Bitcoin has notched its fourth consecutive weekly loss, marking its longest downtrend since June 2024, even as it begins clawing back last week’s losses.
Price action for the world’s largest digital ****** et is on track for its fourth-quarter performance to be its worst since 2018, with a current loss of 24.43%.
“I expect a rough ride into Christmas,” Sean Dawson, head of research at options ****** ytics platform Derive, told Decrypt.
Despite the gloom, one on-chain metric suggests underlying demand.
The aggregate spot bid-ask delta at 10% depth has spiked to the second-highest level in 2
Price action for the world’s largest digital ****** et is on track for its fourth-quarter performance to be its worst since 2018, with a current loss of 24.43%.
“I expect a rough ride into Christmas,” Sean Dawson, head of research at options ****** ytics platform Derive, told Decrypt.
Despite the gloom, one on-chain metric suggests underlying demand.
The aggregate spot bid-ask delta at 10% depth has spiked to the second-highest level in 2
28 days ago
