blessjah | Pingpad

After a roller coaster ride in the market last week, Bitcoin shows endurance, bouncing back from the recent dip to $49,000 and reclaiming the $60,000 milestone as key to its continuation to the upside to regain levels lost during the last 20% correction on August 5. Despite facing hurdles, the largest cryptocurrency on the market continues to exhibit signs of sustaining the macro uptrend that has been prevalent since the start of the year. ‘Golden Buying Opportunities’ In a recent analysis highlighting Bitcoin’s price action and technical outlook, crypto analyst Doctor Profit shared insights that reveal market sentiment following the recent tumultuous trading week. Doctor Profit noted that major players like BlackRock and Fidelity showed confidence by maintaining their positions in the Bitcoin ETF market and adding more BTC to their portfolios. This sentiment was further echoed by the steady and healthy inflows and outflows observed in ETF activities, showcasing a lack of extreme reactions from investors despite the correction experienced last week.

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A positive thinker, with a knack for blockchain and its Development @blessjah·Aug 13

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A positive thinker, with a knack for blockchain and its Development @blessjah·Aug 12

"Court Orders Ripple to Pay $125 Million to the SEC"

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