Arbitrum DAO Eyes $3 Billion for Big Tech-Style Expansion G

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Arbitrum DAO Eyes $3 Billion for Big Tech-Style Expansion Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On WWW.CHIKAMOJI.LOL #Bitcoin #Ethereum #ARB #Arbitrum #BitcoinETF $ARB $BTC $ETH

Arbitrum DAO Eyes $3 Billion for Big Tech-Style Expansion
Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On WWW.CHIKAMOJI.LOL 
#Bitcoin  #Ethereum  #ARB  #Arbitrum  #BitcoinETF  $ARB  $BTC  $ETH 

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Bitcoin Skyrockets to $71,000 Amid Market Uncertainties and Selling Pressures

Bitcoin Skyrockets to $71,000 Amid Market Uncertainties and Selling Pressures Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ Key Points Bitcoin’s price briefly reached $71,000, driven by short liquidations over $20 million. Despite the price increase, sell-side pressure is rising, particularly from long-term Bitcoin holders. The price of Bitcoin (BTC) recently touched the $71,000 mark, largely due to short liquidations exceeding $20 million in the past day. As of now, Bitcoin is trading around $70,700, marking a 3% increase in the last 24 hours. Market Impact of Bitcoin’s Rise The surge in Bitcoin’s price resulted in a total of $27 million in liquidated Bitcoin positions. The broader cryptocurrency market experienced over $87 million in liquidations during the same timeframe. Most of these liquidations, approximately $50 million, were short positions, as per data from Coinglass. A recent QCP Capital report suggests that the unprecedented inflow of traditional capital globally will likely continue to support Bitcoin’s price. Sell-Side Pressure and Market Volatility However, a recent market report from Glassnode indicates growing sell-side pressure from long-term Bitcoin holders, those who have held coins for three months to three years. The report suggests that as prices rise, the incentive for this group to sell and increase their unrealized profit will likely grow. It was also noted that Bitcoin’s price reclaiming the $68,000 level has put only 0.03% of the long-term holder cohort in a position of loss. This has led most of the short-term holder cohort back into holding unrealized profit. #Bitcoin #BTC #Bitcoin #Ethereum #Memecoin $BTC $ETH $SOL

Dogecoin Analysis: Technical Indicators Suggest Impending Breakout

Dogecoin Analysis: Technical Indicators Suggest Impending Breakout Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ Technical indicators like the 2-month Bollinger Bands Breakout and LMACD bullish cross signal a potential Dogecoin price surge. Fibonacci levels and historical trends suggest multiple potential price targets for Dogecoin’s anticipated surge. Dogecoin community’s resilience and increasing whale activity fuel optimism for a price rebound. Analysts are predicting a potential surge in Dogecoin’s value, looking back at its historic rally in November 2020. This anticipation stems from technical indicators, including a breakout from the 2-month Bollinger Bands and a bullish crossover of the 2-month LMACD. These signals suggest that Dogecoin’s price could experience an upward movement in the near future. Kevin, a crypto analyst on X, has given his insights on the 2-month Bollinger Bands Breakout indicator, which indicates a breakout ready to occur for the first time since November 2020. This pattern, characterized by a period of contraction followed by expansion, often precedes a substantial price movement. Additionally, the 2-month LMACD bullish cross, unseen since November 2020, further strengthens the case for a bullish trend in Dogecoin’s price. Kevin’s analysis relies heavily on Fibonacci levels, presenting multiple 1.618 Fibonacci extensions as potential targets for Dogecoin’s price surge. Despite recent lows in the crypto market, Dogecoin has demonstrated resilience. Currently trading at $0.1605 with a market cap of $22.88 billion, DOGE experienced a decline over the past week. However, a rebound on June 1st saw the cryptocurrency reclaiming the $0.16 mark. #DOGE #Dogecoin #Bitcoin #Ethereum #Memecoin $DOGE $BTC $ETH

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