Why Bitcoin [BTC] investors should consider taking a chill pill

According to the BTC/USDT chart, the Awesome Oscillator seemed to agree with the above projections. This is because the momentum was moving below the histogram. Additionally, it maintained a bearish edge at -213.27, even as the BTC price continued to fall.

However, the Chaikin Money Flow indicated short-term investors may have started deploying capital into Bitcoin as it remained above zero at 0.10, with possible indications to go further up.With these current situations, BaroVirtual may well be right to ask that short-term profit expectations should be at a minimal level. Apart from the indicators, what are other metrics saying?

According to Glassnode data, stablecoin deposits have been relatively low lately. The on-chain analytics platform reported that both Circle [USDC] and Tether [USDT]

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Celsius or not, here’s why CEL is up by 109% in 30 daysCEL, the native token of bankrupt cryptocurrency lending company Celsius Network LLC, has rallied by 109% in the last 30 days. On the daily chart, the token’s price movements formed a rising wedge. Hence, investors who intend to retain their trade positions should be on the lookout for a price correction. Price-performance analysis Trading at […]
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