Bitcoin bears have tried 3 times so far and failed in all of them.
A writer for on-chain analytics platform CryptoQuant previously reported that the bearish group investing in Bitcoin He tried 3 times and failed all three times. they became. Aforementioned 3 attempts took place at the following times:
- TSI 26 February 22.00
- 28 February 11.00 CET
- 4 March 11.00 CET
According to the author, these attempts of the bears failed fear And to anxiety caused. It was stated that what caused the bears to be disappointed was the demand from US institutional investors.
Stating that the Coinbase premium has reached its highest level since September last year, the analyst said that US institutional investors FOMO He said what he felt. CryptoQuant The author also American corporates are at the forefront buy bitcoin He said that they were striving for it and that there was no reason to fear correction.
According to CoinGecko data, Bitcoin, at the time of writing from $66,500 is being traded.