Is Bitcoin’s price action at risk? Here’s why traders should watch out!

01/05/2025 09:00
Is Bitcoin’s price action at risk? Here’s why traders should watch out!

Bitcoin's short-term outlook faces a potential slowdown as the STH SOPR declines, signaling possible consolidation or correction...

Active Currencies 16432

Market Cap $3,652,780,503,590.00

Bitcoin Share 53.16%

24h Market Cap Change $-1.36

Bitcoin

Bitcoin’s price may face consolidation or deeper correction due to the declining STH SOPR – A sign of investor hesitancy.

Avatar

contributor

Is Bitcoin's price action at risk? Here's why traders should watch out!

Avatar

contributor

Avatar

Samantha is a full-time crypto journalist with 2 years of writing experience in the field. Her key area of interest is the political ramifications of crypto-centric laws around the world. An avid market trader, Samantha also has a keen eye for price anomalies on trading charts.

Read more --->