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Tag: BitCoin

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Bitcoin’s Sideways Mix: The CPI Reading Imprisons Investors

Central issues: At about $27,000, bitcoin goes sideways. The most recent inflation report from the United States is due on Wednesday. Throughout the day, Ethereum and Bitcoin Cash have fluctuated. Bitcoin (BTC) remained relatively stable on Tuesday, trading at around mid-$27,000, while investors eagerly await the latest U.S. inflation report on Wednesday. According to Edward…
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A powerful bullish pattern helped Bitcoin (BTC) surpass $34,000

Bitcoin (BTC) Breaks $34,000 Thanks To Powerful Bullish Pattern Key Points: The bullish megaphone pattern is predicting that Bitcoin will continue to rise once it reaches $30,000 and beyond. Bitcoin is moving rapidly to exchanges from whales, indicating an upward trend. David Gokhshtein accepts Bitcoin will proceed with its vertical pattern toward $34,000, with a…
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Latest Bitcoin price data suggests double top above $200K in 2025

DecenTrader co-founder Filbfilb says, as he doubles down on $180,000 in 2025, that Bitcoin halving cycles still dictate potential BTC price highs and lows. Bitcoin is still on target to hit $180,000 in its next splitting cycle, a long-lasting business sector member said. Co-founder of trading suite DecenTrader Filbfilb reaffirmed his bullish BTC price outlook…
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Is it best to buy bitcoin right now?

Central issues: Throughout the last year, dread has held crypto and Bitcoin darlings, settling on them reluctant about speculation choices. In light of the full scale elements of the market and the BTC splitting system, this is the ideal opportunity to partake. The price of Bitcoin will fluctuate significantly over the coming months. The issues…
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Is Bitcoin Expected to Reach $30k This Weekend?

Key Ideas The price of bitcoin has increased significantly, rising 10% to a new high of $27,800. This occurs at a time when some believe that digital currency could serve as a protection against a global banking crisis. Even further, co-founder and former CEO of BitMEX Arthur Hayes predicted that Bitcoin might eventually reach $1…
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American buyers fuel a 40% increase in Bitcoin price in 10 days amid banking stress

Key Ideas Recent bank failures in the United States show how limited the fractional reserve banking system is. Bitcoin is a safe haven asset for investors. BTC rises more than 40% in just ten days, hitting a nine-month high. With a +47% rally during U.S. trading hours, Americans are driving the BTC market. Investors are…
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Balaji bet $1 million on bitcoin reaching $1 million in value in 90 days

Major Points: In order to place a wager, prominent cryptocurrency figure Balaji Srinivasan has disclosed that he is transferring $2 million into the stablecoin USDC. According to his forecast, there will soon be a return to a pre-20th century economic model known as “hyperbitcoinization,” in which Bitcoin will once again be treated as a form…
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In light of the US credit crunch, Novogratz advises purchasing gold and bitcoin

The CEO of Galaxy Digital believes that the US economy will face difficult times but remains optimistic about cryptocurrencies. According to Michael Novogratz, founder and CEO of Galaxy Digital, the United States is on the verge of a credit crunch, making this the ideal time to buy gold, silver, and bitcoin. In an interview with…
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The price of bitcoin exceeds $26,000 as US inflation registers at 6%

In February 2023, Bitcoin surpasses $26,000 as the U.S. Consumer Price Index rises by 0.4%. When the latest Consumer Price Index (CPI) data for February 2023 were made public by the US Department of Labor, the price of Bitcoin spiked sharply over $26,000. The department reported that the seasonally adjusted CPI increased 0.4% last month…
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Buying Bitcoin on the Silk Road? US government-affiliated addresses send $1 billion in Bitcoin

Over the years, US law enforcement agencies have seized thousands of BTC from the Silk Road, and a sizeable portion of it has occasionally been put up for auction. Over 50,000 Bitcoin worth $1 billion were transferred to new addresses from various wallets linked to law enforcement seizures made by the US government, some of…
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