Tag: Bitcoin
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Bitcoin Consolidates as Realized Profits Stay Low – No Signs Of Major Sell-Off Yet
Bitcoin holds above $104K despite geopolitical and macroeconomic risks, with low realized profits indicating no major sell-off yet. Analysts remain divided on future price movements.
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This Bitcoin Investor Cohort Locked in $904,000,000 in Realized Gains, Driving BTC Sell Pressure, According to Analytics Firm Glassnode – The Daily Hodl
Glassnode reports Bitcoin holders of 6-12 months realized $904 million in gains, driving sell pressure, while long-term holders reduced profit-taking significantly.
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$8 XRP Breakout Brewing — SEC No Longer A Roadblock, Bullish Analyst Says
Analyst Crypto Beast predicts XRP could reach $8, citing regulatory clarity and a bullish chart pattern. The SEC no longer views XRP as a security, potentially fueling a breakout.
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‘Next Parabolic Move’ for Bitcoin Approaching As Two Historically Reliable Macro Indicators Flash Green, According to Analyst – The Daily Hodl
Analyst TechDev predicts Bitcoin’s next major rally based on two macroeconomic indicators: the copper-to-gold ratio and global M2 money supply growth, both showing positive trends historically linked to BTC bull runs.
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Buy Bitcoin Now? Not Yet—Analyst Says Time Holds The Key
Crypto strategist Astronomer advises waiting until after June 30 for Bitcoin’s next breakout, emphasizing timing over price. He outlines key accumulation levels ($90k-$103k) and highlights market dynamics.
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Researchers Forecast Bitcoin At $4.3 Million By 2036, Citing Institutional Demand
Researchers predict Bitcoin could hit $4.3 million by 2036 due to institutional demand, citing supply shock and limited liquid supply. ETFs and treasury companies are already reducing circulation.
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Ohio passes blockchain bill allowing $200 tax-free Bitcoin payments
Ohio’s House passed the Blockchain Basics Act, allowing tax-free Bitcoin payments under $200 and defining blockchain rights. The bill supports decentralized crypto use and mining, with bipartisan backing.
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Crypto’s Unlikely Ally: Top Analyst Reveals War As A Surprising Bullish Force
Crypto analyst Cyclop suggests geopolitical conflicts like the Israel-Iran crisis may boost digital assets, citing historical patterns of short-term dips followed by significant gains in Bitcoin and other cryptocurrencies.
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Bitcoin Volume Surges 100% Amid War Threats – What To Expect
Bitcoin trading volume surged nearly 100% amid Middle East tensions, reaching $88 billion. Price volatility and high open interest suggest war risks may already be priced into the crypto market.
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Billionaire Mike Novogratz Expects $1,000,000 Bitcoin Price Due to These Two Catalysts – The Daily Hodl
Mike Novogratz predicts Bitcoin could reach $1 million due to increased adoption and a weakening US dollar, with younger generations favoring it over gold as wealth transfers occur.
