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Bitcoin [BTC] traders, watch this market now that $45K has been flipped
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Bitcoin has crossed the perilous 45k bridge and now, many feel comfortable letting their guard down. However, there are still reasons to be fearful.
Analysis by the co-founders of Glassnode revealed that Bitcoin saw a little under $100 million in inflows. Additionally, an Uncharted report revealed that the king coin had finally turned its former resistance level of 45k into a support level. That’s good news for bulls.
However, 50k might still be some distance away. For now, investors are well-advised to keep their eyes on the 48k-mark.
<p lang=«en» dir=«ltr» xml:lang=«en»>$193mn inflows into crypto last week$98mn #Bitcoin inflows $87mn $SOL inflows $10mn $ETH inflows
Investors are divesting into riskier altcoins. See for yourself
Read more on ambcrypto.comAbout this in other media
Bitcoin Price Forecast for 2022 Cut Once Again as Break 'Only' Above USD 80K Now Expected cryptonews.com /2 years ago
Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust cointelegraph.com /2 years ago
Analyst suggests swing trading Bitcoin is the best move as BTC price dips below $40K cointelegraph.com /2 years ago
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