Gate’s Daily Market Trends (June 25th): In September, Bitcoin will Officially become Legal Tender El Salvador, Positive News Stabilizes the Market

06/25/2021 07:45 (UTC)
59,978 views

As of 12:30 GMT, Bitcoin‘s spot price was
$34694.51 and Ether’s price was $1975.44. On the daily timeframe,
Bitcoin‘s spot price broke out from the five-day moving average, which
means it’s no longer in a downtrend. On the one-hour timeframe,
Bitcoin’s price soared in the early morning on the 25th. After touching
the 35300 resistance point, it entered retracement mode, with a very
little price movement, in a typical sideways fashion. Bitcoin price
today is likely to drift between $33,700 and $35,300. Given that all
three KDJ lines are showing a downward trend, Bitcoin price could see a
decline in the late afternoon.




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Gate’s
Daily Market Trends (June 25th): In September, Bitcoin will Officially
become Legal Tender El Salvador, Positive News Stabilizes the Market











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June 25, 2021

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