Why the figure of 54.5% is important for a Bitcoin HODLer today

2 years ago 143
Bitcoin, the largest cryptocurrency dropped to a more than two-week low given the fears of a possible Russian invasion of Ukraine. Some predicted that the flagship cryptocurrency could slide toward the key $30,000 level. Bitcoin on-chain analysis highlighted a few concerns related to the selling pressure. Weakness in mainstream An Analytics report on 21 February, on-chain metrics […]
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