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Bitcoin in focus as bulls fight key technical level

Original: bitcoin

Bitcoin is drawing heavy attention as traders track a battle at a key anchored VWAP confluence, with the Bitcoin-versus-Nasdaq signal flipping bullish and Glassnode data showing BTC again outperforming the S&P 500. Meanwhile, Michael Saylor's Strategy revealed a $3 billion bitcoin credit bet, crypto firms like Coinbase and Ripple are pouring millions into midterm elections, and a popular crypto stock beat Q3 earnings estimates.

Why now: Fresh bullish technical signals, large corporate bitcoin moves and crypto's growing political spending are converging to drive renewed interest in bitcoin's price direction.

BitcoinMichael SaylorStrategyCoinbaseGlassnode

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