Charts suggest BTC price will dip below $30,000, and derivatives data shows options traders becoming increasingly worried.
Source: Coin telegraph bitcoin
ARK argues that bearish continuation has limited room left to run, as on-chain indicators bottom out. Source: Coin telegraph bitcoin
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs. Source: Coin telegraph bitcoin
Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry. Source: Coin telegraph bitcoin