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Cointelegraph

Bitcoin buyers wary of July sub-$58K floor amid onchain data ‘anomaly’

Bitcoin HODL waves data revealed an unusually muted reaction to Bitcoin’s drop below $58,000, raising questions over its status as a bear-market floor.Bitcoin (BTC) buyers avoided “buying the dip” as BTC price fell to $57,800 in July, analysis reports.Key points:Read more

Photo: Cointelegraph

Bitcoin HODL waves data revealed an unusually muted reaction to Bitcoin’s drop below $58,000, raising questions over its status as a bear-market floor.Bitcoin (BTC) buyers avoided “buying the dip” as BTC price fell to $57,800 in July, analysis reports.

Key points:

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Originally published by Cointelegraph. Read the full story at the source →

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