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Price analysis 11/1: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin fell below $69,000 on Nov. 1, but the bears could not sustain the lower levels. Solid buying by the bulls has pushed the price back above the $70,000 level, indicating a positive sentiment. As Bitcoin nears its all-time high of $73,777, sellers are likely to step in. According to Glassnode data, short-term holders, entities holding Bitcoin for up to 155 days, sent 54,352 Bitcoin to the cryptocurrency exchanges on Oct. 31. Even as traders speculate about Bitcoin’s near-term price action, long-term investors are finding ways to add more Bitcoin to their portfolios. MicroStrategy revealed plans to raise $21 ... (full story)
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- Posted: Nov 1, 2024 3:00pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 192
