Bitcoin: Will $96K be BTC’s breaking point? Major data suggests…
7 Articles
7 Articles
Bitcoin: Will $96K be BTC’s breaking point? Major data suggests… – MAXBIT
Bitcoin’s recent price dip reveals a shift in its holders’ stance. In the past, this pattern has heralded the quiet whispers of a bear market beginning. Bitcoin’s [BTC] recent price retracement to $74k signals a notable shift in market structure. Short-Term Holders (STHs) are now encountering unrealized losses, while Long-Term Holders (LTHs) maintain profitability despite...
Breakthrough Bitcoin: BTC's 50-Day MA Break Hints at Hopeful Trend Reversal
Is Bitcoin finally turning the corner? Crypto enthusiasts are buzzing as BTC has decisively broken above its 50-day Moving Average (MA) – a key technical indicator watched closely by traders and analysts alike. This breakthrough, as highlighted by renowned crypto investor Scott Melker, marks the first time in months that Bitcoin has closed a daily candle above this crucial level. Could this be the signal of a hopeful trend reversal we’ve all bee…
Crypto Gurus Predict Bitcoin Boom ‘In Days’—But Expert Urges Caution
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Crypto Gurus Predict Bitcoin Boom ‘In Days’—But Expert Urges Caution - BTCNEWS - Bitcoin and Crypto News
A swirl of bullish proclamations is ricocheting across X as macro‑minded influencers argue that a fresh expansion in “Global M2” money supply will trigger a near‑instant rally in Bitcoin—yet a veteran market analyst is warning that the data underpinning those calls is little more than a mirage. The latest wave of optimism was set in motion when Real Vision co‑founder Raoul Pal published an updated overlay of Bitcoin versus Global M2—an aggregate…
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