short-term buying

Merkado

Over $2 billion worth of bitcoin was sent to exchanges at a loss on Thursday, the most since August's yen carry trade unwind, as bitcoin fell below $70,000.

Ni James Van StratenNob 1, 2024

Historically, bitcoin produces positive returns in February, which could offer some hope for bullish traders. Technical indicators suggest short-term buyers could remain active around the $35,000-$37,000 support zone, although upside appears to be limited toward $45,000. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Peb 2, 2022