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Bitcoin prices continue to fluctuate within the trading range of $27800 to $30000. Although the buyer currently seems to have lost momentum and bears feel under control, there are still many reasons to believe that Bitcoin prices may reach annual highs in the short and medium term

The cryptocurrency market is still continuing to decline, but market trends indicate that some counterfeit currencies are forming a series of bullish anomalies.Due to these reasons, Chainlink and Dogcoin are bullishChainlink (LINK) seems to be favored by market participants, especially whales

Recently, the cryptocurrency market has shown promising growth, with Bitcoin reaching its highest point of$31043, although the price subsequently rebounded, it ultimately remained volatile at a level close to $30000.The rise in the market has provided cryptocurrency holders with more significant profit value:Data display,The long-term holders of Bitcoin have made profits for the first time in nearly a year

Analysis of the bullish price of Coin An CoinBNB's resistance level is at $326BNB/USD support price is $319Binance coin price analysis is bullish today as the coin's price function is upward as it is trading at a level of $326. Bulls have been controlling the trend for the past 24 hours, allowing them to maintain BNB prices above $325 since yesterday

After falling below the $30000 mark on June 10th last year, Bitcoin regained its lost territory after a 10 month hiatus. The market shows that Bitcoin rose as high as $30500 this morning, temporarily at $30022, with a 24-hour increase of 6

According to CoinGecko's data, the current level of Bitcoin (BTC) prices around $29000 has increased by over 6.0% in the past 24 hours

In the past week, the encryption market has significantly slowed down, affecting the digital assets in this field. However, although such periods may disappoint investors, they also provide a unique opportunity to enter the market at low and favorable prices before the next round of gains. Therefore, here are the top 5 tokens accumulated before the next bull market.Bitcoin (BTC)Bitcoin (BTC)

During today's trading session, Ethereum and cryptocurrency markets have shown strength and are trading in green. The expectations surrounding the upcoming major upgrade of ETH in "Shanghai" may support a positive price trend

On March 17th, the price of Ethereum decisively broke through the resistance trend line of the giant wave pattern. The formation of this form itself is a sign of uncertainty among participants, highlighting the unclear trend that ETH prices have witnessed since February 2023

Recently, with the price of Bitcoin exceeding $31000, the cryptocurrency market has been fully activated.According to market data, driven by the positive upgrade of Ethereum in Shanghai, Bitcoin rose to $31043 on April 14th, with Ethereum reaching a maximum of $2157.However, since then, the market has entered a significant downward trend. As of writing, the price of Bitcoin is $27475 and the price of Ethereum is $1842, and the market is still in a clear downward trend.Although the current market trend is in a downward trend,However, this round of rise still laid the foundation for cryptocurrencies to completely break free from the bear market cycle and provided optimism for subsequent market developments.At present, it is widely believed in the market that the cryptocurrency bull market has gradually started, especially with only one year left for Bitcoin's fourth halving and the traditional financial market facing a recession. Two major positive factors will drive the bull market to arrive early: 1、 According to the halving of Bitcoin and the bull market pattern, cryptocurrencies will usher in a new bull market next year.The halving cycle of Bitcoin is four years. The last halving occurred on May 12, 2020, and it is expected that the next halving may occur between March 2024 and June 2024. 2、 Traditional financial markets may face recession, providing a broader basis and logic for cryptocurrencies to rise.Federal Reserve policymakers expected a mild recession later this year at their March meeting, followed by a recovery in the next two years. This is the first time since 2020 that the Federal Reserve has publicly stated its expectation of a recession.The leading indicator index of the World Federation of Large Enterprises also shows that an economic recession is approaching.Justyna Zabinska LaMonica, senior manager of business cycle indicators, a think-tank, said that it was expected that the economic weakness would intensify and expand in the coming months, leading to a recession from the middle of 2023.With the view that the bull market has already started, market predictions for Bitcoin prices next year are also emerging one after another. According to market information, there are currently three main types of market predictions for Bitcoin prices: 1、 Bloomberg analysts predict that Bitcoin prices will reach $50000 in April next year.Bloomberg industry research analyst Jamie Douglas Coutts said that based on previous cycles,The upcoming halving of Bitcoin is currently reflected in approximately 50% of market quotes。 Coutts prediction,By April 2024, Bitcoin may reach $50000

Bitcoin prices have started a new rise above the resistance level of $29000. If it significantly breaks through the resistance level of $30000, BTC may rebound

Market panic led to the liquidation of $300 million worth of positions and the erasure of $1 billion of open positions within 24 hours. This is a major blow for both long and short traders, as many are forced to sell at a loss