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Futures
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Hundreds of contracts settled in USDT or BTC
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New
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VIP Wealth Hub
New
Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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New
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- 🎃 Halloween is here! Four GDOGs line up! 👻
🧡 Can you spot which GDOG secretly dressed up for Halloween today?
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1️⃣ Follow Gate_Square
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Analysis: If Bitcoin breaks through the resistance level of $106,406, the next target is a new historical high.
BlockBeats news, on June 16, BTC Markets crypto analyst Rachael Lucas expressed her market analysis views: “Geopolitical instability, such as the recent Israeli attack on Iranian nuclear facilities, caused Bitcoin to briefly fall by 4%, highlighting Bitcoin’s sensitivity to risk-off events. Nevertheless, as investors use it as a geopolitical hedging tool, Bitcoin usually rebounds quickly. The recent breakthrough of the resistance level at $106,406 indicates that bullish momentum continues, with the next major target being the ATH.” Kronos Research’s Chief Information Officer Vincent Liu stated that once the international situation calms down, strong global liquidity and institutional demand may lay the foundation for a Bitcoin breakout.