Bitcoin's March Rally: From $64K to $200K

1 min read
Source: CryptoPotato
TL;DR Summary

Santiment's monthly report suggests that the cryptocurrency market may be in a danger zone with increased risk of a short-term correction after Bitcoin's surge to $64,000 in February. On-chain indicators show that both long and short-term active wallets may soon begin to sell their BTC, with historical data indicating a likelihood of a short-term correction. Bitcoin whales have been splitting their holdings, and the outcome of recent on-chain movements remains to be seen, indicating a potentially wild March for the crypto market.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

2 min

vs 3 min read

Condensed

80%

41882 words

Want the full story? Read the original article

Read on CryptoPotato