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Standard Chartered Bank: Bitcoin Dip Below $90,000 Presents a Prime Mid-Term Buying Opportunity, But Self-Fulfilling Prophecy Risk Warrants Caution
Standard Chartered Bank: Bitcoin Dip Below $90,000 Presents a Prime Mid-Term Buying Opportunity, But Self-Fulfilling Prophecy Risk Warrants CautionStandard Chartered analyst Geoffrey Kendrick recently published a report suggesting that a decisive break below $90,000 for Bitcoin could trigger a further drop to $80,000, but this would represent a "prime mid-term buying opportunity." This analysis stems from concerns surrounding macroeconomic risks and the anticipation of significant volatility in the digital asset market due to the high expectations surrounding the incoming Trump administration...
Blockchain 2025-01-15 09:17:05 -
Huawei's 2025 "Triple Switch" Strategy: HarmonyOS, Kirin Chips, and an Independent Imaging System for a Comprehensive Competitive Advantage
Huawei's 2025 "Triple Switch" Strategy: HarmonyOS, Kirin Chips...
Mobile Internet 2025-01-14 22:21:43 -
Bitcoin Could Dip to $50,000, But Long-Term Target Remains $250,000: Wall Street Strategist Remains Bullish
Bitcoin Could Dip to $50,000, But Long-Term Target Remains $250,000: Wall Street Strategist Remains BullishWall Street strategist Tom Lee recently suggested that Bitcoin could experience a significant pullback from recent highs, potentially dipping to a support level of $50,000. Despite this, Lee maintains his bullish long-term outlook on Bitcoin, setting a long-term price target of $250,000...
Blockchain 2025-01-14 18:09:41 -
Bitcoin Breaks $97,000, Ethereum Nears $3250!
Bitcoin Breaks $97,000, Ethereum Nears $3250!January 14th saw a strong rebound in the cryptocurrency market. Bitcoin's price surged over 5%, breaking through the $97,000 mark and hitting a recent high...
Blockchain 2025-01-14 18:07:00 -
Bitcoin Price Soars Past $97,000!
Bitcoin Price Soars Past $97,000!The cryptocurrency market staged a strong rebound today, with Bitcoin surging over 5% to break through the $97,000 mark, hitting a recent high. Ethereum also performed strongly, rising nearly 7% on the day and surpassing $3250...
Blockchain 2025-01-14 17:58:58 -
Bitcoin's V-Shaped Reversal: Macroeconomic Expectations and Policy Uncertainty Take Center Stage After $800 Million Liquidation
Bitcoin's V-Shaped Reversal: Macroeconomic Expectations and Policy Uncertainty Take Center Stage After $800 Million LiquidationIn the early hours of January 14th, Bitcoin staged a dramatic V-shaped reversal. The price plummeted below $90,000, hitting a low of $88,909, its lowest point in nearly two months...
Blockchain 2025-01-14 16:40:26 -
Wall Street Bull Predicts Bitcoin Could Dip to $50,000, but Maintains $250,000 Long-Term Target
Wall Street Bull Predicts Bitcoin Could Dip to $50,000, but Maintains $250,000 Long-Term TargetTom Lee, one of Wall Street's biggest Bitcoin bulls and former chief equity strategist at JPMorgan, recently predicted a significant price correction for Bitcoin from its recent highs, potentially bottoming out at $70,000 or even $50,000. However, he maintains his long-term bullish outlook, with a price target of $250,000...
Blockchain 2025-01-14 15:10:19 -
Bitcoin Price Surges Past $94,000!
Bitcoin Price Surges Past $94,000!On January 14th, Bitcoin experienced a strong rebound, breaking through the $90,000 mark and reaching a high of over $94,000 after a brief period of decline. Previously, Bitcoin had dipped below $90,000, raising market concerns...
Blockchain 2025-01-14 06:05:07 -
Bitcoin Plunges Nearly $4,500, Wiping Out $400 Million in Crypto Liquidations as Dollar Breaks 110 and Tesla Shares Tumble
Bitcoin Plunges Nearly $4,500, Wiping Out $400 Million in Crypto Liquidations as Dollar Breaks 110 and Tesla Shares TumbleJanuary 13th witnessed a dramatic upheaval in global financial markets. Bitcoin experienced a "flash crash," plummeting nearly $4,500 within half a day, triggering significant volatility in the cryptocurrency market...
Blockchain 2025-01-14 04:30:56 -
MicroStrategy Doubles Down on Bitcoin, Purchasing Another $243 Million Worth
MicroStrategy Doubles Down on Bitcoin, Purchasing Another $243 Million WorthMicroStrategy, known for its bold Bitcoin investment strategy, has further increased its Bitcoin holdings. A filing with the U...
Blockchain 2025-01-14 02:42:24 -
Ming Cheng Group Invests $47 Million in 500 Bitcoin
Ming Cheng Group Invests $47 Million in 500 BitcoinOn January 9, 2025, Hong Kong-based Ming Cheng Group announced that its wholly-owned subsidiary, LeadBenefit (HK) Limited, had made a significant investment in Bitcoin. The transaction saw the purchase of 500 Bitcoin at an average price of $94,375 per coin, totaling approximately $47 million...
Blockchain 2025-01-13 23:03:25 -
Bitcoin Price Plunges Below $91,000, Over 200,000 Liquidated as Market Panic Spreads
Bitcoin Price Plunges Below $91,000, Over 200,000 Liquidated as Market Panic SpreadsOn the afternoon of January 13th, the price of Bitcoin plummeted, breaking below the $91,000 mark and experiencing an intraday drop exceeding 4%, triggering significant volatility in the cryptocurrency market. Data from Coinglass revealed that over 200,000 traders were liquidated in the past 24 hours, resulting in total losses of $480 million...
Blockchain 2025-01-13 22:41:42