Bitcoin continued to fluctuate in a narrow range around $63,000 over the weekend, and after hitting $62,356 at 6 a.m. this morning (23), it soared to $64,048, performing a double kill of longs and shorts.

Then, after 8 o'clock earlier, it once again fell to 62,500 yuan and then quickly rose, leaving a long lower shadow. The fluctuations within three hours were quite violent. At the time of writing, Bitcoin returned to 63,782 US dollars, challenging the 64,000 US dollar mark.

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As time goes by, the EMA indicator of Bitcoin has been repaired and has caught up with the pace of the K-line! The K-line is sideways and connected with EMA20! The expected decline did not occur!

From this point of view, there is a high probability that there will be a wave of pull-ups in the near future! The power is fully charged!

Review: Every year after the Bitcoin halving, a crazy bull market will be triggered:

The halving occurred in 2012, and a huge bull market began in 2013.

The halving occurred in 2016, and the market entered a frenzy again in 2017

The 2020 halving will kick off another round of bull market in 2021

The price will be halved in 2024, and the same historical script may be repeated in 2025, ushering in a bull market feast that cannot be ignored.

Get ready for a new round of market carnival!

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The monthly line will come to an end at the end of September, and the real main rising wave will start in October, when the autumn market will arrive. Looking back at the unilateral upward trend in February in the spring, Bitcoin was the first to rise, and then Ethereum followed suit and the Shanzhai took over.

Recommend potential altcoins worth buying in the near future

» OM

Market value: $982 million

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OM has been performing impressively lately, doubling in value over the past six months! Although it has pulled back slightly recently, the upward momentum remains strong.

If the resistance level of $1.34 is broken, OM could rally to $1.64, giving investors a potential gain of 30%.

As a project focused on decentralized finance (DeFi) solutions, OM is expected to follow Bitcoin’s bullish trend and is definitely an exciting altcoin to keep an eye on!

» DODO

Market value: $108 million

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Highlights:

1- Flexible liquidity: Active market maker algorithm reduces slippage, supports multi-asset trading, easy operation, clean interface, and multi-chain compatibility. It especially serves token issuance, enhances liquidity, and promotes long-tail asset trading.

2- Multi-chain one-click coin issuance: expand project participation, attract new projects, enrich asset types and trading pairs, increase user traffic, and broaden market boundaries.

3- Meme platform and one-click coin issuance: keep up with hot topics, attract enthusiasts and investors, and enhance community interaction; create a token channel for the BTCFi project, lower the threshold for Meme coin issuance, and promote market development. Autonomous mining increases user participation and creates income for Meme coin holders.

4- Pegged Pool: Helps BTCFi assets to be pegged to BTC prices, reduces volatility risks, stabilizes the prices of specific Meme coins, and promotes healthy development.

5- Advantages of low market capitalization: high growth space, large return potential, flexible strategic adjustment, and easy launch of new products and services. Significant assistance from top institutions: with abundant resources and excellent reputation, they enhance investor confidence and enhance industry status. Promote the establishment of cooperation, broaden business paths, and attract users and project parties to join.

» SAGA

Market value: $264 million

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Saga may be an unknown coin that grows 10 times. It came out secretly. It is an L1 and few people are discussing what it is. In fact, the cosmos ecosystem has released a lot of soaring coins, which I will not describe one by one here.

There is an unchanging principle that the coins that have been hyped will most likely not be hyped again. Like Tia, the new ones are hyped but the old ones are not. The coin will only rise steadily, and may not rise much even if there is no development. Tomorrow there will be a big fluctuation, and it will be an upward fluctuation. If you want to increase your holdings of some new coins, you can consider saga. There is nothing wrong with buying in batches!

Saga is a layer 1 network built on the Cosmos SDK with unlimited horizontal scalability potential. The project aims to simplify and enhance the DeFi and Web3 gaming industries by providing a more customizable and streamlined new application development process.