May 7, 2025

Bitcoin Price Forms A Significant Supply Barrier, Risking A Significant Correction!

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The post Bitcoin Price Forms A Significant Supply Barrier, Risking A Significant Correction! appeared first on Coinpedia Fintech News As per the latest on-chain reports, around 5.45 Million addresses have acquired 3.03 Million BTCs between the range of $70,800 and $64,300 forming a huge supply barrier in this market. This further risks the possibility of a sharp correction in the Bitcoin price in the coming time. Theoretically, if the BTC price continues to drop, …

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