Bitcoin Slips Deeper Into Correction With Spot Demand Drying Up - What To Know
12 Articles
12 Articles
The Bitcoin continues its descent. In recent days the cryptocurrency has lost significantly in value. Experts warn of further resets.
Key points of the Bitcoin News listed at $76,101 after a fall of -2,98% in the last 24 hours, extending a corrective phase of five months. Exchange data show a weak spot demand that limits the strength of rebounds and increases the sensitivity to volatility. Analysts keep a pro-script perspective, considering the slowdown as a normal consolidation before the next growth cycle. Market observers highlight that long-term accumulation continues sile…
Bitcoin Slips Deeper Into Correction With Spot Demand Drying Up – What To Know
After losing the $80,000 price mark, the price of Bitcoin has made several attempts to recover this level, but each one was capped by this resistance zone, which was once a key support. Interestingly, this continued bearish pressure is beginning to reflect on multiple crucial areas of the market, such as Spot trading. Lack Of […]
Bitcoin Spot Demand Dries Up as Liquidity Drought Deepens Further
Key Insights Bitcoin Spot volumes contracted as liquidity exited exchanges. Futures deleveraging reduced risk appetite across Bitcoin markets. On-chain data showed demand weakness, not structural network stress. Bitcoin spot demand weakened through January as liquidity retreated across major exchanges and derivatives markets. The slowdown followed months of declining activity after an October liquidation shock disrupted risk positioning. That s…
Bitcoin Slips Deeper Into Correction With Spot Demand Drying Up - What To Know
After losing the $80,000 price mark, the price of Bitcoin has made several attempts to recover this level, but each one was capped by this resistance zone, which was once a key support. Interestingly, this continued bearish pressure is beginning to reflect on multiple crucial areas of the market, such as Spot trading. Lack Of Spot Bitcoin Buyers Extends The broader cryptocurrency market was left in awe when the Bitcoin price experienced a sharp …
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