🧵 1. Bitcoin price fluctuates around $63k after hitting $73,740 ATH. Several factors contributing to price swings incl. sell pressure and upcoming halving. #crypto
🧵 1. Bitcoin price fluctuates around $63k after hitting $73,740 ATH. Several factors contributing to price swings incl. sell pressure and upcoming halving. #crypto
🧵 Read more at @coolguy222's blog: https://inleo.io/@coolguy222/bitcoin-halving-and-its-positive-effect-on-crypto
🧵 2. Recent drop to $62,800 shows resistance at $64k level. Sell walls hindering Bitcoin's upward movement despite rebound attempts.
🧵 3. Sell pressure on Bitcoin at $67k could be due to whale trap or early investors selling for profit. Individual control over funds in the crypto world.
🧵 4. Despite short-term profits, selling Bitcoin before halving may hinder long-term gains. Halving cuts block rewards, making mining harder and pushing prices higher.