Bitcoin daily transfer volume drops 76%, but $160B net capital rise is bullish
By X-blogger - on February 25, 2025
Bitcoin is currently down 8% in February and is less than a week away from registering its first negative monthly returns since February 2020. With the average return sitting at around 14%, the likelihood of Bitcoin hitting a new all-time high is relatively low based on current sentiments.
The Bitcoin-Dollar pair dove 2.0% in the last session. The ROC is giving a negative signal.
Support: 90896 | Resistance: 98789
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