Bitcoin needs to reclaim these two levels to avoid another dip to $28K

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

The journey to a new all-time high begins with a single step. Two moving averages need to flip before we have a shot at seeing another Bitcoin ATH.

) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed, a new analysis suggests.two key targets BTC/USD must reclaim as support for bulls.Despite being up 13% in a week on Wednesday, Bitcoin is still far from November’s peak of $69,000.

Right in the middle of those two price points are two moving averages, and so far, Bitcoin has not won them back as support levels. In order to have another shot at beating the highs, he argues, this must become reality.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JPMorgan estimates ‘fair value’ of Bitcoin at $38KBitcoin’s current fair-value level is around $38,000 based on BTC being nearly four times as volatile as gold, JPMorgan analysts asserted. If this is the case well done to those that bought the dip or bought early btc is this a paid bearish publicity? bitcoin get hacked. 😂 not save
Source: Cointelegraph - 🏆 562. / 51 Read more »

Crypto Market Cap Reclaimed $2T: Bitcoin Reached 30-Day High Above $45K (Market Watch)In the past 24 hours, BTC topped $45K and corrected, while the entire market cap managed to reclaim the coveted $2 trillion level. 🔥Bnb Floki Inu🔥 💰💰💰💰💰💰💰💰💰💰 🛡 Contract Verified 🛡 Huge Marketing 🛡 Safu 🛡 Anti Rug 🛡 Kyc & Audit Telegram : bnbflokiinu
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin's Rally Faces Initial Resistance at $45K-$47K, Support Is at $40KBitcoin $BTC broke above its two month-long downtrend as short-term momentum improved. The next level of resistance is at $45K-$47K. Is that bullish right ? 😭 🔥Bnb Floki Inu🔥 💰💰💰💰💰💰💰💰💰💰 🛡 Contract Verified 🛡 Huge Marketing 🛡 Safu 🛡 Anti Rug 🛡 Kyc & Audit Telegram : bnbflokiinu
Source: CoinDesk - 🏆 291. / 63 Read more »

XRP Leads Gains in Major Cryptos, Bitcoin Holds Above $42KXRP led gains among major cryptocurrencies on Monday as bitcoin and ether extended their recoveries after last week's favorable jobs report. By shauryamalwa shauryamalwa mkjv__ any thoughts on selling some X on a push above $1 while the hypes back.. for further push down 👁 shauryamalwa 🤔
Source: CoinDesk - 🏆 291. / 63 Read more »

Digital Rupee? And Bitcoin at Two-Week Highs [ Crypto Espresso 02.07.22 ]For more information about crypto and today's stories, just Ask Alex: https://CoinMarketCap.com/Alexandria/🔵 CoinMarketCap Daily: • Bitcoin at Two-Week High... BabyBaliBSC WhaleStatsBSC UNQT UNQT UNQT UNQT UNQT UNQT UNQT UNQT UNQT UNQT UNQT UNQT BabyNFTartt bbnft babynftart Nftarts nftart NFT NFTs dogecoin shiba matic
Source: CoinMarketCap - 🏆 290. / 63 Read more »