1 hour ago
Bitcoin Price Tests $60K as Exchange Reserves Signal Accumulation
BitcoinbitcoinBitcoin exchange reservesBitcoin priceBitcoin Technical AnalysisBTCbtc priceCLARITY ActCryptocrypto marketCrypto newscrypto regulationcryptocurrencyDeFiDigital Assetson-chain analysis
TLDR: Bitcoin price trades near $63,400, but a six-month decline of 78,000 BTC in exchange reserves points to continued withdrawal and quieter accumulation. The $59,800 to $61,400 demand zone remains the main defense, while a confirmed loss of $57,700 could expose $55,000, $52,000, and $50,000. Federal Reserve rate risks, weak technology shares, limited ETF demand, [...]
The post Bitcoin Price Tests $60K as Exchange Reserves Signal Accumulation appeared first on Blockonomi.
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