Will Bitcoin enter a bull market? $64K resistance holds the answer!

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Bitcoin [BTC] has been on a rising trend, and the king coin was approaching a crucial resistance, which could be a game changer.

has been on a rising trend, and the king coin was approaching a crucial resistance. The latest analysis revealed that it is imperative for the coin to go above that level in order to enter an actual bull market.After a week of increase, BTC faced a slight correction. To be precise, BTC’s price increased by over 5% in the last seven days. But in the last 24 hours, the king coin’s price dropped marginally.revealing an interesting development.

Therefore, AMBCrypto planned to have a closer look at the coin’s state to see how likely it is for BTC to turn this resistance into its new support.As per our analysis of CryptoQuant’s data, selling pressure on BTC was rising. For instance, BTC’s exchange reserve was rising. The coin’s net deposit on exchanges was also high compared to the last seven day average.

Moreover, the Chaikin Money Flow also supported the bulls as it moved up, hinting at a breakout above the resistance.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 22. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Bitcoin approaches $64k, stocks and gold surge on Powell’s dovish commentsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »