Bitcoin’s next “local bottom” could be here thanks to retail sellers

Key Points: Short-term Bitcoin holders have shown classic profit-making behavior and send BTC to exchange. Their presence between exchange influx reached levels related to “local bottoms” in BTC/USD. The popular bid level for Binance is currently at $117,500. Bitcoin (BTC) could be at the next local bottom as retail investors are owing to profits, a [...]

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from btc-news https://btc-news.today/bitcoins-next-local-bottom-could-be-here-thanks-to-retail-sellers/
via https://btc-news.today/

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