Future Price of Bitcoin Will $150 Billion Bank Morgan Stanley Push The Coin To a New All-Time High

The price of bitcoin is still well above the $69,000 barrier, even if analysts are making pessimistic predictions.
Morgan Stanley is rumored to allow Bitcoin exchange-traded funds (ETFs) on its platform soon.
Rising open interest in Bitcoin indicates impending turbulence as it approaches a significant sell wall.
Due to increased demand from long-term holders, 95% of the Bitcoin supply is currently profitable.

This week has seen a rise in volatility in the price of bitcoin (BTC), with the majority of holders currently seeing profits. The pioneer cryptocurrency is facing the brunt of mounting overhead pressure as market activity continues to rise and long-term investors increasingly ramp up on distribution pressure. Nevertheless, despite speculation that Morgan Stanley may have something to do with it, the $69,000 barrier remains unbroken.

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Future Price of Bitcoin Will $150 Billion Bank Morgan Stanley Push The Coin To a New All-Time High

Asia Open Living Vicariously Off of Predicted Rate Cuts Markets

FTX Files a Reorganisation Plan Based on Consensus and is Awaiting Bankruptcy Court Approval

Related Posts

Despite a Stronger US Dollar, The Price of Gold Recovers Some of Its Recent Losses

Asia Open Living Vicariously Off of Predicted Rate Cuts Markets

FTX Files a Reorganisation Plan Based on Consensus and is Awaiting Bankruptcy Court Approval

Forecast For Gold Prices XAUUSD Rises on Cautious Market Sentiment and Targets $2,400

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