Bulls Hesitate To Buy the Dip After BTC Falls at $35K Level By CoinQuora – Investing.com
- Date: 19-Jun-2021
- Source: Investing.com
- Sector:Technology
- Country:Middle East
Bulls Hesitate To Buy the Dip After BTC Falls at $35K Level By CoinQuora – Investing.com
On Friday, Bitcoin touches the $35,000 level again after an interest rate comment from US Federal Reserve. This BTC drop had bulls become hesitant to buy the dip but on-chain shows long-term holders continue to increase.
Bitcoin and traditional markets faced another dip as the US Federal reserve commented about the possibility of a rise in interest rates. As a result, concerns about a further downturn for BTC have been many discussions on a possible death-cross.
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