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Traders Think Bitcoin Bottomed BTC price gravitates around t | Startups & VC

Traders Think Bitcoin Bottomed

BTC price gravitates around the low $30,000 zone, luring traders to believe the bottom is in, but data from Glassnode warns of another final sell-off.

The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC) buyer who made a purchase since Jan. 1, 2021

Data from Glassnode shows these buyers "are now underwater" and the market is gearing up for a final capitulation event