Bitcoin Touches Above $40K For Third Time In 2022, Where Does It Go From Here?
Bitcoin has had an eventful 2022 so far and it is only two months into the year. While mostly recording downtrends in these past two months, there have been some notable recoveries that have put it above $40K. For the two previous times, the digital asset had been unable to hold above this level. Will the third time be the charm or is a reversal expected soon? Bitcoin Trading Between $40K-$44K On Monday, bitcoin had pulled one of its strongest reverse cards and had broken straight through $40,000. The digital asset did not stop there though, continuing the run until it had finally peaked....
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Ethereum accumulation patterns have pointed towards bullish trends. Whales, as well as small investors, have started to fill up their bags with the altcoin after the crash that brought it down to the $2,100 level. This time around, it is smallholders going on an accumulation spree as the number of wallets holding at least 1 ETH, not their balance touches a new high. New Milestone For Ethereum The latest milestone for the digital asset has come after a disappointing week in the market. As the number of active investors in the crypto space continues to rise, so has the number of investors....
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