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Have we got next bull run? let us know in comments. #altcoins #BlackRock #BTC🔥🔥🔥🔥🔥
Have we got next bull run?
let us know in comments.
#altcoins
#BlackRock
#BTC🔥🔥🔥🔥🔥
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$LINK 1D $LINK has been consolidating in the channel below for 8 months (since Nov) w/ price finally breaking out in textbook style, we're witnessing a classic breakout, retest, continuation in progress, what a beauty LFG $25 in sight
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As the #Bitcoin market breaks towards a new ATH and price discovery, it enters the Euphoria phase, where the supply in profit starts to fluctuate around the 90% level for the next 6-12 months. The current euphoria phase is relatively young but has been active for around 2.5 months, with 93.4% of supply held in profit as of current.
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The market is rapidly changing... Less and less $BTC supply is available to the masses. A enormous bull market is imminent...
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BTC Technical Analysis: Triangle Watch Bitcoin (BTC) is currently caught in an ascending triangle pattern. Price faced rejection at the horizontal resistance line, but it's finding support above the Ichimoku cloud. ☁️ A bounce off the cloud followed by a decisive breakout from the triangle would be a strong bullish signal. Until then, expect continued consolidation within the triangle. #TechnicalAnalysis #Bitcoin #BTC #Binance
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Ethereum Headed for $10k? Don't Underestimate Its Potential There's a lot of chatter out there saying a $10,000 price target for Ethereum (ETH) this cycle is a long shot. That's surprising considering I'm usually the cautious one, not the wild optimist. Here's why I think $10k is a very achievable target: Historically Measurable: This price is only a 2x increase from the previous cycle's high. Strong Ecosystem: The number of Layer 2 scaling solutions leveraging Ethereum is unprecedented. Ethereum itself remains the king of usage within the crypto space. ETF Boost: The recent ETF approval injects a new wave of potential investment into Ethereum. Market Leader Durability: It's difficult to imagine a thriving crypto market without Bitcoin and Ethereum. They're past the "prove themselves" stage. This $10k target is actually quite conservative in my view. The only way I see it failing is if the entire crypto market collapses. Even then, while many altcoins might not survive, Ethereum, as a market leader, would likely weather the storm. The Rising Tide Lifts All Boats (But Not Every Raft): A rising Ethereum price will bring more capital and liquidity to the overall market, benefiting quality altcoins. However, unlike the 2021 boom, this liquidity won't inflate every single project. The market is too saturated for that. The Reality of Sh*tcoins: If you're looking for a 50-100x return on some random altcoin while scoffing at a measly 2.5x increase for Ethereum, you're missing the bigger picture. A stagnant Ethereum price likely indicates a stagnant market overall, dashing those "easy money" dreams for your altcoins. Remember, Ethereum surges during altseasons too. Don't underestimate the potential of Ethereum. A $10,000 price tag is a realistic target, and I expect to see even higher prices in the future. This rise will likely trigger a positive spillover effect for quality altcoin projects. However, focus on strong projects, not speculative ventures, to capitalize on this growth.
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