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‘Strong bullish setup’ for Bitcoin, ‘biggest altseason since 2017’ on horizon
Manage episode 415273248 series 3528570
There is a hidden theme to this episode: sometimes, a lack of change can indicate a major change to come. Bitcoin’s price spent the weekend mainly around the same level, but analysts point to a “strong bullish setup” as the consolidation period extends. Yuga Labs, the creator of the Bored Ape Yacht Club NFTs, has begun restructuring to overcome stagnation and get the company back to its roots. Ethereum network fees hit a six-month low, but that gradual decline might indicate an incoming altseason — and a big one at that.
Further reading:
- Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst
- Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block
- ‘Lost’ Yuga Labs restructures again, with layoffs, new executive
- Google Cloud’s Web3 portal launch sparks debate in crypto industry
- 6-month low Ethereum fees suggest altseason is inbound — Santiment
- Crypto trader sees best ‘altseason’ since 2017 as Bitcoin price cools
References:
So, grab yourself a coffee, and let’s get into it!
Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.
Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com
The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.
132 episoade
Manage episode 415273248 series 3528570
There is a hidden theme to this episode: sometimes, a lack of change can indicate a major change to come. Bitcoin’s price spent the weekend mainly around the same level, but analysts point to a “strong bullish setup” as the consolidation period extends. Yuga Labs, the creator of the Bored Ape Yacht Club NFTs, has begun restructuring to overcome stagnation and get the company back to its roots. Ethereum network fees hit a six-month low, but that gradual decline might indicate an incoming altseason — and a big one at that.
Further reading:
- Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst
- Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block
- ‘Lost’ Yuga Labs restructures again, with layoffs, new executive
- Google Cloud’s Web3 portal launch sparks debate in crypto industry
- 6-month low Ethereum fees suggest altseason is inbound — Santiment
- Crypto trader sees best ‘altseason’ since 2017 as Bitcoin price cools
References:
So, grab yourself a coffee, and let’s get into it!
Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.
Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com
The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.
132 episoade
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