Bitcoin rises into the week’s Wall Street open as China spooks investors, but BTC price analysis reveals what looks like growing support for a major drop.
Bitcoin bulls will need to navigate a fresh sell-off around the halving, DecenTrader warns, arguing that BTC price action this time around will be no different than usual.
Grayscale Bitcoin Trust sold off a significant portion of its Bitcoin in January, Celsius to return over $3B to creditors, and $900M in tokens to be unlocked in February.
Bitcoin Virtual Machine, SatoshiVM, Spiderchain and BitVM are among those that recently emerged with the aim of expanding the functionality of Bitcoin.
Global economies are tepid. Nonetheless, many buyers still believe Bitcoin will become an economic North Star. Its price will reflect their confidence.