On-chain metrics, as well as technical data, hint at a drop in the coin’s price.
Bitcoin created a short-term range between $66.9k and $59.7k, with prices at the mid-range mark at press time.
Bitcoin’s metric suggests that it is undervalued, but market indicators show more slow-moving days ahead.
Hong Kong Bitcoin ETFs to go live on Tuesday with the lowest fee on average, and a unique ‘in-kind” feature.