Bitcoin

<ul><li>Bitcoin nears the key $38,000 level, a crucial support/resistance point, impacting future price trajectory.</li><li>The Short-Term Holder realized price at $37,800 adds significance to this level, making it a focal point for market watchers.</li><li>The near-term direction of Bitcoin is uncertain, influenced by macroeconomic factors and the inherent market volatility.</li></ul>As Bitcoin hovers around <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">$39,991.34</a>, market watchers closely observe its approach to a crucial support level. As highlighted by Crypto Tony, a renowned blockchain figure, the $38,000 mark, previously a significant resistance and support point, is now under scrutiny.In 2023, this level played a pivotal role in Bitcoin&#39;s price movements. According to CryptoQuant, an analytic platform, it provided substantial support in March and June while acting as a formidable resistance in April, November of 2022, and October of 2023. Currently, the Short-Term Holder (STH) realized price is pegged at $37,800, enhancing the significance of this zone.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ef2bdac429a546e5b67c6793eb542e18.png" />Read full article at <a href="https://cryptotale.org/bitcoins-fate-hangs-in-the-balance-will-it-hold-at-38000/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Bitcoin's Fate Hangs in the Balance: Will it Hold at $38,000?

CryptoTale

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