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Bitcoin Technical Indicators Suggest Short-Term Recovery To $41.3K

Bitcoin is consolidating above the $39,250 support zone against the US Dollar. BTC could recover if it manages to clear the $40,250 resistance zone. Bitcoin retested the $39,250 support zone and found a strong buying interest. The price is still trading below $41,000 and the 100 hourly simple moving average. There is a

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Data Shows Bitcoin Short-Term Holders Realizing Significant Losses

On-chain data shows that Bitcoin short-term holders have now started to realize significant losses. This could prove to be a bearish signal for the crypto. Bitcoin Short-Term Holders Are Taking Significant Losses As pointed out by an analyst in a CryptoQuant post, the BTC market is now looking at significant losses being

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