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Market Analysis

Market Analysis Oct 14th, 2024: Vitalik Buterin Profits from Memecoin, BTC’s Rally Remains Uncertain

Reading Time: 5 minutes The direction of Bitcoin (BTC) at the start of the fourth quarter remains uncertain, as the ongoing battle between “bears” and “bulls” continues. From a macroeconomic perspective, however, there is a positive data that could potentially…
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Market Analysis

Market Analysis Oct 7th, 2024: Bitcoin Market Stabilizes Above $60,000 Following Satoshi Nakamoto’s Unmasking

Reading Time: 7 minutes As we enter the first week of October, crypto investors and traders are divided in their outlook. One group is optimistic about “Uptober,” predicting a bullish trend, while the other foresees “Octobear,” expecting a bearish market.…
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Market Analysis

Market Analysis Sep 30th, 2024: BTC on the Rise, Memecoin MOODENG Skyrockets 1300%

Reading Time: 6 minutes The crypto market is wrapping up September with a sense of optimism. Bitcoin (BTC) has closed the month on a positive note, fueling expectations that the long-awaited bull market could be on the horizon. But first,…
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Market Analysis

Market Analysis Sep 23rd, 2024: Technical Indicators Point to $67k Bitcoin Rally

Reading Time: 5 minutes Bitcoin holders are celebrating a recent surge in price, thanks to the Federal Reserve’s decision to lower interest rates. While the cryptocurrency has seen a positive uptick, it’s still facing challenges in breaking through key resistance…
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Market Analysis

Market Analysis Sep 16th, 2024: Finally BTC Back to $60k!

Reading Time: 5 minutes Bitcoin (BTC) has finally reached the significant price point of $60K after weeks of consolidation. While investors initially celebrated this milestone, the overall crypto market remains shrouded in negative sentiment, as evidenced by various data points.…
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Market Analysis

Market Analysis Sep 9th, 2024: BTC fails to hold above $57,000

Reading Time: 6 minutes September has proven to be a challenging month for the crypto market and Bitcoin (BTC). Contrary to predictions of a surge to $60,000, BTC has experienced a significant price drop, reaching a low of $53,000. Currently,…
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Market Analysis

Market Analysis Sep 2nd, 2024: August Ends with a Downtrend for Bitcoin

Reading Time: 5 minutes Historically, Bitcoin (BTC) has frequently closed August in the red, causing significant concern among crypto investors and prompting questions about potential catalysts for price growth. The key question remains: could September be a month of positive…
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Market Analysis

Market Analysis Aug 26th, 2024: BTC Struggles to Break 50-Day MA Resistance

Reading Time: 5 minutes Bitcoin (BTC) was finally able to break its important level of $61K by rising to $64K. However, to close the month of August positively, BTC still faces two important technical levels. Check out the full analysis…
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Market Analysis

Market Analysis Aug 19th, 2024: Bitcoin Remains Trapped Below $61K as Market Stagnates

Reading Time: 5 minutes It’s a festive week in Indonesia as the country just celebrated its 79th Independence Day, but unfortunately, the mood in the crypto industry is far from celebratory, with the market remaining in a slump. However, mounting…
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Market Analysis

Market Analysis Aug 12th, 2024: BTC’s price is still below the $61,000 mark.

Reading Time: 6 minutes Despite the tumultuous price swings in early August, which saw Bitcoin (BTC) plummet to $49K, the crypto market has shown resilience. This rebound has ignited renewed optimism among investors, suggesting a potential bullish trend. However, it’s…
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Market Analysis

Market Analysis Aug 5th, 2024: Bitcoin Plunged in the First Week of August

Reading Time: 6 minutes Bitcoin (BTC) started the first week of August 2024 with a significant price drop after closing the month of July with a positive increase. This decline was caused by various factors such as the weak US…
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Market Analysis

Market Analysis Jul 29th, 2024: ETF ETH Boost Confidence in Bitcoin

Reading Time: 6 minutes The recent launch of Ethereum Exchange-Traded Funds (ETFs) on July 23 has infused a new optimism into the cryptocurrency market. Generating over $1 billion in trading volume on their first day, these ETFs mark a significant…
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Market Analysis

Market Analysis Jul 22nd, 2024: Bitcoin on Track for Strong July Finish!

Reading Time: 7 minutes Crypto investors had a reason to smile last week as Bitcoin (BTC) prices returned to the $67K range. The increase in BTC price was driven by the positive inflows of BTC ETFs for 11 consecutive days.…
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Market Analysis

Market Analysis Jul 15th, 2024: Bitcoin Battles Resistance at Key 200-Day Moving Average

Reading Time: 6 minutes The world was shocked by the events experienced by US Presidential Candidate Donald Trump during a campaign in Milwaukee, where Trump’s ear was injured by a bullet. Surprisingly, this event had a positive impact on the…
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Market Analysis

Market Analysis Jul 8th, 2024: Bitcoin Price Plunges Amidst Rising Market Fear

Reading Time: 6 minutes Hitting its lowest point since February at $55,000, Bitcoin’s price faces headwinds from the Fed’s reluctance to cut rates, declining ETF inflows in the US, and recent actions by Mt. Gox and the German government. Check…