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Bitcoin Price Plunges to $40,600: TD Sequence Signals Potential Pullback
Bitcoin Price Plunges to $40,600: TD Sequence Signals Potential PullbackAn analyst has explained why Bitcoin could be headed for a decline to $40,600, based on a pattern appearing on the cryptocurrency's two-month chart. The pattern, known as the Tom Demark (TD) Sequence, is sending a sell signal, suggesting that Bitcoin has likely reached a peak
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Bitcoin Drops Back to $58,000, Remains Subdued, But Upward Momentum Could Emerge Next Week
Bitcoin Drops Back to $58,000, Remains Subdued, But Upward Momentum Could Emerge Next WeekAugust has been a rough month for the world's largest cryptocurrency, with Bitcoin poised to end the month with a double-digit percentage decline. As of August 30th (CoinDesk), Bitcoin prices continued to trade sideways or move lower, down 12% for the month
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Binance's "Sleight of Hand": BNB Buyback Rule Change, Can Retail Investors Still Buy In?
Binance's "Sleight of Hand": BNB Buyback Rule Change, Can Retail Investors Still Buy In?Recently, the crypto world was once again ignited by a "bickering" war, with the protagonists being Huobi, Binance, and OK, the three major exchanges. The trigger for this war was Binance's announcement on July 12th, stating that it had completed its eighth platform token BNB buyback and burn, and announced that it would prioritize burning the BNB held by the team in the future
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Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for Breakout
Bitcoin Pullback Remains Within Expectations, Ethereum Consolidates for BreakoutBitcoin is currently undergoing a minor pullback. The supply has not significantly increased from its surge to the previous high, indicating a normal adjustment after a failed attempt to break through resistance
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Ethereum Poised to Break Out of Consolidation, Price Could Rise Back to $3,000
Ethereum Poised to Break Out of Consolidation, Price Could Rise Back to $3,000In short, Ethereum's price could rise back to $3,000 if the asset successfully breaks out of its current consolidation range. The recent crisis led to realized losses that were close to annual highs, but these have now declined significantly
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Bitcoin Surges Back Above $60,000
Bitcoin Surges Back Above $60,000On August 9, Bitcoin's price surged over 10% in a single day, reclaiming the $60,000 mark. This rally has garnered widespread attention and could bring positive momentum to the broader cryptocurrency market
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The Crypto Market Swings Wildly: Bitcoin Bounces Back, Ethereum Faces Pressure
The Crypto Market Swings Wildly: Bitcoin Bounces Back, Ethereum Faces PressureThe cryptocurrency market experienced a wild ride this week, with Bitcoin rebounding on Tuesday following a global market sell-off on Monday, while Ethereum, despite a rebound, remained under pressure after suffering a sharp drop on Monday, triggered by a chain of liquidations.Volatility Sparked by Global Market Sell-OffOn Monday, Japanese stocks plunged, triggering a circuit breaker
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Bitcoin Market Analysis: Short-Term Pullback, Long-Term Bullish?
Bitcoin Market Analysis: Short-Term Pullback, Long-Term Bullish?PrefaceBitcoin prices have seen significant volatility last week, peaking at a new high before quickly retreating, catching many investors off guard. Market sentiment is currently cautious, with many pondering the market's direction in the coming week
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Is Dogecoin (DOGE) Back in the Game?: Analyzing its Recent Trend, Market Performance, and Future Outlook
Is Dogecoin (DOGE) Back in the Game?: Analyzing its Recent Trend, Market Performance, and Future OutlookIntroductionDogecoin (DOGE) has consistently been a subject of interest in recent years, with its price fluctuations and market performance closely watched by investors. Recently, DOGE experienced a rapid rebound after hitting a monthly low, exhibiting a remarkable surge in trading volume, reigniting market discussion
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Solana ETF Applications Surge, German Government "Returns" Bitcoin, Republicans Back Crypto: Market Winds Shift
Solana ETF Applications Surge, German Government "Returns" Bitcoin, Republicans Back Crypto: Market Winds ShiftThe cryptocurrency market is showing positive signs lately, with the surge in Solana ETF applications, the German government "returning" Bitcoin, and Republicans' support for cryptocurrencies all signaling a subtle shift in the market winds.Solana ETF Applications Surge, Market Confidence ReturnsOn July 9th, Bitcoin prices rebounded above $56,000, reaching a high of $57,275, demonstrating a strong recovery
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Bitcoin Pullback: Short-Term Holders Suffer Heavy Losses, Can the Bull Run Continue?
Bitcoin Pullback: Short-Term Holders Suffer Heavy Losses, Can the Bull Run Continue?Recently, Bitcoin prices have experienced a sharp pullback, triggering market panic and resulting in significant losses for short-term holders. According to on-chain data analytics firm Glassnode, Bitcoin prices plummeted over 16
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Bitcoin Breaks $60,000, Altcoin Market Roars Back to Life: Opportunities and Challenges Await
Bitcoin Breaks $60,000, Altcoin Market Roars Back to Life: Opportunities and Challenges AwaitBitcoin's price surge past the $60,000 mark ignited a wave of excitement in the cryptocurrency market, driving a renewed surge in the altcoin market. Numerous altcoins have experienced significant price fluctuations in recent times, attracting considerable investor attention