Bitcoin's next breakout movement could take 4 more months

Bitcoin’s (BTC) selling pressure is potentially subsiding as traders register 12% in unrealized loss margins, according to CryptoQuant’s head of research, Julio Moreno. Moreno added that this...

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Bitcoin's next breakout movement could take 4 more months

Source: CryptoSlate

Bitcoin’s (BTC) selling pressure is potentially subsiding as traders register 12% in unrealized loss margins, according to CryptoQuant’s head of research, Julio Moreno. Moreno added that this could potentially result in BTC getting stuck in a lateralization pattern for up to four months. He further highlighted that the current level of traders’ unrealized losses usually signals […]