Bitcoin's Decline Expected to Be Short-Lived Due to TWAP Strategy

According to BlockBeats, Placeholder partner Chris Burniske shared on social media that Bitcoin's recent decline is unlikely to persist for long. He attributed this to traders employing the TWAP strategy, which involves large-scale purchases over a set period to support the price. TWAPpers, as they are known, use the time-weighted average price method to make substantial acquisitions, thereby providing price stability.