Bitcoin (BTC) Price Builds Basis for Move to $34K: Glassnode Co-founder

Australia News News

Bitcoin (BTC) Price Builds Basis for Move to $34K: Glassnode Co-founder
Australia Latest News,Australia Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

.Negentropic_ Bitcoin (BTC) price sets stage for surge to $34K, Glassnode co-founder says BTC $BTC

Drawing from these facts, the Glassnode co-founder suggests the possibility of Bitcoin breaking above $31,250, thus providing a strong foundation for buyers to target the $33,000 and $34,850 resistance levels.

, in a recent tweet, highlights that Bitcoin is trading in a defined local range:"When anchoring from the November 2021 ATH, the Bitcoin spot price continues to oscillate between the -50% and -61.8% retracement levels, marking a defined local range."At the time of writing, BTC was up 1.19% in the last 24 hours to $30.708. In today's session, the largest cryptocurrency reached fresh yearly highs of $31,525 before falling slightly.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Can BTC make it to $35,000?Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Can BTC make it to $35,000?In case you missed it... 💸 Could BTC make it to $35,000? 📉 After 17% spike, can RIVN stock uptrend last through July? 🏛️ RBA start stop policy could it be over? Forex Crypto Stock
Read more »

Bitcoin (BTC) Price Analysis for July 4Bitcoin (BTC) Price Analysis for July 4Can the rate of BTC get to the $32,000 zone soon? NickSzabo4 alistairmilne Maybemore_DC WhalePanda
Read more »

Bitcoin analysis agrees BTC price may stall at $35KBitcoin analysis agrees BTC price may stall at $35KCan BTC price move past $35,000 despite multiple Bitcoin analysts warning of a local bull market top?
Read more »

Bitcoin traders hope to 'buy the dip' as BTC price heads toward $30KBitcoin traders hope to 'buy the dip' as BTC price heads toward $30KBitcoin dip-buyers stand by with BTC price performance slowly returning to $30,000.
Read more »

Bitcoin hits new yearly highs as BTC price rebounds to $31.5KBitcoin hits new yearly highs as BTC price rebounds to $31.5KBTC suddenly produces new yearly highs after a $30,000 bounce.
Read more »

Bitcoin (BTC) Price Soars to 13-Month High: Possible ReasonsBitcoin (BTC) Price Soars to 13-Month High: Possible ReasonsEarlier today, Bitcoin managed to regain $31,400 level in light of recent news
Read more »



Render Time: 2025-02-26 04:26:46