🚀 Cryptocurrency update! 🚀
1️⃣#Bitcoinprice action analysis shows that the 62k - 65k zone is significant support, with over 3 million addresses purchasing BTC. Volume from 63.7 to 65.6 thousand also confirms this support. A rebound from the 64.5K level is possible.
2️⃣ BTC price is currently close to the average purchase price for many traders. This level could become support or cause an 8-12% correction, perhaps to $60K, according to CryptoQuant.
3️⃣ Hash Ribbon#Bitcointurned positive for the first time in a year, which historically indicates a buying opportunity, usually accompanied by miner capitulation.
4️⃣ The net volume of purchases on Coinbase Prime is 990 BTC per day, exceeding the volume of sales, but the dynamics of the net flow has decreased by 12 times since the beginning of the year.
Follow the market and stay updated with the latest updates! 💸📈#CryptoUpdate#BTC #Cryptocurrency