The post Here’s When Bitcoin (BTC) Price Might End the Bearish End appeared first on Coinpedia Fintech News
Bitcoin’s (BTC) price has been attempting to regain support above $40,000 in the past 24 hours after the selloff recorded earlier this week. The heightened crypto price volatility has resulted in more than $305 million liquidated from leveraged trading in the past 24 hours.
Notably, more crypto traders are eager to buy the Bitcoin dips in preparation for the macro bull market that is set to be triggered by the upcoming halving in April this year. Moreover, the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States has significantly changed the entire crypto dynamics, with the demand rising daily.
Crypto Traders on a Bitcoin Selling Spree
After experiencing a significant resistance level of around $44.5k in the past few weeks, Bitcoin’s price is well primed for a market correction soon.
The bearish outlook is bolstered by the recent heightened selling v
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