Recently, analyst Franzen has closely examined Bitcoin's price action, particularly focusing on its 200-day moving average (MA), a key long-term indicator that has played a significant role in evaluating market trends since late 2022.
Read MoreRecently, analyst Franzen has closely examined Bitcoin's price action, particularly focusing on its 200-day moving average (MA), a key long-term indicator that has played a significant role in evaluating market trends since late 2022.
Read MoreFollowing a dramatic downturn in the cryptocurrency market on Monday, August 5, Bitcoin is beginning to recover, with its price climbing above $55,589—a 12.2% increase from its lowest point just a day prior.
Read MoreRecent data from IntoTheBlock reveals a promising trend for Bitcoin as the cryptocurrency network experiences a notable increase in daily new addresses. This uptick marks a significant reversal from earlier in the year when adoption levels had dipped to multi-year lows.
Read MoreIn recent trading sessions, Bitcoin's price has experienced a noticeable pullback, raising questions among investors and analysts about whether the bulls will regain control or if the selling pressure will persist.
Read MoreIn a remarkable turn of events for the cryptocurrency world, Bitcoin's hashrate has reached an all-time high, signaling both heightened network security and renewed investor confidence.
Read MoreBitcoin's price has surged past the $67,000 mark, a significant psychological level, while the network's hashrate is closing in on its all-time high. T
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