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A cryptocurrency strategist believes that Bitcoin (BTC) is preparing to emulate the strong rebound earlier this year, when its flagship cryptocurrency rose nearly 30% in about a month.Anonymous analyst CredibleCrypto told his 346700 fans on social media platform X that the current price trend of Bitcoin looks similar to the market structure in June, when BTC surged from a low of around $25000 to a high of $31850 in 2023

Rising interest rates, delayed Bitcoin ETFs, global financial turmoil, and other regulatory pressures are leading to poor performance in the crypto market.Why did the crypto market decline this week?Rising interest rates, delayed Bitcoin ETFs, global financial turmoil, and other regulatory pressures are leading to poor performance in the crypto market

The weekly analysis of cryptocurrency prices shows that most cryptocurrency transactions have mixed reactions, with bull and bear market patterns appearing in the market.Bitcoin price analysis has risen to over $26000 in the past few daysEthereum has been trading around the $1600 level, showing a sideways trend

Despite increased regulatory scrutiny in the United States, Bitcoin remains strong at $26305, up 0.48% in the past 24 hours

Although the Consumer price index (CPI) data of the United States in June hit the lowest level in nearly two years. But analysts expect the Federal Reserve's FOMC meeting this week to likely raise interest rates by another one yard

Here is the hot news brought by Yuanye to everyoneThe two most famous Cryptocurrency, Bitcoin and Ethereum, experienced a sharp decline. BTC's current transaction price is $29780, and ETH's transaction price is $1889

#Headline Creation Challenge#This week is a week of counterfeit currency reboundAfter the victory over the U.S

The digital currency ecosystem has awakened with new growth potential.The expected positive economic data scheduled for release this week is to some extent enhancing market sentiment

The crypto market has started a new weekly trading cycle, hoping to remain bullish for the rest of the week. The cryptocurrency Bitcoin ended its weekly trading with a green candle, highlighting the possibility of a bullish outlook for the next week

The price of Bitcoin has reached important support areas, including the lower boundary of the upward channel and the static support area of $25000, which is consistent with its previous major fluctuations formed on February 19. Due to the seemingly high purchasing pressure, it is expected that prices in the region will receive excellent support

The bitcoin option put/call ratio of each exchange has dropped to 0.47, which indicates that fewer investors seek downward protection to prevent price decline than before the bill to raise the US Debt limit was passed

The price of Dogecoin is winding in the daily time range, suggesting an explosive trend.If DOGE follows Ripple's footsteps, it is expected to achieve a 50% to 60% increase