Aave and Chainlink hit new highs as Bitcoin worth battled $ 32,000

Aave and Chainlink hit new highs as Bitcoin price battled $ 32,000

(BTC) Price opened the weekend in the range of $ 33,500 to $ 32,000, but at the time of writing the digital asset is struggling to hold above $ 32,000.

Some analysts have warned that the recent drop in momentum signals “institutional exhaustion“As the selling pressure from Asia has increased since January 19th.

4 hour chart. Source: TradingViewBitcoin adapted SOPR. Source: Glass knotMonthly DEX volume by project. Source: Dune Analytics

Read on on Coin Telegraph

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