Bitcoin’s Resilient Bounce Back to $59,000: Key Metrics Indicate Bullish Trend

Bitcoin’s (BTC) recent price dip to $53,500 has captured significant investor interest. This drop is primarily attributed to extensive sales by the German government and Mt. Gox creditors. Despite this decline, Bitcoin demonstrated resilience by bouncing back to $59,000, underpinned by strong on-chain metrics and continued interest from major U.S. financial institutions like BlackRock and

Source: CoinOtag