Tag Archives: Bitcoin Price action

Bitcoin Whales ‘Grew Substantially’ During Last Dip, Data Shows Large-Holder Accumulation

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Bitcoin nearly reached $69,000 yesterday, setting a new local high and further solidifying the ongoing uptrend that began in September. This price action has fueled optimism among analysts and investors, who now anticipate significant gains in the coming weeks.  Investors believe Bitcoin is ready for a strong rally after seven months of sideways accumulation. Critical… Continue reading Bitcoin Whales ‘Grew Substantially’ During Last Dip, Data Shows Large-Holder Accumulation→

Hard To Be “Too Scared Of Bitcoin Price Action,” Says Analyst. Here’s Why

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Bitcoin has been having a bad time recently, but this analyst isn’t too worried about it, based on the recent trend in an on-chain indicator. Bitcoin Unrealized Loss Has Been At Low Levels Recently In a new post on X, on-chain analyst Checkmate talked about how the latest price action of the cryptocurrency isn’t too… Continue reading Hard To Be “Too Scared Of Bitcoin Price Action,” Says Analyst. Here’s Why→

Bitcoin Price Surges Towards $61,000, Eyeing Potential Breakout To $67-$68k Range

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Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a notable resurgence in its bullish momentum, with the Bitcoin price reclaiming the crucial $61,000 threshold.  This recovery follows a week-long downtrend that led to a 20% drop to $56,000 on Wednesday. As the bullish momentum returns, the possibility of further testing upper resistance levels… Continue reading Bitcoin Price Surges Towards $61,000, Eyeing Potential Breakout To $67-$68k Range→