Bitcoin Faces Continued Selling Pressure Amid Seasonal Weakness and Market Conditions, Analyst Warns

Veteran crypto analyst Vetle Lunde examines the duration of ongoing selling pressure and adverse market conditions. Lunde, a senior analyst at K33 Research, highlighted seasonal trends negatively affecting Bitcoin, noting the third quarter’s historically weak returns. Expressing pessimism for Q3 2024, Lunde pointed to Germany and Mt.Gox’s selling pressure as continuing detrimental factors. Discover the

Source: CoinOtag