Category: ARK Invest

Bitcoin risks final ‘bear market capitulation’ as rich investors continue BTC selloff — analyst

Bitcoin risks final ‘bear market capitulation’ as rich investors continue BTC selloff — analyst

Bitcoin (BTC) could undergo one last bear market capitulation if “whales” — addresses that hold more than $1 million worth of Bitcoin — ramp up their selling pressure, according to on-chain analyst Willy Woo. Room for another Bitcoin drop? Woo assessed the average price at which short-term investors entered the Bitcoin market across history and charted the […]

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