The pressure on Bitcoin continues…

Bitcoin: Whale Ratio
BTC: Whale Ratio. Source: Cryptoquant

Several reasons:

  1. July 17 is one of the largest days of the unlock period, with 16240 BTC worth of GBTC becoming available to trade.
  2. The whales are still crushing based on Cryptoquant on-chain metrics.
  3. The growth cycle is complete based on Golden Multiplier, NVT indicator and Logarithmic chart analysis.
  4. The target is still is in…

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👪 Family team 💰 #Stocks and #Crypto insights 📊 CryptoQuant verified author: bit.ly/3Ey6nSR ✍ Guest author at Bitcoin Magazine, The Daily Hodl

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👪 Family team 💰 #Stocks and #Crypto insights 📊 CryptoQuant verified author: bit.ly/3Ey6nSR ✍ Guest author at Bitcoin Magazine, The Daily Hodl

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