Whereas bitcoin just lately hit a record-breaking $89,983, the broadly adopted rainbow chart—identified for illustrating bitcoin’s long-term value actions and market sentiment on a logarithmic scale—sits surprisingly low in comparison with earlier bull run peaks. The Well-liked Bitcoin Rainbow Chart Teases Six-Determine Future Bitcoin has been on a wild journey over the previous month, with costs suggesting […]
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Long-term holders are locking in profit after Bitcoin’s rally to new ATHs
Since Nov. 12, the Bitcoin market has entered a section of great profit-taking, with every day realized earnings averaging round...