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Bitcoin at $70,000: The Three-Year Box Ends, A New Journey Begins!At the end of 2023, Bitcoin (BTC), after crawling along the 30-day moving average for 5 days and pulling the 7-day moving average back to the 30-day moving average, suddenly gained momentum, leaping upward and quickly breaking free from the "ground" of the 30-day moving average at $65,000. It decisively breached the "wall" of $70,000

Bitcoin Consolidation: A Golden Opportunity for Low-Entry PositionsCurrently, Bitcoin is in a consolidation phase, with this range-bound trading pattern expected to last for several weeks. While short-term volatility may increase, investors shouldn't be overly concerned, as this is simply a precursor to Bitcoin's renewed strength

Can Bitcoin Break $100,000 in 2024? A Deep Dive into Bullish and Bearish FactorsBitcoin, the world's first and most popular cryptocurrency, has seen its price fluctuate wildly, captivating the attention of investors. In 2023, Bitcoin experienced a significant surge in price, leading many to wonder if it can sustain this momentum and reach the anticipated milestone of $100,000 in 2024

Bitcoin Rekindles Rally, Institutional Inflows and "Whale" Purchases Drive Market ReboundOn Monday, Bitcoin reversed its decline from last week, rebounding strongly and bringing a general warming to the digital currency market. The spot Bitcoin ETF rose across the board by about 11%, the CME Bitcoin futures BTC main contract closed at $71,075, up 6

Seize the Short-Term ADA Opportunity: Strong Bullish Momentum Initiates a New UptrendPreface:The market is volatile, and seizing opportunities is crucial. Yesterday, BTC broke through the $70,000 mark, once again validating my bullish prediction

Bitcoin Rebounds Strongly, Reclaims $70,000: Can Institutional Inflows Sustain the Bull Run?In the final week of March, Bitcoin's price rebounded strongly, reclaiming the $70,000 level, sparking heated market discussions. Despite a slight pullback in the US stock market, the cryptocurrency market demonstrated robust resilience

Binance Launchpool Lists Notcoin: Telegram Mining Game Ignites the MarketBinance, the world's largest cryptocurrency exchange, announced on May 9, 2024, that it will launch its 54th new coin mining project, Notcoin, on its Launchpool platform. Notcoin is a Telegram mining mini-game based on the TON blockchain

Binance New Coin Mining: FDUSD or BNB, Which Is Right for You?Binance New Coin Mining has always been a popular way for users to acquire new coins and earn additional income. Recently, Binance New Coin Mining activities can only be participated in using BNB and FDUSD, and there are differences in the yield rate between the two

Binance Surpasses 200 Million Users, BNB Hits All-Time High, CZ Becomes "Richest Prisoner"?Binance's Rise and CZ's Dilemma: A Contradictory RealityIn June 2024, Binance co-founder Changpeng Zhao welcomed an epic surge in Binance Coin (BNB) in his first month behind bars. BNB price broke through the historical high of $717

Factors Suppressing Bitcoin Price Appreciation Economic Perspective Price Elasticity Theory: Consumer demand elasticity affects price movements. Market Supply and Demand: Price balances supply and demand, curbing inflation

April 8, 2023 - Bitcoin's price has surpassed the $70,000 mark on April 8, 2023, reaching its highest level since April 1. Over the past 24 hours, Bitcoin has surged by 1

Bitcoin price recently surged higher and broke the $68,500 resistance level. This move suggests that the market may be in a recovery phase, however, it remains to be seen whether bitcoin will be able to sustain the upswing