Bitcoin downward pressure ‘abated’ as sell-side markets shrink
![Bitcoin downward pressure ‘abated’ as sell-side markets shrink Bitcoin downward pressure ‘abated’ as sell-side markets shrink](https://i1.wp.com/images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NDQzMTgtNmMzOS03NDVkLWFmNTctM2Y2NGEwYzFmODJk.jpg?w=1200&resize=1200,0&ssl=1)
Source: Coin Tegraph
Bitcoin’s price may not experience significant downward movement in the short term, as sell-offs on crypto exchanges are “shrinking at a rapid pace,” Bitfinex analysts say.