Bitcoin Bulls seems to be hesitant to buy declines after the BTC repetition fails to secure a closure over 98,500 dollars.
Bitcoin (BTC) has been trading less than $ 100,000 psychological critic in the past few days, indicating a lack of aggressive purchase at lower levels. “Bitcoin” flows from derived exchanges and immediate exchanges “indicates the beginning of a declining phase.
Large external flows of products traded in the encrypted currency (ETPS) last week indicate that market participants turn into caution in the short term. According to the Coinshares report, Bitcoin Etps witnessed $ 430 million in external flows in the previous trading week, and may have caused macroeconomic fears and hackers made by US Federal Reserve Chairman Jerome Powell.
Perform the daily cryptocurrency market. source: Coin360
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