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Is Bitcoins head-and-shoulders pattern hinting at an imminent bounce and a new bull run?A much-anticipated Bitcoin rebound may be on the horizon as the largest cryptocurrency has formed a head-and-shoulders pattern a bullish technical indicator suggesting a potential upside breakout. The formation of this pattern, coupled with the increasing market optimism and improving market sentiment, could fuel the next rally for BTC

Interest Rate Cuts Land, Can the Crypto Market Usher in a New Bull Run?Last week, the Federal Reserve raised interest rates by 50 basis points, the first rate cut since March 2020. This action indicates that the Fed's reaction function has shifted from focusing solely on inflation to focusing on employment

Macquarie Bullish on Bitcoin Mining Companies, Citing Institutional Value Transfer and AI ApplicationMacquarie has initiated coverage on Bitcoin miners including Riot Platforms (RIOT.US), Marathon Holdings (MARA

Ethereums Rebound in the Bear Market: Bullish Triangle Pattern Hints at $3,000 Target?While the overall cryptocurrency market remains in a bear market phase, Ethereum has shown remarkable resilience, forming a bullish triangle pattern on a 4-hour time frame. With a shift in overall market sentiment towards optimism, Ethereum's price has steadily climbed, poised to test the upper trendline

Zoo Market Heats Up: Fantom, Sui, Sei, Who Will Grab the Third Seat in the Next Bull Run?The last couple of days have seen a significant surge in animal-themed cryptocurrencies like EDOGE, PESTO, MOO, DENG, and CHEEMS. The "zoo market" is back in action

Ethereum Whales Drive Bullish Momentum: Can ETH Break $2,900?Ethereum [ETH] has finally shown signs of revival recently, striving to establish itself in a bullish market. This not only reflects improved market sentiment but also is closely tied to a crucial factor: strong demand from Ethereum whales

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

Bitcoin Bullish Signals Strong, CryptoQuant Analyst Predicts Continued Price RiseFollowing last week's announcement by the Federal Reserve (Fed) of a significant 2-point (50 basis points) rate cut, the cryptocurrency market has witnessed a continued rebound. The US Bitcoin Spot ETF has also seen continuous net inflows in recent days

Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?Since the Fed's rate cut last week, the market has for the first time projected a greater than 50% chance of another 50 basis point reduction at the next FOMC meeting on November 7th. This brewing expectation of a 50 bps cut in November has injected a dose of optimism into the crypto market

Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto ClimateAnthony Scaramucci, a well-known Wall Street hedge fund manager, recently predicted that Bitcoin could reach a staggering new all-time high of $100,000 by the end of this year. This prediction is based on the anticipated Federal Reserve rate cut cycle and the increasing likelihood of favorable crypto regulations from the US government, particularly after the November US presidential election

Is Bitcoin poised for a strong bull run? CaprioleInvestments predicts a return to $64,000CaprioleInvestments predicts that Bitcoin is primed to resume its strongest bull run due to a perfect storm of macroeconomic shifts and standard cyclical timing. As the Fed lowers rates, the price of Bitcoin is expected to return to $64,000 "very soon

Bitcoin and Ethereum 4H Analysis: Resistance Test, Bulls Need CautionBitcoin is currently consolidating near resistance levels, facing significant pressure from the descending trendline and resistance above. From a daily perspective, Bitcoin's movement is forming a triangle convergence, which has entered a crucial stage