Bitcoin moves sideways amid macro instability, note cites holder accumulation
Bitcoin has been moving sideways for more than a week. XS.com's Simon-Peter Massabni says steady accumulation from big holders offsets escalating macroeconomic friction.
11:31 ET--Bitcoin has been moving sideways for more than a week as steady accumulation from big holders offsets escalating macroeconomic friction, XS.com's Simon-Peter Massabni says in a note.
Bitcoin's biggest holders have been adding to their positions, the analyst says.
But renewed conflicts in…