Following its price crash in early February, Bitcoin continues to exhibit significant volatility, with prices fluctuating between $60,000 and $70,000. Last week, the leading cryptocurrency saw a sharp rebound towards the 74,000 price level, but was soon followed by a deep retracement to around $68,000. Amid this choppy price movement and lack of market direction,…
Tag: Bitcoin CDD
Bitcoin 30-Day CDD Down: Market Absorbs LTH Selling Without Breaking Support
Bitcoin is trading at a decisive level after surging to fresh all-time highs, touching $124,000 before pulling back. Bulls remain in control, but the market now shows signs of hesitation, with BTC struggling to confirm momentum above $120,000. This price action reflects indecision among traders as the market balances profit-taking with renewed accumulation. On-chain data…
Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm
Bitcoin is testing uncharted territory after breaking past its previous all-time high of $112,000 last Thursday, igniting a powerful new phase in the bull market. With the price currently hovering above $117,000, bulls are firmly in control as optimism spreads across the crypto market. The breakout comes after weeks of tight consolidation, signaling renewed confidence…