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Bitcoin Surges Past $65,000, Bullish Momentum Returns, $100,000 Next?
Bitcoin Surges Past $65,000, Bullish Momentum Returns, $100,000 Next?On Thursday, the BTC/USD trading pair broke through the $65,000 resistance level, hitting a new all-time high. Friday's daily chart showed the pair has confirmed the breakout, setting the stage for further upside, with the next target being the key resistance around $70,000
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Bitcoin Briefly Rallies, But Is the Bear Market Looming?
Bitcoin Briefly Rallies, But Is the Bear Market Looming?Despite a surge in Bitcoin on Thursday, it was merely a brief rebound in an otherwise bleak year. While investors have a number of ostensibly positive developments from a fundamental standpoint, Bitcoins chart is showing a worrisome trend
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Dogecoin (DOGE) Price Breakout Looms, Analysts Bullish on Upside
Dogecoin (DOGE) Price Breakout Looms, Analysts Bullish on UpsideDogecoin (DOGE) has been trading between $0.1071 and $0
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Bitcoin defies seasonality, poised for biggest September surge in years as Fed cuts rates
Bitcoin defies seasonality, poised for biggest September surge in years as Fed cuts ratesAccording to intel gathered by Zhitong Finance, Bitcoin is on track for one of its biggest September gains in recent years. The global wave of interest rate cuts, spearheaded by the Federal Reserve, has helped the largest digital asset weather the seasonal headwinds
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Bitcoin Poised for Historic September Surge, Fueled by Global Rate Cuts
Bitcoin Poised for Historic September Surge, Fueled by Global Rate CutsBitcoin is on track for one of its largest September gains ever, driven by a global wave of interest rate cuts, particularly the US's aggressive shift towards looser monetary policy. The largest digital asset has already surged over 10% this month
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Bitcoin Breaks $65,000 Ahead of Options Expiration, Raising Concerns About Market Volatility
Bitcoin Breaks $65,000 Ahead of Options Expiration, Raising Concerns About Market VolatilityBitcoin has surged past $65,000 for the first time in four weeks, leading to concerns about the upcoming options expiration on Friday, when over $5.8 billion worth of contracts are set to expire
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Is the Ethereum Bull Run Nearing its Peak? $3200 Becomes a Key Resistance Level
Is the Ethereum Bull Run Nearing its Peak? $3200 Becomes a Key Resistance LevelWith Ethereum's recent surge in price, many investors are seeking to uncover when this bull run will reach its peak. A seasoned financial journalist, after a thorough analysis of Ethereum's holdings data, exchange rate comparisons, and token distribution, believes that the top of this bull run is likely to be near the $3200 mark
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Dogecoin (DOGE) Stalls Before Key Resistance, Can Bulls Regain Upward Momentum?
Dogecoin (DOGE) Stalls Before Key Resistance, Can Bulls Regain Upward Momentum?Dogecoin (DOGE) recently stalled before the key resistance level of $0.1120, subsequently adjusting against the US dollar
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Is Bitcoins head-and-shoulders pattern hinting at an imminent bounce and a new bull run?
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
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Bitcoin Not a Risk Asset? BlackRock: More of a "Global Currency Alternative"
Bitcoin Not a Risk Asset? BlackRock: More of a "Global Currency Alternative"Robbie Mitchnick, Head of Digital Assets at BlackRock, recently stated that calling Bitcoin a "risk asset" might be a misnomer, as its long-term drivers differ significantly from other risk assets. While Bitcoin's price movements have been closely tied to US equities in the recent past, Mitchnick believes Bitcoin behaves fundamentally differently from stocks and other risk-on assets, with long-term drivers that are "very different" and even "opposite" in some cases from other risk-on assets
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Bitcoin Rallies Again: Can It Break Through the $65,050 Resistance?
Bitcoin Rallies Again: Can It Break Through the $65,050 Resistance?BTC/USD has consolidated above $63,500, with bulls pushing hard to break the $65,050 resistance. This would mark a formal end to the current downtrend and could be the first step towards new all-time highs, potentially signaling the top of a bullish flag pattern
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Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward Wedge
Is Altcoin Season Really Upon Us? Bitcoin Dominance Drops, TOTAL2 Indicator Breaks Downward WedgeSince September 7, the total market capitalization of altcoins has surged by almost 18%, while Bitcoin dominance has also seen a decline. This development, coupled with the trend of the TOTAL2 indicator breaking out of a downward wedge, points towards the arrival of altcoin season