Browsing: Bitcoin selling pressure

Bitcoin selling pressure has become a pivotal theme in discussions surrounding the cryptocurrency market, revealing the potential for significant price adjustments.Recent reports indicate that hefty sales from Bitcoin spot ETFs, coupled with forced liquidations due to abrupt price drops, are contributing to heightened market volatility.

Bitcoin price prediction has become a hot topic among traders and investors as the cryptocurrency recently dipped below $87,000.This significant decline coincided with the Coinbase Premium falling to 12-month lows, indicating weak demand in the US market.

Bitcoin selling pressure Some funds are attempting to enter the market to alleviate the selling pressure on Bitcoin, while the level of market panic has not intensified further. Recent analysis indicates that these funds are… (via Bpaynews real-time desk)

An analyst reports that on-chain data suggests a decline in Bitcoin selling pressure, with the market responding positively by buying…