Bitcoin Price Rally Analysis: Seller Exhaustion Fuels Surge to $65K
Tuesday, 16 July 2024, 22:36
Bitcoin Price Rally Analysis
The recent surge in Bitcoin price to $65K is attributed to the complete exhaustion of sellers, as analyzed by Glassnode.
Market Dynamics
This surge signals a shift in market dynamics and reflects strong bullish sentiment.
Key Factor
Glassnode's analysis sheds light on the key factor propelling Bitcoin's upward momentum.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.