In Brief Long-term technical analysis suggests a peak of Bitcoin price in the $155,000 – $175,000 range. Although subsequent cycles are weakening, Bitcoin still has a chance to surge 10x from the macro bottom at $15,495. The peak of the current BTC cycle should be reached between April and August 2025. This week Bitcoin touched its…
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In a word On-tie information focuses to an overheating Bitcoin market that might in any case encounter a remedy prior to dividing like 2019. The NUPL of long haul Bitcoin hodlers has gotten back to the green degree of conviction. The red oversold level has just been reached by the profit-making percentage of addresses (UTXO).…
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Briefly Bitcoin (BTC) has reached $30,500 in the first half of 2023, demonstrating its strong momentum, with a commendable year-over-year increase of 85%. A cost shrewd whale partner have purchased $1.83 billion worth of BTC since Blackrock petitioned for Bitcoin ETF application on June 15. Weighted Sentiment demonstrates that, despite recent price increases, social perceptions…
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