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How Will These Fundamental Factors Influence Bitcoin’s Future Price Surge?
Today the world’s first cryptocurrency, Bitcoin opened the market on a bullish note. Bitcoin price has reclaimed its $23,000 price levels after facing a downfall for the last couple of days. Now, though the flagship currency is hovering just above its $23,000 range, the currency is still much behind before it revisits its all-time high of $67,000 hit during November 2021. However, the King currency still appears good to go if three of its important fundamental factors successfully influence the currency. The three fundamental factors are inflation, halving and adoption. Bitcoin, The Strongest In Volatility Most of the financial experts […]
Will These Tokens Hold Support?
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These Are the Key Levels to Watch As BTC Broke Below $40K (Bitcoin Price Analysis)
Bitcoin’s price has been rejected from the 200-day moving average and is currently experiencing a sharp downtrend. The Daily Timeframe Technical Analysis By: Edris The 50-day and 100-day moving average lines printed a bullish crossover last week. However, instead of holding the price, BTC broke to the downside. These moving averages have also acted as resistance and pushed the price further down over the past week. BTC is currently heading towards the $36K support level, which has held the price multiple times. However, if the price breaks below it, followed by strong momentum and volume, the $30K demand zone would […]