Bitcoin News Forecast: OKC Thunder Shows Signs of Recovery
Despite the recent market downturn, the Oklahoma City Thunder have shown signs of recovery in recent weeks. Led by the resurgence of All-Star guard Shai Gilgeous-Alexander, OKC has won three of their last four games, including a 115-96 victory over the Memphis Grizzlies on Monday night.
Gilgeous-Alexander has been on a tear since returning from injury, averaging 30.3 points, 5.5 rebounds, and 6.3 assists per game over his last five outings. The 24-year-old guard has been particularly efficient from the field, shooting 50.6% from the floor and 43.5% from three-point range.
In addition to Gilgeous-Alexander, OKC has received strong contributions from several other key players. Rookie forward Jalen Williams has emerged as a promising two-way threat, averaging 12.3 points and 5.3 rebounds per game while shooting 48.5% from the field. Center Jeremiah Robinson-Earl has also been impressive, averaging 10.8 points and 8.0 rebounds per game over his last five starts.
The Thunder’s recent success has been built on a foundation of strong defense. OKC ranks 10th in the NBA in defensive rating (112.1 points allowed per 100 possessions), and they have held their opponents to an average of just 106.8 points per game over their last four wins.
Despite their recent resurgence, OKC still sits at 14-25 on the season, good for 14th place in the Western Conference. However, the Thunder’s young core is showing signs of growth and potential, and they could be a team to watch in the second half of the season.
Bitcoin Forecast
The Bitcoin market has been volatile in recent weeks, with prices fluctuating between $16,000 and $18,000. However, some analysts believe that the bottom may be in sight for the cryptocurrency.
On-chain data shows that the number of active Bitcoin addresses has been increasing in recent weeks, and the hash rate has also been rising. This suggests that there is still interest in Bitcoin from both retail investors and miners.
Additionally, the recent announcement by the United States Securities and Exchange Commission (SEC) that it will not classify Bitcoin as a security is seen as a positive development for the cryptocurrency. The SEC’s decision provides more regulatory clarity for Bitcoin and could encourage institutional investors to enter the market.
Overall, the Bitcoin market is still in a state of flux, but there are some signs of recovery. If prices can continue to stabilize above $18,000, it could be a sign that the bottom is in and that a new bull market is on the horizon.
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