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Bitcoin Hits a New High! But Volatility Cannot Be Ignored, Investment Needs CautionOn the evening of October 15th, Beijing time, Bitcoin price broke through $67,000 per coin, reaching its highest record since July 30th. As of 7:47 PM on October 16th, Bitcoin price has risen to $68,400 per coin, with a 24-hour increase of 4

Bitcoin Breaks $68,000: After the Euphoria, What Lies Ahead?Bitcoin's recent surge past the $68,000 mark has sparked widespread attention and heated discussions about its future trajectory. Is this price rally a fleeting phenomenon or a continuation of the bull market? Let's delve into Bitcoin's recent performance and its underlying drivers to gain insights into potential future developments

Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions UpBitcoin (BTC)In the article published on the 15th, we noted that Bitcoin was inside a triangle convergence zone. To continue its upward trend, it had to break through the upper resistance level of the triangle at $67,200

The Best Strategy to Avoid "Crypto Scams": Rational Dollar-Cost Averaging and Embracing the Bitcoin CycleOn my way back from a business trip yesterday, I had a conversation with a colleague about cryptocurrencies. He told me he was dollar-cost averaging, but not in Bitcoin, instead, he was investing in other "altcoins" that seemed promising

Will Bitcoin Break $70,000 in October? The "Jumping Dragon Strategy" Tells You the Answer!Recently, the price of Bitcoin has been steadily rising, sparking much discussion in the market. Many believe this is merely a rebound within the bear market and will ultimately decline

Is Bitcoin About to Break Its All-Time High? The Overlooked Yen Depreciation Trend May Be the Key CatalystDespite gold and the S&P 500 recently hitting all-time highs, Bitcoin has yet to keep pace, remaining below its historical peak. However, an overlooked catalyst in the marketthe ongoing yen depreciation trendmay be signaling a breakout for Bitcoin

Bitcoin and Ethereum 4H Analysis: Opportunities Amidst Volatility, Wait for Clear Signals!Bitcoin surged upwards again last night, reaching a high of $68,400. It is currently consolidating in the flag's upper boundary area

BTC Hits New High, Faces Resistance, ETH Consolidates, SOL Eyes $165, TON Lags BehindBitcoin (BTC) broke through its previous high of $66,500 this morning, hitting a new high for this phase but still remains within a triangular convergence area. The upper resistance level is at $67,200

Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish SentimentAn analyst says the weighted perpetual futures funding rate for Bitcoin open interest (OI) has reached its highest level in months, suggesting potential bullish sentiment for the short-to-medium term. The current weighted funding rate for OI is at 0

History Repeating Itself: Can Dogecoin Ride Bitcoin's Wave Again?Dogecoin (DOGE) has recently demonstrated a strong upward trend, with its active trader count reaching an all-time high and on-chain data revealing its potential for gains. Does this recent surge signal a potential repetition of Dogecoin's past performance, where it mirrored Bitcoin's price movements and experienced significant growth?Dogecoin Trading Volume and Active Trader Count SurgeFollowing its peak of $0

Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction SpeedsIn a recent blog post, Ethereum co-founder Vitalik Buterin explored several potential improvements to Ethereum's Proof-of-Stake model, aiming to reduce network usage costs and enhance overall speed. He argued that the current 32 ETH staking threshold hinders wider participation and proposed lowering it to 1 ETH

Ethereum Price Surge: Historical Pattern Points to Potential New Highs?The cryptocurrency market has recently exhibited strong momentum, with Bitcoins robust rebound leading a shift in market sentiment. As the second-largest cryptocurrency, Ethereum has also shown signs of recovery, with its price surging nearly 5% in the last 24 hours, up about 10% from its recent lows, suggesting that the market may be at a crucial turning point