Bitcoin Price Analysis Post-Trump: Bullish Trends and Ethereum Challenges
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In this thrilling episode of Coin Bureau, we dive headfirst into the tumultuous world of cryptocurrency following Trump's inauguration. As Bitcoin's price rollercoaster continues, the team dissects the impact of bullish developments and Ethereum's internal strife. From Michael Saylor's billion-dollar buys to NASDAQ's in-kind redemption filing, every twist and turn in the market is scrutinized with precision.
With on-chain stats revealing reduced profit-taking and slowing demand, the team navigates through macro news like the dollar's downtrend and BOJ rate hikes. But the real bombshell comes from a Chinese AI chatbot that sends shockwaves through the market, causing Bitcoin to stumble amidst high correlation with the NASDAQ index. As the team anticipates the FED meeting and a massive Bitcoin options expiry, they offer insights into potential price movements and recommend the Coin Bureau Trading Channel for expert technical analysis.
Amidst the chaos, last week emerges as a pivotal moment in crypto history, where the industry seemingly ticked off every item on its wish list, except for that elusive cherry on top. Despite missed opportunities, the team urges viewers to stay tuned for more updates and hints at the wild ride ahead in the unpredictable world of cryptocurrency. So buckle up, hold on tight, and get ready for a heart-pounding journey through the highs and lows of the crypto market, only on Coin Bureau.
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Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
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