-
Bitcoin BTC rebounded significantly from its 50 day moving average, recovering $28000
Bitcoin (BTC) prices have shrugged off concerns about sudden changes in long-term dormant wallets, as well as ongoing regulatory uncertainty surrounding Coinbase's lawsuit against the US Securities and Exchange Commission due to unclear encryption rules, and have rebounded strongly to a level of over $28000 for the first time in four days.This may be due to a surge in technical buying before the 50 day moving average of $27200, as well as recent support from a low point slightly above $27000
-
Bitcoin hit a four week low: chart still shows a bull market - will BTC retreat from the market?
The trading price of Bitcoin (BTC) is within the range of $27000.By the end of 2023, the price of BTC will soar by over 268%