Prita Ghozie

Bitcoin Might Be Bottoming Out, Says Analyst

A crypto analyst who correctly predicted Bitcoin’s price drop earlier this year thinks BTC is nearing its lowest point. Oversold RSI Signals Potential Reversal Rekt Capital, a popular analyst with over 500,000 followers on X (formerly Twitter), points to Bitcoin’s Relative Strength Index (RSI). The RSI is a technical indicator that often signals potential trend…

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Bitcoin vs. Central Banks: A High-Stakes Game

Bitcoin’s price has been a rollercoaster lately. Recent Price Drop and Market Concerns Over the weekend, Bitcoin dropped 5%, briefly dipping below $80,000 before recovering slightly to around $82,000. This is about 25% down from its all-time high. Analysts blame trade tensions and recession fears for the downturn. The Weakening Dollar and Bitcoin’s Potential Interestingly,…

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Dogecoin Takes a Dive: What Happened?

Dogecoin’s price took a significant hit, dropping over 12% in just one day. This downturn has left many wondering what caused such a sudden fall. The White House Summit and Market Sentiment The recent White House Crypto Summit seems to be a major contributing factor. While highly anticipated, the summit apparently failed to deliver the…

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Bitcoin: The New Gold Rush?

Last week was huge for crypto! We saw the creation of a Strategic Bitcoin Reserve (SBR) and a Digital Asset Stockpile (DAS), the appointment of a Crypto Czar (David Sacks), and the first-ever Crypto Summit. You’d think Bitcoin would have soared, right? Nope. It actually dropped $5,000. Why the dip? Short-Term Thinking? Some people were…

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