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Bitcoin at $106K: Still a Good Buy?

A prominent crypto lawyer, John Deaton, is betting big on Bitcoin, even with its price near $106,000. He’s incredibly bullish, having invested 80% of his net worth in BTC at an average price well below $25,000. He believes the potential for further gains outweighs the risks. Deaton’s Bold Bitcoin Strategy Deaton thinks buying Bitcoin at…

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Bitcoin’s Bull Run: Is This Just the Beginning?

Bitcoin is on a roll! The weekly chart is looking incredibly strong, with the price comfortably above key average prices. All the signs point to continued growth, suggesting this rally could be just the start of something much bigger. Bitcoin’s Strong Performance A recent analysis showed Bitcoin’s amazing performance, closing the week at a whopping…

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Bitcoin’s Next Move: A Potential Crash?

Bitcoin’s price has been soaring, thanks to institutional investors. It even hit a record high above $111,900! But one analyst thinks the party’s over. The Elliot Wave Theory Predicts a Drop This analyst uses the Elliot Wave Theory, a way to predict price movements by looking at chart patterns. The theory says a five-wave pattern…

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Bitcoin’s Long-Term Holders are HODLing Strong

Bitcoin’s price is climbing again, hitting over $106,000. This isn’t just good news for everyone; it’s especially great for long-term Bitcoin holders (LTHs). Their profits are soaring, as shown by a huge jump in their “realized capitalization.” Long-Term Holders are Making Bank After a small dip, Bitcoin’s price has bounced back strongly. Market expert Kyle…

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Cardano’s Midnight Launch: A Huge Economic Event?

Charles Hoskinson, the founder of Cardano, recently announced that Midnight, a new privacy-focused sidechain, will be a game-changer for the Cardano network. He claims it will be the biggest economic event in Cardano’s history. The Midnight Launch Hoskinson stated that Midnight’s token generation event (TGE) and foundation launch are happening this month and next. A…

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Cathie Wood’s Bullish Bitcoin Prediction

Cathie Wood, CEO of ARK Invest, is betting big on Bitcoin. She believes Bitcoin’s recent performance against gold signals a broader “risk-on” market trend. Bitcoin’s Strength Against Gold Wood highlighted a Bitcoin-to-gold chart, pointing out its continued uptrend. She attributes this to Bitcoin’s resilience (“anti-fragile” nature) in recent turbulent times. She thinks the stock market…

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