The market price of bitcoin fell below $39,000 at the end of the Easter holidays, but has recovered since. Amidst continued volatility and sell pressure, there is also a strong undercurrent of persistent and robust demand.
Cover art/illustration via CryptoSlate
The Bitcoin market fell below $39,000 after the Easter holidays as “weak hands” continued to sell, forcing prices down to a local low at $38,729 before bouncing back.
This uptake is driven by persistent and robust undercurrent demand.
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