(BTC) has managed to remain above $27,000 over the previous three days, however its 9% loss final week scared off some novice merchants. Glassnode information reveals that short-term holders who purchased Bitcoin lower than 155 days in the past have been strikes cash to exchanges at a loss from April 16
Whereas short-term merchants are panicking and specializing in a break under the $25,000 degree, some analysts are bullish for the approaching 12 months. Bloomberg Intelligence analyst Jamie Douglas Coutts expects Bitcoin to achieve $50,000 by 2024 in April
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