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CATEGORY: price support


Aug 10, 2023 01:10

How short-term holders keep Bitcoin price stable but constrained

Bitcoin has maintained a tight trading range between $28,000 and $30,000 since April 2023, a prolonged sideways movement that has been a rarity in the market. One of the reasons for this squeezed price range, especially after BTC dropped below $30,000, is price support created by short-term holders. Short-term holders are entities that have held […]

The post How short-term holders keep Bitcoin price stable but constrained appeared first on CryptoSlate.

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