The cryptocurrency market is currently experiencing a phase marked by considerable greed. Bitcoin achieved a remarkable milestone by surging to a new all-time high of $72.2K. This achievement has positioned all Bitcoin participants in profit territory, fueling expectations of further upward movement in the currency’s value. However, amidst this exuberance, …
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Bitcoin’s volatility takes center stage as the BlackRock iShares Bitcoin ETF (IBIT) outpaces MicroStrategy’s impressive holdings, marking a seismic shift in the cryptocurrency landscape. MicroStrategy Trails As BlackRock Leads The Charge BlackRock’s iShares Bitcoin ETF (IBIT) has swiftly overtaken MicroStrategy in the race for Bitcoin supremacy. In just under two …
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TL;DR BTC reached a new peak of $70,000 but faced volatility, with expectations of further growth due to the upcoming halving event. Shiba Inu (SHIB) experienced a 240% price surge, highlighting the meme coin sector’s rapid growth but also its volatility. Ripple (XRP) is on the verge of an adoption …
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TL;DR Achieving a $100,000 Bitcoin price is speculative, influenced by regulatory and technological changes, along with market sentiment and investor actions. The current rally is seen as more stable, supported by the introduction of spot BTC ETFs, adoption by countries like El Salvador, and the anticipation of the halving event, …
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Bitcoin has achieved a significant milestone by reaching its all-time high of $69K after 847 days, reflecting a notable surge in confidence within the cryptocurrency market. However, this achievement is accompanied by expectations of heightened volatility in the mid-term, leading to the liquidation of numerous futures market positions. Technical Analysis …
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The cryptocurrency market is currently gripped by a sense of greed, evidenced by Bitcoin’s impressive bullish run, nearing its historical peak of $69K. However, given the substantial supply clustered around this crucial threshold, the potential for corrective movements cannot be overlooked. Technical Analysis By Shayan The Weekly Chart A comprehensive …
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The availability of Bitcoin (BTC) on Over-the-Counter (OTC) desks has sharply decreased, with reports suggesting that at one point, only about 40 BTC were available for sale. This news has significant implications for the market and could herald a new era in BTC trading dynamics. OTC Desks Had 40 Bitcoin …
Read More »Bitcoin continues to prove its worth as the ultimate store of value, gaining widespread adoption in hundreds of countries globally. This pioneer cryptocurrency has successfully surpassed previous records to achieve new all-time highs in 14 different countries grappling with economic and financial crises. Bitcoin Peaks In 14 Nations In a …
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TL;DR Bitcoin’s price recently soared above $56,000, with predictions suggesting a further surge to new all-time highs due to the halving event and investor sentiment. Bullish market indicators, such as negative exchange netflows and rising futures open interest, hint at increased confidence and trading activity in BTC. BTC’s Odds to …
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Bitcoin (BTC) has witnessed a remarkable ascent, surpassing the $57,000 mark and recording a year-to-date surge of over 142%. The cryptocurrency’s market capitalization has also surged towards $1.14 billion, reaching levels not seen since December 2021. With the previous all-time high (ATH) of $69,000 within sight, the bullish sentiment surrounding …
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Bitcoin has once again surged impulsively, defying several bearish signals hinting at a potential correction phase. Despite these warnings, the price has broken through a significant resistance level that has persisted over multiple months, signaling a strong presence of buyers in the market and the potential for the continuation of …
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Bitcoin’s price has entered a sideways consolidation phase following a notable surge toward the $52K resistance level, leaving market participants uncertain about its next direction. However, a short-term correction seems likely. Technical Analysis By Shayan The Daily Chart Analysis of the daily chart reveals a prolonged bull market for Bitcoin, …
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