Bitcoin 2 Months Through “Euphoria Wave,” How Long Was The Last One?

On-chain data shows Bitcoin has been going through a “euphoria wave” for two months. Here’s how long it was in this phase during the last bull run. Bitcoin Has Been In Euphoria Wave Phase According To Supply In Profit According to the latest weekly report from the on-chain analytics firm Glassnode, the current BTC cycle is similar to the last one regarding the “Supply Profitability State.

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Wyckoff ‘SOS’ Could Catapult Bitcoin To $100,000: Hedge Fund Manager

Charles Edwards, founder of the Bitcoin and digital asset hedge fund Capriole Investments, published a detailed examination of Bitcoin’s current market phase suggesting a bullish trajectory, potentially reaching the $100,000 mark.

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Polygon (MATIC) Suffers Network Outage For Over 12 Hours

Polygon has announced plans to upgrade the zkEVM protocol, acknowledging the need for enhancements in its current beta phase. The post Polygon (MATIC) Suffers Network Outage For Over 12 Hours appeared first on BeInCrypto.

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History Suggests When Cardano’s ADA Should Resume Upward Trajectory and It Will Be Massive

Popular crypto analyst Ali recently posted about the potential for Cardano’s price to see significant gains in the coming months. According to Ali, Cardano’s current consolidation phase mirrors its late 2020 behavior.

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Bitcoin (BTC) to 6x From Here? Analyst Shares Reasoning

Bitcoin has long way to go, even within current phase of market, believes analyst

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Bitcoin Eyes New Highs As Bloomberg Analyst Reiterates 90% Chance Of January ETF Approval

Bitcoin (BTC), the leading cryptocurrency, is currently in an upward accumulation phase, inching closer to surpassing its current yearly high of $38,390.   This upward trend is further fueled by the anticipation surrounding the approval of Bitcoin spot exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC).

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‘Enjoy sub-$40K Bitcoin’ — PlanB stresses $100K average BTC price from 2024

Bitcoin is in its “pre-bull market” phase, and the days of BTC price trading at current levels are numbered, the stock-to-flow creator says.

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Cardano Price Poised To Rally 650% By July 2024: Crypto Analyst

According to crypto analyst Ali Martinez, Cardano (ADA) is exhibiting a price consolidation pattern that is highly bullish. Drawing parallels to the consolidation phase of 2018-2020, Martinez points out that ADA’s current trend is a mirror image, albeit without the disastrous COVID-19 crash.

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Bitcoin Macro Index Enters ‘Expansion’, Echoing 400% Bull Run Surge

In a detailed market update, Charles Edwards, founder of Capriole Investment, has provided an in-depth analysis of Bitcoin’s current market position, highlighting a pivotal shift to an ‘expansion’ phase in the Bitcoin Macro Index.

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Bitcoin Bulls Gear Up: 200-Day SMA Rise And Historical Trend Signal $50,000 Price Target

In a surprising turn of events, Bitcoin (BTC) has once again defied expectations by reaching a new yearly high, igniting speculation about whether it can break the $40,000 milestone.   After a brief consolidation phase, the leading cryptocurrency has regained its bullish momentum, soaring to a peak of $38,000 before retracing to its current trading level of $36,400.

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Crypto Analyst Says XRP Price Has Entered Markup Phase, Why This Is Important

The XRP price is still in an incredibly bullish position despite the recent pullback and the general sentiment in the community matches this bullishness. One crypto analyst explains the current trend as the altcoin having entered what is referred to as a “markup phase.

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Bitcoin price model expects $45K ‘phase’ to hit in November

Bitcoin remains on track to deliver “possible” further gains of up to 30% versus current BTC price levels, says CryptoCon.

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JPMorgan Shares Prediction On Bitcoin’s Next Move: What You Need To Know

In the latest research report, financial giant JPMorgan Chase & Co. has recently shared its belief in Bitcoin and the crypto market. Bloomberg reported, citing data from the financial services firm, that the current downtrend phase in the crypto market might just be nearing its conclusion.

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Institutional Bitcoin Accumulation Phase Likely Complete: Analysis

Major institutional investors may have completed their Bitcoin accumulation last year, according to on-chain analytics provider CryptoQuant. The current market inactivity could precede a renewed upward momentum.

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Stacks (STX) Succumbs To Market Correction, Slides By 10% In The Last Day

The crypto market is currently experiencing a general price recorrection, following a strong bullish phase that saw many assets soar to new highs. Stacks (STX), one of the notable performers in recent days, is not left out of the current ebb and flow of the market, with its value experiencing a significant decline in the last few hours.

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Here’s Why Bitcoin Could Break At Least $33,000 In This Rally

Bitcoin may be able to break the $33,000 mark in the current rally if this historical pattern of an on-chain indicator is anything to go by. Bitcoin Realized Price-To-Liveliness Ratio Has A Value Of $33,200 Currently According to the latest weekly report from Glassnode, BTC is currently in a range that has historically been associated with a macro transitional phase.

