The "Death Cross," a worrisome technical indication, is approaching for Bitcoin. When Bitcoin's 50-day Simple Moving Average (SMA) passes below its 200-day SMA, this occurrence takes place. This pattern, which frequently denotes approaching negative momentum,
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Despite U.S. Bitcoin spot ETFs getting closer to approval and a strong stock market, Bitcoin is now down 15% in the third quarter of 2023. According to Bloomberg strategist Mike McGlone, Bitcoin could be telling
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Recently, the network for Bitcoin became congested due to a backlog of more than 560,000 unconfirmed transactions. Memory utilisation skyrocketed above the 300 MB ceiling and reached a startling 1GB. Even transaction costs increased, at
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The biggest cryptocurrency by market value, bitcoin, may be headed towards its significant "death cross" in 2023. For the first time since January 2022, a "death cross," a negative chart pattern, is expected to appear
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Robert Kiyosaki, a well-known author best recognised for his bestselling book "Rich Dad Poor Dad," has made an intriguing market prediction that might have broad ramifications. According to Kiyosaki, Airbnb is positioned to lead a
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The cryptocurrency sector, powered by Bitcoin, is primed for an unparalleled boom, claims financial research company Bernstein. The company asserts that this uptick is the result of last week's significant court ruling in Grayscale's favour
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A senior strategist at Bloomberg Intelligence, Mike McGlone, recently revealed some intriguing views on Bitcoin's performance. Without merely citing his tweets, let's dissect what his analysis says. BTC saw a 15% decline in the third
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Max Keiser, a vocal advocate of Bitcoin, crypto podcaster, and former trader, feels there are a few factors that are now causing a slight headwind for Bitcoin. He recently revealed these things with the crypto
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The present environment of bitcoin offers a variety of options. The asset is currently priced at $25,737, which raises some short-term concern. The risk-to-reward ratio, however, appears to be favourable in the midterm future, particularly
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Famous bitcoin analyst Dave The Wave used X (formerly Twitter) to predict a probable breakout in the price of Bitcoin in 2025. His research indicates that while Bitcoin's halving occurrences may lose some of their
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