$BTC $BTC The Decline of Bitcoin Is Predicted to Be Short-Lived Due to the TWAP Strategy
According to BlockBeats, a partner of Placeholder, Chris Burniske shared on social media that the recent decline of Bitcoin is unlikely to last long. He believes this is due to traders adopting the TWAP strategy, which involves large-scale buying over a certain period to support the price. Those who use TWAP, as they are called, employ a time-weighted average price method to execute large transactions, thereby providing stability to the prices.