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✔️ Německá vláda převedla dalších 1 500 BTC (94 milionů dolarů), včetně adres krypto burz
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Bitcoin (BTC) to Plummet Toward $47,000, Predicts Top Analyst $BTC The price of Bitcoin (BTC) has been predicted to plummet near the $47,000 mark. This comes amid the ongoing crypto bloodbath. The total crypto market cap has dipped 5.16% in the last 24 hours, currently at $2.02 trillion. It is seen as one of the worst crypto market drums in the recent past. The Bitcoin price has also been in trouble lately. As of writing this story, BTC is trading at $55,576, a decrease of 3.69% over the last day. However, it has plummeted 21.66% in the last 30 days. Shockingly, it seems that this Bitcoin crash is not going to end yet. Renowned crypto market expert Ali Martinez has shared his crucial insights about BTC's price movement. He tweeted that the largest coin on the market lacks a major support level. Bearish sentiment looms over Bitcoin Martinez has predicted that BTC is having a key demand zone around the $47,000 area. This means that it is likely that the coin will hit this price level during the ongoing market downturn. However, Martinez also explained a potential rebound scenario. According to him, the Bitcoin price has to close and hold above the $61,000 level to resume its bull run. While it seems a far-fetched scenario considering the current scenario, it can never be taken out of the picture. If bulls try to take control, Bitcoin can ignite this potential rebound.However, the crypto community does not look too optimistic about it. No one was anticipating the current crash as the market was awaiting a major bull run after the recent BTC halving event. Traders were also bullish after the approval of Bitcoin spot ETFs earlier this year.To their dismay, Bitcoin failed to ignite a major bull run. While it was consolidating in the past few weeks, this week brought a broader crypto bloodbath. But such volatility is expected from Bitcoin and other coins. Hence, anything can happen, and we may still see the much-anticipated Bitcoin rally later this year.
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Artificial Superintelligence Alliance (FET) With the AI tokens ready for a comeback, the FET price action reveals a potential double bottom at the $1.15 mark. With an early reversal in the falling channel’s negative cycle, the altcoin projects a potential bounce back. With a market cap of $3.149 Billion, the FET price is down by 28% in the last 9 days. However, the intraday growth of 9.40%, making a bullish engulfing candle, completes a morning star pattern. With the upside target of $1.55 next week at the 38.20% Fibonacci level, the AI altcoin is a great pick for next week $FET
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The Altcoin Jupiter (JUP) Eyes Wedge Breakout With a declining trend in the daily chart, the JUP price action reveals a falling wedge pattern. In the recent crash, the altcoin dropped to the $0.73 mark of the 78.60% Fibonacci level. However, the drop to $0.73 teases a bull cycle with a double bottom and a morning star at the support. Currently, the altcoin trades at $0.76 with an intraday gain of 3.83%, forming a bullish engulfing candle. As the broader market recovery gains momentum, the JUP price teases a breakout rally to reclaim the $1 psychological mark. As per the Fibonacci levels, the breakout rally could reach the $1.25 mark. $JUP
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LayerZero (ZRO) Outgrows The Market Crash With a massive recovery in the 4H chart, the ZRO token price seems completely unaffected by the market crash. With the V-shaped recovery rally from the $2.75 mark, the altcoin has increased by 32%. Currently, the ZRO price trades at $4.337 and challenges the 1.618 Fibonacci level. As the bull run gains momentum, the altcoin price could witness a breakout run shortly. As per the Fibonacci levels, the breakout rally could surge to the $5.657 mark next week. $ZRO
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Top Three Alt Coins To Buy Next Week Surviving a market crash, the alt coin market signals a potential recovery rally in the upcoming week. As Bitcoin reverts from $52,500 to $56,5000, the low-cap altcoin skyrockets with increased momentum. As the cryptos are ready to overcome the massive supply dump, these low-cap crypto gems are worth looking out for. So, let’s examine our choice of top alt coins to buy next week for maximum gains. Artificial Superintelligence Alliance (FET) The Altcoin Jupiter (JUP) Eyes Wedge Breakout LayerZero (ZRO) Outgrows The Market Crash $FET $JUP $ZRO
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