Articles for tag: Bitcoin recovery, cryptocurrency trends, Investment Strategy, market resistance, price support levels, Technical analysis, trading momentum

Market News

Bitcoin Supply in Profit Declines: 4.4 Million BTC Now Held at a Loss Amid Price Correction Insights

Bitcoin is facing a significant correction, dropping to its lowest point since early November 2024. This decline has alarmed investors, raising fears of a possible bear Market and shaking the previously optimistic outlook for Bitcoin and altcoins. Currently trading around $80,190, Bitcoin has lost over 18% of its value recently, with many traders now holding ...

Market News

Tom Lee Predicts Bitcoin Could Reach $200K-$250K by Year-End 2023: Insights from Fundstrat’s Chief Analyst

Bitcoin continues to experience price volatility, recently fluctuating between $90,000 and $100,000, stirring mixed emotions among investors. After a drop below $90,000 on Monday, the cryptocurrency rebounded to above $96,500 on Tuesday, marking an 8% increase. Tom Lee, a prominent Bitcoin bull and head of research at Fundstrat, views the current decline as a normal ...

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