Bitcoin sets the stage for growth

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New Web Hosting Pioneer Emerges, Offering Affordable Hosting Solutions Coupled with…The crypto market capitalisation fell to $2.63 trillion. – the bottom of the range for the week. The top coins have moved without momentum over the past 24 hours, with losses for BTC , Ethereum and BNB , but gains for Solana , Dogecoin and Toncoin .

We still see the dips to just below $69K as a post-growth consolidation – an important stage before a new advance. However, we have already seen several false starts, so it is better to wait for confirmation that Bitcoin has completed the consolidation. In our case, it’s the ability to grow above $71.5K.

According to Santiment, crypto whales bought 100,000 BTC last week for a total of over $7 billion. According to GoinGlass, open interest in bitcoin futures reached a record $38 billion. The figure rose by $12 billion over the month.

 

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