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Expert: The three main reasons for Bitcoin's sharp decline! (Attached is a framework diagram for analyzing Bitcoin prices)
Disclaimer: This article does not constitute any investment advice.Editor: Remember to follow!The foam of blockchain projects has constantly hit market confidence
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{Rising Community} The Dogecoin rose by 5%, but the social media discussion is still low
Dogecoin has risen by 5% in the past week, but Santiment's data shows that there is still little discussion about the asset on social media.Despite the soaring price, people's interest in Dogecoin is still lowAccording to data from on chain analysis company Santiment, there has not been much discussion on DOGE on social media recently
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Dogecoin wants to break through the price, but this may prevent it from doing so!
The Dogecoin has shown significant strength in the past few days, trading above the bearish area. The bulls are striving to maintain a stable upward momentum, but their strength seems to have weakened, so a significant bearish reversal may be imminent
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The hype continues to soar, and Bitcoin hits the $31000 mark and reaches a new high since 2023
During the period from Friday evening to early Saturday morning Beijing time, Bitcoin, a highly spirited alternative asset in recent days, continued to soar, once reaching the $31000 mark and setting a new high for the asset within the year.(Bitcoin daily chart, source: TradeView)In fact, Friday's rise did not have any particularly solid positive news
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Jujing single purchase of 200 million Dogecoin! Dogecoin or soaring?
A major investor, commonly known as Whale, has purchased Dogecoin worth over $38 million in the past three days, making him one of the wealthiest owners of Dogecoin the world.On Tuesday, Whale purchased 200 million DOGE and added another 250 million assets on Thursday morning
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This is actually the reason why Bitcoin plummeted to $29000
After regaining this support from bears, Bitcoin remained above $31000 for most of Friday. However, this situation did not last long, as digital assets experienced a flash crash, causing their prices to soar to the level of $29000
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Just now, Bitcoin collapsed again: it plummeted $9000 and 520000 people sold out 31.8 billion! Musk "seriously injured", Bill Gates reminded
Bitcoin rises crazily, but falls even harder.After reaching the threshold of $58000 (approximately 375000 yuan), Bitcoin experienced a sustained decline
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If Ethereum breaks through the supply wall, the price may soar to 2750 dollars
If Ethereum successfully breaks through the supply wall of more than $2000, the price may further rise to $2750.Ethereum, the world's second largest Cryptocurrency, has been hovering around US $1850 since it rose last week
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Despite the price increase, Bitcoin's activity has stagnated for the following reasons
Bitcoin broke through $30000, indicating a bullish trend. However, the market is still in a transitional period and further development is needed to establish a sustained upward trend
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Coin security KYC leak suspected cloud re fermentation, some user information exposed, BNB has not experienced significant fluctuations yet
Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance
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What is the reason behind Bitcoin's return to $29000 and soaring market share?
Author | Heimi, Baise Research InstituteAt the time of writing this article, Bitcoin has risen by over 6% in the past 24 hours, briefly reaching $29000. At the same time, Bitcoin regained 50% of the entire Cryptocurrency market
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{Rising Community} The counterfeit coin market has surrendered significantly, and Bitcoin's dominant position will soon reach 63%
After the recent rebound of Bitcoin to $29000, its dominant position has gained more support in the competitive currency market. According to the latest encryption Market data, after the valuation of the asset jumped by about 2% to about $560 billion in the past 24 hours, the dominant position of Bitcoin fell to about 60% on Wednesday