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BITCOIN’S NEXT MOVE WILL CHANGE EVERYTHING: 4 Cryptocurrencies That Will Either Soar or SINK Alongside the World’s Most Hated Asset

AltcoinsCrypto NewsFeatured 1 Kevin Nelson September 9, 2024

A comic illustration of a seesaw with Bitcoin at one end and four altcoins (Uniswap, Sui, Optimism, Helium) on the other. The see-saw is teetering in mid-air as each side tries to gain control.

The cryptocurrency market is a never-ending circus of speculation and hype. We’ve got Bitcoin (BTC) breaking down below key support levels, but somehow still managing to cling on for dear life. Alvin Kan from Bitget Wallet thinks the Fed’s rate decision in September will be the catalyst for BTC’s next move – either up or down, who knows? Meanwhile Arthur Hayes is backpedaling his earlier prediction of a sub-$50k Bitcoin and now expects it to rally soon due to increased liquidity from the Federal Reserve. What a joke! The top 5 cryptocurrencies that may participate in this potential recovery are Uniswap (UNI), Sui (SUI), Optimism (OP) and Helium (HNT). If you’re feeling lucky, go ahead and bet on their prices rising – but don’t say I didn’t warn you. .

Source: cointelegraph

Bitcoin range recovery could boost UNI, SUI, OP and HNT
https://cointelegraph.com/news/bitcoin-s-recovery-may-trigger-buying-in-uni-sui-op-and-hnt
Bitcoin (BTC) broke below the $55,724 to $73,777 range on Sept. 6, paving the way for a further decline to the Aug. 5 intraday low of $49,000. According to Bitget Wallet chief operating officer Alvin Kan, Bitcoin may remain under pressure until the Federal Reserve’s rate decision on Sept. 18. However, after the rate cut is announced, Kan anticipates risk assets to witness a short- to mid-term boost. Arthur Hayes, […]

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About the author

Kevin Nelson

Kevin’s foray into cryptocurrency trading was a full-scale disaster. His obsession with chasing trends and leveraging obscure assets led to a catastrophic loss of his entire life savings. Now, Kevin’s articles are a venomous mix of bitter humor and harsh reality checks, exposing the chaotic and treacherous world of crypto trading. His catchphrase: “I went from trading genius to broke fool in record time. Welcome to crypto—where the only thing guaranteed is your financial ruin.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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