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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
Smart Money: Crypto market correction a typical market thing, says WazirX cnbctv18.com /2 years ago
Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust cointelegraph.com /2 years ago
This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy cointelegraph.com /2 years ago
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