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Bitcoin Price Holds Firm: Key Support Maintained Amid Market Uncertainty
Bitcoin price is holding the key support at $60,000. BTC could start another increase and rise toward the range resistance at $63,500. Bitcoin is still trading in a range between $60,000 and $63,500. The price is trading above $61,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend…
Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals
A quant has explained how there appears to be a relationship between Coinbase’s spot volume dominance vs. Binance’s and the Bitcoin price. Bitcoin Has Been Reacting To Binance/Coinbase Volume Changes In a CryptoQuant Quicktake post, an analyst discussed the dynamics in the cryptocurrency market that arise out of the battle happening between Binance and Coinbase…
Market Expert Says Bitcoin Price Has Officially Left The Danger Zone, Can Price Strike $100,000?
Crypto analyst Rekt Capital recently suggested that the worst might be over for Bitcoin. If so, the flagship crypto may be primed for a move to the upside, rising to as high as $100,000, which some other crypto analysts have predicted would be the case. Bitcoin Is Out Of The “Danger Zone” Rekt Capital mentioned…
Here’s Why Bitcoin (BTC) May Cross $70K Soon: Analysts
TL;DR Bitcoin’s value fell to $61,500 due to issues at Coinbase but analysts predict a rally above $70,000 soon. Positive market indicators and exchange trends suggest reduced selling pressure, hinting at a potential price increase for the asset. Is it Time for a New BTC Rally? Despite the surge above $63,000 on May 13, Bitcoin’s…
CPI Preview: Bitcoin Price Poised To Surge If Projections Hold True
The US Consumer Price Index (CPI) data, set to be released tomorrow, May 15 (Wednesday), at 8:30 am ET, is anticipated to be a potentially significant catalyst for the Bitcoin price. This expectation stems particularly from Bitcoin’s recent trend of responding to macroeconomic news, indicating a heightened sensitivity to such data in influencing its market…
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