Bitcоin

Bitcoin Price Analysis: Whale Accumulation Near Pre-FTX Levels Sets BTC Rally to $74K

19.05.2024

Bitcoin Price Analysis: The weekend price action for Bitcoin remained relatively stable demonstrated by neutral candle formation in the daily chart. The overhead supply at $67500 has triggered a modest intraday drop of 0.18% pushing the BTC value to $66807. However, a short downtick or consolidation is expected after a week-long recovery to stabilize the bullish momentum. Is a rally to $70000 possible for next week?

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19.05.2024
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