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Free Market Analysis for Bitcoin Week 40 (2 Oct 2023) For this week, our free market analysis will be on crypto will be on the BTCUSDT currency pair. MONTHLY TIMEFRAME BTCUSDT on the monthly timeframe is in an overall down trend after trading to the all time high at 69024 price level after which price…
In this article, we will answer the question what is Bitcoin halving, exploring its purpose, mechanics, and implications. What is Bitcoin Halving? Bitcoin halving is a crucial and highly anticipated event within the world of cryptocurrencies. It is a process that occurs approximately every four years and plays a significant role in shaping the Bitcoin…
As per the Wall Street Journal, the US government is set to take First Republic Bank under the FDIC (Federal Deposit Insurance Corporation) receivership this weekend. This development will put additional pressure on the US central bank Federal Reserve’s balance sheet, pushing the Bitcoin price to rally towards $35,000. First Republic Bank is not the…
