Bitcoin’s reaction to US GDP figures is overblown as data shows BTC selling over the past few days ramping up near the $95,000 level as short-term traders take profit.
Key Takeaways:
US GDP shrank -0.3% in Q1, far below +0.3% forecasts, sparking recession fears.
Bitcoin faces selling pressure with its spot volume delta dropping $300 million in 3 days.
