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Why these traders continue to be a critical part of Bitcoin’s price action

This past week most of Bitcoin’s price action was governed by crowd sentiment. HODLers have been a critical part of the narrative and so were the whales, retail traders, and institutions. For the most part of the season, the price trend was governed largely by institutional buying and change in HODLer composition. However, following the […]

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Traders can make 25% on Bitcoin remaining market neutral, here’s how

With Bitcoin’s price back under $60000, and increased investment inflow to altcoins and top DeFi tokens. It may be the best time for retail traders to direct their investment to HODLing Bitcoin in the long term and getting yields while remaining neutral in the market. Currently, the aggregate trade volume in Bitcoin futures is relatively […]

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BTC Miners Dumping Half A Million Coins Doesn’t Deny The Bull Rally

The BTC miners dumping half a million of their coins cannot deny the bull rally with the price still fighting to break above the $60K per coin as we can see more in our latest bitcoin news. Things could go even higher because the BTC miners dumping half a million coins on the market during the bull rally is not making a dent in terms of price drops as the miners might have given in and started holding their coins for a new surge ahead. Bitcoin isn’t an asset to invest in and that’s it. it is also a blockchain…

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BTC Miners Net Position Turned Positive, Is A New Rally Overdue?

BTC miners net position turned positive after weeks of gut-wrenching volatility with the start of April being kind to Bitcoin as we can see in our latest bitcoin news today. After the record-breaking $6.4 billion options expiry with the BTC price action being less volatile in the past few days. According to the BTC volatility Index with the 30-day volatility dropped from a high of 5.34% to 3.42% at the time of press. The majority of the price level for BTC is consolidating under the all-time high of $61,800 which is a welcome sign after the prices dropped to $51,000…

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Reuters Poll Indicates Huge Bitcoin Rally Ahead Despite 12% Drop

A Reuters poll indicates that Bitcoin will soon rally despite the recent drop by 12% which saw bitcoin going below $10,000 again. In our Bitcoin news today, we are reading more about the price analysis. The past two days found Bitcoin in a bearish state as the cryptocurrency experienced a massive sell-off on Wednesday that continued until the next session. The BTC/USD pair lost 12% of the value and fell from $11,950 to $10,000. The downside sentiment raised worries about the extended drop with many analysts predicting $9,600 level to be the next bearish target. According to the Reuters poll,…

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Kraken Predicts Massive Bitcoin Price Rally Of 200%: Analysis

Kraken predicts an imminent Bitcoin price rally of more than 200% after the record strength on the market in the upcoming weeks and months as we are reading more in the upcoming Bitcoin news today. After recording massive strength in the BTC market at the end of the previous month, Kraken predicts that Bitcoin will see more price gain of about 200% over the upcoming weeks and months. Major United States-based exchange released a report predicting that Bitcoin will rally by between 50% and 200% in the upcoming few months. The report noted that Bitcoin posted a 21-month low for…

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Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser

Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000. While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually test $100,000. But not before some correction. “$28,000 is in play before we see a pullback – and then we’re heading to 6-figures,” Keiser forecast, in the course of several tweets. Bitcoin (BTC) soared more than 20% to hit $11,300 on July 28, its highest level since August 2019. The top crypto has struggled to…

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