Big News: Michael Saylor’s #Bitcoin Plan 🚀 ▪️ Michael Sayl | Rk Trades على Binance Square

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Big News: Michael Saylor’s #Bitcoin Plan 🚀
▪️ Michael Saylor has hinted at buying $3 billion worth of $BTC  on Monday
▪️ Could this be the push that takes Bitcoin to $100k tomorrow?
#BTC #ETH #TIA #XRP #DOGE 

إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.

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Bitcoin Going to Crash After Hitting $100K? Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000. The exponential moving averages (EMAs) signal a strong bullish trend, with the 50-day EMA positioned above the 100- and 200-day lines. However, the Relative Strength Index (RSI) has reached 82, indicating overbought conditions that could lead to a short-term price correction. Despite the risks, Bitcoin trading volumes remain strong, showing confidence from both retail and institutional investors. But Schiff’s warnings about MicroStrategy’s reliance on leverage raise questions about how long this rally can be sustained. If institutional buying slows, Bitcoin’s price could experience sharp corrections. #BTC #ETH #DOGE #ADA #XLM

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The Bitcoin price inched close to $100K and after facing a small pullback, it is hovering within a range. In the meantime, the top altcoins that performed well in the 2021 bull run, like Litecoin & Polkadot, have triggered a fresh bullish run. Both the tokens have reached pivotal levels and hence are believed to trigger a fresh bullish run in the coming days. Litecoin has been considered one of the most undervalued tokens as being the first altcoin after Bitcoin; the token maintained a sluggish trend for quite a long time. During the 2021 bull run, the price managed to rise by over 1500% and hence the price is expected to display a more aggressive upswing in the upcoming bull run. The LTC chart in the long term suggests the trend has just shifted in favour of the bulls as the Ichimoku cloud displayed the end of the selling pressure. Besides, the supertrend has just flipped from bearish to bullish, suggesting the start of a fresh bullish trend. However, the Litecoin price has entered a pivotal range between $101.43 and $106.33 and reached the neckline of the double-bottom pattern. A push from this range could elevate the levels close to $130, which could further elevate the levels above $155. #LTC #BTC #ETH #XRP #DOGE

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Cardano has remained undervalued for quite a long time, due to which the traders have made a huge shift away from the token. However, the recent rise suggests the price follows its trend and triggers a massive rise when the other popular tokens remain consolidated within a range. This suggests the ADA price is within the bullish range and here is why it is preparing for a massive upswing for the rest of the month. As the ADA price remained sluggish for a prolonged time, the whales shifted their focus away from the token. However, the volume of ADA transactions has increased by over 300% in the past couple of weeks. Moreover, the whales and institutional players seem to have positioned themselves for the next big thing for the Cardano price rally. The volume has surpassed $22 billion a day in recent times. Besides, the active address count over the token has increased heavily. The active address count is the number of addresses that contacted the platform regardless of whether they intend to buy, sell, or swap the token. A rise in levels suggests a rise in volatility, as the rise in the active addresses suggests healthy growth of the platform, promoting a bullish narrative for the ADA price ahead. With the rise in bullish sentiments among the retail traders and the whales, the Cardano price appears to be poised to maintain a steep upswing. Currently, the price is trying hard to close the weekly trade above the interim resistance at $1.2, which may elevate the levels above $1.38 securing a run to $1.5. A continued ascending trend over this range could elevate the levels above $2, which may further enroute the levels, forming a new ATH above $3.5. #ADA #BTC #ETH #DOGE #XRP

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Top Gainers: Stellar (XLM): $0.4358 (+53.82%) Algorand (ALGO): $0.3099 (+34.47%) Cardano (ADA): $1.09 (+23.38%) Top Losers: Mog Coin: $0.0000002516 (-14.08%) Popcat: $1.48 (-6.56%) Cronos: $0.1886 (-6%) #BTC #DOGE #ADA #XLM #XRP

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Dogecoin has proved to be the finest memecoin, as the other memes fell under the bearish influence as the top one started to swell. The liquidity flow onto the token has increased heavily, which has helped the levels to rise above $0.46 at the moment. After achieving these levels, the DOGE price appears to be ready for another bullish run, which could elevate the levels close to the $1 milestone, probably before the end of 2024. DOGE price displayed a bullish daily close above the key resistance at around $0.39, which helped the token to begin the day’s trade above $0.4. One of the main reasons for the sudden spike can be the gigantic rise in the number of active addresses. These levels, which failed to rise in the times of the early 2024 upswing, have now demonstrated a huge rise. The active address count has reached 1.6 million from levels around 70K, suggesting an acute rise in the trading activity, which has increased the volatility of the token. Besides, the whales have been shedding their holdings since the start of the month, which has allowed the market participants to take over the rally. #DOGE #BTC #ETH #XRP #BNB

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