Bitcoin bulls are closing in on ask liquidity, which, if taken, would overcome key resistance and unlock BTC price discovery., a bid wall of around $35 million on Binance was taken into the daily close, with the bulk of ask liquidity now sitting between $67,000 and $67,500.
“Bitcoin's key whale tier holding 1K-10K $BTC are supporting this rise, and have now accumulated 266K more $BTC since the start of 2024,” Santiment wrote in “BTC is right smack in the middle 60/73k range and BTC front-end vols have trickled down closer to 60%,” it wrote.
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:
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.
Bitcoin Price Reclaims Territory Above $67K as Banks Reach Out to BTC Miners DirectlyBitcoin price spent the better part of this week in uncharted territory and devoid of upward momentum as it tested the 200-day Exponential Moving Average (EMA). Pendle Finance's total value locked (TVL) skyrocketed to $3.97 billion on Thursday following significant increases in the protocol's fees and trading volume. Ethereum sustained its consolidating movement for the second day on Thursday, trading above $3,300 after crashing earlier in the week.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Bitcoin reclaims territory above $67K as banks reach out to BTC miners directlyBitcoin (BTC) price spent the better part of this week in uncharted territory and devoid of upward momentum as it tested the 200-day Exponential Moving Average (EMA).
Source: FXStreetNews - 🏆 14. / 72 Read more »
Bitcoin unable to tag $67K despite Hong Kong BTC and ETH spot ETF approvalsBitcoin (BTC) price showed a bit of strength during the early hours of the Asian session.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund SaysKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »