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Breaking: Movement of Satoshi-Era #Bitcoin 🔹 Event: A wallet holding 2,000 BTC, dormant since 2010, has just moved its funds for the first time in 13 years. 🔹 Historical Significance: The wallet is believed to be from the early days of Bitcoin, possibly linked to its origins or early adopters. 🔹 Speculations: Whale activity: Could indicate significant market moves. Potential cash-out or connection to early Bitcoin development. 🔹 Market Impact: May trigger short-term volatility. Brings renewed focus on Bitcoin’s early holders and history. Stay alert for further updates as the situation unfolds! #Bitcoin❗
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Market Psychology Cycle 😂 🔷 Down Market: Everyone’s wishing for a pump. 🔷 Market Pumps: Suddenly, everyone wants a dip. 🔷 Market Dips: Now panic sets in for many. And so the cycle goes on forever. Trading emotions in a nutshell!
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🚨 JUST IN: BlackRock’s Bitcoin ETF Hits $40 Billion in Record Time 🇺🇸🤯 🔷 Milestone Reached BlackRock’s Bitcoin ETF has amassed $40 billion in assets, marking the most successful ETF launch ever. 🔷 Unprecedented Demand This rapid growth highlights an extraordinary level of institutional interest in Bitcoin. The ETF’s success underscores Bitcoin’s growing role in mainstream finance! 🚀 #ETF #bitcoin
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Curious about the $PNUT bidders with its FDV approaching $1 billion 🤔 For those placing bids on $PNUT at this nearly $1 billion fully diluted valuation—what’s your perspective? 🔹 Do you anticipate it going even higher? Or perhaps $1 billion FDV seems like “just peanuts,” without factoring in typical crypto FDV ranges? Interested to hear what’s fueling this confidence in $PNUT’s potential at such a high valuation! #SOLFutureRise
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Certainly! Here's some data on Bitcoin corrections and historical trends: 1. Bitcoin Corrections and Consolidations: Historically, Bitcoin has seen multiple corrections of 20-30% or more within bull markets. These pullbacks allow for price stabilization, shaking out weak hands and building a stronger base for the next surge. 2. 2020 Comparison: In 2020, Bitcoin saw several corrections, notably in March with a 50% drop amid COVID-19 fears, followed by strong consolidation. This consolidation phase led to a massive rally, taking BTC from ~$10,000 to over $28,000 by the end of the year. 3. 2021 Precedents: Similar patterns followed in 2021 with Bitcoin’s rally to $64,000 in April, a subsequent correction to ~$30,000, and consolidation that led to a new peak of $69,000 in November. 4. Current Market Structure: Many analysts see a target of $100,000 as feasible, especially given decreasing supply through the halving cycles, increased institutional interest, and expanding use cases. 5. Probabilities and Predictions: Forecasts for $100,000 Bitcoin by end-of-year 2023-2024 are based on models like the Stock-to-Flow (S2F) model, which predicts price trends based on Bitcoin’s limited supply and halving events. While projections are optimistic, market volatility remains high, so ongoing monitoring of price action and sentiment is essential for those tracking Bitcoin’s path forward. #BTCBreaks89k #bitcoin☀️ $BTC
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