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Unpacking Bitcoin’s fortunes: $44K in August before ATH in September?

AMBCrypto LogoAMBCrypto12h ago

Unpacking Bitcoin’s fortunes: $44K in August before ATH in September? - AMBCrypto

Quick Summary:

Key metrics predict that Bitcoin is set to face a short-term decline in price, followed by a rally past the $70k level.

Key metrics predict that Bitcoin is set to face a short-term decline in price, followed by a rally past the $70k level.U.S.

Meanwhile, other major players in the ETF market made significant sales: Fidelity offloaded 1,646 BTC, ARK sold 1,387 BTC, Grayscale parted with 569 BTC, Bitwise sold 465 BTC, and VanEck sold 364 BTC.

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Unpacking Bitcoin’s fortunes: $44K in August before ATH in September? - AMBCrypto (Picture 1)Unpacking Bitcoin’s fortunes: $44K in August before ATH in September? - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Lennox Gitonga

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 08:00:29 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 540 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 18 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 21928895

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 12 posts per day

Year Established: 2018

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: #103

Publisher Details

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The story "Unpacking Bitcoin’s fortunes: $44K in August before ATH in September?" was covered 12 hours ago by AMBCrypto, a news publisher based in United States.

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

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  • URL: https://beamstart.com/news/unpacking-bitcoins-fortunes-44k-in-17228474942202

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