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QCP Capital: Bitcoin’s Potential for ‘Uptober’ Rally Mirrors Historic Election Trends

QCP Capital analysts have noticed a significant rise in bitcoin (BTC), comparing it to similar patterns seen before past U.S. elections. Their latest report delves into the influence of historical…

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US Election-Year Bull Runs: How Bitcoin Historically Surged Post-Victory

With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started the month. Historically, in the last two…

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Cryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike

A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The…

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Bitcoin Technical Analysis: Bulls Poised for Next Leg up, Targeting $70K

Over the past hour, bitcoin’s price has ranged from $68,915 to $69,121, with an intraday spread between $67,440 and $69,305. The 24-hour trading volume for bitcoin (BTC) is $23.02 billion,…

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Bitcoin Technical Analysis: BTC Maintains Stability in Narrow Triangular Formation

Bitcoin’s valuation presently resides at $68,402, boasting a market capitalization of $1.34 trillion and a 24-hour trading volume of $23.93 billion. Throughout the previous day, BTC’s price has maintained a…

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Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility

Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators…

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Bitcoin Technical Analysis: BTC’s Uptrend Held Back by Strong Resistance at $70K

As of May 27, 2024, bitcoin is trading at $68,457 with a market capitalization of $1.34 trillion. The leading crypto asset has experienced an intraday price range of $68,308 to…

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Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity

Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665…

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