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BNB breaks record: Famous analyst announces price target! Binance Coin (BNB) renewed its ATH by touching $775 with the rise in the market. $BNB price gained a strong bullish momentum by rising to $775. The rise in the popular altcoin was triggered by the breaking of an important technical formation and the formation of a golden cross. In particular, the increasing trading volume in the parity and the analysts' views support a new bull run. The recent rise in #BNB price is attributed to the breakout of the inverse head and shoulders pattern. This pattern usually signals the end of a downtrend. BNB breaking the $680-700 resistance level shows that this pattern has been confirmed and the pair is moving into a bullish trend. The breakout of the inverse head and shoulders pattern indicates that the price target is up to $780, while the next major resistance level is seen at $800. However, some analysts think that BNB’s rally could go much further. Crypto analyst Ali Martinez predicts that if BNB’s weekly close remains above $662, the price could rise to $1,630. The 50-day simple moving average (SMA) on the BNB chart has crossed above the 200-day SMA, creating a golden cross. This development can be interpreted as a strong price action signal that BNB is expected to rise further in the long term. The fact that the 50-day SMA is currently trading above the 200-day SMA suggests that BNB is still in the early stages of a long-term bull trend. Golden crosses are often seen before major increases. The possibility of BNB reaching $1,000 is also linked to this formation. The area that short/medium term investors should pay attention to in declines is the $680-700 range. The $800 level can be followed as resistance. #BNBHitsATH #Share1BNBDaily
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Bitcoin (BTC) is facing a strong increase in demand as retail investors re-enter the scene. Current demand has even surpassed the levels seen in May 2020. Bitcoin’s long-standing failure to reach $100,000 is drawing attention. The increased purchases of BTC by retail investors in particular have increased expectations for a bull season. In the past, Bitcoin’s price has risen on the back of rising individual demand, often driven by whales and institutional investors. However, according to CryptoQuant data, this trend is changing. The 30-day individual investor demand metric tracks trading volumes below $10,000, revealing the growing influence of individual investors. The metric is currently at 27.15, the highest level in four years. The last time it was neared, Bitcoin’s price rose from $9,500 to $37,000 in six months. If history repeats itself, #Bitcoin could surpass the $100,000 level in a few months. However, CryptoQuant analyst Darkfost believes that this level may not be overcome quickly. On the weekly chart, Bitcoin has formed a bull flag formation. This formation consists of a sharp price increase (pole) followed by a consolidation phase marked by parallel trend lines (flag). Bitcoin breaking out of this formation indicates that the price could reach higher values in the short term. If this is confirmed, Bitcoin’s price could rise to $100,274 in a short time. Weekly closes above $100,000 could start a journey towards $110,000. On the other hand, if there is a decrease in retail investor demand, this prediction may not come true and the BTC price could fall to $90,275. #BNBHitsATH #MicrosoftBTCInvestmentVote #Share1BNBDaily #XRPReclaimsTop3
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Putin: Bitcoin ve dijital varlıklar gelişmeye devam edecek. $BTC $ETH $XRP #BNBHitsATH #Share1BNBDaily #MicrosoftBTCInvestmentVote #ETHOnTheRise #XRPReclaimsTop3
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Fed Chair Powell: Bitcoin is like gold, but digital. Bitcoin is used as a speculative asset; it competes with gold, not the US dollar. #BNBHitsATH #Share1BNBDaily #MicrosoftBTCInvestmentVote #ETHOnTheRise #XRPReclaimsTop3
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🗣️Fed Chairman Jerome Powell: • He is trying to find a middle ground where policy is less restrictive, allowing for a reduction in inflation without harming the labor market. • We value the relationship between crypto and the banking system. • Bitcoin is used as a speculative asset and competes with gold, not the US dollar. 🗣️Federal Reserve Chairman Jerome Powell: Bitcoin can be thought of as a digital version of gold. #BNBHitsATH #Share1BNBDaily #MicrosoftBTCInvestmentVote #ETHOnTheRise #XRPReclaimsTop3
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