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Historically, when #
Bitcoin
closes September in the green, the final three months of the year have seen even bigger
gains
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BTC
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+2.19%
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#BTC/USDT ANALYSIS After breaking out of the symmetrical triangle pattern, BTC is currently testing the neckline of an inverse head and shoulders pattern. The Ichimoku Cloud indicates bullish momentum, suggesting that a successful test above the neckline could propel BTC to a higher level.
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JUST IN: 47% of hedge funds now invest in digital assets like #Bitcoin and crypto, up from 21% in 2021 - PwC survey
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šØ Utility coins are among the top earners in the past 30 days with over 200% growth! ā§ $HBAR ā§ $XRP ā§ $XLM ā§ $ALGO ā§ $IOTA
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š BREAKING: BLACKROCK BOOSTS CRYPTO HOLDINGS BY $6.51 BILLION IN DECEMBER š 1ļøā£ The Announcement: Global investment giant BlackRock has increased its cryptocurrency holdings by a staggering $6.51 billion this month, signaling unprecedented institutional confidence in the crypto market. 2ļøā£ Why Itās Extremely Bullish: ā¢ Institutional Domination: BlackRockās aggressive accumulation highlights the shifting financial landscape, with traditional finance giants embracing crypto as a critical asset class. ā¢ Market Confidence: This massive investment underscores the growing belief in crypto as a hedge against inflation and a foundation for the future of finance. 3ļøā£ Strategic Implications: ā¢ Catalyst for Growth: With BlackRock leading the charge, other institutions may follow, driving further adoption and liquidity into the crypto ecosystem. ā¢ Key Assets: While specific allocations havenāt been disclosed, focus on assets like $BTC, $ETH, and major Layer 1s is likely, bolstering their long-term outlook. 4ļøā£ What This Means for the Future: ā¢ BlackRockās $6.51B move cements crypto as an essential part of global investment portfolios. ā¢ The financial landscape is rapidly evolving as institutional players solidify their presence, paving the way for mainstream adoption of blockchain technology. Stay Tuned: BlackRockās latest move is a game-changer, signaling that the era of cryptoās integration into traditional finance has only just begun. #BlackRock #Bitcoin #Ethereum #Blockchain #InstitutionalAdoption #CryptoInvesting #FutureOfFinance
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#tfuel/usdt Theta Fuel has broken the trendline to the upside on the weekly chartš Expect price movement towards targets at $0.13, $0.24 and $0.42šÆ
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