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Bitcoin Hits a New High! But Volatility Cannot Be Ignored, Investment Needs Caution
Bitcoin Hits a New High! But Volatility Cannot Be Ignored, Investment Needs CautionOn the evening of October 15th, Beijing time, Bitcoin price broke through $67,000 per coin, reaching its highest record since July 30th. As of 7:47 PM on October 16th, Bitcoin price has risen to $68,400 per coin, with a 24-hour increase of 4
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Is Bitcoin Back in a Bull Market? Multiple Factors Drive Price Above $67,000
Is Bitcoin Back in a Bull Market? Multiple Factors Drive Price Above $67,000Bitcoin's price surged past $67,000 per coin on the evening of October 15th, Beijing time, marking its highest point since July 30th. As of October 16th, 7:47 PM, the price has reached $68,400 per coin, reflecting a 4
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Bitcoin Futures Surge Over 8% This Week, Ethereum Futures Also See Gains
Bitcoin Futures Surge Over 8% This Week, Ethereum Futures Also See GainsOn Friday (October 18), at the close of trading in New York, the CME Bitcoin futures main contract (BTC) settled at $68,605.00, up 2
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Bitcoin Breaks $68,000: After the Euphoria, What Lies Ahead?
Bitcoin Breaks $68,000: After the Euphoria, What Lies Ahead?Bitcoin's recent surge past the $68,000 mark has sparked widespread attention and heated discussions about its future trajectory. Is this price rally a fleeting phenomenon or a continuation of the bull market? Let's delve into Bitcoin's recent performance and its underlying drivers to gain insights into potential future developments
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Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions Up
Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions UpBitcoin (BTC)In the article published on the 15th, we noted that Bitcoin was inside a triangle convergence zone. To continue its upward trend, it had to break through the upper resistance level of the triangle at $67,200
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The Best Strategy to Avoid "Crypto Scams": Rational Dollar-Cost Averaging and Embracing the Bitcoin Cycle
The Best Strategy to Avoid "Crypto Scams": Rational Dollar-Cost Averaging and Embracing the Bitcoin CycleOn my way back from a business trip yesterday, I had a conversation with a colleague about cryptocurrencies. He told me he was dollar-cost averaging, but not in Bitcoin, instead, he was investing in other "altcoins" that seemed promising
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The Land of Volcanoes, the Dream of Bitcoin: El Salvador's Foray into Digital Currency
The Land of Volcanoes, the Dream of Bitcoin: El Salvador's Foray into Digital CurrencyEl Salvador, a country in Central America, is known as the "Land of Volcanoes" due to its numerous volcanic formations. In recent years, another label, "Bitcoin," has become strongly associated with the nation, attracting global attention
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Will Bitcoin Break $70,000 in October? The "Jumping Dragon Strategy" Tells You the Answer!
Will Bitcoin Break $70,000 in October? The "Jumping Dragon Strategy" Tells You the Answer!Recently, the price of Bitcoin has been steadily rising, sparking much discussion in the market. Many believe this is merely a rebound within the bear market and will ultimately decline
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Is Bitcoin About to Break Its All-Time High? The Overlooked Yen Depreciation Trend May Be the Key Catalyst
Is Bitcoin About to Break Its All-Time High? The Overlooked Yen Depreciation Trend May Be the Key CatalystDespite gold and the S&P 500 recently hitting all-time highs, Bitcoin has yet to keep pace, remaining below its historical peak. However, an overlooked catalyst in the marketthe ongoing yen depreciation trendmay be signaling a breakout for Bitcoin
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Bitcoin and Ethereum 4H Analysis: Opportunities Amidst Volatility, Wait for Clear Signals!
Bitcoin and Ethereum 4H Analysis: Opportunities Amidst Volatility, Wait for Clear Signals!Bitcoin surged upwards again last night, reaching a high of $68,400. It is currently consolidating in the flag's upper boundary area
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L2s Are Becoming the New "Old" L1s: Why Ethereum's Price Is Stagnant and the Changing Competitive Landscape
L2s Are Becoming the New "Old" L1s: Why Ethereum's Price Is Stagnant and the Changing Competitive LandscapeDid Ethereum win the L1 war? It seems the answer is no. This is one of the main reasons for Ethereum's stagnant price
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Dogecoin Sell-off: Price Plummets as Investors Turn to Other Cryptocurrencies
Dogecoin Sell-off: Price Plummets as Investors Turn to Other CryptocurrenciesDogecoin, once a frontrunner in the cryptocurrency space, is facing a turbulent period. Its prolonged price stagnation, failing to deliver the expected returns to investors, has led to a mass sell-off