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Bitcoin price (BTCUSD) forecast update - 03-06-2024 Bitcoin (BTCUSD) Price Analysis Expected Scenario Bitcoin price (BTCUSD) is testing the key resistance 69110.00$, waiting to breach this level to get positive motive that assist to push the price to achieve additional gains that start at 70645.00$ and extend to 73800.00$. In general, the bullish trend scenario will remain valid and active for today unless breaking 67080.00$ and holding below it. Expected Trading Range The expected trading range for today is between 67000.00$ support and 70600.00$ resistance. #StartInvestingInCrypto #ETFvsBTC #MantaRWA #btc70k #EarnFreeCrypto2024 $BTC {spot}(BTCUSDT)

Bitcoin price (BTCUSD) forecast update - 03-06-2024

Bitcoin (BTCUSD) Price Analysis

Expected Scenario

Bitcoin price (BTCUSD) is testing the key resistance 69110.00$, waiting to breach this level to get positive motive that assist to push the price to achieve additional gains that start at 70645.00$ and extend to 73800.00$.

In general, the bullish trend scenario will remain valid and active for today unless breaking 67080.00$ and holding below it.

Expected Trading Range

The expected trading range for today is between 67000.00$ support and 70600.00$ resistance.

#StartInvestingInCrypto #ETFvsBTC #MantaRWA #btc70k #EarnFreeCrypto2024

$BTC

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Crypto Hacks Net $19B Since 2011 and Illegal Activity on Blockchain Is Still Growing Almost $19 billion of crypto has been stolen over the past 13 years. The largest theft, $2.9 billion, took place in 2019. Illegal activity on the blockchain has continued to grow in 2023 and 2024, the report said. Almost $19 billion worth of cryptocurrency has been stolen in thefts dating back to 2011 and the industry continues to grapple with rising blockchain-related crime, according to a report from Crystal Intelligence. The report notes 785 incidents of crypto theft comprising 220 security breaches, 345 decentralized finance (DeFi) hacks and 220 fraud schemes. The largest theft occurred in 2019, when $2.9 billion was stolen in connection to the Plus Token Ponzi scheme. Crypto crime has continued to surge since then, and 2023 set records for the volume of crypto thefts with 286 incidents worth more than a total of $2.3 billion. "Even with improved and enhanced monitoring and reporting mechanisms, illegal activity on the blockchain has continued to grow," the report said. Over the past two years Ethereum has become the No. 1 target, with 131 incidents worth almost $1.3 billion in all. That's followed by Binance Smart Chain (BSC), hit 100 times for over $186 million. The report takes into account all hacks until March 2024. Since then, Japanese crypto exchange DMM Bitcoin was hacked for $320 million, with the company saying it will raise the capital to pay back all affected users. #IOprediction #Binance200M #TopCoinsJune2024 #ETFvsBTC $ETH $BNB
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🚀🚀😱Top 4 Altcoins of 2024 for Smart Investors😱🚀🚀 1.Avalanche (AVAX ) Witnesses Price Decline Amid Increased Market SwingsAVAX ’s price has seen a notable decline, continuing a downward trend over recent days. The Bollinger Bands signal increased volatility in both short and long-term price movements.As trading volumes rise and the circulating supply expands, investors are evaluating its status as a top altcoin for 2024, given its dynamic ecosystem and potential for rebound. 2. Dogecoin Responds to Minor Market AdjustmentsDogecoin is weathering slight changes in market sentiment, with a modest 0.67% decrease over the last day. Stable for now, DOGE shows resilience amidst market volatility.It encounters resistance at a pivotal level; surpassing this could allow it to approach a higher psychological mark. On the flip side, maintaining support is essential to fend off any potential declines. Current indicators suggest a moderately optimistic outlook and a stable market. 3. Cardano’s Price Teeters on the Edge of a Steep FallCardano’s value has plummeted from its peak in 2024, creating a bearish ascending triangle pattern that suggests a further 17% drop. The Relative Strength Index (RSI) remains below the midpoint, affirming this pessimistic prediction.ADA appears set to continue its decline, potentially pausing at specific support zones before reaching its projected lower target. Investors ponder if it still ranks as a top altcoin for 2024, given its current trend and market conditions. #IOprediction #Binance200M #TopCoinsJune2024 #ETFvsBTC $AVAX $DOGE $ADA
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🚀😱PEPE and BONK heading for a Bull Run as the market crashes😱🚀🚀 The volatility is peaking as the crypto market crashes with the FOMC meeting and the inflation report coming on June 12th. However, certain meme coins like the PEPE and BONK are resurfacing as the optimistic eyes expect a recovery in this segment. With the #PEPE price jumping 5.41% last night and the #BONK ready for a morning star, the meme coins are ready for a trend reversal. Will this reversal rally lead to a broader market comeback this month? Let’s examine the price chart and technical analysis of PEPE and BONK to learn more. PEPE Plans Meme Coin Segment Reversal With a pullback phase in the daily chart, the PEPE price trend shows a retest of the 50D EMA. Following the retest, the meme coin price trend takes a lateral shift with no decisive move in the past four days. However, with the recent overnight jump of 5.41% along with an intraday move of 1.04% today, the PEPE price trend reveals a potential comeback move. Furthermore, the MACD and signal lines plan for a bullish crossover in the positive territory. Hence, if the broader market recovers post-FOMC meeting, the PEPE price could surge to its all-time high levels. Optimistically, the bull run can lead the meme coin to break $0.000018 and reach the psychological mark of $0.000020. A Morning Star Bull Run For BONK? With a negative cycle in the rising channel pattern, the BONK price drops under the 50D EMA. Further, the meme coin loses the critical level of 50% Fibonacci level and the $0.000030 psychological mark. The BONK price action reveals a bullish failure of the rounding bottom pattern and tests the support zone at the 38.20% Fibonacci level at $0.00002679. With the bullish recovery, a morning star pattern forms at a crucial level of support, teasing a comeback rally. If the buyers undermine the selling pressure to reverse the trend polarity, the uptrend in the meme coin can reach $0.00003756. #Binance200M #IOprediction #TopCoinsJune2024 #ETFvsBTC $PEPE $BONK
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