Bitcoin bull cycle

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Bitcoin’s Market Trend: Bullish Surge or Imminent Correction?

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Bitcoin has been exhibiting a strong bullish trend, with buyers’ dominance pushing the price to a significant resistance level around $35K. This trend, evident from the start of 2023, has been marked by an ascending channel pattern of higher highs and lows. However, a temporary market correction seems plausible due to the rapid price surge.

On a daily analysis, Bitcoin’s upward momentum has seen it surpass its previous significant daily swing high at approximately $31.8K, leading to a n

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Bitcoin to Surpass Gold and Silver in Market Capitalization, Predicts Analysts

Crypto News and Updates / /

An anonymous cryptocurrency analyst from the YouTube channel InvestAnswer has highlighted the potential of Bitcoin (BTC) to surpass gold and silver in market capitalization within the next decade. The analyst emphasized the underlying differences between Bitcoin and these traditional safe havens, particularly the ability to verify Bitcoin holdings as opposed to the risks associated with paper versions of gold.

The analyst further highlighted the potential for price manipulation by fina

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A Massive Bitcoin Uptrend Coming Based on BTC/SPX Ratio, Suggests Macro-Economist

Crypto News and Updates / /

According to macro-economist Henrik Zeberg, Bitcoin and other risk assets are primed for a significant move, based on the BTC/SPX Ratio. This indicator compares Bitcoin’s performance to the S&P 500 index (SPX), and Zeberg believes that the Bitcoin uptrend is just getting started. Recent dips in September could offer opportunities for traders to accumulate.

The BTC/SPX Ratio, an indicator that evaluates the relative performance of Bitcoin and the stock market, is currently rising

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