Post
Topic
Board Bitcoin Discussion
Re: What's reason for pumping btc price?
by
Terrell
on 23/01/2021, 21:26:12 UTC
Despite Bitcoin's (BTC) steep rally in November, the price is consolidating above $15,000 as on-chain analyst, Willy Woo says a blow-off top is unlikely for three main reasons. The three factors are the growing outflow of funds from exchanges, increase in “HODLers,” and data showing that investors already took profit.