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Bitcoin: ‘Be prepared for very boring price action for many more weeks’

AMBCrypto LogoAMBCrypto2d ago

Bitcoin: ‘Be prepared for very boring price action for many more weeks’ - AMBCrypto

Quick Summary:

Bitcoin recently witnessed an increase in price to $62k.

Crypto analyst Willy Woo shared that the surge was just temporary.

Such declines can suggest that traders are less willing to take positions in Bitcoin, anticipating potential further drops in its price.

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Bitcoin: ‘Be prepared for very boring price action for many more weeks’ - AMBCrypto (Picture 1)Bitcoin: ‘Be prepared for very boring price action for many more weeks’ - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 19:00:44 (2 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 628 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 21404233

View Article Analysis

About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 17 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Bitcoin: ‘Be prepared for very boring price action for many more weeks’" has 628 words across 27 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin: ‘Be prepared for very boring price action for many more weeks’" was covered 2 days ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 17 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

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  • News ID: #21404233
  • URL: https://beamstart.com/news/bitcoin-be-prepared-for-very-17195169083986

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