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Do Bitcoin still have room for development in the future
There are multiple factors and uncertainties involved in whether Bitcoin still has room for development in the future, so it is impossible to provide a definitive answer.The advantages of Bitcoin lie in its decentralized nature, low transaction friction, potential global payment capability, and possible anonymity
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Glassnode: Bitcoin whales and Ethereum whales are not the same
According to Glassnode's data, when BTC whales accumulate, ETH whales sell. What's going on here?Famous figures in the Bitcoin industry have seized the opportunity to shoot their peers in the Ethereum community, but they also need to pay attention to the legal issues surrounding this industry
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Can Bitcoin prices overcome potential correction and usher in a new round of upward trend?
Bitcoin prices have started an upward correction since the $26550 region. BTC is on an upward trend and is facing strong resistance near the $27300 and $27500 levels
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Rising Community: Bitcoin (BTC) Unrealized Net Profit and Loss (NUPL) Between Fear and Optimism
The NUPL indicator of Bitcoin shows the struggle between fear and optimism regions, and the current adjustment has returned to the fear region.Despite recent surrender, short-term Bitcoin holders have shown signs of reversal, indicating a potential strong return in the market
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Bitcoin shows signs of potential expansion - will SOL, LDO, ICP, and VET follow up?
The weaknesses and overly complex regulations of Bitcoin keep cryptocurrencies away from counterfeit currencies. This has caused Bitcoin's market dominance to hover around 50% in the past few days
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Evaluate whether Bitcoin can once again rise above $27000
Last week, the price of Bitcoin fell below $27000, with short-term holders selling Bitcoin at a loss this year ranking second.BTC fell more than 3% last week, trading at $26887
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Analysts say that Bitcoin's resilience supports the claim of hedging against global turmoil
As global turmoil escalates and macroeconomic uncertainty increases, analysts tell TheBlock that the value of Bitcoin is becoming increasingly apparent.Bitcoin is more user-friendly, stable, and globalized than some local currencies, especially in terms of geopolitical conflicts and sanctions
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Global turmoil highlights the value of BTC: Bitcoin once again surpasses 27000! Does Ethereum continue to oscillate?
The price of Bitcoin (BTC) continued to fluctuate in a narrow range over the weekend for two days. After accumulating energy, it once again broke through $27000 this morning (16th), reaching a maximum of $27293, with a rise of 1
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Bitcoin has reached a critical moment, a critical point! This week's unveiling, will the Mavericks renew their cup or plummet!
It has been three months since Bitcoin was adjusted from 31850 on July 13th, and it is currently hovering around 27000 points.In terms of time, three months is enough for a weekly adjustment; However, structurally speaking, only one daily decline has been completed, and currently in the midst of a daily rebound (it is uncertain whether it will end), structurally it is clearly not enough!Those who have read the previous article should feel that this is a crucial situation! Because on a weekly basis, if the daily rebound cannot exceed 31850, then it is the daily second selling! From a daily perspective, the four hour rebound has completed four segments, up and down
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Cryptocurrency is about to bottom out, traders reveal the weakness of Bitcoin (BTC)
Highly anticipated cryptocurrency traders have stated that digital assets are approaching the end of a bear market, while Bitcoin (BTC) is experiencing a decline.According to analysts, Bitcoin is entering a long trading position
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The fluctuation of Bitcoin prices stabilizes, and the application prospects of blockchain in the healthcare field are bright
Bitcoin, a digital currency that has been questioned, sought after, and once again questioned, has always been closely monitored for its price fluctuations. Despite recent fluctuations in Bitcoin prices, the overall trend has gradually stabilized
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Cryptocurrency Analysis: The Bear Market of Bitcoin (BTC) and Shanzhai Coin May Be Coming to an End
Michael van de Poppe, a renowned cryptocurrency analyst and trader, said that the bear market that has been dragging down Bitcoin (BTC) and counterfeit currency may be coming to an end. In an important evaluation, the analyst also brought good news to all counterfeit currencies based on the dominance chart of Bitcoin