WealthAndFortune
vip

The Bitfinex Alpha report indicates that Bitcoin price movement is narrowing, reflecting a cooling of on-chain activity and derivatives trading, with the market shifting to a sideways phase. The support price level for short-term holders is $98,700, showing significant performance during the recent pullback. Historically, the third quarter has shown weak performance, with average returns well below those of the second quarter, and it is expected that Bitcoin prices will continue to consolidate sideways unless there is significant favourable information.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)