Steady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital

Quick Summary:

Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024.

According to QCP Capital, the cryptocurrency continues to hold strong against various market pressures, including substantial governmental sell-offs.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: Japan

Topics: Investment trends Bitcoin analysis ETF inflows BTC Market consolidation $60K support Markets and Prices Bitcoin Market stability QCP Capital Government sell-offs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 16:21:16 (2 days ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

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

Copyright Owner: © Bitcoin News

News ID: 21403705

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 18 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #62

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