Atepalief
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Bitcoin (BTC) market analysis shows a complex picture with cautious sentiment but potential for recovery.
Current Price Movement: Bitcoin's price recently managed to rise above US$70,000, recovering from a sharp decline to nearly US$60,000 earlier this month. This increase was driven by investors' reaction to US inflation figures that were lower than expected. Nevertheless, BTC faced pressure and traded around US$67,500 after the release of stronger-than-expected US employment data, which reduced the likelihood of an interest rate cut in the near future. Currently, market data shows BTC price around $69734.91, with an increase of +0.94% in the last 24 hours.
#BTC $BTC
Current Price Movement: Bitcoin's price recently managed to rise above US$70,000, recovering from a sharp decline to nearly US$60,000 earlier this month. This increase was driven by investors' reaction to US inflation figures that were lower than expected. Nevertheless, BTC faced pressure and traded around US$67,500 after the release of stronger-than-expected US employment data, which reduced the likelihood of an interest rate cut in the near future. Currently, market data shows BTC price around $69734.91, with an increase of +0.94% in the last 24 hours.
#BTC $BTC
happy valentine'day!
completed
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3️⃣ Comment: Done
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Dane
Professor AJN
·
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❤️ Like the post
🔁 Repost and share with friends
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🍀 Good luck everyone!
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night night it's nice to buy long or short yes $BTC #CZAMAonBinanceSquare
Today’s Trade PNL
+$0
+0.47%
now many people are hunting for the Chinese New Year red packets, hope Binance continues to provide rewards $USDT
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