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Crypto Evolution
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ALT SEASON is when #BTC dominance craters, as people take profits from BTC and put it into altcoins A macro BTC dominance uptrend, which is what we have been in, suggests that this is not alt season, nor has it been. This chart shows the last alt season we had was in 2021

ALT SEASON is when #BTC dominance craters, as people take profits from BTC and put it into altcoins

A macro BTC dominance uptrend, which is what we have been in, suggests that this is not alt season, nor has it been.

This chart shows the last alt season we had was in 2021

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$BTC BTC weekly closure was above 65k which is a positive sign. Now BTC has reached the the next strong resistance level which is the 67500 level BTC has faced a rejection from this level in the past. Now for the further bullish momentum BTC needs to flip the 67500 resistance level to target the higher level of 70k. The Next strong support level for the BTC will be the 65k level in case of a rejection.
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Solana Price Prediction: Bullish Outlook for 2024 and Beyond! ($SOL) Current Price: $174.55 (SOL/USD) Solana (SOL) has been gaining traction in the crypto market, and experts are bullish on its future. Here's a breakdown of the latest predictions: 2024: Forecasters expect SOL to reach $250 by year-end, a significant increase from its current price. 2025: The bullish trend is predicted to continue, with SOL potentially reaching $400. Long-Term: By 2030, SOL could reach $500, followed by further growth to $700 in 2033 and $800 in 2035. Several factors are driving this optimistic outlook: Increased Network Activity: Rising trading volumes on the Solana network are seen as a positive indicator for the price. Solana Meme Coins: The popularity of meme coins like BONK, BOME, and MEW built on Solana is generating additional interest and potentially boosting the ecosystem. Evolving Ecosystem: Strong DeFi activity and significant stablecoin volumes within the Solana ecosystem suggest continued growth. Overall, the sentiment surrounding Solana is positive. With its potential for scalability and a thriving ecosystem, SOL could be a cryptocurrency to watch in the coming years. #SolanaStrong #SolanaAnalysis
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SOL ($SOL.X) Poised for Continued Uptrend: Technical Indicators Flash Bullish Signals SOL.X is signaling a strong potential for continued gains based on multiple technical indicators: Golden Cross: The 10-day moving average decisively crossed above the 50-day moving average on May 19th, 2024. Historically, this "Golden Cross" has been a bullish indicator, with SOL likely to move higher in 86% of similar past instances. Emerging from Oversold Territory: The RSI indicator suggests a shift from a downtrend. When exiting oversold zones, SOL's price has increased in 65% of past cases. Positive Momentum: The Momentum Indicator crossed above zero on May 15th, 2024, indicating potential for upward price movement. In 61% of historical cases, this preceded a price increase. MACD Turning Positive: The Moving Average Convergence Divergence (MACD) turned positive on May 3rd, 2024. When this occurs, SOL has risen in 60% of past instances over the following month. Breaking Above 50-Day Moving Average: SOL's price moving above its 50-day average on May 15th is a classic trend reversal signal, historically followed by price increases in 72% of similar situations. Strong Recent Advance: Following a substantial 3-day gain of 8.44%, SOL's price is likely to continue its upward trajectory. In 72% of past instances where SOL experienced a 3-day advance, the price rose further within the following month. Overall, these technical indicators strongly suggest that SOL.X is in a prime position for continued growth. Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.
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Bitcoin's Bull Run: $70K or Bust? Bitcoin is trading above $67K with a market capitalization of $2.55T and a BTC dominance of 51.87%. Analysts have mixed views on its future movements, with predictions ranging from a bullish trend targeting $70K to $295K, to warnings of a potential 10% drop. Key levels to watch include $67K, $68K, and $72K. The market sentiment is leaning towards 'Greed' according to the Fear & Greed Index. #CMEBitcoinSpotTrading #ETHETFS #BTC
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Bitcoin: Pump or Dump? Traders, buckle up! Bitcoin (BTC) is sending mixed signals. On the 1-hour timeframe, there seems to be a hidden bullish signal, hinting at a potential price increase. However, the 4-hour timeframe paints a contrasting picture with the MACD Oscillator closing, indicating a bearish trend. So, what does this mean for BTC? The post suggests the coin is currently in a neutral state, waiting for a significant move in either direction. This presents an opportunity for traders to capitalize on the eventual pump or dump. What's your take? Will BTC break bullish or plunge into a bear market? Share your predictions and trading strategies in the comments!
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