Bitcoin whale clusters show the $10,407 level has turned into a strong support area, raising the chance of a renewed bullish uptrend.
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Bitcoin whale clusters show the $10,407 level has turned into a strong support area, raising the chance of a renewed bullish uptrend.
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Cryptocurrency ETP volumes continue to drop as long-term investors look for safer options during Bitcoin’s dry spell.
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A long-term downtrend flips to form bullish support as Willy Woo says Bitcoin’s days of tracking traditional markets are numbered.
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Bitcoin price still has a CME futures gap unfilled at $9,600 but that doesn’t mean $11K won’t be reclaimed soon.
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The Bitcoin (BTC) price faces numerous heavy resistance levels in the near term, whale clusters from Whalemap show.
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$9,000 would be the ideal “buy the dip” opportunity, says Vays, with $7,000 soon to form Bitcoin’s untested 200-week moving average.
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Bears lurk as Bitcoin price is down and $284M in CME BTC options are set to expire on Friday.
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Leading DeFi token Uniswap has seen massive losses recently following in the footsteps of CRV and SUSHI.
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Rising by $200 each month, the 200-week moving average has formed an implied BTC price floor since Bitcoin first appeared in 2009.
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Retail traders were rattled by Bitcoin’s $900 drop but BTC options data remains bullish ahead of Friday’s expiry.
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