Bitcoin retests key level that sparked 66% BTC price gains in 2021
MicroStrategy reveals a fresh BTC buy, but Bitcoin price action is still being held captive by the 200-day moving average.
Auto Added by WPeMatico
MicroStrategy reveals a fresh BTC buy, but Bitcoin price action is still being held captive by the 200-day moving average.
Smaller Bitcoin entities are rapidly adding to their BTC stash, but this has preceded price tops in times gone by.
Collateral gains are the only signs of joy for short-term crypto traders on April 4 as Bitcoin and most major assets stay flat.
The yearly open stays in focus as support as Bitcoin bulls hope for a trip to $50,000 this week.
Market participants sit back as BTC price action focuses on levels just $300 below last week's close.
All that keeps Bitcoin price action from its next milestone is a fresh dip below $45,000.
BTC price breaking out of its established trading range is proving harder than expected.
More long-dead BTC moved this week than at any time since just before the $20,000 all-time high in December 2017.
There are forces at work which could take BTC price action back to $44,500 in the short term, analysts reveal.
The Luna Foundation Guard is well in the green as Terra co-founder Do Kwon stresses he is not "capable of moving" Bitcoin markets.