Bitcoin metrics and market indicators also painted a bearish picture for BTCmanage to register gains in terms of its price., BTC’s price declined by more than 1.5% in the last seven days. Furthermore, at the time of writing, it was trading at $16,654.85 with a market capitalization of over $320 billion.
that investors could have to wait a little longer to witness a price pump.The analysis talked about the Taker Buy/Sell ratio, which is a metric used to examine the prevailing sentiments on the derivatives market. As per the analysis, the index was bouncing around 1, and unlike previous patterns, there was no clear direction to these swings, since August 2022.is headed, which reduces the chances of an unprecedented surge in the short term.
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