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Bitcoin ‘vertical acceleration’ off the table for now: Bitfinex

Bitfinex analysts say declining Bitcoin spot volume may indicate a “local top” but all eyes will be on the performance of spot Bitcoin ETFs this week.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin ‘vertical acceleration’ off the table for now: Bitfinex

Bitfinex analysts say declining Bitcoin spot volume may indicate a “local top” but all eyes will be on the performance of spot Bitcoin ETFs this week.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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