Bitcoin shows early signs of easing selling pressure
Bitcoin is up 4.45% over the past 30 days.
The trend indicators are bearish, but some technical signs suggest selling pressure is easing.
Onchain demand has deteriorated, contributing to the fourth-quarter downturn.
Long-range forecasts predict Bitcoin could reach $1 million by 2030, but this is uncertain and dependent on various factors, including money printing, with a recent $85M net outflow and $2.7B sell-off