Bitcoin Remains in ‘Up Only Mode’ with Critical Price Points to Monitor
Despite a slight correction, Bitcoin's upward momentum continues, with major support and resistance levels that traders and analysts are closely watching.
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Despite a slight correction, Bitcoin's upward momentum continues, with major support and resistance levels that traders and analysts are closely watching.
Bitcoin's recent retreat follows substantial investments, while indicators suggest a potential surge in value before the year's end.
Amidst uncertainty due to a potential US government shutdown, new stimulus checks might provide much-needed liquidity for cryptocurrency markets, suggesting parallels to previous financial cycles.
Recent analysis reveals that while the S&P 500 thrives, it has suffered an 88% decline in value when measured against Bitcoin since 2020.
Bitcoin and precious metals are witnessing unprecedented surges as the USD is predicted to endure its worst year since 1973, hinting at a monumental economic transition.
Bitcoin futures indicate a bullish sentiment among traders as they buy aggressively, pushing volumes higher amidst discussions of ETF options.
Bitcoin's futures market is facing a potential liquidity flush as open interest reaches record levels.
Traders are increasingly bullish on Bitcoin futures as buy volumes lead the market, nearing a pivotal price level.
Bitcoin's price has surged 1% as it approaches the $120,000 level, raising optimism among traders for new all-time highs.
Recent analysis highlights that Bitcoin could reach $145,000 following a brief price adjustment.
Bitcoin starts October strong, raising hopes for new all-time highs. Analysts predict potential rallies for major cryptocurrencies.
Traders question whether Bitcoin's recent rise amidst the US government shutdown can be sustained in light of historical volatility.
UK officials deliberate on whether to retain substantial gains from seized Bitcoin linked to a fraud case instead of providing the full current value to affected victims.
China's recent export restrictions on rare earth minerals could undermine the US dollar's dominance, as argued by analyst Luke Gromen.
BTC may face a significant price drop if critical support levels are breached, suggesting a potential fall to $88,000.
The recent record prices of precious metals suggest a potential shift in investment towards Bitcoin, as analysts note its undervaluation amidst gold and silver highs.
Bitcoin has seen substantial growth, with the majority of its supply in profit; however, analysts caution against emerging short-term vulnerabilities.
Recent Bitcoin funding rates have turned negative, indicating a possible short-squeeze that could drive the price back to $90,000 or more.
As Bitcoin struggles with recent price drops, Bitfinex analysts foresee the potential for a surge in demand in the near future.

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