The Bitcoin chart flashed a crucial buy signal for investors, but BTC still faces significant resistance at the $68,500 mark.
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Bitcoin Supply Drop Signals Upbeat Price Movement, Analyst Says
After its latest halving event, Bitcoin sent a positive signal throughout the crypto market. Historically, this big drop in supply has been connected to notable
Read moreVanEck says Bitcoin could hit $2.9 million per coin by 2050
Bitcoin layer 2s could be collectively worth around $7.6 trillion, the report added.
Read morePrice analysis 7/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin bulls are trying to protect the $65,500 level, but if they fail, a drop to $62,000 is possible.
Read morePrice analysis 7/22: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Digital investment products are witnessing solid buying, but it may take a stronger trigger to propel Bitcoin to a new all-time high.
Read moreBitcoin price advance toward $68K sets a bullish path for SOL, ICP, GRT and BONK
Solid inflows into spot Bitcoin ETFs reflect investors’ bullish sentiment, and this could push SOL, ICP, GRT and BONK.
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