Bitcoin analysis hopes that BTC price strength will relish a spike in global liquidity.
BTC/USD 1-hour chart. Source: TradingViewDespite an overall failure to tackle key resistance levels above $64,000, Bitcoin traders had renewed cause for optimism as July got underway.“The goal? To build a foundation from which it will be able to springboard to the Range High area at ~$71500 over time,” he“We just saw a big decrease into a nice move up during this end of the quarter into the new quarter.
“Last time that happened, bitcoin rose ~40% in one week. Not assuming a repeat, but you love to see it.”were constricting to levels only seen a handful of times in Bitcoin’s history — a classic precursor to major breakouts.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bitcoin Price Analysis: Is the BTC Correction Over Following Latest Move to $63K?Crypto Blog
Lire la suite »
Bitcoin falls below $63K after BTC whale transactions drop 42%Bitcoin’s price has fallen below $63,000, while whales have been refraining from making any significant moves.
Lire la suite »
Over 40% of Bitcoin (BTC) Supply Now Held by This Group of Whale AddressesCrypto Blog
Lire la suite »
Bitcoin ETF inflows highest in a month as Bitcoin hovers near $63KBitcoin ETFs in the US see significant inflows, reaching $129.45 million, as BTC hovers near $63K. Fidelity leads the surge with 1030 BTC worth $65 million. July is historically bullish for Bitcoin.
Lire la suite »
Michael Saylor Reacts as Bitcoin (BTC) Breaks Above $71,000Vocal Bitcoin proponent Saylor makes BTC prediction as Bitcoin surpasses $71,000 price mark
Lire la suite »
Bitcoin miner sell pressure 'weakening' as BTC withdrawals drop 85%Bitcoin miners cool BTC withdrawals in June in what analysis says is 'weakening' Bitcoin sell pressure.
Lire la suite »