Can the Bitcoin supply squeeze help bulls this week? Here are 5 things to consider when it comes to BTC price action.
) is starting the final week of January in a place no one wanted but many warned about — a 50% drawdown from all-time highs.
With macro markets facing a tough time of their own thanks to rapidly-changing Federal Reserve policy, crypto holders will be eyeing their coins’ correlation to traditional assets going forward. Can Bitcoin break the trend? From $39,000 to current lows of $34,000, BTC showed no mercy as liquidations mounted and sentiment took a fresh beating.
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