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25 June 2021

Bitcoin Moves Sideways, But Looks Set For A Moon Week

Bitcoin Moves Sideways, But Looks Set For A Moon Week


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However, selling pressure on that mark appears high with a lot of retail investors still driving the price action.

However, Woo believes this cycle has different indicators with a lot of BTC switching from short-term investors to “strong holders”.

This coincided with BTC’s price gaining momentum and reaching new all-time highs

In contrast, May has been more stable more for this sector with funding rates belove 0.05% which suggests a “healthier” price action.

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