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Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500

Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to ,500Economist and gold advocate Peter Schiff warns of a continued bitcoin decline, stating that “this bear market is a long way from over.” He predicts significant price falls for both bitcoin and ethereum, suggesting a potential crash if critical support levels fail. “It’s a long way down,” he said. Regarding ether, Schiff predicted: “I think […]

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Robert Kiyosaki Predicts $10 Million Bitcoin and $15,000 Gold After Major Market Crash

Robert Kiyosaki Predicts  Million Bitcoin and ,000 Gold After Major Market CrashRich Dad Poor Dad author Robert Kiyosaki predicts an imminent economic crash followed by a significant bull market where bitcoin could easily reach $10 million per coin, gold could reach $15,000 an ounce, and silver possibly $110 an ounce. Kiyosaki suggests this cycle is inevitable due to declining trust in fiat currencies and historical precedents. […]

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Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See $150K BTC This Year

Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See 0K BTC This YearFundstrat’s head of research, Thomas Lee, has doubled down on his bitcoin price prediction of $150K by year-end, post Mt. Gox distribution. He expects “a pretty sharp rebound” for bitcoin in the second half of this year, citing the resolution of the Mt. Gox overhang, potential easing of Federal Reserve policies, and the impact of […]

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Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months

Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 MonthsBitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s price has ranged between $53,550 and $58,673, with a market capitalization of $1.08 trillion and a 24-hour trade volume of $54 billion. Bitcoin Bitcoin’s 1-hour […]

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Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap

Bitcoin Technical Analysis: BTC Slips Below K Closing CME GapBitcoin’s price on July 3, 2024, stands at $60,177, with a 24-hour intraday range from $59,712 to $62,974. The trading volume over the past 24 hours reached $24.36 billion, and the market capitalization is currently at $1.18 trillion. Analyzing various time frames and technical indicators reveals consistent bearish signals, suggesting caution for traders. Conversely, the […]

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Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in August

Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in AugustStandard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S. presidential election. The bank’s analyst expects a Trump victory to boost the price of bitcoin, while maintaining year-end and 2025 targets of $150,000 and $200,000, respectively. Bitcoin Surge Predicted Amid US Presidential Race Standard […]

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Ethereum Technical Analysis: ETH Surges Northbound Ahead of Anticipated ETF Listings

Ethereum Technical Analysis: ETH Surges Northbound Ahead of Anticipated ETF ListingsOn July 1, 2024, at 8 a.m. EDT, ethereum is trading for $3,457, with an intraday price range between $3,374 and $3,514. The 24-hour trading volume reached $10.35 billion, contributing to a market capitalization of $415 billion on Monday morning. Ethereum The ETH/USD 1-hour chart highlights a strong uptrend originating around $3,348. The sharp rise […]

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Bitcoin Technical Analysis: BTC Bulls Test Upper Resistance

Bitcoin Technical Analysis: BTC Bulls Test Upper ResistanceBitcoin’s price on July 1, 2024, stands at $62,769, with a 24-hour intraday price range of $61,261 to $63,694. The cryptocurrency’s market capitalization is $1.23 trillion, and the 24-hour trade volume is $21.98 billion. Bitcoin Bitcoin’s hourly chart presents a strong upward trend starting from approximately $60,620, peaking at $63,724, followed by a slight decline. […]

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Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal

Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish ReversalOn Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed by a breakout above $62,000, this could signal a bullish reversal. Additionally, the 4-hour chart reveals a descending channel from $65,144 to $58,456, where a breakout above the channel’s upper boundary near $62,000 […]

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