Bitcoin continues to trade near $28,000, signaling a strong demand from investors even as the legacy banking system struggles with unprecedented volatility.
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Bitcoin continues to trade near $28,000, signaling a strong demand from investors even as the legacy banking system struggles with unprecedented volatility.
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Bitcoin has risen above $25,000 and if bulls flip this level into support during the next pullback, it will signal the start of a new up-move to $32,000.
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Credit Suisse has pulled the U.S. equities markets lower, but a positive sign is that Bitcoin and select altcoins are holding near their local highs.
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The banking crisis in the U.S. has led to aggressive buying in Bitcoin and select altcoins, which are nearing stiff overhead resistance levels.
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The February U.S. jobs report was a mixed bag, which seems to have provoked interest from a few bulls in BTC and altcoins.
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The strength in the U.S. dollar suggests that the risky assets may remain under pressure in the near term, but Bitcoin and select are showing signs of resilience.
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