Bitcoin Price Could Drop Further as On-Chain Indicators Signal Bearish Trend
2023/08/21 05:30
Last week, Bitcoin experienced significant selling pressure after Tesla sold its $373 million worth of BTC holdings. Currently, Bitcoin is trading at $26,060 with a market cap of $507 billion. On-chain indicators and technical analysis suggest that the BTC price may continue to decline, potentially dropping to around $20,350.
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