DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Bitcoin Cryptonews

Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving

As the Bitcoin (BTC) price continues to go sideways just below the $25,000 level, traders are trying to assess whether the world’s largest cryptocurrency by market capitalization has enough oomph to muster another breako...

Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving
As the Bitcoin (BTC) price continues to go sideways just below the $25,000 level, traders are trying to assess whether the world’s largest cryptocurrency by market capitalization has enough oomph to muster another breakout above key resistance. For the last five days, sell pressure ahead of the August 2022 highs in the low $25,000s has kept a lid on prices....
Read More: Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving

Original source

Read on Cryptonews

Related market context