Bitcoin Active Addresses Drop After Losing $100K Level – Bullish Pattern Amid Volatility?

Quick Summary:

Bitcoin has faced severe selling pressure after briefly reclaiming the $100K mark, only to lose it in under three days.

The swift reversal has left investors on edge as BTC now struggles to find stability around the $95K level.

While this might seem bearish at first glance, Adler noted that this trend aligns with a bullish pattern when adjusted for volatility in the futures market.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: Bitcoin analysis Bitcoin news Bitcoin News Bitcoin correction Bitcoin Bitcoin active addresses Bitcoin drop Btc BTCUSDT

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 06:00:42 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 589 words

Reading Time: 4 minutes read

Sentences: 54 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24992543

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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