Bitcoin (BTC) closes at $ 45,000 apparent on 8% 200 EMA

Bitcoin (BTC) is up 8% today in another attempt to overcome the decisive resistance of $ 40,000. At the time of publication, bitcoin (BTC) was trading at $ 39,828 with a market capitalization of $ 747.

Bitcoin has gained strong momentum amid rumors of Amazon integrating BTC payments.Dec. However, Amazon has now confirmed there are no such plans, but that hasn’t stopped the flow of bitcoin bulls. According to popular crypto analyst Lark Davis, Bitcoin closed daylight above the 200-day EMA. This sets the main trend, with bitcoin set to push prices higher.

# bitcoin closes a day candle over 200-day EMA! It was the first time he had crossed the line since the accident. Bull! pic.twitter.com/1PrC84RhEJ

– Lark Davis (@Thecryptolark) July 28, 2021

In a note on Tuesday, Pankaj Balani, CEO of Delta Exchange cryptocurrency derivatives exchange, wrote: “the current dynamics are strong.”Balani expects this acceleration to raise the price of bitcoin to $ 45,000. But he adds that a decisive breakout above $ 50,000 “would give something away.”

Strong BTC wave and indicators within the chain
The recent bitcoin price has brought positive changes to the cryptocurrency performance in the chain. Data on yesterday’s transactions shows that large bitcoins worth $ 15.3 billion have been moved into a single block.

$ 15.3 billion has been transferred to the # Bitcoin block today.# Bitcoin block number 692828. pic.twitter.com/GCt8FRWZmO

– Bitcoin documentation (@BTC documentation) July 27, 2021

On the other hand, network data provider centiment also said that whale addresses of the “millionaire” level, which is 100-10000 bitcoins, have added a large amount recently. The data provider said:

Bitcoin whales, which have $ 100 to $ 10,000 in BTC, continue to pile up, as The may fall rattled many weak hands. In the last 5 Weeks, an additional $ 130,000 has been accumulated at these addresses, and in the last 10 days alone, an additional $ 40,000 has been accumulated.

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