BTC: The possibility of increasing is still impossible
Updated
Bitcoin has been trading between 29,900 to 31,160 for the past 18 days, causing concern among investors who are looking for a clear trend explanation.
After a 25.5% increase from June 15th to June 23rd, leading to the highest Bitcoin price in 13 months, many expected investors to become more positive and optimistic. However, BTC was unable to sustain above $31,000, and derivative data and on-chain neutrality do not support this view.
After a 25.5% increase from June 15th to June 23rd, leading to the highest Bitcoin price in 13 months, many expected investors to become more positive and optimistic. However, BTC was unable to sustain above $31,000, and derivative data and on-chain neutrality do not support this view.
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