TheStreet - Bitcoin's price is consolidating, with strong support from long-term holders and rising leverage, but users should stay vigilant for potential volatility and the growing influence of institutional investors

in blockchain •  6 months ago 

https://www.thestreet.com/crypto/markets/bitcoin-breakout-or-break-down-warning
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Bitcoin's price has been consolidating, with signs of both bullish potential and market uncertainty.

Miners have sold substantial amounts of Bitcoin, but the price remains stable, signaling strong support, while long-term holders continue accumulating.

With volatility at historic lows and leverage ratios increasing, users should remain vigilant for sudden price movements and consider the growing influence of institutional investors when positioning their portfolios.

Beware of sudden price movements!!

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