@maximiliana9
Bitcoin needs ‘deeper-pocketed investors’ to absorb the recent sell pressure from short-term holders
Heavy ETF outflows suggest institutional support has weakened, and Bitcoin needs renewed interest from long-term holders or institutions.
Bitcoin’s (BTC) price is waiting for long-term holders or institutional demand to absorb the recent sell pressure from short-term holders, according to the latest “Bitfinex Alpha” report.