Menu Laterale Completo
🇮🇹 ITA 🇬🇧 ENG
× 📱 DOWNLOAD APP OUR SERVICE

☎️BITCOIN PRICE NEARING LOCAL MINIMUM

☎️BITCOIN PRICE NEARING LOCAL MINIMUM

Day: 08 | Time: 16:08:20.000Z According to analysts at Bitfinex, the recent collapse in the price of Bitcoin may have reached a local minimum. The massive sell-off of Bitcoin in June was partly caused by the selling off by German authorities, but the value of the seized and subsequently sold Bitcoin represents only 4% of the total value of Bitcoin bought and sold since 2023. Additionally, the decline in the profit ratio of outputs and negative funding rates may indicate that the bottom of the Bitcoin price may be near.

ab14d039-26ed-4c13-aa37-a345a9f3c4c1.jpg
30ae324e-1b36-4335-87aa-024e915587f4.png

Source: Cointelegraph