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Whales dump $1.2B in BTC: Is a drop to $60K next?


Over the past few days, a significant number of large holders and whales have sold approximately $1.2 billion in Bitcoin, which has had an impact on the market. This sell-off is occurring at a time when the cryptocurrency industry is facing negative sentiment among numerous investors as a result...

Bitcoin encounters $60k resistance amid market uncertainty


Bitcoin’s consolidation phase is not a new phenomenon. If anything, it is giving the market a sense of stability amid the rising uncertainty. A movement within the confined zone is helping traders and investors decide when to withdraw or invest. The same phenomenon has also established a resistance...

Roadblock to Riches: Bitcoin Price Stagnates at $60K Mark


The Bitcoin price faces a critical juncture, hovering below the $60,000 resistance level. Technical indicators like the 100-day moving average and the short-term holder realized price suggest challenges for upward momentum. The post Roadblock to Riches: Bitcoin Price Stagnates at $60K Mark appeared...

Bitcoin dives below $60k: Is it time to buy the dip?


Bitcoin is below the average purchase price for short-term holders. At the time of writing this article, BTC was rallying at $57,855.89. While there has been a slight 0.71% increase in the last 24 hours, analysts speculate that more selling pressure and a higher fall are on the way. The price...

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