CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinOtag 2024-07-03 03:07:14

Bitcoin Bullish Trend Faces Potential Risks Amid Mt. Gox Sell-Off Concerns

Bitcoin continues its upward trajectory, particularly notable in the daily charts for Q1 2024, now hovering above the $60,000 mark. Analysts are divided over whether this upward trend is sustainable, especially given recent on-chain activity data. A recent analysis highlighted a significant increase in Bitcoin transactions, raising concerns about oversupply and potential price drops. Discover

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.