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First Mover Asia: Bitcoin Is Ready for a Consolidation Phase

ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders current caution, but at least one analyst is optimistic that the situation will change.

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Bitcoin might have entered the bull transition phase, analysis suggests

Bitcoin (BTC) might have already entered the bull transition phase for the current cycle, according to a recent analysis by CryptoQuant analyst and trader Yonsei Dent. Dent made these assertions based on indications from the aSOPR at the 400DMA and…

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Bitcoin Signals Tide Change at Current Phase if History is Any Indication — What This Means for BTC

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Snowfall Protocol (SNW) Phase Two of Presale Sold Out as Celo (CELO) and Chain (XCN) Continue to Tumble

The crypto space is always buzzing with activity; while some crypto tokens gain value and increase in price, others see their value dropping drastically within short periods. Snowfall protocol (SNW) is one of the coins that have managed to show shockingly elevated rallies within a short time in the current bear market, Celo (CELO) and […]

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Wyckoff Accumulation Suggests Bitcoin (BTC) Price Has Already Bottomed Out

In today's analysis, BeInCrypto looks at the Wyckoff schematics, which can explain the current accumulation phase of the Bitcoin (BTC) price. The post Wyckoff Accumulation Suggests Bitcoin (BTC) Price Has Already Bottomed Out appeared first on BeInCrypto.

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Oryen Network reveals plans to develop DEX, similar to Meme Coins Shiba Inu and Big Eyes

Oryen (ORY), the latest digital token on the BNB Smart Chain, has the cryptocurrency community buzzing. From its initial offering to its current presale phase, the price of ORY has increased by an impressive 250%.

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Bitcoin On-chain Metrics Confirm Lacklustre Capital Influx and Bottom Cycle Consolidation Phase

The cryptocurrency industry has not been attracting many new investors since April this year, so cryptocurrency projects now do not have the much-needed momentum to push up crypto prices. Traders and investors should expect the current bear market cycle to last for some more days or weeks because on-chain data shows that additional accumulation is […]

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Capitulation Confluence Model: Bitcoin (BTC) Is in Phase of Triple Capitulation

According to the recently published Capitulation Confluence Model, the current phase of the Bitcoin market is similar to the ends of all 3 historical bear markets. If this is true, BTC may soon start a new bull run.

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The decoupling manifesto: Mapping the next phase of the crypto journey

The narratives that have propelled crypto to its current status have reached the limits of their influence. It’s time to rethink how to pitch crypto to a broader society.

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Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K

Analysts say the entire crypto market is in for a very long consolidation and accumulation period following BTC’s current drop to 2017 highs.

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Why XLM's current accumulation phase presents a buying opportunity

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Stellar Lumens formed a range after a downtrend from last NoveThe post Why XLM's current accumulation phase presents a buying opportunity appeared first on AMBCrypto.

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AVAX enters consolidation zone in triangle pattern: Is it ripe for a bullish breakout

AVAX kicked off April on a correction phase which saw it dip from its recent local high of $104 to its current price at $83. Its price action for the last 10 days was underscored by a descending resisThe post AVAX enters consolidation zone in triangle pattern: Is it ripe for a bullish breakout appeared first on AMBCrypto.

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Swedish central bank says it will be possible to integrate e-krona into banking systems

Sveriges Riksbank, Sweden’s central bank, said its second phase of testing CBDCs has proven that it would be possible to integrate a state-backed digital currency into the current banking system. The post Swedish central bank says it will be possible to integrate e-krona into banking systems appeared first on CryptoSlate.

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Price analysis 3/30: BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE

BTC and altcoins could enter a short consolidation phase before retesting their breakout levels, a sign that the current price action could be a buying opportunity.

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Ethereum Enters Accumulation Phase, Ignites Bullish Consolidation After Reaching Oversold Territory

According to Kraken Exchange, the current price of Ethereum is 40% below its all-time high of $4,900, and the cryptocurrency has recently reached the “oversold” territory. From the perspective of fundamental analysis, it implies that its price is already under the justifiable market level, thus creating additional opportunities for long-term investors. In particular, strategic crypto […]

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Bitcoin returns to $42K as bets start favoring ‘short squeeze’ higher for BTC

There is increasing reason to believe that surprise gains, not losses, for Bitcoin will be the conclusion of the current BTC price phase, say analysts.

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Shiba Inu likely in an accumulation phase as it bounces within a range

On the daily chart, Shiba Inu continued to range between $0.027 and $0.037 (SHIB prices written as "current price x 1000" to use fewer decimal places). Trading volume was also low. Bitcoin rallied oveThe post Shiba Inu likely in an accumulation phase as it bounces within a range appeared first on AMBCrypto.

