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Is Bitcoin About To Enter A New Price Discovery Zone? Here’s What To Know

Bitcoinist LogoBitcoinist12h ago

Is Bitcoin About To Enter A New Price Discovery Zone? Here’s What To Know - Bitcoinist

Quick Summary:

Bitcoin’s price has shifted toward an upside direction, allowing it to reclaim the pivotal $90,000 mark after facing heightened bearish and selling pressure over the past few days driven by macroeconomic uncertainty.

Furthermore, within this zone, key derivatives metrics such as Open Interest (OI), trade count, and buying volume are showing a lack of historical consolidation.

Specifically, this price recovery zone is located between the $70,000 and the $90,000 range, indicating a $20,000 price gap.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 10:30:22 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 26693891

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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: #105

Publisher Details

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The story "Is Bitcoin About To Enter A New Price Discovery Zone? Here’s What To Know" has 451 words across 37 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Is Bitcoin About To Enter A New Price Discovery Zone? Here’s What To Know" was covered 12 hours ago by Bitcoinist, a news publisher based in Hungary.

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Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

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

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

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  • News ID: #26693891
  • URL: https://beamstart.com/news/is-bitcoin-about-to-enter-17412575244005

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