Recent Bitcoin Transaction Shines Light on Institutional Accumulation Trend

 



Bitcoin’s price has been fairly stable below $24,000, with sellers being unable to firmly degrade its strength despite the weakness seen across altcoins

BTC’s dominance has been rising rapidly as it sucks the oxygen out of the room, with analysts widely targeting continued strength against altcoins

However, Bitcoin still has some major hurdles in its path that may continue hampering its growth and stopping it from seeing any massive uptrend

This includes the massive resistance between $24,000 and $24,200. Whether or not it can break above this level should provide serious insights into its outlook

One on-chain explained that specific Coinbase transactions are confirming a trend of institutional accumulation

To more read  visit here:  https://cryptnewz.com/recent-bitcoin-transaction-shines-light-on-institutional-accumulation-trend/

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