tldr; A CryptoQuant report reveals that Bitcoin buy walls have strengthened across exchanges, neutralizing sell walls. This shift marks a change from the 2020-2022 cycle, where sell walls were thicker. Despite low public interest, as indicated by Google search trends, analysts remain optimistic about Bitcoin’s prospects. The cryptocurrency has broken out of a falling wedge pattern, suggesting potential for new all-time highs. Bitcoin recently surpassed $65,000, contributing to a 3% increase in the global crypto market cap.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
hiorea on
I see no coin that not trying to breaking out. Easiest money in my life will be the next six months. No leverage no care nothing at all. Just spot and chill
kirtash93 on
Time to release the bulls!
middlemangv on
So basically, the way I see it, not even one coin is independent. Bitcoin is dictating the price.
4 Comments
tldr; A CryptoQuant report reveals that Bitcoin buy walls have strengthened across exchanges, neutralizing sell walls. This shift marks a change from the 2020-2022 cycle, where sell walls were thicker. Despite low public interest, as indicated by Google search trends, analysts remain optimistic about Bitcoin’s prospects. The cryptocurrency has broken out of a falling wedge pattern, suggesting potential for new all-time highs. Bitcoin recently surpassed $65,000, contributing to a 3% increase in the global crypto market cap.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I see no coin that not trying to breaking out. Easiest money in my life will be the next six months. No leverage no care nothing at all. Just spot and chill
Time to release the bulls!
So basically, the way I see it, not even one coin is independent. Bitcoin is dictating the price.