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Tag: Recovery

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Bitcoin (BTC) Price Decline May Not Be Over Despite Recent Recovery

In Brief Although Bitcoin has shed some losses, distribution from holders signals that the coin’s troubles are far from over. Spot Bitcoin ETFs recorded persistent outflows last Friday, giving further credence to the sentiment. BTC price is closing in on the supply zone around $62,477, suggesting that it may retrace to $60,499. Bitcoin (BTC) holders…
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Chainlink (LINK) Is Due For Another Drop Before Recovery

In Brief LINK price will most likely slip to $11.7 before recovering $13.2 as support to initiate a recovery. The decline in network growth is a sign that the project is losing traction among potential investors. LINK is currently undervalued and could see a short dip before recovery, as per the MVRV ratio. Chainlink (LINK) is currently facing…
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