$BTC ๐ Buckle up, crypto enthusiasts! Bitcoin's bull run is back in action, surging past $60,000 for the first time since November 2021, when it hit a peak of $69,000. ๐ Not only that, but BTC's dominance over altcoins is making a comeback, surpassing 50% on CoinGecko after a brief dip to 48% last week.
๐ The recent BTC rollercoaster includes a jaw-dropping leap from $51,000 to $59,000 in just two days, and it doesn't stop there. The digital asset soared to a multi-year high of $60,600, leaving investors with wide grins.
๐๐ฎ As anticipation builds around the upcoming halving and Bitcoin's historical post-halving performance, speculation is rife in the community. Veteran trader Peter Brandt has upped his projection to an eye-popping $200,000! ๐ฐ
๐ Bitcoin's dominance isn't the only thing on the rise; it's now at 50.3% on CoinGecko and 52.7% on CoinMarketCap. Meanwhile, the daily tally of liquidated positions has skyrocketed to $315 million, with approximately 100,000 traders facing liquidation. The largest hit was on Bitmex, a whopping $8.3M position. ๐ฅ
Stay tuned for more thrilling BitcoinBitcoin updates! ๐
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Bitcoin is on the rise, currently trading between $50,901.04 and $57,073.074. A recent analysis reveals a promising M pattern on the weekly chart, with potential to revisit the 60k peak. ๐๐ฐ
Despite differing opinions, the crypto community is buzzing about a possible surge driven by halving events and institutional investments. ๐
While some foresee a remarkable $400k future, cautious investors hesitate due to the current high valuation. ๐ค๐ผ
Stay tuned for potential market shifts, and remember to do your research before making any moves. Your support matters! ๐๐ฌ๐
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