Analysts predict Bitcoin price could drop to $41k

Cryptocurrency analysts have identified technical patterns suggesting Bitcoin price could decline to $41,000, according to recent market analysis shared this week. Summary Bitcoin analyst Tony Severino identified a weekly harmonic Shark pattern. A primary target at $41,000 signals a potential bullish reversal once the final leg completes. Near-term price action is pivotal—failure at resistance could…

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Which Way Will BTC Breakout Next?

Bitcoin trades near $91K, trapped between $84K support and $112K resistance, as traders watch for the next major price move. Bitcoin is trading within a defined range as market participants monitor two key levels. The current price is $91,000, showing a small gain over the past 24 hours and an almost 10% rise over…

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460M coins move as price surges 12%

XRP gained more than 14% over the past week as large holders transferred 460 million coins, according to blockchain data and market analysts. Summary The cryptocurrency jumped over 12% in the past week as major holders transferred 460 million coins, signaling profit-taking and portfolio reshuffling. XRP ETFs from Canary Capital, Bitwise, Grayscale, and Franklin Templeton…

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Turkmenistan legalizes crypto with new laws effective January 1

Key Takeaways Turkmenistan has passed laws legalizing cryptocurrency use, storage, and circulation, effective January 1. The law introduces licensing requirements for both cryptocurrency mining and exchanges in Turkmenistan. Share this article Turkmenistan has legalized cryptocurrency under new laws that take effect January 1, with President Serdar Berdymukhamedov signing legislation that permits the legal use, storage,…

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