BTC seems to be struggling recently. Its price has been fluctuating and not performing as strong as before. I'm wondering what factors are causing this downward trend and whether it's a temporary setback or a sign of a larger market shift.
Bitcoin's price has exhibited volatility, hovering around the $97,300 mark as of December 2, 2021.
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KimonoSerenityTue Dec 17 2024
Additionally, a substantial sell wall consisting of over 4,000 Bitcoins, valued at roughly $384 million, further complicates the situation.
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ValentinoTue Dec 17 2024
Despite attempts to surge, the digital currency has failed to surpass the $100,000 threshold.
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LeonardoTue Dec 17 2024
Among the top cryptocurrency exchanges, BTCC offers a range of services that cater to diverse investor needs. These include spot trading, futures trading, and a secure wallet for storing digital assets.
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MicheleTue Dec 17 2024
Market analysts have offered insights into this phenomenon, suggesting that Bitcoin faces significant resistance at this pivotal price point.