Why is Bitcoin worth caught?

October 16, 2023

(BTC) worth is oscillating inside an ascending channel, bounded by a resistance at $28,000 and a rising help at roughly $26,750.

every day worth chart. Supply: TradingView

The flattening BTC worth motion has accompanied declining volumes and volatility, underscoring a rising bias battle amongst merchants.

Bitcoin transaction depend. Supply: CryptoQuant

Bitcoin provide held by addresses with a 100–100,000 BTC stability. Supply: Santiment

BTC/USD every day worth chart. Supply: TradingView

BTC/USD three-day worth chart. Supply: TradingView

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