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Bitcoin has been bullish for the seventh consecutive time on the daily chart, with prices continuing to remain above $34000.Bitcoin and Shanzhai CoinAfter BlackRock pointed out progress in its Bitcoin spot ETF, Bitcoin (BTC) hit a new high of $35200 in 2023

From October 11th to 24th, the price of Bitcoin increased from $26000 to $35000. Ten giant whales executed transactions such as KIMCHI, LDO, LINK, PEPE, RLB, SUSHI, BITCOIN, FTM, and UNI, with a net total buying value of approximately $14919845

Yesterday, Bitcoin continued to increase in volume, and began to fluctuate and rise in the morning. It reached the 35998 line on the big cake pin in the early morning, but it did not stabilize

Yesterday, the big cake bulls rose strongly, directly pushing the needle up to break the $30000 level. Affected by the news, the big cake soared from around 27200 to 30500 under pressure, and it was later confirmed that the news was false

Yesterday, the overall trend of the pancake white market revolved around a narrow fluctuation trend, with prices fluctuating back and forth in the range of 28600-28300. It reached a high of 29100 during the strong insertion of the needle in the afternoon, but failed to stabilize at the high level and quickly made a correction action

The continuous decline in Bitcoin trading balance indicates that investors' confidence in the market is constantly increasingAfter a week of turmoil in the cryptocurrency market, Bitcoin (BTC) showed significant resilience on Wednesday, maintaining stability around the $28300 mark. However, behind this stability lies a whirlwind of activity, especially the massive outflow of Bitcoin from exchange wallets

Yesterday, the high point of the pancake reached the 28600 area, which was under pressure. The short-term rhythm revolved around a small range of fluctuations, and the overall currency price fluctuated back and forth around the 28000 to 28600 range

PancakeDue to weekend reasons, market volatility has become the norm, with only over a hundred points of room in the white range until breaking through the bottleneck of 27200 in the early morning and reaching a high of 27293. From the perspective of the four hour structure, the currency price has retreated from the high point of 28295 to the low point of 26538 and then started to move upwards again! The current currency price is on the upper track, ending with a triple positive line

From 20:30 in the evening yesterday to 7:30 in the morning, the main trend of Da Bing was a white market fluctuation. Take 26700 as the average, with a fluctuation of 100 points

According to the Zhitong Finance APP, Bitcoin has fallen for the fifth consecutive day, breaking below $27000 per coin for the first time since September last year. Traders say the Middle East conflict has affected investor sentiment

Bitcoin is still 200 days away from halving, which is a supply shock. Historical patterns indicate that once it occurs, prices often rise and even break past historical highs

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