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Bitcoin News
Bitcoinist
1M
96
Bitcoin MVRV Points To Bullish Breakout Under Key Condition
- Bitcoin closed the past week with a 4.07% price gain.
- Bitcoin MVRV ratio needs to close above its 90-day moving average for a bullish trend.
- Opening $2 billion BTC futures contracts increases long-squeeze risk.
- Bitcoin's current price is $62,875 with a 1.59% loss in the past day.
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5 Likes
Newsbtc
1M
215
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BONK Bulls Take Over: Upside Momentum Builds After Pullback
- BONK is showing signs of renewed strength as bullish momentum builds.
- Traders are eyeing a potential upside breakout, with clear targets.
- Technical indicators suggest signs of bullish momentum building.
- Key resistance levels for BONK to watch include $0.00002320 and $0.00002962.
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12 Likes
Bitcoinist
1M
393
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Bitcoin Volatility Still Low Compared To Past Cycle: Is BTC Ready To Hit ATH In 2024?
- Bitcoin's volatility remains low compared to past cycles despite recent price gains.
- Low volatility could indicate a period of consolidation before a significant breakout.
- Bitcoin's surge is sparked by the Federal Reserve's interest rate cut.
- BTC price testing key liquidity levels, with $60,000 support critical for sustaining bullish momentum.
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23 Likes
Zycrypto
1M
119
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Rich Dad Poor Dad Author Tells Us Why Bitcoin Will See $500,000 Next Year
- Robert Kiyosaki, author of “Rich Dad Poor Dad,” predicts that Bitcoin could reach $500,000 in 2025 and $1 million by 2030 due to the impact of AI on the finance sector.
- Kiyosaki believes that AI will shake up the world of money and sees Bitcoin as a safe-haven asset in the changing financial landscape.
- He advises investing in Bitcoin and other tangible assets like gold and silver to protect against the declining value of the US dollar.
- Kiyosaki's predictions should be taken with caution, considering his controversial history and scandals surrounding his financial education company.
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7 Likes
Newsbtc
1M
219
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Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell
- Crypto analyst Ali Martinez warns investors to book profits as Bitcoin rallies.
- Bitcoin's recent surge may be reaching a critical point, with a potential price correction indicated near the $63,700 level.
- The TD Sequential indicator, which previously signaled a buy at $57,400, is now suggesting a possible pullback.
- Bitcoin's ability to break above the 200-day SMA and upcoming market dynamics will determine the future direction of its price.
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13 Likes
Stackexchange
1M
393
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REMOTE CYBAR RECOVERY! LOST BITCOIN RECOVERY EXPERT
- REMOTE CYBAR RECOVERY helped recover $760,000 worth of stolen Bitcoin.
- The company was recommended by someone who had successfully recovered their own digital wallet.
- REMOTE CYBAR RECOVERY demonstrated professionalism and expertise throughout the process.
- They successfully recovered the stolen funds within 4 days.
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23 Likes
Zycrypto
1M
361
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Bitcoin On Cusp Of Ultimate Price Eruption As SEC Greenlights Options Trading On BlackRock’s Spot BTC ETF
- The SEC has approved the listing and trading of options for BlackRock's spot Bitcoin ETF.
- This approval allows traditional investors to trade BTC-based options through a regulated financial product.
- The SEC's approval is expected to attract more liquidity and institutional adoption of Bitcoin.
- The approval signifies further integration of Bitcoin into the mainstream financial system.
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21 Likes
TheNewsCrypto
1M
174
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Bitcoin Price Likely to Face Correction Following Recent Surge
- Bitcoin price has surged over the past ten days, adding about $10,000.
- Social measures imply that a correction in the cryptocurrency market is likely.
- Following the Federal Reserve's decision to cut interest rates, Bitcoin rallied to a three-week high but is currently trading at around $63,000.
- Data suggests that FOMO and large price gains often lead to corrections in the cryptocurrency market.
