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Bitcoin’s Most Critical Support Level At $69,000 — Here’s Why

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Bitcoin’s Most Critical Support Level At $69,000 — Here’s Why - NewsBTC

Quick Summary:

Related Reading: PEPE Price Breaks Ascending Triangle To Target Another 20% Crash Kesmeci pinpointed the "Bitcoin Spot ETF Realized Price” as a crucial metric to watch if the price of BTC succumbs to bearish pressure.

While the Bitcoin ETF’s realized price is a crucial support level that could prevent a deep correction, the short-term holder (STH) realized price could prove pivotal to the resumption of the bull run.

Why Bitcoin Price Must Remain Above $69,000 In a Quicktake post on the CryptoQuant platform, crypto analyst Burak Kesmeci analyzed the Bitcoin market relative to the downturn affecting the broader financial markets.

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-05 @ 09:30:21 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 421 words

Reading Time: 3 minutes read

Sentences: 68 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 27600656

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

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: #102

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