Hi Everyone!
The balance of bitcoin on exchanges began to decline again after a slight increase in April-July. The balance of bitcoins on exchanges is now at the level of August 2018. This indicates less selling pressure on exchanges and we may see more upward movement in the coming weeks.
The last two daily candles show big wicks up to $ 54,000, but no candle closes below $ 56,000, which shows the strength of the bulls. The market looks strong and we may see a $ 60,000 test in the next couple of days.
Until next time!
Your team D&P. Trade
The balance of bitcoin on exchanges began to decline again after a slight increase in April-July. The balance of bitcoins on exchanges is now at the level of August 2018. This indicates less selling pressure on exchanges and we may see more upward movement in the coming weeks.
The last two daily candles show big wicks up to $ 54,000, but no candle closes below $ 56,000, which shows the strength of the bulls. The market looks strong and we may see a $ 60,000 test in the next couple of days.
Until next time!
Your team D&P. Trade