Bitcoin(BTC )continues to trade under pressure a day after its month and quarterly expiry! At press time, Bitcoin is more than 8% down and moving under$31,000.
This has likewise pulled down the total cryptocurrency market by 7%to now at$ 1.26 trillion. With Bitcoin dealing with a continuous downward pressure in the last 10 days, the variety of build-up addresses is on the rise. The BTC cost and the accumulation addresses are revealing opposite moves as we can see in the below chart from Glassnode.