Analysis: Is Bitcoin’s Meteoric Rise Here to Stay, This Time?

Bitcoin, the world’s leading cryptocurrency, has recently experienced a dramatic surge, reaching a new all-time high of $69,202. This rally has sparked discussions about whether this is a repeat of the volatile price movements of 2021, or if there are fundamental differences at play. Also Read: Hold or Sell? Saylor’s Message Amidst Bitcoin’s Bullish Run…

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Hold or Sell? Saylor’s Message Amidst Bitcoin’s Bullish Run

As Bitcoin (BTC) experiences a remarkable surge, surpassing the $63,000 mark and inching closer to its all-time high (ATH), Michael Saylor, a vocal proponent of the cryptocurrency, has issued a crucial message to the global BTC community. Hold Tight: Saylor Encourages Long-Term View Witnessing Bitcoin’s current price mirroring its historic peaks from April and November…

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Bitcoin’s post-ETF rally raises fears of a bubble ready to burst.

Bitcoin experienced a significant rollercoaster ride, reaching a three-year high of nearly $49,000 on January 11th following the U.S. SEC’s approval of the first spot Bitcoin exchange-traded funds (ETFs). However, the cryptocurrency has since retreated by over 20%, trading at approximately $39,500. Analysts attribute this correction to a combination of profit-taking post-ETF approval and broader…

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