Bitcoin’s Upward Trend Continues, But Beware the Catch

Cryptocurrency analyst Kevin Svenson believes Bitcoin (BTC) is still on an upward trajectory, despite recent setbacks. Exponential Trend Intact According to Svenson, as long as Bitcoin holds above the $50,000 support level, the parabolic trend remains intact. He explains that Bitcoin’s lows are currently exponential, indicating a continued upward trajectory. Cautionary Note However, Svenson warns…

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What Happens if Bitcoin Falls Below $58,000?

Analyst’s Insights Crypto Rover, a crypto analyst, predicts that if Bitcoin drops below $58,000, it could signal a breakdown. However, he believes there’s enough liquidity in the market to help Bitcoin recover above $60,000. Optimism for Recovery Rover remains optimistic about Bitcoin’s recovery, stating that he would buy long positions if it drops between $57,000…

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Bitcoin’s Bold Future: $455,000 Prediction

Post-Halving Surge Crypto expert Collin Brown predicts a massive rally for Bitcoin after the upcoming Halving event. This event, scheduled within the next 48 hours, will reduce the reward for mining Bitcoin blocks by half, from 6.25 BTC to 3.125 BTC. Brown believes that this Halving will trigger a similar growth pattern to the previous…

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Whale Sells $1 Billion in Bitcoin on Binance

Massive Sell-Off The Bitcoin market has been battered by heavy selling pressure in recent weeks. Amidst the turmoil, a colossal Bitcoin transaction has sent shockwaves through the market. Whale Dumps $1 Billion Whale tracker Whale Alert reported a massive Bitcoin transaction involving 16,276 BTC, worth approximately $1 billion. Such large transactions are not uncommon, but…

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Bitcoin Stays Strong Despite No Rate Cuts

Despite rising inflation and fewer expected rate cuts from the Federal Reserve, Bitcoin remains positive. No Rate Cuts, No Problem The bond market now expects only three rate cuts this year, down from six. This shows that the market doesn’t think the Fed can control inflation. Fed’s Rate Hikes May Be Stimulating the Economy A…

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Shiba Inu’s Future: Supercycle Still Possible

Despite recent price drops, Shiba Inu marketing team member Lucie remains optimistic about the cryptocurrency’s long-term prospects. Historical Market Trends Lucie analyzed Bitcoin’s historical price movements and found similarities to Shiba Inu’s current situation. In the past, Bitcoin experienced bottom and re-accumulation phases before entering bull markets. Shiba Inu’s Potential Based on these trends, Lucie…

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