(BTCAlthough ), is trying to prolong its recovery by increasing above the psychological threshold of $50,000, several prominent analysts think that BTC may remain range boundYou can do this for several weeks, even months.

On-chain analytics firm CryptoQuant said that Bitcoin “Whales still deposit BTC in exchanges.” This simply indicates that whales are setting themselves up to react at short notice depending on which path the price elects to take.