Bitcoin Euphoria Cools Off As BTC Distribution Enters Fear Zone

Bitcoin has finally broken below the $60,000 support level for the first time in two months. The world’s largest digital asset has largely been in a euphoria phase since the beginning of the year, particularly after the launch of Spot Bitcoin ETFs in the US market. However, the current consolidation of the price of Bitcoin indicates the euphoria might be fading. According to a new report from... source: https://www.newsbtc.com/news/bitcoin/bitcoin-euphoria-btc-distribution/