![Will it or will it not? How well can Bitcoin [BTC] resist the selling pressure](https://www.coindailynews.io/wp-content/uploads/2022/08/BTC-FEATURED-e1659784631535-455x300.png)
Over the last few weeks, Bitcoin [BTC] has maintained a solid position over shorts. In fact, this strength was enough to send BTC to $24,000 and keep it above $20,000 for most of July. However,
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Bitcoin was trading at $23,221, up 1.05% over previous day According to Glassnode, an on-chain analytics firm, a significant proportion of bitcoin’s selling pressure is coming from long-term holders, particularly those who bought their coins
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The year 2022 has brought nothing but turmoil to the cryptocurrency sector, and among these were Bitcoin, as the price was pulled down as low as $17,700 on June 18. Since then, the King currency
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The total amount of Bitcoin held across all exchanges dropped dramatically last week, a development that, based on past performance, was seen favorably for the Bitcoin market but is also associated with the potential for
Read More![Bitcoin [BTC] long-term investors- Here’s what you can do](https://www.coindailynews.io/wp-content/uploads/2022/08/Untitled-design-93-455x300.png)
Bitcoin [BTC] hit its 2022 rock bottom on 18 June when it went below $17,700. Since then, the number one cryptocurrency has gone up and down the charts. However, BTC has only surged stronger and
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Today the world’s first cryptocurrency, Bitcoin opened the market on a bullish note. Bitcoin price has reclaimed its $23,000 price levels after facing a downfall for the last couple of days. Now, although the major
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It was past a few days when Bitcoin was trading above $23,000 and this looked like the market was on a recovery phase. But yesterday, the crypto market was once again bearing the red flag
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Since being rejected from the $24,000 important mark on July 29, the price of Bitcoin has had difficulty maintaining its upward pace. As it searches for new liquidity, the largest cryptocurrency is projected to fall
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Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800.
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After some volatility displayed in the past 24 hours, bitcoin settled once again, at least for now, around the $23,000 mark. Most altcoins are also fairly stable on a daily scale, but Binance Coin reached
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