Heavy accumulation protects the Bitcoin line from further decline
After failing to garner enough purchasing volume to generate a significant bounce, Bitcoin has been hovering around its ascending support.
After failing to garner enough purchasing volume to generate a significant bounce, Bitcoin has been hovering around its ascending support.
On the Bitstamp exchange, the price of Bitcoin fell to $38,547 at 5:05 a.m. UTC, its lowest level since March.
Following a late burst above Wednesday’s crucial resistance mark of $41,500, Bitcoin fell to an intraday low of $39,714.69 on.
With a bear market dominating the market, the community is getting concerned about a crypto crash. Bitcoin was trading at.
The principal cryptocurrency did not have a good start to April, falling from above $47,500 to a multi-day low of.
On Friday, the Bitcoin (BTC) network’s mining difficulty reached an all-time high of 28.587 trillion, just as miners helped release.
It all started a week ago, when BTC was on the verge of dropping below $40,000, but the currency quickly.
Anthony Scaramucci, the founder and managing partner of global alternative investment firm SkyBridge Capital, has urged investors against shorting Coinbase.
On the Bitstamp exchange, the price of Bitcoin (BTC) briefly spiked to $47,765 at 00:34 a.m. UTC, the highest level.
In terms of the US Dollar, Bitcoin is aiming for an upside break above the $43,000 barrier level. If there.
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