Coinbase Analysts Warn: Bitcoin’s Upward Trend Could Hit a Wall — Here’s Why
As Bitcoin is experiencing an uptrend in price increasing by 12.6% in the past week to trade above $66,000, analysts at Coinbase in a Friday report have disclosed potential limitations to its upward trajectory due to “increasing sell orders” on the exchange.
According to the report, the recent appreciation in Bitcoin’s value has tempted many traders to capitalize by selling, which could curb further gains.A Wall Ahead, What Happens To Bitcoin Then?
This report, which analyzes t
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