Bitcoin Rising: Next Most “Hated” Range Will Be Between $75,000 And $95,000
Submitted by Anonymous (not verified) on Sat, 07/27/2024 - 06:40After concerns early this week, Bitcoin has rebounded sharply at spot rates.
After concerns early this week, Bitcoin has rebounded sharply at spot rates.
Bitcoin is bearish at press time, fading last week’s strong gains.
Bitcoin is within a bullish formation following gains from last week after spring, as seen on July 15 when prices broke above the 20-day moving ave
Bitcoin is firm when writing, floating higher and above $60,000.
Bitcoin is stable when writing, in an uptrend, and technically around all-time highs, looking at how prices have evolved over the past five years.
Bitcoin defies gravity and is surprisingly resilient against a wave of selling pressure from the Mt. Gox distribution.
After six shaky weeks, starting in June, when Bitcoin plunged by over 15%, the coin is returning.
Bitcoin is rising, trading firmly above the psychological round number at $60,000, looking at the formation in the daily chart.
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