🪙 Cryptocurrency 3d ago · Steve Muchoki

Bitcoin Recovers From $6.3B Binance Hack: Is the Market Maturing?

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Bitcoin Recovers From $6.3B Binance Hack: Is the Market Maturing?
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Bitcoin recovered most of its losses from the $6.3 billion Binance hack within days.



The Bitcoin Rainbow Chart places BTC in the “Still Cheap” zone below historical fair value.



BTC support sits near $75,700-$77,700, with resistance around the 365-day moving average at $81,700.




Bitcoin has now almost fully reversed all the losses from the over $6.3 billion Binance hack. The market absorbed one of the biggest cryptocurrency exchange hacks in history in just a few days, highlighting a sig

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