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BIG BREAKING NEWS 🚨 #BITCOIN JUST HIT $61,500 🚀🚀 Is The Flush Out Over?? #Bullish
BIG BREAKING NEWS 🚨
#BITCOIN
JUST HIT $61,500 🚀🚀
Is The Flush Out Over??
#Bullish
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CAN $61.5K HOLD AS BITCOIN SUPPORT? 😨 Analysts are eyeing $61.5k as a potential support level for #Bitcoin , based on the Short-Term Holder (STH) Realized Price metric. This level is currently $5.09k below the price of $66.6k, a significant narrowing from the wider gap of $9k seen in early April.🩸 The STH Realized Price reflects the average price at which short-term holders (those holding for less than 6 months) acquired their $BTC . It's believed that these holders are more likely to sell during price drops, potentially creating support at this level.📉 Will $61.5k hold as strong support for #BTC ?
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BASE SURGES IN USER ACTIVITY 📈, But Polygon Retains Top Spot 👑 ERC-4337 smart accounts on #Base exploded last week, generating a whopping 47% of all UserOps (transactions) across various chains! This surge places Base as the leader in terms of UserOp volume. However, #Polygon remains the king when it comes to active users. Despite Base's impressive UserOp numbers, Polygon still boasts a higher number of unique accounts interacting with the network each week. This suggests that while #basechain users are highly active, Polygon has a larger overall user base. It's an interesting dynamic to watch as both chains vie for dominance in the user-friendly smart contract space.
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LITECOIN: WHALES MAKING WAVES🌊 Big money is eyeing #Litecoin ! Recent reports indicate a significant increase in $LTC holdings by major investors (whales). Could this be a sign of growing confidence in Litecoin's future❓
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ETHEREUM: Post-Halving Rollercoaster🎢, But Still Upward Trend? Similar to #Bitcoin , Ethereum's price initially dipped after the halving (Epoch 3 & 4). However, unlike its worst historical performance, $ETH has quickly rebounded (Epoch 5). Epoch 3: +16% Epoch 4: -4% Epoch 5: +1.5% While the short-term volatility is undeniable, #ETH is still in positive territory overall. This could indicate a different post-halving trajectory for Ethereum compared to previous cycles. $BTC
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Bitcoin Eyes Resistance as US Markets Open #Bitcoin climb continues! The price is steadily rising and nearing a key resistance zone 👀. Keep an eye out for potential volatility when US markets open, which could impact the uptrend for $BTC . 🔥 Support and resistance levels haven't changed significantly. This might be a breakout opportunity. 🧨 Do You Think #BTC Will Pump ??
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