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Bitcoin’s Next Move To Dictate Market’s Direction; Rejection Might Lead To Altcoin Bloodbath

Coinpedia LogoCoinpedia2d ago

Bitcoin’s Next Move To Dictate Market’s Direction; Rejection Might Lead To Altcoin Bloodbath - Coinpedia

Quick Summary:

The largest cryptocurrency is currently trading above the $63k levels,  raising the question of whether this upward move can be trusted.

But ultimately, it exists to prepare Bitcoin for a rally back to the Range High at $71500.

According to Crypto Capital Venture, Bitcoin is currently at a crucial pivot point.


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Bitcoin’s Next Move To Dictate Market’s Direction; Rejection Might Lead To Altcoin Bloodbath - Coinpedia (Picture 1)

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 04:54:12 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 21436271

View Article Analysis

About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 10 posts per day

Year Established: 2016

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

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions

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The story "Bitcoin’s Next Move To Dictate Market’s Direction; Rejection Might Lead To Altcoin Bloodbath" has 401 words across 30 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin’s Next Move To Dictate Market’s Direction; Rejection Might Lead To Altcoin Bloodbath" was covered 2 days ago by Coinpedia, a news publisher based in United States.

How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 10 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #21436271
  • URL: https://beamstart.com/news/bitcoins-next-move-to-dictate-17198108971303

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