Bitcoin clings to $36K as data suggests BTC price sell-off came from short-term holders - Cointelegraph

5/7/2022 12:00:00 AM2 years 11 months ago
by William Suberg
by William Suberg
Did Bitcoin buyers from February capitulate this week? Data suggests BTC price action caused a short-term holder shakeout.
Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in … [+2922 chars]
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