Litecoin was at a crossroads amidst steady demand and BTC fluctuations. Will bulls reclaim their market edge?
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The RSI retraced and slightly dipped below the 50-mark, denoting a significant buying pressure decline. However, OBV has been making new higher highs since March; denoting demand remained steady ahead of LTC halving in August 2023.
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Miners sell Bitcoin amid the price rise as institutional adoption 2.0 beginsMiners have sent over $1 billion worth of BTC to exchanges since the BlackRock ETF filing while MicroStrategy has added another 12,333 BTC to its balance sheet.
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