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- Analyst Dave the Wave, who accurately predicted the crypto market meltdown in May 2021, believes that Bitcoin's current bear market and correction from its 2023 high will likely continue until the end of the year. - Dave the Wave uses his version of #logarithmic growth curves (LGC) to forecast Bitcoin's macro highs and lows while filtering out short-term volatility. - BTC is currently #trading near the bottom of Dave the Wave's LGC, in the "buy zone," indicating potential for an upward move. - He suggests that BTC might experience a slight #downward movement until next year before pushing to new all-time highs above $69,000 by the middle of 2024. - Dave the Wave points out that the monthly moving average convergence divergence (MACD), a long-term momentum indicator, has also flipped bullish, adding to the positive outlook. - He believes that current #BTC prices are reasonable for investment based on the LGC and the #bullish MACD. - As of the current time, Bitcoin is trading at $25,990. $BTC $

- Analyst Dave the Wave, who accurately predicted the crypto market meltdown in May 2021, believes that Bitcoin's current bear market and correction from its 2023 high will likely continue until the end of the year.

- Dave the Wave uses his version of #logarithmic growth curves (LGC) to forecast Bitcoin's macro highs and lows while filtering out short-term volatility.

- BTC is currently #trading near the bottom of Dave the Wave's LGC, in the "buy zone," indicating potential for an upward move.

- He suggests that BTC might experience a slight #downward movement until next year before pushing to new all-time highs above $69,000 by the middle of 2024.

- Dave the Wave points out that the monthly moving average convergence divergence (MACD), a long-term momentum indicator, has also flipped bullish, adding to the positive outlook.

- He believes that current #BTC prices are reasonable for investment based on the LGC and the #bullish MACD.

- As of the current time, Bitcoin is trading at $25,990.

$BTC $

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Hey there, fellow crypto enthusiasts! 🌟 Looks like our beloved memecoins are trying to find their footing in the crypto jungle, but it's been a bit of a wild ride lately. 🎢 Let's break it down together! So, over the past 24 hours, our meme pals like Dogecoin, Shiba Inu, and Pepe have been making some moves to bounce back from the recent market turbulence. But hey, it's been a bit of a rollercoaster, you know? 😅 According to CoinGecko, the total market cap of memecoins has been bouncing around by about 4-7%, keeping us all on our toes. Phew! But amidst the chaos, we've seen some shining stars emerge! 🌟 Pepe (PEPE) shot up by a whopping 21%, followed by Floki (FLOKI) with a 14% boost, and even our trusty Dogecoin (DOGE) managed to claw back with a 7% increase. It's like watching our favorite underdogs rise up again! 🚀 And speaking of Dogecoin, did you know it's still holding onto its crown with a market cap of around $22 billion? That's some serious doggy power! 🐶 But let's not forget about Shiba Inu (SHIB) too! It's catching some bullish vibes, up by 6% on the day and securing its spot as the second most popular memecoin. 🐕 Now, why the recent dip in memecoins, you ask? Well, it seems like traders have been cashing out as the Relative Strength Index (RSI) signaled overvaluation. Plus, there's been a drop in memecoin transaction volumes across all blockchains, hinting at dwindling trader interest or confidence. It's a bit of a bummer, but hey, it's all part of the crypto journey, right? 🌈 So, as we navigate through these ups and downs, let's stay alert out there and always remember to Do Your Own Research (DYOR)! 💪 Together, we'll ride out the waves and see where this crazy crypto adventure takes us next! 🚀 #NotcoinLaunchpool #altcoins #ETFvsBTC #Memecoins🤑🤑 #BTC $FLOKI $PEPE $WIF
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Elon Musk's Starlink 🛰️, the satellite internet network, is finally seeing the light at the end of the tunnel, turning a profit after years of hard work and investment. 🌟 SpaceX, Musk's aerospace company, sent its first test satellites into orbit back in 2018, and since then, they've been steadily building up their fleet to over 6,300 satellites. Despite the hefty initial costs 🤑 of building and maintaining the satellite network, recent research suggests that Starlink is on track to start making a profit after about five years. 📈 With an estimated 3 million subscribers around the world 🌍, Starlink is expected to rake in about $6.6 billion in revenue in 2024, with a sweet $600 million of that expected to land in their pockets as profit. 💰 Chris Quilty from Quilty Space has been singing SpaceX's praises, highlighting their innovative approach 🚀, including those reusable rockets and cleverly designed satellites. These strategies have helped cut costs and make operations more efficient, contributing to Starlink's success. Looking ahead, there's even more excitement brewing! 🌟 The introduction of SpaceX's Starship models could take Starlink to new heights by allowing them to launch larger and more advanced satellites. 🚀 This could open up new avenues, like using cellular data directly without needing those Starlink antennas. 📡 More possibilities mean more potential profit for Starlink! In the end, Starlink's journey to profitability is a testament to SpaceX's groundbreaking efforts in the aerospace industry, and it looks like they're set to soar even higher in the future! 🌌🚀 $BTC $ETH $BNB #Elon #StarLink #Starlink
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