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On The Verge Of History: Bitcoin Breaks $73,000 Barrier, Eyes New Record High – Details

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On The Verge Of History: Bitcoin Breaks $73,000 Barrier, Eyes New Record High – Details - NewsBTC

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One variable is whether semi-log or linear scale is used Target of 94,000 is measured move of triangle projected from breakout level on semi-log ⬇️ 🧵 1/3 pic.twitter.com/VI0n7OAvia — Peter Brandt (@PeterLBrandt) October 29, 2024 Just this Monday, Bitcoin topped the psychological $70,000 support before getting a bigger push from inflows from ETFs and trades by whales.

Related Reading: Bitcoin ETF Inflow Streak Breaks With Nearly $80 Million Outflows In Sudden Reversal  Institutional Interest In Bitcoin Rising The ongoing large inflows into the Bitcoin exchange-traded funds approved in January also play a major role in the recent spike of the cryptocurrency.

And with considerable inflows to Bitcoin ETFs in recent days and the US elections just days away, many expect a bigger price surge for Bitcoin.

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On The Verge Of History: Bitcoin Breaks $73,000 Barrier, Eyes New Record High – Details - NewsBTC (Picture 1)On The Verge Of History: Bitcoin Breaks $73,000 Barrier, Eyes New Record High – Details - NewsBTC (Picture 2)On The Verge Of History: Bitcoin Breaks $73,000 Barrier, Eyes New Record High – Details - NewsBTC (Picture 3)On The Verge Of History: Bitcoin Breaks $73,000 Barrier, Eyes New Record High – Details - NewsBTC (Picture 4)On The Verge Of History: Bitcoin Breaks $73,000 Barrier, Eyes New Record High – Details - NewsBTC (Picture 5)

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 15:00:32 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 74 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 23339854

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

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Publisher ID: #102

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