Bitcoin Failed To Break Through $25,000 After Giving Bulls A False Hope — Here’s Why It Was All A Mirage

  • Bitcoin (BTC) reached a 30-day high of $24,974 after weeks of hovering in the doldrums as investors braced themselves for a rally.
  • All signs of enthusiasm have slowly faded, with prices floating at just below $20,000.
  • The actions of whales, shrimps, and miners played a role in the false start faced by BTC.

Network activity was another indicator

Bitcoin’s present standings

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