The price of Bitcoin is trading strong above its exponential moving average, indicating growing confidence in the cryptocurrency. A smart whale has profited from Bitcoin trades and recently added 200 more BTC to its portfolio. Fibonacci retracement levels suggest key price areas for potential market movements, with resistance at $63,285 and $62,318, and support at $59,920, $54,107, and $49,757. The MACD indicator shows a bullish trend forming. Meanwhile, asset manager BlackRock sold some of its Bitcoin holdings but increased its Ethereum holdings, possibly indicating growing confidence in Ethereum's future prospects. Analysts have varying interpretations of BlackRock's actions.



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