Bitcoin (BTC) hit a record high on December 17 but has since dropped below $100,000. Key indicators, such as the ADX, alongside cautious whale activity, suggest a weakening downtrend.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin (BTC) Downtrend Weakens Amid Increasing Whale Accumulation
Bitcoin (BTC) hit a record high on December 17 but has since dropped below $100,000. Key indicators, such as the ADX, alongside cautious whale activity, suggest a weakening downtrend.