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Bitcoin (BTC) Scrambles for Support After Falling to $47,000

Bitcoin (BTC) is still completing a corrective phase. Whether it bounces at the support line of the current pattern or breaks down from it will likely determine the direction of the trend The post Bitcoin (BTC) Scrambles for Support After Falling to $47,000 appeared first on BeInCrypto.

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SushiSwap (SUSHI) Reclaims Crucial Horizontal Support Level

SushiSwap (SUSHI) has likely completed a long-term corrective phase and would confirm this with a breakout from the current long-term descending resistance line. The post SushiSwap (SUSHI) Reclaims Crucial Horizontal Support Level appeared first on BeInCrypto.

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Is Solana buying opportunity after the current dip?

Solana SOL/USD has weakened from its record highs above $259, registered on 06th November, to $186. 3, while the current price stands at $203. Technically looking, SOL remains in a correction phase, and the risk of further decline still persists.

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MOBOX price analysis after today’s appreciation

MOBOX/USDT has skyrocketed from $4. 9 to $8. 3 in less than twenty-four hours, and the current price stands at $7. Technically looking, MOBOX/USDT remains in a correction phase, and the risk of further decline still persists.

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REN price prediction after the current correction

REN/USD has weakened from $1. 02 to $0. 88 since the beginning of November 2021, and the current price stands at $0. 90. Technically looking, REN remains in a correction phase, and the risk of further decline still persists.

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Thorchain (RUNE) price prediction after the current correction

Thorchain RUNE/USD has weakened from the recent highs above $17, registered on 02nd November, to $14. 11, while the current price stands at $14. 45. Technically looking, Thorchain (RUNE) remains in a correction phase, and the risk of further decline still persists.

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BTC On-Chain Analysis: LTH Supply Signals Beginning of Last Phase of Bull Market

Today's on-chain analysis by BeInCrypto looks at the behavior of long-term Bitcoin (BTC) hodlers to determine the current stage of the cryptocurrency market. The total supply of long-term hodlers (LTH) peaked in mid-October and, along with the new all-time high (ATH) for BTC, the first signs of distribution of their coins are visible.

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What Does Censorship-Resistant Really Mean?

What happens if the current honeymoon phase ends, and The State decides to come after those interacting with Bitcoin?

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For any 'potential upside', here's what Ethereum needs to do

Is Ethereum going to make a new run to $10k, amid the current market-wide phase of correction? Can it regain recent losses? It'll be interesting to witness ETH's rebound path if that's the case.

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Parabolic Bitcoin Price Structure In Danger: Cycle Climax Or Risky Reset?

Bitcoin price is now below $50,000 for the first time in a month, and despite the still-high prices the market is in a panic. There’s now widespread fear that the current market cycle has peaked and things will soon fall back into a bear phase.

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Current Bitcoin Consolidation Zone Could Act As The Next Bear Market Bottom

With only a 30% pullback on the books, it is hard to consider the most recent consolidation phase in Bitcoin much of a correction. But whatever base is currently being built within this range, could act as the next bear market botton after the leading cryptocurrency by market cap tops out and the cycle restarts […]

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Popular analyst prefers altcoins LINK, UNI, others during Bitcoin & Eth's correction phase

After reaching all-time highs, both Bitcoin and Ether have faced a wave of correction; while the former seems to be stagnated, the latter slid further. Experts believe the current dip in prices is a tThe post Popular analyst prefers altcoins LINK, UNI, others during Bitcoin & Eth's correction phase appeared first on AMBCrypto.

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Tezos (XTZ) price rises in January. Here are the next targets for buyers

Tezos (XTZ) price has advanced from $1. 98 above $2. 7 since the beginning of January, and the current price stands around $2. 58. Tezos could advance even more in the ongoing bull market, but if Bitcoin enters the correction phase, that will negatively influence this crypto.

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Bitcoin Market Is In Bubble Phase, Says Economist on CNBC

Bitcoin remains up over 100% in the past six weeks despite the ongoing correction. Many think that BTC will continue higher in the weeks ahead. One market economist is bearish on Bitcoin, though.

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NEM concludes Symbol blockchain testnet phase in last update before full mainnet launch

NEM Group, developer of enterprise blockchain technology, today announced its final testnet update on Symbol, its next-generation enterprise-grade blockchain solution, launching in early 2021. This update brings the final phase of soak and performance testing on Symbol, freezing code in its current iteration and marking the final step in preparing the platform for its mainnet […] CryptoNinjas » NEM concludes Symbol blockchain testnet phase in last update before full mainnet launch

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First Phase: Beacon Chain Launched As Etherum 2.0 Goes Live

At exactly 12:000 pm UTC yesterday, the Beacon Chain was launched, ushering in phase 0 of Ethereum 2. 0. The launch introduces a new Ethereum system whereby the mode of operations is switched from the current proof-of-work to a proof-of-stake system.

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