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Four-time NBA champion and Finals MVP retires after 19 seasons

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Andre Iguodala is calling it quits after 19 seasons in the NBA that resulted in four championships. 

Iguodala, 39, who spent eight of his last 10 seasons with the Golden State Warriors, announced his retirement on Friday, just four days before the start of the 2023-24 NBA season. 

Andre Iguodala, #9, Stephen Curry, #30, Draymond Green, #23, and Klay Thompson, #11, of the Golden State Warriors pose with their championship rings in front of a championship banner during a ceremony prior to the game against the Los Angeles Lakers at Chase Center on October 18, 2022, in San Francisco, California.  (Ezra Shaw/Getty Images)

“It’s just the right time,” Iguodala told Andscape in a phone interview. “Time started to get limited for me, and I didn’t want to put anything in the back seat. I didn’t want to have to try to delegate time anymore. Especially with on the court, off the court with family. A lot.

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“You want to play at a high level. But then family is a lot. My son is 16, and then two girls. So, [I’m] looking forward to seeing them grow up in those important years.”

Iguodala said he had interest from the Warriors and other teams about returning but ultimately decided to retire. 

Iguodala was drafted out of the University of Arizona in 2004 by the Philadelphia 76ers with the ninth overall pick. He spent his first eight seasons in Philadelphia and was selected to his lone All-Star Game in 2012. 

Andre Iguodala celebrates a championship

Andre Iguodala, #9 of the Golden State Warriors, celebrates winning the NBA Championship in Game Five against the Cleveland Cavaliers of the 2017 NBA Finals on June 12, 2017, at Oracle Arena in Oakland, California.  (Noah Graham/NBAE via Getty Images)

A lock-down defender, Iguodala joined the Warriors in 2013 and was a member of the core group of players who won four championships

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Iguodala was named the MVP of the 2015 NBA Finals after the Warriors defeated LeBron James and the Cleveland Cavaliers. 

“That was pretty cool,” Iguodala told Andscape. “It was funny. [Then-Warriors general manager] Bob Myers was the one that gave me the news. That was one of those moments you’ll never forget. I remember every moment when that happened. But it’s always safe to say if you just go out and do your job and what you’re supposed to do, things will happen the way they’re supposed to happen. You just got to have faith that things will work out favorably as long as you have that faith.

“You see a lot in sports like guys going out, making sure they get it, and that sometimes that gets in the way of the team success. It always does.”

Gary Payton II and Andre Iguodala with the championship trophy

Gary Payton II, #0, and Andre Iguodala, #9, of the Golden State Warriors pose for a portrait with the Larry O’Brien Championship Trophy after winning Game Six of the 2022 NBA Finals on June 16, 2022, at TD Garden in Boston, Massachusetts.  (Mark Blinch/NBAE via Getty Images)

Prior to the 2022-23 NBA season, Iguodala said that his 19th year in the league would be his last. 

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He played in just eight games last year as he battled injuries during a tumultuous season for Golden State. 

Iguodala ends his career with an average of 11.3 points, 4.9 rebounds, 4.2 assists and 1.4 steals per game. He was selected to two All-NBA Defensive teams. 

BTC price hits 2-month high amid bet Bitcoin will break $32K ‘soon’

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Bitcoin (BTC) tapped $30,000 into the Oct. 20 Wall Street open as analysts directed attention to the weekly close.

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BTC/USD 1-hour chart. Source: TradingView

BTC price sets up weekly close showdown

Data from Cointelegraph Markets Pro and TradingView captured new two-month BTC price highs of $30,233 on Bitstamp.

The pair showed continued strength during the Asia trading session, with a slight comedown taking place at the time of writing, taking the spot price back below $29,500.

With volatility still evident, market participants argued that a weekly candle close was needed in order to establish the rally’s true staying power.

For Keith Alan, co-founder of monitoring resource Material Indicators, the 100-week moving average (MA) at $28,627 was of particular importance.

“This move is one to watch, but what I’m watching for right now is to see if this Weekly candle closes above the 100-Week MA and if next week’s candle can stay above it with no wicks below,” he wrote in part of an X post on the day.

“Some might consider that a confirmation of a bull breakout, but this market is known for squeezes and fake outs so I’m looking for more confirmations. For me BTC will also need to take out prior resistance at $30.5k, $31.5k and ultimately $33k to call a bull breakout confirmed and validated.”

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BTC/USD 1-week chart with 100MA. Source: TradingView

Eyeing required support zones, popular trader Pentoshi flagged $28,900 as the line in the sand for bulls to hold.

Tracking low-timeframe (LTF) market conditions, meanwhile, fellow trader Skew suggested that a sweep of late longs could result in an entry opportunity prior to upside resuming.

“I suspect longs are starting to fomo in here around $30K,” he told X subscribers alongside a chart of exchange order book data as $30,000 reappeared.

“So if this LTF trend breaks a nice sweep could be a nice entry before higher wouldn’t be surprised to see something like this play out.”

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BTC/USD order book data. Source: Skew/X

Forecast expects “mass adoption,” Bitcoin ETF approval

In an optimistic longer-timeframe view, trading team Stockmoney Lizards predicted that resistance immediately above $30,000 would soon crack.

Related: Hodling hard: Bitcoin’s long-term investors own over 76% of all BTC for the first time

Updating a chart fractal comparing BTC/USD in 2023 to its 2020 breakout, analysts argued that the time for significant upside is now. An approval of the United States’ first Bitcoin spot price exchange-traded fund (ETF) would form the clinching factor.

“31/32k will break soon,” part of accompanying commentary read.

“P.S.: Many of you will once more say: ‘But 2020 was after halving, here we are before’ — answer: doesn’t matter. This year mass adoption / ETF approval will be THE driver.”

Stockmoney Lizards referenced the upcoming block subsidy halving scheduled for April 2024.

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BTC/USD comparative chart. Source: Stockmoney Lizards/X

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.