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Bitcoin "Golden Cross" Resurfaces, Institutional and Retail Demand Rise in Tandem, Market Outlook Positive
Bitcoin "Golden Cross" Resurfaces, Institutional and Retail Demand Rise in Tandem, Market Outlook PositiveBitcoin (BTC) has recently exhibited robust performance, forming a crucial technical pattern known as the "Golden Cross." This signal, which occurs when the 30-day moving average (30-DMA) crosses above the 365-day moving average (365-DMA), is generally perceived as a strong bullish indication for the market
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CPI Data Positive, Bitcoin Briefly Dips, Is the Bull Run Still On?
CPI Data Positive, Bitcoin Briefly Dips, Is the Bull Run Still On?The recent release of CPI data, showing a year-on-year rate of 2.4%, while lower than the previous value of 2
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Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term Trend
Bitcoin Dropped Despite Positive Non-Farm Payroll Data? The Plunging Dragon Strategy Reveals the Short-Term TrendLast night's Non-Farm Payroll data came in below expectations, indicating a less-than-stellar US economy. This increases the likelihood of a rate cut, which is generally positive for the financial markets
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Ethereum Price Fluctuation: Bullish Momentum Stalled, But Positive Sentiment Remains
Ethereum Price Fluctuation: Bullish Momentum Stalled, But Positive Sentiment RemainsEthereum [ETH] experienced a rapid surge last week, sparking anticipation among investors and traders for a bullish run. However, the price failed to sustain the gains, and the initial optimism quickly faded, leading to a cautious market sentiment
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Bitcoin Market Experiences Wild Fluctuations: CPI Data Positive, But Rebound Weak
Bitcoin Market Experiences Wild Fluctuations: CPI Data Positive, But Rebound WeakThe Bitcoin market saw significant volatility on Wednesday. After a rebound yesterday, the price fell back to around the $61,000 level in the early morning and continued to fluctuate within that range, failing to show a strong further rebound
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Crypto Market Sees Strong Rebound Fueled by Multiple Positive Catalysts
Crypto Market Sees Strong Rebound Fueled by Multiple Positive CatalystsThe crypto market has witnessed a strong rebound over the past few days, essentially signaling the end of the recent correction. Bitcoin reached close to the $65,000 mark, recording a 24-hour surge of over 5
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Bitcoin Bottoming Out? Multiple Signals Point to Positive Outlook
Bitcoin Bottoming Out? Multiple Signals Point to Positive OutlookThe Bitcoin market has recently experienced intense volatility. The price has been fluctuating due to various factors, including the beginning of Mt
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On November 5th ETH Chain Analysis: Positive Actions of Ethereum Whale
Encrypted Whale Accumulates on EthereumETH on chain analysis shows that on November 4th, a cryptogiant whale made a remarkable move by depositing 31.8 million USDT into Coin Security, but within a few hours, 8698 ETHs were extracted, valued at approximately $15
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What is the impact of the Federal Reserve's decision to suspend interest rate hikes compared to the rise of the special currency? Will a positive landing be negative
The positive news of the Federal Reserve suspending interest rate hikes last night brought a wave of upward momentum to the market, as if igniting a spark of hope, with many currencies showing impressive gains. However, we cannot hastily assume that a bull market has arrived just because of this brief rise, nor can we easily assert that it is still in a bear market just because of this brief decline
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Dog coins continue to show a positive price trend, with an increase of over 10%
The largest memecoin dog coin (DOGE) continues to show a positive price trend, with an increase of over 10% last week. As of the writing of this article, the trading price of DOGE is $0
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Rising Community Bitcoin Technology Analysis October 16th: Positive in the Short to Medium Term, Neutral in the Long Term
BitcoinIn the short term, there is an upward trend, indicating that investors are looking for an upward trend.The mid-term analysis of the cryptocurrency shows that it has overcome resistance to a downward trend, indicating potential sideways movement or stability
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Rising Community Bitcoin Technology Analysis October 16th: Positive in the Short to Medium Term, Neutral in the Long Term
BitcoinIn the short term, there is an upward trend, indicating that investors are looking for an upward trend.The mid-term analysis of the cryptocurrency shows that it has overcome resistance to a downward trend, indicating potential sideways movement or stability