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Bitcoin Value Nonetheless At Threat of Main Draw back Break Beneath $60Okay
Bitcoin price is showing bearish signs below the $63,000 resistance zone. BTC must stay above the $60,000 support zone to avoid a major decline. Bitcoin is still struggling to start a recovery wave above the $63,000 resistance zone. The price is trading below $62,800 and the 100 hourly Simple moving average. There was a break…
Bitcoin Miners At all times Promote Into Halvings, Is This Time Any Completely different?
On-chain data shows Bitcoin miners have always sold as Halvings have occurred. With the next one just around the corner, how are miners behaving this time? Next Bitcoin Halving Is Less Than Two Days Away Now In a CryptoQuant Quicktake post, an analyst discussed Bitcoin miners’ behavior in the build-up to the next Halving. The…
Bitcoin: Count on The Sudden – Analyst Sees Unconventional Bull Run Publish-Halving
Bitcoin has been moving lower ahead of the Halving event, going against analysts’ expectations. This price action has been unexpected and shows how the coin tends to go against predictions, basically charting its path. Bitcoin Breaking The Mold In light of Bitcoin’s randomness, especially in the past few months following the approval of spot exchange-traded…
Hong Kong – Spot Bitcoin ETFs Permitted
Hong Kong regulators have granted approval for the launch of spot Bitcoin and spot Ether ETFs, with funds from ChinaAMC, Harvest Global, and Bosera International receiving the green light from the Securities and Futures Commission. While this development is viewed as bullish, predictions of massive inflows, reaching up to US$25 billion (A$38.8 billion), appear unlikely.…
Chainlink (LINK) Varieties Bullish Sample That Led To 50% Rally On Common
On-chain data shows that a Chainlink indicator is currently forming a pattern that has led to an average 50% increase for LINK in the past. Chainlink 30-Day MVRV Ratio Has Plunged In a new post on X, analyst Ali discussed the latest trend in Chainlink’s 30-day MVRV ratio. The “Market Value to Realized Value (MVRV)…