Tag: Analysis

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Bitcoin Price Prediction: Will it Drop Below $50K?

Renowned trader Peter Brandt recently shared his insights on the potential market movements of Bitcoin, foreseeing a challenging period followed by a significant rally. His analysis suggests that if Bitcoin drops below the $65,000...
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Bitcoin Price Prediction: Chart Signals Record Highs Above $73K

Bitcoin's price has been on the rise, with signals pointing towards potential record highs above $73,000. The three-line break chart indicates a bullish resolution of the seven-month-long corrective trend, suggesting a move to new...
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Kamala Harris’ Impact on Crypto in the 2020 Election: Analysis and Implications

Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the...
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Bitcoin Price Stalls Below $60k as Poodlana Presale Launches in 5 Days

Bitcoin Price Stalls Below $60k as Poodlana Presale Launches in 5 DaysBTC saw a rise above $59k on Thursday but has since dropped back down as the market did not take advantage of yesterday's...
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DOE Crypto Mining Survey: Industry Perspectives on Controversial Take Two

The U.S. Department of Energy (DOE) is gearing up to retry its efforts to survey crypto mining companies about their energy usage after facing legal challenges. This time around, the department is seeking input...
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Bitcoin Price Analysis: 4 Consecutive Weekly Declines Spark Memories of 2017 Bull Market

Bitcoin has been on a rollercoaster ride in recent weeks, experiencing four consecutive weekly declines that have sparked memories of the 2017 bull market. This recent decline, which saw an 11% correction in the...
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Predicted Timeline for Bitcoin Price to Reach Peak Cycle Levels

Bitcoin investors have been eagerly awaiting the predicted timeline for the cryptocurrency to reach peak cycle levels. Crypto analyst Rekt Capital has shared insights on when Bitcoin could hit its cycle highs, reassuring investors...
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Is Bitcoin Near Bottom? Analysts Identify Signs of Capitulation as Prices Drop Below $58K

Samuel Edyme, also known as HIM-buktu, is a versatile web3 content writer, journalist, and aspiring trader. With a talent for words and a keen eye for trends, Edyme has written for various industry players,...
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Unpacking the $7 Billion Drop in Bitcoin’s Open Interest

Bitcoin's open interest has recently taken a hit, dropping by $7 billion in just one month. This decline in notional open interest has coincided with a 14% decrease in the price of Bitcoin in...
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Bitcoin Trading Volumes Stagnate, Market in Wait-and-See Mode

Bitcoin trading volumes have hit a standstill, leaving the market in a state of uncertainty. The amount of Bitcoin being transferred has remained low, indicating a lack of clear direction in the market. By...