July 24, 2024
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According to PlanB, the bear market is almost over, and Bitcoin (BTC) is in a buying range

The bear market is almost finished, according to PlanB, the inventor of the stock-to-flow (S2F) model. He is upbeat because periods with the Realized Price Moving Average (RPMA) 1 and the Relative Strength Index (RSI) 50 have traditionally been excellent buying opportunities. PlanB, on the other hand, believes that RPMA and RSI will take some

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If this pattern holds, Bitcoin might fall to $26,000

According to a recent Bloomberg story, the price of Bitcoin might plummet to as low as $26,000 if a “bearish flag” technical pattern plays out. On Monday, the largest cryptocurrency had a difficult start to the week, falling below $40,000 for the first time since mid-May. According to Coinglass, $439 million worth of cryptocurrencies were

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To start off Bitcoin 2022, the mayor unveils a ‘Miami Bull’ statue with laser eyes

Miami Mayor Francis Suarez erected a laser-eyed bull statue to commemorate the start of the Bitcoin 2022 conference, symbolizing Miami’s self-proclaimed status as the “world’s capital of crypto.” According to the official website, the statue is a 3,000-pound robotic-looking bull in the style of the Charging Bull of Wall Street. So, Tradestation, a Florida-based finance

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Cryptocurrency interest has dropped by 80% in the United States, according to Google Trends data

In March 2022, interest in cryptocurrency fell to fresh all-time lows in the United States. The data from Google Trends reveals that citizens of the United States’ interest in cryptocurrencies has decreased in 2022. The quantity of search interests in cryptocurrencies over time is expressed as a percentage of a point ranging from 0 to

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In MINA, a channel breakout could help the recovery rally

Within the falling parallel channel pattern, the MINA price has gradually decreased over the last three months as the reports data shows. On March 13th, the downtrend made its most recent lower low at $1.6. However, the altcoin began to rise again as bullish momentum increased, and it breached the pattern’s resistance trend line. Also,

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The Long Bearish Streak in Bitcoin Has a Silver Lining

Bitcoin bulls have been unable to gain much ground in recent months, but this extended period of sluggish price action has some market experts optimistic about the future of the world’s largest cryptocurrency. Because Bitcoin has stuck below its 200-day moving average, Jake Gordon, an analyst at Bespoke Investment Group, believes it is close to

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Bitcoin ($BTC) price returns to $43K, Massive for the new week

Bitcoin (BTC) is battling back this week, with the weekly close bolstering bulls’ cause and wiping out several weeks of losses – can it keep going higher? Following the weekend challenge of $42,000, there was a cautious air of hope as higher levels remained in play. On Sunday, a new surge began, with overnight gains

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As Bitcoin rises 10%, over 70,000 “bears” are liquidated for $270 million

Following the worst start to a year since the crypto winter of 2018, Bitcoin’s (BTC) price is showing signs of recovery. Notably, the price of the leading digital assets has risen from $33,000 at the end of January to over $41,000 as of February 5. So, as some analysts projected that certain market indicators were

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According to analyst Justin Bennett, the crypto bull market isn’t over yet

According to Justin Bennett, a cryptocurrency analyst, market breakdowns don’t always happen when everyone expects them to. Bennett informs his 97,800 Twitter followers that the crypto bull market is still alive and well, but that a correction is months away. “I don’t think the crypto bull market has ended. Markets don’t crash when everyone expects

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Nicholas Merten Describes When Bitcoin Will Rally to $200,000

Popular crypto researcher Nicholas Merten has predicted that Bitcoin’s price might quadruple to $200,000 in the near future. In a recent video, DataDash, the host of the crypto channel, informs his 488,000 followers that Bitcoin will hit $200,000 by the end of 2022. “We can see with the expanding cycle theory, where we’re expanding by

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