The $30,000, being an important psychological area, could prove to make or mar Bitcoin in its quest for a continuous movement upwards.Bitcoin’s
In spite of the fact that 73% of Bitcoin holders were now in profit, the blockchain insight platform noted that the resistance may occur because of the over 1.4 million addresses that At the same time, 73% of Bitcoin addresses are currently in profit. This level has proven to be a significant…One reason why this region was also important was due to the historical demand BTC had at this level. For instance, institutional investors like Michael Saylor’s Microstrategy, and Elon Musk’sIt was also the same case with a number of retail participants. Therefore, it is likely that some market players might try to break even at these points.
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