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One crypto analyst says Bitcoin has just undergone one of the “healthiest market resets” he has seen in a long time.
Kendrick said the liquidation of leveraged positions has cleared a pathway for the crypto market to trend higher and that the market is poised to move up from its current position.
BlackRock’s Bitcoin ETF inflow streak ended on April 24 after IBIT recorded no inflows for the day, according to data from Farside.
Total net outflows of 11 U.S. spot bitcoin ETFs stood at $120 million on Wednesday.Eight spot Bitcoin funds, including BlackRock’s IBIT, saw zero flows, which analysts say is normal.
The Merlin Chain Bitcoin layer-2 grew by roughly 2,000% in the past month
Blockchain technology is being used to incentivize community building in the real world
The brokerage firm is laying out risk managing requirements for solicited purchases of Bitcoin ETFs, AdvisorHub reported.
- 19:29CRV price reaches $0.5341 per coin, up 3.03 per cent during the dayCRV latest price: $0.5341, up 4.85% in 24 hours, trading volume $210 million Analysed by the k-chart, it is currently in an uptrend. It is down sharply from 15:00, up from 07:00 and down from 13:00. A simultaneous rise in price and volume usually points to strong buying support in the market.The fact that buyers are trading in large volumes at higher price levels indicates an optimistic and bullish market sentiment. Against this backdrop, prices are likely to continue to rise in the future as the momentum in the market remains strong and buying continues to pour in.Investors should focus on the breakout of key resistance levels, which would signal a continuation of the uptrend if the price is able to sustain the breakout and solidify at higher levels. Trading activity has increased significantly and the market has strong upward momentum.The Williams indicator shows that it is currently classified as not overbought or oversold. There has been a recent increase in trading volume, the volume of trades has increased compared to the previous hours, and both price and volume have risen at the same time: trading activity is active and there is strong upward momentum.The market is bullish, you can add positions moderately, pay attention to the breakout of resistance levels and be alert to sudden changes in trading volume.
- 19:28BTC Bitcoin Price Falls Below $97,000, Up 0.45% in 24 HoursBitcoin bitcoin today's market news, the latest price of BTC bitcoin: $96,980, up 0.45% in 24 hours, trading volume of $52.412 billion
- 19:27ADA Ada Coin price reaches $1.0514 per coin, down -2.02% on the dayADA Coin ADA latest price news, ADA Ada Coin real time price fell -2.02% to $1.0514, trading volume $2.103 billion According to the k-chart analysis, it is currently in an oscillator trend. It fell sharply compared to 15:00, penetrated the low of 13:00 and is down from 10:00. Market heat is low and trading volume has decreased. The Williams Indicator suggests that it is now in a state where it is not overbought or oversold.Trading volume has decreased recently, trading volume is down from the previous hours, price and trading volume are down at the same time: the market is cold and trading is inactive.The market is cold and the downtrend is clear, so it is advisable to remain on the sidelines and wait for the market to pick up.
