BeInCrypto

3 Market Signs Bitcoin Selling Pressure May Be Losing Strength

Bitcoin (BTC) selling pressure may be fading even as the asset slips, with old holders, leveraged traders, and exchange-traded fund (ETF) investors all easing off the sell button. The cryptocurrency has dropped 3.6% over the past week as macroeconomic pressures offset geopolitical relief. Yet three market signals suggest the heaviest distribution may be behind it.

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