Quick heads up, If you shorted #BTC two hours ago, there's s | Cryptop on Binance Square

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Quick heads up, If you shorted #BTC two hours ago, there's still time to reconsider.   NEW ATH coming, Bullish AF! #BTC  #CryptoNews 

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Bitcoin Now Leaning to the Upside As Market Strength Builds, According to Crypto Analyst Jason Pizzino : Bitcoin (BTC) is now leaning towards an uptrend because the crypto king continues to flash indicators of energy, in line with analyst Jason Pizzino. In a YouTube video posted on Sunday, Jason Pizzino informed his 312,000 subscribers that the highest crypto asset’s pattern was nonetheless “unconfirmed.” “Basically it’s up. The rationale I say unconfirmed is you’ve received greater highs, decrease lows. Till this places in a [higher] low after which begins to interrupt greater, that will be the affirmation of an uptrend.” Bitcoin broke out the day after his video, surging greater than 9% in 24 hours, indicating that BTC might have simply confirmed an uptrend after setting the next low at round $50,000. Pizzino, citing the energy of the market, additionally famous that he would nonetheless “lean towards the upside” for Bitcoin even when it does endure a short-term breakdown sooner or later. The analyst notes that the $45,000 vary would seemingly be his goal if Bitcoin’s worth corrects. He thinks a bigger drop right down to the $38,000-$39,000 vary is “comparatively unlikely,” on condition that it might signify the largest correction in BTC’s present transfer. The highest crypto asset by market cap is buying and selling at $56,388 at time of writing. Even after printing a contemporary two-year excessive, Bitcoin stays round 18% down from its all-time excessive of greater than $69,000, which it hit again in November 2021.

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#Bitcoin is at $53k I’m smiling to the bank 😊

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Since 2000, banks have been fined over 7,400+ times by regulators, resulting in fines of more than $381 billion, roughly one-third of the total #Bitcoin market cap.

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These Four Altcoins Will Explode After Ethereum Dencun Upgrade! Many vital occasions in regards to the cryptocurrency business will happen in 2024. Amongst these, Bitcoin halving, SEC’s spot Ethereum ETF choice and Ethereum Dencun improve are within the high three locations. It’s said that the Ethereum Dencun improve goals to cut back the prices and information availability of transactions on the layer-2 community. At this level, whereas the Dencun improve is predicted to trigger some Ethereum (ETH) layer-2 altcoins to rise, the host of the Coin Bureau YouTube channel said in a latest video that there could also be a giant explosion within the costs of 4 main altcoins because of the ETH Dencun replace. Stating that these altcoins are Arbitrum (ARB), Optimisim (OP), Immutable X (IMX) and Polygon (MATIC), the analyst stated: “Because the Dencun improve approaches, Ethereum layer-2 altcoins are additionally about to rise. With this improve, Arbitrum can keep its bullish momentum. ARB not too long ago hit an all-time excessive of $2.40 on January twelfth and exhibits no indicators of slowing down largely as a result of anticipated results of Dencun. With the improve, extra customers might flip to utilizing Arbitrum as a less expensive different to work together with Ethereum. Secondly, OP additionally has a major upward potential because it goals to create a “tremendous chain” ecosystem. Thirdly, after the Dencun improve, IMX may even see a fast acceleration in blockchain recreation growth as community effectivity will increase and change into one of many high contenders within the GameFi area. This means a major upward potential when it comes to value. Lastly, taking a look at MATIC, it reached an all-time excessive of $2.92 on December 27, 2021. It’s nonetheless 60% under its ATH. However with the Ethereum Dencun improve 2 this may increasingly all change.”

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