Bitcoin Sees Slow Bleed as Distribution-Driven Selling Pressure Intensifies: Bitfinex
May’s performance suggested that internal market dynamics were the major driver of weakness, rather than macro conditions. Similar to previous bear markets, bitcoin (BTC) is now on track to experience a slow bleed regime. As analysts explained in the latest Bitfinex Alpha report, this seasonal pattern is further aggravated by weakening demand from spot and...
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