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TrApVeRse AlPhA
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Altcoins at Risk as USDT Dominance Nears 4.8% â Why This Could Signal a Major Rebound
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Can you solve this. #MEME #puzzle #post #comment #GoodLuck
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Chinaâs Crypto Ban Rumors Debunked: The Real Story
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Bitcoinâs Balancing Act: Will Altcoin Momentum Tip $BTC âs Scale? Key Takeaways: Bitcoinâs 7.22% rally in July aligns with post-halving trends, but Wyckoff analysis suggests possible institutional distribution. The Altcoin Season Index is rising, indicating capital rotation into altcoins. Historically, Q3 has been bullish for Bitcoin in halving years, but September often sees a pullback before an October rebound. Analysts debate whether BTC will reach a new all-time high or face short-term weakness, benefiting altcoins. Bitcoinâs Historical August Performance: Will the Rally Continue? In past Bitcoin halving years (2013, 2017, 2021), Q3 has typically marked the beginning of a bullish phase. July saw a 7.22% gain for BTC, and if historical trends hold, August could bring even stronger returns. Analyst Benjamin Cowen cautions that while August may see upward movement, September could bring a seasonal pullback, with a potential major rally in October. Is a New All-Time High Possible? Previous post-halving years saw an average August return of 43% for Bitcoin. A similar surge this year could push BTC toward $162,000, given the lack of strong resistance levels. However, not all analysts are optimistic. JoĂŁo Wedson, CEO of Alphractal, points to the Wyckoff distribution pattern, suggesting Bitcoin may be in a sell-off phase. He believes BTCâs performance could remain modest, while altcoins prepare for a significant uptrend. Altcoins Gaining Momentum The Altcoin Season Index has risen from 32 to 34 this week, signaling growing interest in altcoins. Several tokens, including MemeCore (M), Pudgy Penguins (PENGU), SPX6900 (SPX), and Conflux (CFX), have surged over 60% in the past 90 days. If Bitcoinâs price stalls or declines in Septemberâas seen in past cyclesâaltcoins could emerge as the standout performers of Q3. Final Thoughts: While Bitcoinâs historical trends suggest potential gains in August, market dynamics indicate a possible shift toward altcoins. #BTC #cryptouniverseofficial #trap #past #news
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Global Robotaxi Wars: U.S. vs China in the $1.2 Trillion Autonomous Mobility Race
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