Bitcoin Is On The Verge Of 'A Massive Pump,' Claims Trader
Portfolio Pulse from Murtuza Merchant
Prominent crypto trader ChimpZoo predicts a significant surge in Bitcoin's price due to favorable market conditions, including a technical reset, low funding rates, institutional buying, and positive sentiment among US politicians. Bitcoin has been consolidating around $30,000, and the upcoming launch of a spot-based Ethereum ETF is expected to inject further liquidity into the market.
June 17, 2024 | 4:22 pm
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Prominent crypto trader ChimpZoo predicts a significant surge in Bitcoin's price due to favorable market conditions, including a technical reset, low funding rates, institutional buying, and positive sentiment among US politicians.
ChimpZoo's analysis points to several bullish factors for Bitcoin, including a market reset, low funding rates, institutional buying, and positive political sentiment. These factors are likely to drive Bitcoin's price up in the short term.
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