Binance Bitcoin reserve drops to January 2024 lows – Sign of a looming rally?

Quick Summary:

Santiment cautious of a breakout rally to $110K as bullish sentiment makes a comeback post-Christmas.

But Santiment cautioned that a breakout to $110K would probably happen when people least expect it.“Traders are now swinging bullish once again, with speculation of $110K getting rampant.

These low levels were last seen in January, just before US BTC ETFs went live and triggered a 90% pump, noted pseudonymous analyst Dark Fost.

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Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets: United States

Topics: News News 1 Ambcrypto Bitcoin BTC Trading View Featured Trading View Social

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 15:00:17 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © AMBCrypto

News ID: 24674801

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Main Topics: Crypto

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