Bitcoin Balance on Coinbase Falls to 4 Year Low, Can BTC Supply Shock Push Price Over $50K?

member17 (45)memberSteem Linkerin Steem Links • 3 years ago

Bitcoin’s (BTC) price is trading at $47,188 continuing the consolidation phase under $50K price. The top cryptocurrency breached $50K last week to post a new 3-month high of $50,400, but couldn’t solidify its position above the key resistance. It has traded in the $45K-$50K range since then, having formed key on-chain support in the region. While BTC price showed little momentum, the exchange outflows continued to surge.

#steemlinks #steemit #steem #crypto #bitcoin #coinbase

3 years ago in Steem Links by member17 (45)memberSteem Linker

$0.22

4 votes

STEEM 0.16

TRX 0.15

JST 0.028

BTC 55789.30

ETH 2345.53

USDT 1.00

SBD 2.31

Bitcoin Balance on Coinbase Falls to 4 Year Low, Can BTC Supply Shock Push Price Over $50K?

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