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Cryptopotato

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The Big Bitcoin Miracle: MicroStrategy (MSTR) Price Soars to an All-Time High

  • Shares of MicroStrategy (MSTR) hit an all-time high as Bitcoin's rally continues.
  • MSTR opened at $296 per share, a 10% increase from the previous day.
  • MicroStrategy's pivot to Bitcoin has led to a significant increase in its stock value.
  • The company's market cap is now close to 3X the value of BTC on its balance sheet.

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Cryptopotato

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Bitcoin Price 13.6% Away From $100K, Bullish Odds on Polymarket Soar

  • Bitcoin's price is approaching $100K, currently trading at $88,000.
  • CNBC analysts predicted Bitcoin's price to reach $100K by the end of the year.
  • Polymarket, a popular crypto prediction platform, has soaring odds on Bitcoin reaching $100K.
  • Liquidations in the derivatives market have exceeded $120 million in the past 4 hours.

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Coinjournal

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Bitcoin breaks $87k; here’s what this analyst says about BTC price

  • Bitcoin hits a new high above $87,000 and analysts predict it could surpass $100,000.
  • Crypto analyst Kaleo suggests a brief consolidation around $90,000 before a potential push beyond $100,000.
  • Long-term projections indicate a super bullish outlook for Bitcoin, with a potential rally to $150,000.
  • Analyst believes the fun in this bull market is just getting started.

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Zycrypto

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Bitcoin Price To Hit $125,000 This Year, Supported by Bayesian Analysis

  • Bitcoin's surge has led to the liquidation of nearly $700 million in leveraged positions, mostly affecting long positions.
  • Veteran trader Peter Brandt predicts that Bitcoin could reach $125,000 by the end of the year based on Bayesian probability analysis.
  • Bitcoin has entered a new price discovery phase after surpassing $80,000, with multiple analysts setting ambitious price targets ranging from $100,000 to $150,000.
  • Analysts warn of a potential short-term correction around $84,000 to $85,000, but overall bullish indicators and strong market metrics support the projection of higher Bitcoin prices.

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Bitcoinist

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Dogecoin Completes Critical Textbook Golden Cross, Here’s What The Short-Term Holds

  • Dogecoin has completed a Textbook Golden Cross pattern on the weekly timeframe, indicating a potential persistent upward momentum.
  • The completion of the Textbook Golden Cross pattern is supported by the 50-day SMA crossing above the 200-day SMA, signaling higher prices are likely.
  • Investors are closely watching Dogecoin's next move as the completion of the golden cross pattern could lead to a significant rally, although a short-term price correction is possible.
  • Dogecoin's price action looks promising, with the meme coin retesting the $0.28 level and the potential to hit the $0.50 level or its previous all-time high of $0.73.

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Bitcoinmagazine

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The Race Is On To Frontrun The U.S. Government

  • Donald Trump, the soon-to-be 47th President of the United States, aims to make the U.S. government buy Bitcoin.
  • Passing the Strategic Bitcoin Reserve Legislation 2024 will require an act of Congress and may be time-consuming.
  • Other nation-states may frontrun the U.S. government in accumulating Bitcoin.
  • Another nation-state is considering creating a Bitcoin strategic reserve and drafting Bitcoin mining regulations.

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Newsbtc

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Bitcoin Data Reveals Bulls Are Growing But Still Behind March 2024 Peak – Details

  • Bitcoin has broken all-time highs, surpassing $82,000 and capturing the attention of bullish investors.
  • CryptoQuant data reveals that Bitcoin is still below its March 2024 peak, indicating potential for further gains.
  • The current rally lacks the frenzied demand seen in March, suggesting that this surge may be just the beginning of Bitcoin's upward trajectory.
  • Bitcoin recently set a new all-time high, but a potential pullback to $77,000 could be on the horizon.

