Experts: Bitcoin Could Suffer a Correction After Halving
According to analysts from DecenTrader, Bitcoin is expected to experience a sell-off after its halving event, testing the resolve of investors.
According to analysts from DecenTrader, Bitcoin is expected to experience a sell-off after its halving event, testing the resolve of investors.
Last week, more than $700 million was invested into Bitcoin-focused investment vehicles.
This week, Vice President Felix Ulloa reaffirmed that the government has no intention of repealing the law recognizing Bitcoin as a means of payment.
Mining pool reserves have reached their lowest level since July 2021.
On January 31, net inflows into spot Bitcoin ETFs reached $197 million, marking the fourth consecutive day of positive trend.
German police have taken control of almost 50,000 BTC (equivalent to $2.17 billion) that were obtained through illegal activities.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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