: the short-term holder cost basis at $26,300, the adjusted realized price at $25,300 and the 200-weekly moving average at $26,400. Glassnode adds that sustained duration above these levels would continue to be a constructive signal regarding the prevailing trend.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as SEC Sues Binance – Market Updates Bitcoin NewsBitcoin plunged to its lowest point in over two months, as markets continue to react to the SEC versus Binance lawsuit.
Source: BTCTN - 🏆 531. / 51 Read more »
Bitcoin traders bet on $24K BTC price as market digests SEC vs. BinanceBitcoin reels from fresh Binance drama with BTC price now due even lower levels, traders say. Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it steadied after dropping to near three-month lows. The weakness came from a knee-jerk market reaction to the news that the SECGov was suing binance and its CEO, cz_binance.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Bitcoin OG keeps faith in bull market as BTC price bounces 8%Bitcoin wipes out most traces of its Binance and Coinbase losses with BTC price near $27,000. “Time to start the new uptrend to $38-42K on Bitcoin,” Michaël van de Poppe, founder and CEO of trading firm Eight, responded. Van de Poppe referenced the 200-week moving average (MA), an important support level which, at $26,400, was only lost for a few hours.
Source: Cointelegraph - 🏆 562. / 51 Read more »
XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome – Market Updates Bitcoin NewsIn the last week alone, XRP has surged over 10%, and year-to-date, this digital currency has increased by 35% against the U.S. dollar.
Source: BTCTN - 🏆 531. / 51 Read more »