Bitcoin’s Next Big Move: $113,000?

A crypto analyst, Trader Tardigrade, predicts a massive Bitcoin price surge. Their analysis points to a potential price of $113,000. The Bullish Pennant Trader Tardigrade spotted a “bullish pennant” on the Bitcoin chart. This pattern usually means a price increase after a short period of consolidation. They believe Bitcoin is currently consolidating before a significant…

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Is Bitcoin’s Amazing Run About to End?

Bitcoin’s price has skyrocketed recently, hitting a new all-time high. But is this party about to end? One analyst thinks so. Profit Taking Warning Signs Crypto analyst Amr Taha is raising some red flags. He’s looking at something called the Bitcoin MVRV ratio. This ratio basically tells us if Bitcoin is overvalued or undervalued. A…

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Bitcoin’s Big Push: Breaking $93,000?

Bitcoin is making a comeback, surging towards its previous peak of $93,257! Traders are buzzing with excitement. Bitcoin’s Bullish Run After a period of calm, Bitcoin’s price is showing strong upward momentum. It’s currently holding above the 100-day moving average (SMA) on the 4-hour chart – a really good sign. It successfully avoided falling below…

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Bitcoin Could Hit $100,000: Here’s Why

Bitcoin’s been on a tear lately, hitting record highs in just a few days. While Trump’s election win might have started the party, Bitcoin’s rise seems unstoppable. But will it keep going? Some think the rally’s over, but CryptoQuant, a big name in blockchain analytics, says Bitcoin still has plenty of room to grow. Four…

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Bitcoin’s Price Dip: What’s the Deal?

Bitcoin’s price took a bit of a tumble, and trading volume dropped significantly – about 27%! What does this mean for Bitcoin’s future? Let’s dive in. A Big Price and Volume Drop According to CoinMarketCap, Bitcoin’s daily trading volume plummeted to $85.89 billion, a massive 26.46% decrease. At the same time, the price dipped below…

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Bitcoin’s New High: A Fair Value Reset?

Bitcoin has been on a tear lately, climbing over 30% since the US election. It even surpassed its previous all-time high, hitting new highs almost every day for a week. A Bullish Run Fueled by New Demand Analysts at Bitfinex say the market is holding steady despite the increased speculation. They believe the recent rally…

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