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Why Is Bitcoin Price Stuck Below $85,000?
Bitcoin's daily moving averages remain bullish, while the four hour MACD and Chaikin Money Flow indicate that momentum maybe improving after the recent decline.
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Cryptocurrency News | Cryptocurrency Prices | Market CapWhy is Bitcoin price stuck below $85,000?
Bitcoin's daily moving averages remain bullish, while the four hour MACD and Chaikin Money Flow indicate that momentum maybe improving after the recent decline.
Cryptocurrency analytics company Glassnode, in its new report evaluating the current state of the Bitcoin (BTC) market, explained the key factors behind last week's decline. According to the company, futures investors and spot Bitcoin ETF investors led the selling pressure, while on-chain data shows that new capital continues to flow into the market. According to Glassnode's report, Bitcoin fell last week to its lowest level in three weeks since…
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Total News Sources4
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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