Bitcoin Price Is ‘Stuck’ At $30K — Here Are 3 Reasons Why

  • Posted on July 19, 2023
  • News
  • By FC Team
  • 307 Views

 BITCOIN(BTC) has spent almost a month at or near $30,000, but this is no coincidence, new analysis claims.In one of its Quicktake market updates on July 17, on-chain analytics platform CryptoQuant highlighted three key factors keeping BTC price action in the same place.Bitcoin STH supply annotated chart. Source: CryptoQuantBitcoin miner exchange inflow realized price annotated chart. Source: CryptoQuantBitcoin historical volatility index chart. Investing.com

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