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Bitcoin Price Analysis: Traders Open 200,000 New BTC Wallets amid Bybit Hack: $100K Rebound Ahead?

CoinGape LogoCoinGape11h ago

Bitcoin Price Analysis: Traders Open 200,000 New BTC Wallets amid Bybit Hack: $100K Rebound Ahead? - CoinGape

Quick Summary:

Bitcoin price flashes $100,000 rebound signals as new entrants capitalize on the recent Bybit hack impact to buy BTC at low prices.

Bitcoin Price Stabilizes at $95K as Altcoin Traders Reallocate Capital Bitcoin (BTC) experienced mild sell-side pressure on Sunday, dropping 3% before stabilizing above $95,500.

Market analysts anticipate further bullish momentum if BTC breaks past immediate resistance at $97,000 in the coming sessions.

More Pictures

Bitcoin Price Analysis: Traders Open 200,000 New BTC Wallets amid Bybit Hack: $100K Rebound Ahead? - CoinGape (Picture 1)Bitcoin Price Analysis: Traders Open 200,000 New BTC Wallets amid Bybit Hack: $100K Rebound Ahead? - CoinGape (Picture 2)Bitcoin Price Analysis: Traders Open 200,000 New BTC Wallets amid Bybit Hack: $100K Rebound Ahead? - CoinGape (Picture 3)Bitcoin Price Analysis: Traders Open 200,000 New BTC Wallets amid Bybit Hack: $100K Rebound Ahead? - CoinGape (Picture 4)

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Article Details

Author / Journalist: ibrahim

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-23 @ 19:51:53 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 637 words

Reading Time: 4 minutes read

Sentences: 54 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 26356013

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 5 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

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: #59

Publisher Details

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The story "Bitcoin Price Analysis: Traders Open 200,000 New BTC Wallets amid Bybit Hack: $100K Rebound Ahead?" was covered 11 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 5 news stories per day.

It's most recent story was published 13 hours ago.

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  • URL: https://beamstart.com/news/bitcoin-price-analysis-traders-open-17403405072585

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