BIT: Institutional funds are shifting, Bitcoin key support level faces a test
According to ChainCatcher news and BIT analysis, in the past four years, one notable feature of Bitcoin is that most of its gains have occurred during short periods of rapid surges, followed by longer periods of sideways consolidation. The pullback phases show a similar pattern: the price usually drops sharply at first, releasing most of the downward pressure in one go, and then gradually stabilizes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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