Wednesday

Bitcoin

The leading cryptocurrency Bitcoin rose above $ 38,000 with its rise today, but this was not permanent. 
At this point, while BTC has fallen back to $ 37,780, the upward expectation for Bitcoin continues. 
Speaking to Coindesk, FxPro's senior market analyst Alex Kuptsikevich was also one of those who expected an increase in BTC. 
Stating that at this point, Bitcoin may be producing energy for the next rise, Alex Kuptsikevich said that BTC has been in the consolidation process for about three weeks, that this process lasted shorter than expected, that the withdrawals are limited and that these are a sign of “dip buying” demand. 
<blockquote> 
 “Bitcoin recovered in an ascending channel, reaching a three-week high of $37.8K on Wednesday evening. 
 Intensifying selling is thwarting attempts to raise the price, but pullbacks have become more limited in the past three weeks. 
 This shows that Bitcoin may be generating energy for the next rise, and the uptrend is increasing.” 
</blockquote> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/is-the-consolidation-phase-over-in-bitcoin-analyst-expects-explosion/">Is the Consolidation Phase Over in Bitcoin? Analyst Expects Explosion!</a>

Is the Consolidation Phase Over in Bitcoin? Analyst Expects Explosion!

Bitcoin Sistemi EN

2023년 11월 24일에 게재된 다른 기사

WuBlockchain Weekly: Binance Reaches Major Settlement, Largest-Ever USDT Freeze, Over $100 Millio...

Thieves pose as police to rob wealthy crypto investors in home invasion

Do Kwon granted extradition, but to US or South Korea?

HAPI Protocol (HAPI) Price Prediction 2024, 2025, 2030, 2040, and 2050

Spot Bitcoin ETF Approvals Will Trigger $70 Billion In New Demand For Bitcoin And May Boost Its P...

GBTC Shares Sales Grew Since the Beginning of 2023: JPMorgan

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!