Bitcoin hit $90,000, but holding it is proving to be a challenge. Godleak explains why. Bitcoin price is trying to punch through the $90,000 level but encountering some pushback. Let’s briefly explore why. On the BTC/USDT 1-hour chart, one can observe a block of sell orders at $90,000. As BTC price runs into these asks, the selling…
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Bitcoin bulls remain confident despite BTC price hitting its lowest levels since March 6 in a brutal weekend sell-off. Bitcoin lurched toward $60,000 on March 17 as selling persisted through the weekend. “Constant spot selling” pressures BTC price action Data from Cointelegraph Markets Pro and TradingView showed new BTC price lows of $64,522 on Bitstamp. After hitting new all-time highs during the…
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The cost of Bitcoin BTC expanded by 11% in the eight days following Jan. 23 subsequent to skipping off the $38,500 support. The development astonished numerous financial backers, including Arthur Hayes, prime supporter of the BitMEX trade. Hayes anticipated that risk assets, such as Bitcoin, would fall as a result of the increased risks of…
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