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Home ยป Bitcoin Encounters Obstacles Following Recent Price Surge
Bitcoin

Bitcoin Encounters Obstacles Following Recent Price Surge

By adminMay. 30, 2024No Comments1 Min Read
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Bitcoin Encounters Obstacles Following Recent Price Surge
Bitcoin Encounters Obstacles Following Recent Price Surge
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A new study has delved into the popularity of investment products linked to Bitcoin, revealing that the majority of investments are coming from the United States. The recent decline in value has halted the upward momentum, indicating that investors are not yet prepared to push the price beyond $71,500. Nevertheless, the long-term outlook remains positive, and according to one measure, we are only halfway through the current period of market growth. Crypto analyst Axel Adler utilized Bitcoin MVRV Z scores in a post on X to demonstrate that we have only reached the midpoint of the ongoing bull run. Stay up to date with the latest news in technology by visiting NEWSLINKER.

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