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BTC Price: Apollo Co-Founder Predicts Bitcoin Rally To $5M, Here’s Why

CoinGape 17 May 2024
In a bold forecast that has captured the attention of the cryptocurrency community, the Co-Founder of Apollo has predicted that Bitcoin could rally to an astonishing $5 million. This ambitious projection comes amidst growing institutional interest and significant market developments poised to drive Bitcoin’s value to unprecedented heights ... This transparency could encourage more corporate treasuries to invest in Bitcoin.

Bitcoin's Path to $70K: Analysis Considered 'Noise' Until a Breakout Occurs

Coinnounce 17 May 2024
Expert Suggests Current Bitcoin Market Analysis is Futile Without a Significant Breakout ... Bitcoin's current trading price hovers around $65,585, tantalizingly close to this critical threshold. A surge of just 6.7% would propel it to $70,000, a scenario that many analysts anticipate with optimism.Bitcoin is slightly up 1.96% over the past 30 days ... CoinMarketCapPredictions and Patterns in the Bitcoin Market.

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# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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BTC Price: Apollo Co-Founder Predicts Bitcoin Rally To $5M, Here’s Why

CoinGape 17 May 2024
In a bold forecast that has captured the attention of the cryptocurrency community, the Co-Founder of Apollo has predicted that Bitcoin could rally to an astonishing $5 million ... Bitcoin & Ethereum Retreat, Chainlink Bags Top Gainer Crown .
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Bitcoin's Path to $70K: Analysis Considered 'Noise' Until a Breakout Occurs

Coinnounce 17 May 2024
Expert Suggests Current Bitcoin Market Analysis is Futile Without a Significant Breakout ... Bitcoin's current trading price hovers around $65,585, tantalizingly close to this critical threshold.
Edit

The Hidden Forces Behind Bitcoin Price: Latest Insights From On-Chain Data

NewsBTC 17 May 2024
He further highlights that several of the local top buyers panic sold their Bitcoin at the lows, an action he interprets as beneficial for the correction phase, serving to stabilize the market by shaking out weak hands.
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U.S. Spot Bitcoin ETFs Bought 5 Times the BTC Mined This Week

CoinGape 17 May 2024
Data from Bloomberg reveals that the total assets of the six Bitcoin and Ether ETFs have decreased by approximately $25 million from the initial $293 million gathered at their debut two weeks ago, indicating investor outflows.
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Bitcoin Whales Bag 3400 BTC Signaling Price Rally Ahead

CoinGape 17 May 2024
Meanwhile, recent data reveals a significant accumulation of Bitcoin by whales, totaling over 3400 BTC in a series of transactions ... The accumulation of significant amounts of Bitcoin by whales not only ...
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18,000 Bitcoin Options Set to Expire Today, What’s Ahead for BTC Price?

CoinGape 17 May 2024
18,000 Bitcoin Options Set to Expire Today ... This week saw significant inflows into the Bitcoin ETFs, driven by the Meme wave in the U.S., which propelled Bitcoin’s price above $65,000.
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Futures Exchange Giant CME Plans To Kick Off Bitcoin Spot Trading

Bitcoin World 17 May 2024
According to a Thursday report by the Financial Times, Chicago-based futures exchange CME Group is on track to launch Bitcoin spot trading due to growing demand ... According to data provided by ...
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Bitcoin ETF Volume Surges, Hitting Highest Levels Since March

NULLTX 17 May 2024
This surge indicates a shift in market dynamics, moving beyond the days when whales predominantly accumulated Bitcoin on-chain ... Nine out of the ten US Bitcoin ETFs, including those managed by Grayscale, reported single-day inflows.
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Morgan Stanley’s Bitcoin ETF Position Exposed: Filing Discloses $270 Million In Holdings

Bitcoinist 17 May 2024
In a recent filing with the US Securities and Exchange Commission (SEC), Morgan Stanley, the American multinational investment bank and financial services company, disclosed its substantial investments in the newly approved Bitcoin ETF market.
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Is Bitcoin’s Rally Over? Top Analysts Predict Imminent Price Corrections

NewsBTC 17 May 2024
— Ali (@ali_charts) May 16, 2024 Diverging Bitcoin Views From Top Crypto Analysts ... This change has been marked by Bitcoin forming its first higher high since its drop to $56,000, as highlighted by Rekt Capital ... The Bitcoin Bull Market is not over.
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Spot Bitcoin ETFs Record Third Day Of Massive Inflows As Price Tops $66,000

Bitcoinist 17 May 2024
Tyler Durden, a pseudonymous crypto commentator, expressed concerns about the off-chain recording of Bitcoin transactions by large institutions like BlackRock.
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Foundation for Next Altcoin Hype Cycle Now Setting Up, Says Crypto Trader – Here’s His Timeline

The Daily Hodl 17 May 2024
A closely followed crypto analyst says that altcoins are setting the stage for a massive breakout by July ... Currently, Bitcoin is accelerating in this cycle by approximately 200 days now ... Bitcoin is ...
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Jaffe Tilchin and 4 other firms disclose spot Bitcoin ETF investments during Q1

Cryptoslate 17 May 2024
Jaffe Tilchin Investment Partners was one of several firms that disclosed investments in spot Bitcoin ETFs on May 16 ... Overall, nearly 1000 firms have invested in spot Bitcoin ETFs since their launch in January.
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‘Rocket Fuel for Bitcoin’: Analyst Jamie Coutts Says This Catalyst Could Propel BTC to $150,000 ...

The Daily Hodl 17 May 2024
According to Coutts, Bitcoin could rally if the DXY falls by around three percent from the current level ... According to the Real Vision analyst, the DXY falling would send Bitcoin surging by approximately 127%.
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Bitcoin Still Has “A Lot Of Room To Run Before Reversal,” Says Top Analyst

NewsBTC 17 May 2024
Bitcoin VWAP Oscillator Could Imply Potential For Further Upside ... In the context of the current topic, the VWAP uses the on-chain volume of Bitcoin instead, which is readily viewable by anyone thanks to the blockchain’s transparency.
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