• Wed. Oct 5th, 2022

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Market Wrap: Bitcoin Dips; Trading Range Could Result in Sharp Price Swings – CoinDesk

“With prices trading sideways in recent weeks, a relative equilibrium has been established,” Glassnode, the crypto data firm, wrote in a blog post. “However, given the limited incoming fresh demand, this delicate balance can be disrupted by any significant degree of seller exhaustion, or conversely a re-invigoration of sellers.”