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14.05.2020 BTC Daily Analysis

Bitcoin price lit up today, rallying 5.78% to a daily high of $9,398 before pulling back to consolidate in the $9,300 range. The strong upside move

Yazar: editor_1

Yayınlanma: 14 Mayıs 2020 20:03

Güncellenme: 8 Kasım 2024 13:43

14.05.2020 BTC Daily Analysis

Bitcoin price lit up today, rallying 5.78% to a daily high of $9,398 before pulling back to consolidate in the $9,300 range. The strong upside move pushed the top-ranked digital asset on CoinMarketCap through the $8,800–$8,930 resistance zone. Almost 24,000 Bitcoin have been withdrawn from exchanges since Bitcoin’s halving on May 11, according to Bitcoin Exchange Net-Flow data from on-chain market analysis platform Glass node. The trend of Bitcoin flowing out of exchanges started in mid-April and has continued with only a short reprieve in the hours before and after the halving
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