Derived from CoinEdition, Bitcoin dropped to its lowest price in six months, trading below $94,000 this week. The decline saw nearly $1 billion in outflows from Bitcoin ETFs and triggered bearish concerns across the crypto market. Santiment data indicates mixed signals, with large holders selling while retail investors continue to buy the dip. Onchain metrics, including MVRV, are at their lowest in eight months, historically signaling potential buying zones.
Bitcoin Drops to 6-Month Low Amid Mixed Signals
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