The Perfect Time for Short-Term Bitcoin Holders πͺ ποΈ Santiment, an on-chain intelligence platform, expects a short-term price reversion for bitcoin as the macroeconomic situation is still uncertain and investors should be cautious. They also say the altcoin rally is showing signs of overheating and long-term holders are holding on to assets. Crypto Quant also expects a bear trend as BTC reserves on spot exchanges see a rally and investors are transferring assets from cold wallets to spot exchanges for profit taking, which could mean a short-lived recovery rally.
Bitcoin current price πͺ
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