Bitcoin’s $30k – $32k Level Should Hold due to Institutional Investors
Quick take:CryptoQuant CEO forecasts that $30k – $32k should hold because most institutional investors bought Bitcoin around these levelsHe cites the January 2nd outflow from Coinbase when BTC was around this price areaHowever, he cautions that his analysis is a ‘speculative guess’Bitcoin’s recent crash was most likely accelerated by Coinbase
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