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I am here with crypto news latest update and price prediction of BTC . We come up with daily crypto market analysis .

We’ll discuss Bitcoin – Ethereum – BNB and some other stable coins price prediction and technical analysis.

Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?

Takeover rumors and an ongoing short squeeze help CEL price rally but is there enough momentum for more upside?

Crypto lending platform Celsius Network has an approximately $1.2 billion gap in its balance sheet, with most liabilities owed to its users. In addition, the firm has filed for bankruptcy protection, so its future looks bleak.

Still, Celsius Network’s native utility token CEL has soared in valuation by over 4,100% in the last two months, reaching around $3.93 on Aug. 13 compared to its mid-June bottom of $0.093.

Takeover rumors behind CEL explosion?

Technically, the price rally made CEL an excessively valued token in early August when its relative strength index (RSI) crossed above the 70 threshold.

Takeover rumors appear to be behind CEL’s upside strength. Notably, Ripple wants to purchase Celsius Network’s assets, according to an anonymous source cited by Reuters on Aug. 10.


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Asalaam o alikum dear YouTube family,
We are going to Update you about Next 12 hour BTC and etherium situation.And we will teach u how Candle works And The most important thing is MARKET Capitalization scale U have to follow These 3 points
First is Capitalization and 2nd is candle chart and last is Bitcoin technical analysis
I share with you daily CRYPTO NEWS and latest UPDATES from cryptocurrency industry.

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๐Ÿ”ด Table of contents:

00:00 : intro
02:45 : crypto news today
04:40 : Coins update
10:30 : celsius network news
13:40 : BTC / ETH CANDEL CHART
17:45 : EXIT THIS COIN
18:03 : outro


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Disclaimer: The opinion expressed here is not investment advice โ€“ it is provided for informational purposes only. It does not necessarily reflect the opinion of AL MAKKAH TECH .Iโ€™m not a financial adviser. invest solely based on your own findings and personal judgment. Non-profit, educational, or personal use tips the balance in favor or of fair use. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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