Bitcoin needs ‘deeper-pocketed investors’ to absorb the recent sell pressure from short-term holders

Bitcoin’s (BTC) price is waiting for long-term holders or institutional demand to absorb the recent sell pressure from short-term holders, according to the latest “Bitfinex Alpha” report. Bitcoin’s decline from its all-time high of $109,590 on Jan. 20 has intensified concerns about the role of institutional investors in sustaining market momentum. The recent pullback below […]