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Bitcoin Slumps Ahead of Halving, Market Sees Widespread Losses
With Bitcoin's fourth halving event projected to occur in less than 20 days, the market has experienced a sharp decline despite widespread bullish sentiment. Bitcoin Leads Market Downturn, Liquidations Reach $140 Million in an Hour On April 2, Bitcoin dropped from $69,000 to below $67,000 within 20 minutes, and is currently trading at $66,673, marking a 5
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Bitcoin Price Consolidates Above $70K Resistance Zone, Waiting for Breakout
Bitcoin settled above the $70,000 resistance zone on the first day of April. BTC is likely to remain in a range for some time before the bulls attempt a move towards $75,000
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Technical Analysis: Market Recap (March) and Bitcoin Weekly and 4-Hour Outlook
After analyzing FIL's short-term market trend last night, I concluded that it was bullish, which was confirmed by subsequent price action. However, after waking up, I observed signs of stagnation and immediately exited my position, along with my previous ETH position
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CME Bitcoin Futures Dip Slightly, Ether Futures Decline Expands
At the close of trading on Monday (April 1) in New York, the CME Bitcoin futures traded at $70,340.00, down 1
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Cryptocurrency Stocks Plunge Amid Market Correction
Cryptocurrency-related stocks listed in Hong Kong experienced a significant decline on April 2, 2022, following a wider market sell-off in the virtual currency sector. Notable losses were observed in the share prices of China Fortune Holdings Limited (01647), OSL Digital Securities Limited (00863), Blue Interactive Entertainment Limited (08267), and Meitu Inc
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Bitcoin Price Declines Amid Cooling Demand for US ETFs, Shift in Fed Policy Expectations
On April 2, Bitcoin price fell once again, driven by cooling demand for US-based exchange-traded funds (ETFs) and a reduced appetite for betting on monetary easing by the Federal Reserve. Subdued Demand Cooling demand for US-based ETFs is a major factor behind Bitcoin's price decline
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Bitcoin and Cryptocurrency Short-Term Trading Analysis and Performance Review for March 2024
As we enter a new month, it's time to review the short-term trading performance for Bitcoin and other cryptocurrencies during March 2023. This analysis aims to provide insights into the market trends, trading strategies, and overall outcomes for the past month
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Bitcoin Price Consolidate Inside Range
The price of Bitcoin is consolidating above the $70,000 resistance zone on April 1, 2023. BTC is likely to spend some time inside the range before the bulls make another attempt at $75,000
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Bitcoin and US Treasury Yield Show Inverse Correlation, Meme Stocks and Crypto Meme Coins Plunge
Over the past six months, the correlation between the US 10-year Treasury yield and Bitcoin's price has been significantly negative, reaching -90.61%
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Signals Hidden in Market Movement: Spotting Trading Opportunities
In the tumultuous waters of financial markets, no trade is born out of thin air. Behind every unilateral surge, there are always precursors, albeit sometimes subtle
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Is Bitcoin Valuable?: A Comprehensive Analysis
Is Bitcoin Valuable?: A Comprehensive Analysis The value of Bitcoin has been a subject of debate for years. While some believe it to be a revolutionary asset with vast potential, others dismiss it as a speculative bubble