Bitcoin gives traders opposing views on BTC price strength into the monthly close.
Bitcoin may have retraced from its local highs above $28,000, but bears have not yet sparked a full retrace of the move.
For some, this is increasingly positive news, as BTC/USD is now successfully holding a long-term trend line lost as support earlier in August.Some hourly candles closing below into Aug. 31 were not enough to spark a more significant breakdown, and Bitcoin is tightly hugging the 200-day EMA into the August monthly close.“A lot of people are waiting for a better entry, but I don't think it's going to happen.
“This is exactly what I want to see after an impulse. Spike up, shallow retrace, hold at key HTF level. Send it higher,” he
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Beyond Bitcoin ETF: Inside BlackRock Bitcoin (BTC) Mining StrategyBlackRock, one of largest investing conglomerates in world, expands its presence in Bitcoin (BTC) mining segment
Leer más »
GBTC Bitcoin 'discount' may be gone by 2024 as share price gains 17%Bitcoin investment vehicle GBTC may rid itself of its discount to BTC price next year.
Leer más »
Bitcoin analysts doubt BTC price rally as $23K target gains popularityBitcoin analysts stay cool on BTC price outlook as GBTC gains begin to disappear.
Leer más »
Bitcoin metric with ‘100% long hit rate’ predicts $23K BTC price floorCan Bitcoin avoid further BTC price downside? $23,000 has major significance, new analysis says.
Leer más »
BTC price jumps to 2-week highs on Grayscale vs. SEC Bitcoin ETF winBitcoin ETF news sends BTC price to near $28,000, with Grayscale to review its stance versus the SEC.
Leer más »
BTC hard fork tokens bank on Bitcoin price breaching $27,500, rallying nearly 20%Bitcoin price made a splash over the past 24 hours and inflicted a bullish impact on the rest of the market as well. While altcoins were expected to f
Leer más »