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‘Severely undervalued,’ says influencer on PEPE, but activity suggests otherwise

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In the vast and still experimental cryptocurrency market, influencer s and enthusiasts often share insights into their favorite cryptocurrencies. Usually, they will hold these assets as personal investments—a normal behavior expected from someone enthusiastic about an asset. However, influencers can use their influence to lure exit liquidity for tokens they hold but do not plan to keep in the long term. This is what recent on-chain and social activities suggest could have happened to a known meme coin trader. Notably, Lookonchain spotted a possible divergence between words and on-chain activity from James Wynn (@JamesWynnReal) on X on May 25. Picks for you Bitcoin whales show ‘strong buying force’ signaling bullish bias 1 hour ago 3 crypt...

Analyst suggests The Fed could push Bitcoin to $20,000

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Popular cryptocurrency YouTuber CryptoBanter believes Bitcoin (BTC) could fall to $20,000 in the near future amid ongoing economic uncertainty. In his Oct. 12 livestream, CryptoBanter analyzed the latest price action and macroeconomic factors impacting Bitcoin. He believes the leading cryptocurrency remains at risk of further declines after breaking below several key support levels. If Bitcoin starts to break and close below that $25,000 level I’ll tell you almost the same thing over here, and give you a different visual perspective. You can see prices operating within the top side of this range over here. We’re looking for this to flip into a new range, meaning strong support should be between $25,000 and upside resistance around that $34,000 mark. CryptoBanter With inflation stubbornly high, CryptoBanter thinks the Federal Reserve will continue raising interest rates. This could spark a recession and lead risk assets like Bitcoin significantly lower. If [consume...