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Will #bitcoin bounce at $37.2K (bull market support band)?
Will #bitcoin bounce at $37.2K (bull market support band)?
Yes
67%
No, it’s going lower.
33%
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Since June 2023, Solana has consistently outperformed Bitcoin, with 1 BTC dropping from 1880 SOL to 366 SOL. This underscores the significance of seeking altcoins that outperform Bitcoin, as their chances of performing extremely well in a bull run are high.$BTC $SOL
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#Bitcoin and #Ethereum supply in profit is almost 100%. It is important to monitor if buying pressure from spot ETFs or retail investors outperforms the selling pressure from profit realisations.
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12,776 BTC just flooded in, worth a staggering $794 million USD! This massive buy-in is sending Bitcoin prices soaring. Wall Street's got eyes on your Bitcoin! 💸
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Who is the ultimate influencer on altcoins❓ The answer is global liquidity. 🔎Examining the link between total cryptocurrency market capitalisation (excl. BTC & ETH) and global liquidity reveals a strong positive correlation (0.78) between risky assets and global liquidity. 🏦As central banks' balance sheets grow, altcoins also grow, and vice versa. This emphasises the importance of watching global liquidity when entering a risk-on mode with altcoins.
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Summary of the Bitcoin spot ETFs holding, inflows & outflows. It is crucial to monitor these numbers as if buying pressure from the newborn ETFs outgrows the selling pressure of Grayscale, and the bitcoin halving is around the corner, a supply and demand sock is imminent.
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Najnowsze wiadomości
Bitcoin(BTC) Surpasses 72,000 USDT with a 3.84% Increase in 24 Hours
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Ethereum(ETH) Surpasses 3,700 USDT with a 9.64% Increase in 24 Hours
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Bitcoin Miners Face Challenges as Rewards Halve
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Polkadot Finds Support Within Pivotal Zone, Indicating Potential Bullish Revival
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Ripple's XRP Sees Modest Increase, Analysts Predict Potential Surge
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