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Coin Telegraph

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Investors see crypto markets peaking in H2 2025: Survey

  • Investors expect cryptocurrency's bull run to continue into 2025 and peak in the second half of the year.
  • Nearly half of investors anticipate a market top in the second half of 2025, according to a survey by MV Global involving 77 large cryptocurrency investors.
  • Bitcoin is expected to top somewhere between $100,000 and $150,000 per coin.
  • Investors are especially bullish on Solana, with 30% predicting a peak of more than $600 before the end of the cycle.
  • Sentiment on Ether is mixed, with one-third expecting modest gains and another third seeing it hitting up to $7,000 before the end of the market cycle.

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Bitcoinmagazine

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Thank You Donald Trump for Bitcoin's All-Time High

  • Bitcoin's price reaches all-time high thanks to Trump's election win.
  • Trump's proposed policies favored Bitcoin, leading to a 22% price increase.
  • Trump's support for Bitcoin innovation and establishment of a Strategic Bitcoin Reserve are positive for the industry.
  • Ross Ulbricht is expected to be released under Trump's presidency.

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NullTX

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BITCOIN PRICE ANALYSIS & PREDICTION (November 11) – Bitcoin Prints New High After A Major Break Out, Is $90k Next Stop?

  • Bitcoin's price reaches a new all-time high at $81,846.
  • Expectations of further breakouts and bullish momentum in the market.
  • Key resistance levels to watch are $85,000 and $90,000.
  • Potential pullback levels are $77,200, $73,777, and $70,080.

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Bitcoinist

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Bitcoin Breaks $82,000: Who Is Driving The Market?

  • The Bitcoin Coinbase Premium Gap, which measures the price difference between Coinbase and Binance, indicates the market dynamics behind the recent bullish price action.
  • Positive values suggest higher buying pressure on Coinbase, driven by American investors and institutional entities, while negative values indicate a higher buying pressure on Binance.
  • Sporadic negative spikes in the Premium Gap preceded upward movements in Bitcoin's price, highlighting the influence of buying activity on Binance.
  • Bitcoin briefly reached a new all-time high above $82,000 before experiencing a minor pullback to $81,900.

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Newsbtc

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Dogwifhat (WIF) Price Set To Skyrocket 2,500%, Predicts Renowned Economist

  • Renowned economist predicts a massive 2,500% price surge for Dogwifhat (WIF) memecoin.
  • Technical analysis by Henrik Zeberg indicates a rally potential up to $78 for WIF.
  • Zeberg identifies a larger ABC corrective pattern and a series of smaller subwaves driving the price surge.
  • Projected milestones include targets of $6.3 by end of week, $13-$15 by late November, and a potential target of $78.

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Coin Telegraph

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Hive Digital buys 6,500 ASICs, starts Paraguay construction

  • Bitcoin miner Hive Digital is upgrading its infrastructure and starting construction in Paraguay.
  • Hive Digital has purchased 6,500 Canaan Avalon A1566 ASICs for delivery between December 2021 and March 2025.
  • Delivery of the first 500 ASICs has been completed, with four more shipments expected in the coming years.
  • The new ASICs will increase Hive Digital's hashrate to 6 EH/s by March 2025 and 8 EH/s by the end of the second quarter.

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Silicon

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Bitcoin Rises Above $84,000 On US Election Optimism

  • Bitcoin price rises above $84,000 as investors bet incoming US government will implement crypto-friendly policies
  • Bitcoin has more than doubled in price from about $37,000 a year ago.
  • Donald Trump spoke positively about cryptocurrencies during his election campaign, suggesting creating a "strategic national Bitcoin stockpile".
  • Investors are optimistic that incoming US government will cut business taxes and relax regulations, leading to a market rally in stocks like Coinbase, Binance, Microstrategy, Nvidia, and Tesla.

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Zycrypto

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Trillion-Dollar Push Comes For Bitcoin After Microstrategy Boosts Bitcoin Portfolio With $2 Billion Buy

  • MicroStrategy adds 27,200 Bitcoins to its balance sheet, valued at $2.03 billion.
  • MicroStrategy now holds a total of 279,420 BTC, valued at $22.87 billion.
  • Bitcoin surpasses $82,000 following Donald Trump's election victory.
  • MicroStrategy's stock rises 10.78% in premarket trading upon announcement.

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