Is Bitcoin’s bottom near? These wallets hold the clue

Quick Summary:

Custodial wallets with no outflows have been adding during the price dip, reinforcing the "accumulation" argument.

There was huge buying pressure behind the king coin, but is it enough to overcome the correction of the past month?

Its ETF inflows have been positive over the past few days, which was an encouraging sign about its market sentiment.

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Article Details

Author / Journalist: Akashnath S

Category: Crypto

Markets: United StatesIndia

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-12 @ 09:00:50 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 546 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 21582897

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 14 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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