Tuesday, December 24, 2024
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Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’

$20,000 is no longer support. $100,000 didn’t happen. The Bitcoin halving is 562 days away.Bears simply refuse to release their vice grip on the market and the Federal Reserve’s policy of interest rate hikes and quantitative tightening is adding fuel to the fire. Despite these challenges, in a Sept. 15

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Ethereum price holds above $3K but network data suggests bulls may get trapped

When analyzing Ether's (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons. The current $3,100 price range represents a 43% recovery in 15 days and, more importantly, the descending channel resistance was ruptured on Feb. 7. Should Ether bulls start celebrating

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Bitcoin Price Trapped in Weekly Consolidation While Its Market Cap Dipped Below $1 Trillion

Bitcoin price dipped approximately 6.6% in the past 24-hours according to metrics provided by CoinGecko. Bitcoin price experienced a sharp decline on March 24 to trade below $52k, consequently, its market cap dipped below the $1 trillion levels to approximately $968 billion at the time of writing according to CoinGecko. However,

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