News Formal

BTC price bounces at support that fueled 2023 bull market

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Bitcoin sees support from a familiar trendline during the latest BTC price relief bounce.

Bitcoin realized price support makes a fresh appearance to continue a classic bull market trend — can BTC price strength escape a historically short correction? on April 18, Julio Moreno, head of research at on-chain analytics platform CryptoQuant, flagged a possible turning point in Bitcoin price downside.According to CryptoQuant data, traders have returned to breakeven point on exchange holdings at $60,000.

An accompanying chart showed profit/loss for short-term holders — Bitcoin entities owning BTC for 155 days or less.“Traders' realized price has acted as support for prices during a bull market and it's now at ~$60K.”So far, only one brief dip below the $60,000 has been encountered since BTC/USD began retracing from new all-time highs in March.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 562. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Crypto market begins recovery as Runes gain attention ahead of Bitcoin halvingBitcoin's (BTC) price recovery sparked a price increase across the crypto market on Monday.
स्रोत: FXStreetNews - 🏆 14. / 72 और पढो »