Bitcoin Bulls Show Signs Of Exhaustion Around $78,000 — What’s Next?
Bitcoin had a modest start to May, with the flagship cryptocurrency rising as much as 3.5% on Friday. As of this writing, the premier cryptocurrency trades near $78,400, barely moving over the past day. Interestingly, a market pundit has explained how a perceived shift in Bitcoin’s investor behavior could be a major influence on the cryptocurrency’s inertia. Buying Power On Binance Fades After Bitcoin Rally Crazzyblockk, in a QuickTake post on the CryptoQuant platform, highlighted a dynamic shift among Bitcoin investors over the past few days. The relevant indicator cited here is the....
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