BTC Price Drops Below SMAs with Negative with Negative BTC Miner
...significant drop in the price of BTC, which is now trading below its Simple Moving Averages (SMA) of 50, 100, and 200. This downward trend indicates a potential bearish market sentiment...
Over the past few days, we have witnessed a significant drop in the price of BTC, which is now trading below its Simple Moving Averages (SMA) of 50, 100, and 200. This downward trend indicates a potential bearish market sentiment and raises serious concerns for BTC miners.
Furthermore, the BTC miner netflow remains persistently negative, indicating a con…
Keep reading with a 7-day free trial
Subscribe to Quantlabs Substack to keep reading this post and get 7 days of free access to the full post archives.