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Gate.io’s Daily Market Trends (June 23rd): Alipay Launches Dunhuang-themed NFT, Bitcoin Miner Plans to Use Renewable Energy

2021-06-23 16:35:10Read:25013

Bitcoin’s price reached a low of $28,800 yesterday evening before recovering quickly. On the one-hour timeframe, Bitcoin’s price had exceeded the price of each moving average and there is now a clear upward test of the upper trendline. Currently, Bitcoin’s resistance point is estimated to be around $33,500. After hitting the trendline, Bitcoin’s price may drop quickly. Today's market panic index is 14. Despite two consecutive days of Bitcoin price increases, the market is still in a state of extreme panic.


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JUNE 23, 2021

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