Bitcoin’s daily trade volumes rise to 26.7 billion dollars

In the latest news, Bitcoin’s investment funds recorded the fifth consecutive week of external flows – exceeding $ 838 million.

This only served BTC’s chances of recovery, as it continues to fluctuate between 82 thousand dollars and 85 thousand dollars.

A barrage of negative news, whether macro or the chain, is more pressure on bitcoin, ensuring that it remains Divided less than 85 thousand dollars.

Over the past 24 hours, its price was barely moving by 1 % to climb more than $ 83,000 at the time of this report. However, almost 100 % daily trade volumes to $ 26.7 billion.

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Among the factors Bitcoin low prices The report was from Sosovalue Bitcoin’s investment funds were in the fifth consecutive week of net external flows.

For the week ending March 14, Bitcoin’s investment funds have informed a net flow of $ 838 million, which led to a total external flow for five weeks to $ 5.4 billion.

After another report he submitted Coinshares He pointed out that Crypto Etps has gone for a five -week negative sin. Their external flows amounted to $ 1.7 billion last week, which increased the total external flow to $ 6.4 billion.

When will Bitcoin begin to apostasy?

In an ideal market, Bitcoin should gather again Or at least stability, not the threat of collapse less than $ 80,000.

There was a lot of positive news about the currency that should help it recover.

For example, the strategy reaffirmed the interest of institutional investor’s feelings in the old currency Buy $ 10.7 million from BTC.

More importantly, it has announced the launch of the $ 21 billion market display program in the market, whose revenues will be used to buy more bitcoin.

The analysis of the currency series also reveals that the market is a little optimistic. For example, during the daily time frame, a MACD graph began to print green bars.

The MACD line has also crossed the signal line from the bottom, hinting to a bullish cross. Its relative strength indicators also increased from the early 31 -year -old to 31 to a neutral area above 44.

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Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk.