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Bitcoin Price Plunges Below $95,000: Market Volatility Intensifies, but Long-Term Bullish Sentiment Persists
Bitcoin Price Plunges Below $95,000: Market Volatility Intensifies, but Long-Term Bullish Sentiment PersistsBitcoin's price dipped below $95,000 in the evening, ending a brief surge past $100,000 fueled by optimism surrounding President-elect Trump's potentially more crypto-friendly regulatory stance. This downturn triggered significant market volatility, with Coinglass data revealing over 160,000 liquidations in the cryptocurrency market within the past 24 hours
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Bitcoin Flash Crash to $92,600: Double Whammy of Liquidations and Long-Term Holder Profit-Taking
Bitcoin Flash Crash to $92,600: Double Whammy of Liquidations and Long-Term Holder Profit-TakingBitcoin experienced a dramatic flash crash today, plummeting to a low of $92,600. While the price has recovered somewhat at the time of writing, the volatility sent shockwaves through the market
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Can Bitcoin Break Through the $70,000 Mark? Four Key Factors Determine Its Fate
Can Bitcoin Break Through the $70,000 Mark? Four Key Factors Determine Its FateDespite the recent surge in Bitcoin's price, its ability to break through the $70,000 mark remains uncertain. While the Fed's rate cuts have boosted investor risk appetite, a confluence of four critical factors is needed to propel Bitcoin's price to that level
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BTC/ETH Short-Term Analysis: Bitcoin Consolidates After Pullback, Ethereum Shows Support
BTC/ETH Short-Term Analysis: Bitcoin Consolidates After Pullback, Ethereum Shows SupportYesterday (October 26, 2023), BTC reached a low of 66,536 and a high of 67,825, with a volatility of 1,288 points and an amplitude of 2.0%
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Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to Watch
Bitcoin and Ethereum Still Face Short-Term Pullback Risks, Key Support Levels to WatchBitcoin touched the downtrend line yesterday with increased supply, indicating a risk of pulling back to the bottom support of the consolidation zone. Bitcoin tested the bottom of the range last night as expected and bounced back, pulling back nearly 2%
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Bitcoin hovers within a descending broadening wedge pattern: Bearish sentiment persists, but oversold signals suggest a short-term bounce
Bitcoin hovers within a descending broadening wedge pattern: Bearish sentiment persists, but oversold signals suggest a short-term bounceCurrently, Bitcoin is trapped within a large descending broadening wedge pattern, which typically signals bearish momentum. However, recent oversold signals indicate a possible shift in the near term
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Bitcoin and Ethereum Market Analysis: Potential Pullback After Short-Term Rally
Bitcoin and Ethereum Market Analysis: Potential Pullback After Short-Term RallyOn September 24, 2024, the Bitcoin (BTC) and Ethereum (ETH) markets continued to fluctuate. While there has been a recent rebound, analysts believe that the risk of a pullback still persists
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Bitcoin Pullback After Rise, Exercise Caution! Short-Term Trading Strategy and Risk Warning
Bitcoin Pullback After Rise, Exercise Caution! Short-Term Trading Strategy and Risk WarningBitcoin's price has been volatile recently, significantly increasing the risk of entry. For short-term traders, it is recommended to rationally plan your positions, cut losses when necessary, and avoid being caught off guard
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Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience
Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience
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Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term Trajectory
Ethereum Nears $2,800 Level: Breakout or Rejection to Decide Mid-Term TrajectoryEthereum has witnessed a surge in demand near the crucial $21,000 support area, leading to a strong bullish retracement. Prices have now climbed back to the middle threshold of a multi-month descending channel
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Bitcoin Intraday Narrow Range Fluctuation, Bearish Sentiment Remains Strong, Short-Term Trading Strategy
Bitcoin Intraday Narrow Range Fluctuation, Bearish Sentiment Remains Strong, Short-Term Trading StrategyBitcoin price continued yesterday's consolidation trend today, failing to break through the key resistance above. The price is currently retracing to around $63,000
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Bitcoin Hovers Above $64,000: Breakout Above August High Could Confirm Bullish Rebound, But Waning Spot Market Demand Hints at Short-Term Consolidation
Bitcoin Hovers Above $64,000: Breakout Above August High Could Confirm Bullish Rebound, But Waning Spot Market Demand Hints at Short-Term ConsolidationBitcoin is currently hovering above $64,000, just a short distance from its August high of $65,200. Bitfinex analysts point out that a break above this level would signify the end of the long-term downtrend since the March high, confirming a broader uptrend from the October low below $30,000