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BeInCrypto BR
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Bitcoin stable at US$ 89 thousand, but charts indicate loss of strength
The price of Bitcoin has remained practically stable over the last 24 hours. BTC continues to be traded close to US$ 89,500, even with weekly losses of around 6%. At first glance, the scenario points to consolidation. However, the charts indicate a different dynamic.
Various technical signals and on-chain data now indicate a stalemate. Buyers are trying to postpone a sharper decline, without signaling the beginning of a new uptrend. The risk accumulates discreetly, while an agent previously less observed starts to gain importance.
Various technical signals and on-chain data now indicate a stalemate. Buyers are trying to postpone a sharper decline, without signaling the beginning of a new uptrend. The risk accumulates discreetly, while an agent previously less observed starts to gain importance.
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