Coin Edition -
- Santiment revealed that on-chain metrics are bullish for Bitcoin (BTC).
- They also predicted that the market may not undergo a correction in the short term.
- Meanwhile, a bearish medium-term pattern formed on BTC’s chart, suggesting BTC may be at risk of dropping to $31,400.
Santiment, the blockchain intelligence platform, revealed in an X post yesterday that the cryptocurrency market may not undergo a correction soon. This follows the recent market revival, which saw Bitcoin (BTC) and several other cryptocurrencies record dramatic increases in their respective values.