Bitcoin Braces for Another Dip as On-Chain Data Warns of Spot and Futures Selloffs

Bitcoin may be gearing up for another downturn as on-chain data signals sustained selling pressure. A recent report from CryptoQuant shows an uptick in selloffs among spot and futures traders.   If this trend persists, BTC risks sliding below the critical $110,000 price mark. Bitcoin Sell Pressure Intensifies According to a recently published report on CryptoQuant, Bitcoin has seen a surge in selloffs from both spot and futures traders, as reflected in two key indicators—the Spot Taker Cumulative Volume Delta (CVD, 90-day) and the Taker Buy/Sell Ratio source: https://beincrypto.com/btc-price-braces-for-another-dip/