Buyers Hide Deep in the Bitcoin Market as Sellers Dominate Bitcoin market shows increased selling pressure with eager buyers at deeper levels.
Market trends have shifted, indicating a potential bearish phase.
Traders await crucial U.S. economic data for future market direction. The Bitcoin (BTC) $94,603 market currently resembles an iceberg; the prevailing dominance of sellers clearly indicates a downward trend. However, buyers waiting for discounts at deeper levels are eager to set a price floor.