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Home ยป Analyst Anticipates Major Bitcoin Price Movement Following Period of Consolidation
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Analyst Anticipates Major Bitcoin Price Movement Following Period of Consolidation

By adminJun. 5, 2024No Comments1 Min Read
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The analysis by Checkmate is honing in on the sell-side risk ratio for short-term investors, which is currently plummeting at a rapid pace. This particular metric indicates that individuals who have been holding onto Bitcoin for less than 155 days are experiencing a loss in momentum. These short-term investors play a crucial role in driving short-term fluctuations in price. The analyst notes that the dwindling sell-side risk ratio indicates that Bitcoin is poised for a major move, likening it to a tightly wound spring ready to release its potential energy. For the most up-to-date financial and business news, visit COINTURK FINANCE.

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