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Notwithstanding the prevailing bearish sentiment and the recent release of weak US economic data, the recovery of Bitcoin’s hashrate and the introduction of new on-chain security protocols have increased the likelihood of a significant price surge, potentially reaching $70,000. The prospect of a substantial price increase is further bolstered by the risk of a $600 million liquidation of bearish positions, which could trigger a rally in the cryptocurrency market. As the Bitcoin network continues to demonstrate resilience and adaptability, the potential for a major price surge remains a distinct possibility, with the $70,000 mark emerging as a viable target for investors and traders alike.<\/p>","protected":false},"excerpt":{"rendered":"
Notwithstanding the prevailing bearish sentiment and the recent release of weak US economic data, the recovery of Bitcoin’s hashrate and the introduction of new on-chain security protocols have increased the likelihood of a significant price surge, potentially reaching $70,000. The prospect of a substantial price increase is further bolstered by the risk of a $600 million liquidation of bearish positions, which could trigger a rally in the cryptocurrency market. As the Bitcoin network continues to demonstrate resilience and adaptability, the potential for a major price surge remains a distinct possibility, with the $70,000 mark emerging as a viable target for investors and traders alike.<\/p>","protected":false},"author":1,"featured_media":2023,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[68],"tags":[],"class_list":["post-2024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"acf":[],"_links":{"self":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/posts\/2024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/comments?post=2024"}],"version-history":[{"count":0,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/posts\/2024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/media\/2023"}],"wp:attachment":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/media?parent=2024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/categories?post=2024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/tags?post=2024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}