Bitcoin price out of danger? Analysts warn of further BTC inflows on exchanges

Photo by Executium on Unsplash

The Bitcoin price has been put through the wringer in terms of its uptrend amid a sea of liquidations over the past 24 hours. More than a few are reminded of a possible peak like the one in early 2018, but is the fear justified?

If one considers that an enormous number of traders have sent their Bitcoin (BTC) to exchanges, the…