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21 January 2021

Bearish on-chain trend seen at Bitcoin's 2019 peak of $14,000 returns | CryptoSlate

Bearish on-chain trend seen at Bitcoin's 2019 peak of $14,000 returns | CryptoSlate


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There are also some that fear the coin will face a correction at the end of the year as there are bearish news events coming to the fore regarding the regulation of this space.

CryptoQuant chief executive Ki Young Ju is concerned that Bitcoin may soon face a correction due to on-chain trends he is seeing.

Some see this as a sign that miners think the price of Bitcoin will correct and are liquidating their holdings in preparation for such an event

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