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Cryptocurrency News

3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’

07/29/2022

Less than a minute

2022.07.29 17:57

Bitcoin (BTC) price rallied toward $24,200 on July 28 after a near 10.5% surge that began a day earlier.

The gains appeared after Federal Reserve Chairman Jerome Powell signaled intentions to slow down their prevailing tightening spree. They prompted some Bitcoin analysts to predict short-term upside continuation, with CryptoHamster seeing BTC at $26,000 next.

Source

07/29/2022

Less than a minute