Bitcoin is holding above $41,000 on Tuesday, after it fell to as low as $38,531, a more than one-month low, on Monday.
Bitcoin is holding above $41,000 on Tuesday, after it fell to as low as $38,577, a more than one-month low, on Monday.
Bitcoin is set to see a “significant... Bitcoin is holding above $41,000 on Tuesday, after it fell to as low as $38,577, a more than one-month low, on Monday. Bitcoin is set to see a “significant bounce” from the technical perspective, as it forms a “bullish divergence” while exiting the oversold region, Marcus Sotiriou, analyst at UK-based digital asset broker GlobalBlock wrote in Tuesday notes.
The seven-day moving average of the number of addresses sending bitcoin to and receiving bitcoin from exchanges remains low, close to bear market levels, Jan Wüstenfeld, analyst at Quantum Economics, wrote in Tuesday notes.
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