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Bitcoin Sees ‘Strong Transition’ From Heavy Selling to Buying: Will BTC Price Follow?

Avatar photo Sonny S. Watts 1 day ago

Bitcoin (BTC) traded at $118,559 on Aug. 12, down 0.12% on the day, as market data showed one of the strongest shifts in trading behavior in recent months. The Spot Cumulative Volume Delta (CVD) — a measure of whether more Bitcoin is being bought or sold on spot exchanges — improved 94.3% over the past […]

The post Bitcoin Sees ‘Strong Transition’ From Heavy Selling to Buying: Will BTC Price Follow? appeared first on CoinChapter.

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.