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$BTC HITS A NEW RECORD! 🤯 & Here Why Is Such Important! BTC has achieved another record recently, more precisely it has processed 1 billion transactions since 2009! In my opinion this great milestone outlines its growth in terms of adoption as a decentralized payment network. In fact, if we compare BTC with VISA or Ether, Bitcoin still dominates the scene. Also, This achievement seems that have been appreciated by investors recently (+12% since recent low). However, beside this great milestone, I believe that BTC still presents some issues in terms of scalability and environmental impacts. Bitcoin still has troubles on handling lots of transactions quickly, causing delays and high fees. STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝

$BTC HITS A NEW RECORD! 🤯 & Here Why Is Such Important!

BTC has achieved another record recently, more precisely it has processed 1 billion transactions since 2009! In my opinion this great milestone outlines its growth in terms of adoption as a decentralized payment network. In fact, if we compare BTC with VISA or Ether, Bitcoin still dominates the scene. Also, This achievement seems that have been appreciated by investors recently (+12% since recent low). However, beside this great milestone, I believe that BTC still presents some issues in terms of scalability and environmental impacts. Bitcoin still has troubles on handling lots of transactions quickly, causing delays and high fees.

STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝

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$ETH ETF APPROVAL MAY ANTICIPATE THE ALTSEASON 🚨 & Here Is Why 👇 SEC has finally approved 8 spot Ethereum ETFs! That's a big change influenced by the new the political attitudes. Politicians understood that supporting some specific digital assets will set U.S as a leader in financial technology and innovation. That's a positive move for Ether it's now considered a commodity (and not a security anymore) and it will potentially attract new capital from institutionals and retail investors. Some analysts predict that ETH could reach $10k if the launch of the spot ETH ETFs is as successful as the launch of the spot Bitcoin ETFs. Major firms like VanEck, BlackRock and Fidelity may will play again the biggest role! Overall, in my opinion, this approval is a bullish event that will fuel the current status of the crypto market. Usually, regulatory approvals boost the confidence among investors that before were hesitant in risking their money. So they may now allocate their funds into Ethereum and rise up its price. Keep in mind that the Ethereum blockchain is an ecosystem and consequently, all the projects build on top of it, will follow the trend. I won't be surprised if $OP , ARB & MATIC show themselves off soon! In fact, I will not miss to track the ETH/BTC pair because it often signal the onset of altseason! For who may doesn't know, when Ethereum starts to outperform Bitcoin and thus causing the ETH/BTC ratio to rise, it often signals that investors are shifting their capital from Bitcoin to altcoins. This potentially indicate the beginning of the altseason! Do You Think ETH Could Reach 10k After This Approval? 🤔 Let Me Know In Comments! STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 - DYOR 🙏 NFA.🤝 #EthereumETF #EthereumPredictions #ETHPrice #altseason2024 #AltcoinInvesting
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$NEAR SET TO REVISIT ITS PREVIOUS ATH ($20.6)! 🔥But First... 👇 Currently trading at $7.9, NEAR is showing a strong up trend! Thanks to the latest news regarding Ethereum, the crypto market has recovered and more buying volumes have come in. NEAR is gaining a significant momentum and the monthly structure literally confirms that. If the June monthly candle closes above the previous one, most likely the trend will revisit R2. Despite the past challenges in surpassing the 10 dollar, this time, the narrative could become reality. Technical indicators on a monthly time frame such as EMA10 and MOM10 are suggesting a long term uptrend. This is a massive bullish scenario for long term investors. Fibonacci levels predict a price target of $16.5. However, if we "zoom in" and we watch at the daily time frame, HMA and CCI indicators are forecasting a short term correction, heading to S3. For who may doesn't know, the Hull Moving Average (HMA) is an helpful indicator that helps to spot a trend direction and thus confirm a potential market reversals. According to the current situation, I will implement the following strategy: Up Trend Scenario + Hedge Strategy I will open a long position as soon as the price reaches the support range (S3). Leverage 1x, Stop loss on 7.16. If the price then goes up, I'll take profit on R1 (25%) and (75%) on R2. If selling volume increase and market goes against me, I'll open a short position on the previous stop loss and take profits on S2. Most likely, on S2 I'll reopen a new long position but with Leverage 2x. I'll keep you update! And You, Do You Believe Near Could Hit Again Its Previous ATH Of $20.6? 🤔 Let Me Know In Comments! STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #NEARProtocol #Nearprice #NearBullish #Altcoins2024
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