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@ tzongocu
2025-05-27 19:01:59
📰 News Alert...
🔖 Title: Bitcoin Eyes New Heights Amidst Market Volatility and Profit-Taking Signals
🗓️ Published: 2025-05-27T21:00:00-04:00
📄 Summary: Bitcoin (BTC) is showcasing robust momentum, recently hitting $110,700, stimulated by favorable US economic conditions and a significant capital injection announcement by Trump Media and Technology Group. Analysts note a potential parabolic move could occur if BTC surpasses $115,000, leading to the liquidation of over $7 billion in short positions. However, on-chain data indicates the market may be entering an 'overheated zone', urging caution as historical patterns hint at possible corrections ahead.
🔗 https://cointelegraph.com/news/bitcoin-profit-taking-lingers-but-rally-to-115k-will-liquidate-7b-shorts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Biraajmaan Tamuly
💓 #Bitcoin #Cryptocurrency #MarketTrends