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Bloomberg Predicts Crypto Supercycle: Bitcoin Price#BTC🔥🔥 Rally to $500K
The recent surge in Bitcoin (BTC) price could be the beginning of a new crypto supercycle that propels the world’s largest cryptocurrency to an astonishing $500,000.
Enthusiasts believe that the recent surge in BTC price, which saw the leading cryptocurrency surpass $42,000, is indicative of a new monetary order that is captivating Wall Street and the digital-assets community, according to a Monday report from Bloomberg.
The excitement surrounding Bitcoin’s rally has fueled optimistic predictions about its future gains.
The prophecies for how high the coin could go spanned anywhere from $50,000 in the immediate term, to above $530,000, the report noted.
“It’s getting crazy again. Those kinds of comments show just how quickly sentiment can change for this asset class,” said Matt Maley, chief market strategist at Miller Tabak & Co.
Bitcoin has experienced a remarkable revival in 2023, gaining over 150% so far this year.
#BTC🔥🔥 #btc🚀 #btc500 #BTC
The recent surge in Bitcoin (BTC) price could be the beginning of a new crypto supercycle that propels the world’s largest cryptocurrency to an astonishing $500,000.
Enthusiasts believe that the recent surge in BTC price, which saw the leading cryptocurrency surpass $42,000, is indicative of a new monetary order that is captivating Wall Street and the digital-assets community, according to a Monday report from Bloomberg.
The excitement surrounding Bitcoin’s rally has fueled optimistic predictions about its future gains.
The prophecies for how high the coin could go spanned anywhere from $50,000 in the immediate term, to above $530,000, the report noted.
“It’s getting crazy again. Those kinds of comments show just how quickly sentiment can change for this asset class,” said Matt Maley, chief market strategist at Miller Tabak & Co.
Bitcoin has experienced a remarkable revival in 2023, gaining over 150% so far this year.
#BTC🔥🔥 #btc🚀 #btc500 #BTC
Bitcoin’s Perilous Journey: Liquidation Chaos at $97,371!
The Binance $BTC /USDT Perpetual market has witnessed a seismic liquidation storm as Bitcoin hovers at $97,371.
Both long and short positions are being obliterated, leaving traders gasping amidst a volatile battlefield.
Red Alert for Longs: A massive wave of long liquidations is concentrated between $93,400 and $97,371, with high-leverage traders (50x and 100x) bearing the brunt.
The cascading red bars on the chart scream devastation, with tens of millions wiped out in moments.
Short Squeeze Sparks Green Surge: On the flip side, the shorts faced annihilation above the $97,371 mark.
With cumulative short liquidation leverage surging beyond $800M, the higher green territory signals relentless pressure against those betting on the downside.
This is no ordinary shakeout – Bitcoin’s liquidation map reveals an arena where leverage-fueled positions meet their untimely demise.
Whether you're a bull or a bear, the liquidation engine shows no mercy.
Are you prepared for Bitcoin’s $BTC next move? One thing’s clear – the $97,371 price point is a bloodbath zone for traders.
Stay sharp, or risk being swept away in the storm!
#btc500
#USJoblessClaimsFall
#GrayscaleSUITrust
#BinanceAlphaAlert
#USUALBullRun
The Binance $BTC /USDT Perpetual market has witnessed a seismic liquidation storm as Bitcoin hovers at $97,371.
Both long and short positions are being obliterated, leaving traders gasping amidst a volatile battlefield.
Red Alert for Longs: A massive wave of long liquidations is concentrated between $93,400 and $97,371, with high-leverage traders (50x and 100x) bearing the brunt.
The cascading red bars on the chart scream devastation, with tens of millions wiped out in moments.
Short Squeeze Sparks Green Surge: On the flip side, the shorts faced annihilation above the $97,371 mark.
With cumulative short liquidation leverage surging beyond $800M, the higher green territory signals relentless pressure against those betting on the downside.
This is no ordinary shakeout – Bitcoin’s liquidation map reveals an arena where leverage-fueled positions meet their untimely demise.
Whether you're a bull or a bear, the liquidation engine shows no mercy.
Are you prepared for Bitcoin’s $BTC next move? One thing’s clear – the $97,371 price point is a bloodbath zone for traders.
Stay sharp, or risk being swept away in the storm!
#btc500
#USJoblessClaimsFall
#GrayscaleSUITrust
#BinanceAlphaAlert
#USUALBullRun