Bitcoin Up 24% From February Lows, But Breakout in Doubt

Bitcoin Up 24% From February Lows, But Breakout in Doubt

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Bitcoin (BTC) is trading around $75,000, about 24% higher than its recent bear-market low, thanks to a combination of institutional buying and geopolitical intrigue. However, on-chain data show the story is more complicated, with weaker holders offloading coins and whales sending more BTC to exchanges, casting doubt on whether we are witnessing a real trend reversal or just another bear-market bounce. According to analyst JA Maartunn, Strategy’s raising of about $2.7 billion in just two days last week was one of the biggest catalysts for the uptick in Bitcoin’s price. And today, the firm made one of its bigges

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