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10 Likes
Zycrypto
1M
137
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Kamala Harris Election Win More Bullish For Bitcoin Than Trump, Says VanEck Analysts
- VanEck analysts believe that a Kamala Harris presidency would be more bullish for Bitcoin than a second term for Trump.
- They argue that a Harris win would accelerate the structural issues driving Bitcoin adoption and make it more competitive compared to other digital assets.
- They also state that a Trump presidency would be generally bullish for the entire crypto ecosystem due to expected deregulation and business-friendly policies.
- Regardless of the election outcome, analysts predict that growing fiscal deficits and rising national debt will weaken the U.S. dollar and create a macroeconomic environment in which Bitcoin can thrive.
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8 Likes
Newsbtc
1M
256
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Crypto Whales Buy $228 Million In XRP Following $5 Price Prediction
- XRP whales have acquired $228 million worth of the cryptocurrency in a few days, defying the uninspiring price movements.
- The surge in XRP acquisitions follows the launch of the Grayscale XRP Trust and an optimistic price prediction of $5 in the next six to ten months.
- Large-scale investors holding 10 million to 100 million XRP tokens added about $288 million worth of XRP tokens to their balance.
- Despite increased whale activity, XRP's price has struggled to break above $0.60, while other major cryptocurrencies experienced notable gains.
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15 Likes
Bitcoinist
1M
187
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VanEck Predicts Greater Bitcoin Adoption With Harris Over Trump’s Potential 2nd Term
- Bitcoin's fundamentals and adoption trends have been examined by asset manager and crypto ETF issuer VanEck.
- Bitcoin's price has surged by 124% over the past year, outperforming major asset classes.
- Bitcoin's adoption dynamics have shifted, with a decrease in retail transactions and an increase in institutional use for storage and transfer of value.
- The Federal Reserve's monetary policy and the outcome of the US presidential election will impact Bitcoin's future.
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11 Likes
Coinpedia
1M
109
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Bitcoin Price Prediction: Here are the Crucial Levels to Monitor Before the End of Bearish September
- After reaching new monthly highs at $64,000, the Bitcoin price is consolidating within a bearish descending channel.
- There is a possibility of a bullish upswing if the BTC price breaks above the resistance zone around $64,500 to $65,000.
- The upcoming weekend is expected to be decisive for the Bitcoin price movement.
- A sustained rise above $65,000 by the end of September may signal a significant upswing in October.
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6 Likes
TheNewsCrypto
1M
183
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El Salvador President Engages with Elon Musk on AI and Technology
- El Salvador has accumulated over 5,800 Bitcoins, profiting over $31 million.
- President Nayib Bukele engages with Elon Musk on AI and technology.
- El Salvador is actively exploring advancements in AI and technology to decrease reliance on the U.S. dollar.
- El Salvador's innovative approach with Bitcoin and collaboration with tech visionaries may pave the way for future innovations in the digital economy.
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11 Likes
TronWeekly
1M
178
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Bitcoin Dominance Rises with ETF Inflows While Ethereum Hits 40-Month Low
- Bitcoin surges to $63,000, while Ethereum hits a 40-month low against Bitcoin.
- Investor preference for Bitcoin over Ethereum is reflected in Bitcoin ETF inflows and Ether ETF outflows.
- Bitcoin's dominance reaches 73% of total capitalization, while ETH/BTC ratio falls below 0.04.
- Stablecoins gain market share, with USDT and USDC leading the growth.
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10 Likes
Bitcoinist
1M
251
Image Credit: Bitcoinist
Bitcoin Coinbase Premium Turns Deep Red: What Does It Mean?
- The Bitcoin Coinbase Premium Gap has turned negative recently.
- The Coinbase Premium Gap indicates the difference in Bitcoin prices listed on Coinbase and Binance.
- A negative Coinbase Premium Gap suggests lower buying pressure on Coinbase compared to Binance.
- The negative spike in the Coinbase Premium Gap could potentially indicate selling from US-based institutional investors.
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15 Likes
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