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Bitcoin ‘awaiting second leg of bull market’ as BTC price hits $46K 3-month highs

Bitcoin (BTC) hit $46,000 on Aug. 9 as macro factors failed to dent enthusiasm after 18% weekly gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cryptox Markets Pro and TradingView showed BTC/USD trading above $45,500 at the time of writing Monday.After reaching local highs overnight, Bitcoin saw a comedown as the

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Stablecoin Supply Rising, Diminishing Bitcoin Reserves Ready To Fuel Next Leg Up

Bitcoin price is back in the mid-$50,000 range, unable to push any lower despite bears best efforts and overheated technical indicators pointing to a potential trend reversal. However, several fundamental factors are proving to be too strong, and are setting the stage for the next leg up in the ongoing

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