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Bitcoin remains on track to deliver possible further gains of up to 30% versus current BTC price levels, says CryptoCon. 2022 Total views 7 Total shares Listen to article 0:00 Markets News Join us on social networksBitcoin (BTC) is on track to hit $45,000 in November as part of a classic BTC price cycle, popular analyst CryptoCon said.

In an X thread on Oct. 25, the Bitcoin price model creator turned his attention to one based on Fibonacci retracement levels.Analyst: $45,000 next month is possible for Bitcoin

Bitcoin reaching 17-month highs this week has many market participants expecting a pullback, but CryptoCon believes that plenty of upside potential remains.

Comparing current BTC price behavior to previous cycles, he showed that there is still room for BTC/USD to expand to the highest of the Fibonacci models five targets to hit a mid-cycle top.

Four have already been seen, with target four lying around 3.3% above this weeks top at $36,368. In between them are what are called phases and November now marks a deadline for the next to be completed.

The move to the cycle mid-top usually takes about 2 months after the end of phase 2. Since our first month is about to come to a close in phase 4, the mid-top could be complete as soon as November, part of the commentary stated.Translation: A possible move above 45k by next month.Bitcoin Mid-Cycle Fibonacci Phases chart. Source: CryptoCon/X

Continuing, CryptoCon flagged two key resistance levels for Bitcoin bulls to clear in order for the $45,000 target to become reality.

Both of these line up at about $36,400, he noted.BTC/USD chart with Fibonacci resistance levels. Source: CryptoCon/XBTC price cycle behavior completely different

Updating his own cycle comparison, meanwhile, fellow trader and analyst Rekt Capital described a completely different setup for Bitcoin in 2023.

Related:This is the trigger Arthur Hayes says its time to bet on Bitcoin

At this point in its four-year pattern, BTC/USD should be testing support, not resistance, he argued, contrasting the current landscape to that from March 2020.

At the time, the pair put in cycle lows of just above $3,000 as part of a cross-market crash engendered by the start of the COVID-19 pandemic.

Bitcoin is doing something completely different to what it did in 2019 at this same point in the cycle, he wrote.Bitcoin price cycle comparison. Source: Rekt Capital/X

In various recent X posts, Rekt Capital added that any significant pullback would represent a significant cycle buying opportunity.

#BTC

Any deeper retrace that occurs over the next 175 days before the Halving will represent an outsized opportunity for the next few years$BTC #Crypto #Bitcoin pic.twitter.com/KH7bsC7edq Rekt Capital (@rektcapital) October 25, 2023

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. # Bitcoin # Bitcoin Price # Markets # Predictions

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Add reaction Read more Macro factors to spark next crypto bull market in Q2 2024, Real Visions Raoul Pal says Why the 2024 Bitcoin halving may play out differently than in the past Bitcoin bull market awaits as US faces bear steepener Arthur Hayes

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Entertainment

Rapper charged with GBH – after singer Chris Brown remanded in custody over ‘bottle attack’

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Rapper charged with GBH - after singer Chris Brown remanded in custody over 'bottle attack'

A second man has been charged with grievous bodily harm with intent after an incident at a London nightclub that allegedly involved US singer Chris Brown.

The Metropolitan Police said Omololu Akinlolu, 38, will appear at Manchester Magistrates’ Court on Saturday.

Better known by his stage name HoodyBaby, the American rapper has been charged in connection with an alleged assault at the Tape nightclub in central London in February 2023.

Brown, 36, was charged on Thursday with grievous bodily harm with intent and was remanded in custody by judge in Manchester until 13 June.

He is accused of attacking music producer Abraham Diaw with a bottle during the incident in February.

During a hearing at Manchester Magistrates’ Court on Friday, Brown watched intently as brief details of the case against him were outlined by prosecutor Hannah Nicholls.

She accused Brown of committing “an unprovoked attack with a weapon in a nightclub full of people”.

Brown spoke to confirm his name and date of birth, but did not enter a plea.

He will appear for a plea and trial preparation hearing in London on 13 June.

Read more from Sky News:
Trump says ex-FBI director’s seashells post ‘meant assassination’
Seven men on run after ‘Shawshank’ escape from jail

Brown – known for hits such as “Loyal”, “Run It” and “Under the Influence” – was arrested at a hotel in Manchester in the early hours of Thursday by detectives from the Metropolitan Police.

The Grammy Award-winning singer was due to tour the UK in June and July, with dates in Manchester, Cardiff, London, Glasgow and Birmingham.

