Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Bitcoin is currently trading above $93,000, showing strength after weeks of volatility and consolidation. The latest breakout suggests bulls are gaining control, with momentum leaning toward a continued push higher. However, macroeconomic uncertainty continues to cloud market sentiment, with analysts split on what’s next. Some believe this marks the beginning of a recovery phase, while others warn that the worst of the correction may still lie ahead.
Adding to the mixed signals, new data from CryptoQuant reveals that short-term holders—those who have been underwater for the past three months—are now actively selling their coins. This wave of profit-taking appears to have temporarily stalled Bitcoin’s upward trajectory, acting as resistance just as
Trending: A Frail Joe Biden Manages to Offend Multitudes During Pope’s Funeral
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!