Bitcoin selling at $95K is ‘profit-taking pressure test’ but BTC whales are still buying
5h ago•
bullish:
0
bearish:
0
Share
Bitcoin's reaction to US GDP figures is overblown as data shows BTC selling over the past few days ramping up near the $95,000 level as short-term traders take profit.
Key Takeaways:
US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears.
Bitcoin faces selling pressure with its spot volume delta dropping $300 million in 3 days.
5h ago•
bullish:
0
bearish:
0
Share
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
bullish:
0
bearish:
0
