Bitcoin’s ‘less aggressive demand’ may lead to months of consolidation: Analysis
CoinTelegraph·
60-second summary
Bitcoin demand and ETF flows are weakening as BTC struggles below $80,000, potentially leading to months of consolidation or a drop toward $65,000. This shift in investor sentiment may be attributed to less aggressive demand, causing a slowdown in price appreciation. The prolonged consolidation could weigh on investor confidence and hinder further price growth.
Bitcoin demand and ETF flows weaken as BTC struggles below $80,000, raising risks of prolonged consolidation or a drop toward $65,000.