Bitcoin Faces Potential Price Correction to $54k Amid Weak Selling Pressure and Optimistic Indicators

The value of Bitcoin (BTC) has taken a substantial hit, dropping nearly 4% in the past 24 hours. Interestingly, on-chain metrics indicate that the selling pressure on BTC remains relatively weak. A significant detail is that even after the dip, a large percentage of BTC’s total supply is still in profit. Discover the latest trends

Source: CoinOtag