Will Bitcoin crash to $34k? Here’s what the data suggests H | Crypto Push

Will Bitcoin crash to $34k? Here’s what the data suggests

How Bitcoin plummeted under $43,000
AMBCrypto had earlier reported how the price of the king coin had plummeted a few days after the ETF approval. To be precise, BTC went down by over 7% within a 24-hour timeframe.

Are investors buying BTC?
To check the larger market trend, AMBCrypto took a look at Bitcoin’s metrics. Our analysis of CryptoQuant’s data revealed that BTC’s exchange reserve was increasing, meaning the selling pressure was high at press time.