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#BTCOutlook The Bitcoin market fell hard early in the Friday session, but also seems to have found a bit of support at the 50 Day EMA indicator. At this point, the market is likely to see a lot of volatility, but at this point in time, the market is still very bullish over the long term as far as I can see. Bitcoin Technical Analysis The Bitcoin market has been rather noisy as of late, but we have seen a pretty significant move on Friday, which could be the beginning of a recovery. It is worth noting that the Bitcoin market did bounce right at the 50 day EMA. So, with that being said, I suspect that you have a situation where traders are trying to come in and pick up a cheap Bitcoin. After all, it did fall for something like a 15% loss at one point. Over the longer term, it’ll be interesting to see how this plays out. But really, this to me looks like a classic buy on the dip opportunity, as Bitcoin has probably started to carve out a range more than anything else. I could very realistically see a range between $90,000 on the bottom and $110,000 on the top.
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#BTCNextMove $BTC $BNB Tether CEO Paolo Ardoino Teases AI Platform Targeting Early 2025 Debut The company, known for its $140 billion U.S. dollar stablecoin USDT, has made significant efforts to expand beyond its stablecoin operations this year. What to know: Tether aims to debut an artificial intelligence platform in Q1 2025, CEO Paolo Ardoino said in an X post on Friday. The company issues the $140 billion USDT stablecoin, and recently invested in several sectors including AI to expand beyond stablecoin issuance. Tether, the crypto company behind the $140 billion cryptocrrency USDT, is working on an artificial intelligence (AI) platform and aiming to debut early next year, according an X post by CEO Paolo Ardoino. "Just got the draft of the site for Tether's AI platform. Coming soon, targeting end Q1 2025," Ardoino posted on Friday. Tether is known for issuing USDT, the most popular stablecoin in the market, but the company recently made significant efforts under Ardoino's leadership to expand its business beyond stablecoin issuance.
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[Clem Chambers Explain] I am the CEO of Online Blockchain and founder of the upcoming finance site aNEWfn.com. I am a prolific financial writer; I wrote a stock column for Wired--which described me as a ‘Market Maven’ --and am a regular columnist for numerous financial publications around the world. I have written for titles including: Working Money, Active Trader, SFO and Technical Analysis of Stocks & Commodities in the U.S. and have written for pretty much every U.K .national newspaper. In 2018, I won Journalist of the Year in the Business Market Commentary category in the State Street U.K. Institutional Press Awards. In the last few years I have become a financial thriller writer and have penned the best-selling investment how-to book: 101 Ways To Pick Stock Market Winners. Find me here on U.S. Amazon. You may also have seen me on CNBC, CNN, SKY, Business News Network and the BBC. #BTCNextMove
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$BTC has to go up a long way from current levels to be attractive at $100,000. Even if bitcoin $BTC was to hit $150,000 a coin, that’s a sort of increase most people would consider achievable in picking the right stock. To get to the sort of multi-bagger profit, $BTC would have to rise well on the way to the legendary target of $1 million. As far as I’m concerned this is not going to happen. The following projection is a sketch of why a big move up seems unlikely and where I see the top at the moment: #BTCNextMove
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#BTCNextMove BTC Update: 12 Days Left! We have 12 days left to maintain the narrative. If we continue to fall, it could mark the first time in a halving cycle that $BTC doesn’t close all three months of Q4 in green. . For the first time, we might see a red December and a red monthly close during a halving! . After a long Bullish Rally and Non-Stop Green Candles, finally BITCOIN formed Engulfing long RED Weekly candle. What this entails, most $BTC holders right now FEAR - has this BULL RUN ended? Only time will tell, however year's about to close and people will be on vacations - indicating low volume tides and when this happens, BTC might experience pullback to atleast low 80K. . With Short term pullback in sight, don't get me wrong because long term BITCOIN is still bullish and 1-2 weeks into the new year 2025 you'll start seeing BITCOIN regaining momentum again - targeting 120K! What are your predictions? Comment 'Signal' for more signals 🫡 Follow me
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