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$1 Million per BTC by 2033: Predicting Bitcoin’s Price Trajectory Using the Power Law Model

In an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for…

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In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the $60K Line

As of Sunday, March 3, 2024, bitcoin’s value persists in the $60,000 per unit vicinity, signaling the fifth instance this year that its price has sustained above this level. Naturally,…

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Bitcoin Technical Analysis: BTC’s Bullish Rise Continues Amidst Market Optimism 

Over the past hour, as bitcoin’s value swings from $62,150 to $62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of…

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Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000

On Wednesday, bitcoin’s value ascended to the vicinity of $64,000, during which time users of Coinbase and Robinhood reported disruptions in service. As of Feb. 28, 2024, Coinbase’s status page…

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Bitcoin Technical Analysis: A Series of Successive Gains Signals Strong Market Confidence

As bitcoin weaves its way through the market’s intricacies, its pricing path exhibits an unyieldingly positive trend, marked by a train of successive increases. Reaching $59,992, the leading digital currency…

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Bitcoin Breaks $60K Barrier — On the Verge of Outranking Meta by Market Value

Bitcoin broke through the critical $60,000 barrier at 8:30 a.m. Eastern Time on Wednesday, reaching a level last seen in November 2021. The leading cryptocurrency’s market value is on the…

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Bitcoin Reaches $57K in Stellar Monday Surge, Erasing $70 Million in Shorts in Just One Hour

Bitcoin reached a peak of $57,055 on Monday, climbing 10.1% over a 24-hour span and elevating the digital asset’s market value to $1.10 trillion. The value of bitcoin relative to…

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Bitcoin Breaks $54,000 Barrier for First Time Since 2021, Eyes Historic Highs Ahead of Halving Event

The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading…

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Bitcoin Technical Analysis: Oscillators and Moving Averages Paint a Complex Picture

Amid shifting market sentiments, bitcoin’s market activity on Feb. 26, 2024, demonstrates both consolidation and fluctuation. Within the intraday, bitcoin’s value oscillated between $50,926 and $51,917, highlighting the persistent unpredictability…

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Bitcoin Technical Analysis: BTC Price Oscillation Reflects Crossroads and Market Indecision

Bitcoin’s value on Friday added another page to its unfolding story, registering just under $51,000, showing a modest decline from its 24-hour peak of $51,965 down to a trough of…

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