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Bitcoin Could Drop to $58K as Cool-Off Period Is Imminent #BTC #PriceDrop #bearishbitcoin Bitcoin nearly doubled in price since late January, but a "counter move seems to be near," Bitcoin (BTC) has been climbing ever-higher over the past month, notching new all-time highs on the way with every dip bought up quickly, but the largest crypto may be poised for a cool-off phase, analysts warned. Digital asset analytics firm Swissblock said in a note on Wednesday that bitcoin nearly doubled in price from $38,000 in late January without any meaningful pullbacks, and a cooling period could be imminent. "Nothing rallies in a straight line. Not even BTC," Swissblock analysts said in a Telegram update. "A counter move seems to be near." "We see BTC dropping to $58,000-$59,000 in the next move," they said, representing a 20% decline from current prices. "But the top is not in."
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Where will Shiba land in 2025 and 2030? In 2021, token reached a market cap high of $32.84 billion and, despite dropping drastically from this valuation, SHIB’s early 2024 run up the charts has seen in regain a market cap of almost $20 billion—and it now sits 10th in CoinMarketCap’s rankings. Shiba Inu price history key points: 💥Shiba Inu launched in April 2020 for a price of $0.000000001009. 💥On May 10 2021, SHIB soared 457% in one day, reaching $0.00003469. 💥The price reached its ATH of $0.00008845 in October 2021. 💥Currently, Shiba Inu is priced at $0.00003271, -63% from its ATH, but up 229% in the last 7 days. Shiba Inu price prediction estimates a bull market peak price of around $0.000150, with potential lows of $0.000030 and an average price of $0.000080 by the end of 2025. Shiba Inu price prediction forecasts a maximum price of $0.000320, a minimum price of $0.000100 and an average price of $0.000140 by the end of 2030. #HotTrends #SHIBA🔥
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