Bitcoin: How retail demand is shaping BTC’s price surge

Quick Summary:

Retail volume drives Bitcoin while high slippage and liquidity clusters predict market moves.

Historically, periods of high retail interest, have contributed to price volatility as seen in the sharp uptick and subsequent price corrections.

Recently, retail investors have propelled Bitcoin towards these higher prices, and now BTC appeared poised to target the $79K cluster due to its proximity and recent formation.

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Article Details

Author / Journalist: Lennox Gitonga

Category: Crypto

Markets: United States

Topics: Trading View News 1 News Bitcoin Social Ambcrypto BTC Trading View

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 01:00:56 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 495 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 23466250

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 19 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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