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Environment

Bollinger Motors circles the drain as court cases, debts pull it down

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Bollinger Motors circles the drain as court cases, debts pull it down

A federal court judge in Michigan has placed the once-promising electric truck brand Bollinger Motors’ assets into receivership following claims that the company’s owners still owe its founder, Robert Bollinger, more than $10 million.

Bollinger Motors first came to fame in the “draw a truck, get a billion dollars” stage of the EV revolution that saw Nikola rise to a higher market cap than Ford for a brief time. Robert Bollinger wasn’t able to capitalize quickly enough to get his trucks into production, though – and a late stage pivot to sell the brand to Mullen Automotive and launch a medium-duty commercial truck doesn’t appear to have been enough to save it.

Now, Automotive News is reporting on some of the more convoluted details of the Mullen purchase deal, with Robert (for ease of distinguishing the man from the brand) claiming that Mullen Automotive owes him more than $10 million for a loan he made to the company in 2024.

Just how Robert ended up giving Mullen Automotive $10 million to take his eponymous truck brand off his hands is probably one of those capitalistic mysteries that I’ll never understand, but Mullen’s response was perfectly clear: they didn’t even bother to show up to court.

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Bollinger claims that at least two suppliers are also suing Mullen for unpaid debts. As such, the Honorable Terrence G. Berg has put the Bollinger brand into receivership, and its assets have been frozen in preparation for everything being liquidated. Worse, for Bollinger, the official court filings reveal a company that is really very much doing not awesome:

The testimony and evidence—which Defendant’s counsel conceded accurately reflected Defendant’s finances—showed that Defendant is in crisis. For months Defendant has owed more than twenty million dollars to suppliers, contractors, service providers, and owners of physical space. These debts are owed to parties who are critical for Defendant’s functioning. CEO Bryan Chambers testified that Defendant was locked out of its production facilities on May 5, 2025, and that the owner of the production facilities was seeking to permanently evict Defendant. The Court heard that Defendant had been prevented from accessing its critical manufacturing accounting system for a short time at the end of April 2025, before making a partial payment to restart services.

US DISTRICT COURT EASTERN DISTRICT OF MICHIGAN

I’m not sure if you caught all that, but Bollinger’s CEO has been locked out the company’s facilities and getting evicted, the company is more than $20 million in debt, and that debt is owed to people Bollinger absolutely needs in order to keep going.

You can read the full court decision, which I’ve embedded here, below. Once you’ve taken it all in, feel free to rush into the comments to say you told me so, since I really thought hoped the Bollinger B1 had a shot. Silly me.

Bollinger v. Bollinger case

SOURCES: Automotive News, Justia, Yahoo!.

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Science

New Study Reveals Recent Ice Gains in Antarctica, But Long-Term Melting Continues

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New Study Reveals Recent Ice Gains in Antarctica, But Long-Term Melting Continues

Global warming and climate change have been subjects of major concern for a long time. One of the key indicators of this phenomenon is the melting of ice in the polar regions. Researchers from Tongji University in Shanghai have been using NASA satellite data to track changes in Antarctica’s ice sheet over more than two decades. Their newest study states that despite the increase in global temperature, Antarctica has gained ice in recent years. However, it cannot be considered as a miraculous reversal in global warming because over these two decades, the overall trend is substantial ice loss. Most of the gains have been caused by unusual increased precipitation over Antarctica.

About the New study

According to the new study , NASA’s Gravity Recovery And Climate Experiment (GRACE) and GRACE Follow-On satellites have been monitoring this ice sheet since 2002. The ice sheet covering Antarctica is the largest mass of ice on Earth

The satellite data revealed that the sheet experienced a sustained period of ice loss between 2002 and 2020. The ice loss accelerated in the latter half of that period, increasing from an average loss of about 81 billion tons (74 billion metric tons) per year between 2002 and 2010, to a loss of about 157 billion tons (142 billion metric tons) between 2011 and 2020, according to the study. However, the trend then shifted.

The ice sheet gained mass from 2021 to 2023 at an average rate of about 119 billion tons (108 metric tons) per year. Four glaciers in eastern Antarctica also flipped from accelerated ice loss to significant mass gain.

General Trend in global warming

Climate change doesn’t mean that everywhere on Earth will get hotter at the same rate, so a single region will never tell the whole story of our warming world.

Historically, temperatures over much of Antarctica have remained relatively stable, particularly compared to the Arctic. Antarctica’s sea ice has also been much more stable relative to the Arctic, but that’s been changing in recent years.

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