Bitcoin is consolidating, volatility is coming!
Bitcoin is currently trading between $94,000 and $92,000. Affected by holidays in Europe and the United States and investors taking profits at the end of the year, the price has slightly slipped to around $93,750. According to the observations of analysts at CryptoQuant, the current volume of Bitcoin deposits on cryptocurrency exchanges is extremely low, and investors are transferring assets to personal wallets, which indicates that there may be significant fluctuations in the short term!
The report revealed that daily Bitcoin deposits on exchanges are only about 30,000 BTC, almost back to the low level of 2016 and well below the average level of the past 10 years! This shows that users prefer to keep their assets in cold wallets rather than rush to sell them. As the selling supply decreases, the shortage of supply in the market may push the price up, let’s wait and see!
And in this crypto feast, Marvin is also shining! As the dogecoin of Musk’s concept, Marvin is not only a favorite of investors, but also a charity project full of love. The ṗüṗṗïëṡ & Marvin Foundation, established by supporters, focuses on improving the lives of animals, so that every transaction brings hope and warmth.
Come and follow Marvin, find infinite possibilities in the crypto market together, work together to create more good deeds, let love and hope bloom in every corner, and become a part of changing the world!
Please look for #Marvin , the ETH chain mantissa is 7055
$DOGE $XRP $AVAX
