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Peter Brandt, a well-known veteran in the trading community, recently took to X to share a concerning outlook on Bitcoin price trajectory. Brandt’s warning comes amid a relatively stagnant performance by the leading crypto, failing to produce any decisive moves toward new all-time highs in recent months. Brand pointed out a historical pattern that could signal a 75% drop for Bitcoin. Reason Why A 75% Plunge Could Be Looming In his post, Peter Brandt pointed out that Bitcoin has been…

Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been transferred to crypto exchanges within a short period. Undoubtedly, such a huge amount of BTC entering crypto exchanges is problematic, especially in terms of a…

BNB finds itself under renewed selling pressure as a recent recovery attempt falls short, leaving the cryptocurrency vulnerable to further losses. Despite a brief upward movement, BNB’s failure to break through key resistance levels has sparked concerns about a deepening decline. With technical indicators signaling potential weakness ahead, the question now is whether the token can regain its footing or if further losses are inevitable. As bearish sentiment intensifies, this analysis aims to evaluate the technical indicators signaling weakness in…

Rising roughly 200% since mid-September, Baby Doge Coin (BABYDOGE) has fundamentally rocked the digital currency market. Reaching early August, it has climbed an impressive 237% from its lowest price this year. The enthusiasm commenced when Baby Doge was listed on Binance. Such listings frequently generate excitement and attract interest in tokens, and BABYDOGE proponents are evidently capitalizing on this momentum. Baby Doge: Surpassing September Peaks Following its lows on September 6, Baby Doge experienced a 215% increase within three weeks,…

Ethereum has largely exhibited a sideways movement between $2,500 and $2,350 in the past seven days. This sideways movement has yet to give rise to a clear path as to how the crypto performs moving forward, denting the sentiment of many bulls.  In an interesting analysis with the use of the TD Setup, crypto analyst Ali Martinez highlighted a critical price point for investors to watch on the ETH price trajectory. At the heart of this analysis is the $2,250…

Midland, Cayman Islands, October 11th, 2024, Chainwire Suirum ($SUIR), a new meme coin on the SUI blockchain, has officially launched its presale, marking its entry into the expanding meme coin ecosystem on SUI. This presale provides early supporters the opportunity to participate in Suirum’s development and engage with the rapidly growing SUI meme coin community. The SUI blockchain, recognized for its high transaction speeds and low fees, provides a platform where meme coins can gain traction. Projects such as $BLUB…

The odds of a Donald Trump victory are soaring on Polymarket, as are Trump crypto coins.  The former President’s odds of winning the Presidential elections in November are now up to 55% according to Polymarket bettors, as high as they have ever been against Democratic Vice President Kamala Harris.  Unsurprisingly, PolitiFi meme coins supporting Trump are also skyrocketing in value.  Other new meme coins are also in high demand, including Neiro Ethereum, Mother Iggy, Crypto All-Stars and Memebet Token. Will…

While Helium Mobile has enjoyed phenomenal success, the network has failed to keep pace, with the general market pulling it down further and with losses being multiplied as the market drops low. According to the latest market data, HNT, the native token of the network, dropped about 15% over the last two weeks which may endanger winnings pocketed in the last month. However, investors and traders are banking on recent developments that might turn the tide once the market recovers…

Ethereum is at a pivotal moment after failing to break above the $2,500 mark on Monday. With the entire crypto market anticipating a potential rally, Ethereum investors carefully watch for any signs of strength within the network. However, growing concerns about a possible deeper correction loom over the market. Key metrics from IntoTheBlock indicate that if Ethereum breaks below the $2,300 level, a significant sell-off could follow, increasing pressure on the price. This has created a tense atmosphere among traders…