Bitcoin (BTC) price prediction from artificial intelligence: Watch out for October!
While the price of Bitcoin ($BTC ) has shown an upward trend during Halloween in past years, AI-supported analysis tools indicate that this trend may continue in 2024.
Bitcoin, which has been rising breathlessly since breaking $ 60,000, has excited crypto investors. As in previous Octobers, the upward momentum in BTC continues.
Bitcoin has traded higher than the previous year on every Halloween day except for 2018 and 2022. PricePredictions' AI algorithms were used to understand whether there will be a similar rise this year.
According to the AI analysis, Bitcoin may break a new record by reaching $ 73,977 on Halloween, October 31, 2024. This target means an increase of approximately 10 percent compared to Bitcoin's current price.
The AI’s Bitcoin price prediction was created using technical analysis indicators such as the Moving Average Convergence Divergence (MACD), the Relative Strength Index (RSI), and the Bollinger Bands (BB). The AI tool provides strong clues about the future movements of the market with the data obtained from these metrics.
If the predicted price is realized, $BTC will continue its Halloween performance in previous years and break records in 2024. Bitcoin, which was traded at $34,500 in 2023, is estimated to exceed this price by 115 percent in 2024 and reach $73,977.
This positive expectation also coincides with the fact that many financial experts set the $70,000 level as the minimum target for Bitcoin by the end of October. Leading experts think that the ‘Uptober’ rally, in which Bitcoin gains value every October, will be repeated this year.
🚨🚨 $𝗣𝗘𝗣𝗘 /𝗨𝗦𝗗𝗧 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 🚨🚨
Pepe ( $PEPE ) is currently trading at $0.00001022 USDT, down 1.06% on the day. As expected with meme coins, price movements have been erratic, but a closer look at the technical indicators offers insight into where PEPE might head next.
Key Observations:
24h Range:
The price has fluctuated between $0.00001010 and $0.00001067 USDT over the last 24 hours, showing small but frequent volatility.
KD Indicator:
The K-value sits at 49.91, close to neutral, while the D-value is at 41.08, suggesting PEPE is neither overbought nor oversold. However, the J-value at 67.56 indicates a potential bullish push could be building momentum.
Key Levels to Watch:
Resistance:
Strong resistance lies at $0.00001067 USDT, the 24-hour high. A breakout above this level could propel PEPE toward $0.00001071 USDT.
Support:
On the downside, the crucial support level is at $0.00001010 USDT. If this is breached, PEPE could test the psychological barrier at $0.00001000 USDT.
Bearish Scenario:
If the price breaks below $0.00001010 USDT, there’s a real risk of testing $0.00001000 USDT support. Should this key level fail, we could see a sharper decline and a more significant sell-off.
Bullish Potential:
A breakout above $0.00001067 USDT could trigger a quick rally to $0.00001071 USDT or higher. However, for this bullish momentum to sustain, trading volume needs to pick up significantly, as current volumes are on the low side.
Conclusion:
PEPE is currently consolidating in a tight range, with the next significant move depending on whether it breaks support or resistance. The order book remains almost evenly split (49.21% Buy vs. 50.79% Sell), highlighting that the market could swing in either direction. Given the low price point and volatility, traders should exercise caution and remain vigilant of sudden market shifts.
#MemeCoinTrending #TeslaTransferBTC #BinanceLabsInvestsLombard #BTCSoarsTo68K #BNBRisesTo600
{spot}(PEPEUSDT)
$SFP is displaying notable resilience today, maintaining support at $0.58. If it resumes its upward movement, the next target will be $1.64. However, if momentum weakens, the $0.53 level will provide crucial support, with Bitcoin's ongoing bullish trend being critical for guidance in this scenario.
The previous rally produced 90% gains.
🚨🚨Bitcoin Primed for 100-200% Surge Post-2024 Election? History Points to Big Gains!🚨🚨
Could Bitcoin be gearing up for another massive rally after the 2024 U.S. election? If history is any guide, the answer could be a resounding YES! 🚀
In past election cycles, BTC has delivered huge returns. After the 2012 election, Bitcoin exploded by nearly 11,000%. The 2016 election saw an astonishing 2,800% rise, while the 2020 election followed with a solid 370% jump. With just 17 days to go before the next U.S. election, all eyes are once again on Bitcoin, with analysts predicting a potential 100-200% gain in the months following the event.
Before the Rally: Key Levels to Watch 📊
However, before Bitcoin takes off, we may see a correction. Recently touching $67,000, Bitcoin appears to be pulling back, with many experts eyeing a retracement to the key support zone around $64,476. This is a crucial level for investors to monitor.
What to Expect Next:
The short-term outlook may hint at a slight dip, but the bigger picture suggests a major post-election rally could be on the horizon. If you’ve been riding the recent uptrend, now might be the perfect time to secure profits and get ready for the next leg up.
History has shown that patience often pays off in the crypto market, and the potential for a significant Bitcoin surge after the election is real.
✅ Be sure to follow for more updates—I’ll be sharing exclusive insights and chart analysis to help you stay ahead of the game. Don’t miss out on the next big opportunity!
If you find this info valuable, hit like, retweet, and follow for more content. Let’s ride the next Bitcoin wave together!
#MemeCoinTrending #TeslaTransferBTC #USRetailSalesBoost #BinanceLabsInvestsLombard #BTCSoarsTo68K
Looking at the snapshot of cryptocurrency prices, there’s a clear downward trend across various assets. Let’s break it down for deeper insight and highlight some critical points.
Key Observations:
• Most tokens, including SUI, WLD, BONK, and BOME, are facing significant declines, ranging from -3% to over -6%.
• TRX (Tron) and XRP (Ripple) show smaller fluctuations, with TRX down by -0.44% and XRP slipping by -0.49%.
• The sharpest fall in this list is seen in BONK, with a hefty -6.16% drop.
Market Takeaways:
1. Broad Sell-Off:
A common theme across these assets indicates a broad market sell-off or investor hesitation. Prices tend to correct like this during uncertain times, so it’s critical to follow market sentiment closely.
2. Volatility Alert:
Cryptos like BONK and BOME, with high volatility, are susceptible to larger price swings. While this might scare some, volatility presents opportunities for risk-tolerant traders to find favorable entry points.
3. Moderate Declines in Leading Coins:
The smaller losses for TRX and XRP could signal resilience in more established tokens, suggesting they may recover faster once market sentiment shifts positively.
Strategic Approach:
• Stay Calm, Avoid Panic: It’s easy to be shaken by the red numbers. However, the crypto market is known for rapid rebounds. If you’re holding long-term, consider these moments as part of the journey.
• Risk vs Reward: Those with appetite for risk could potentially buy the dip on assets like BONK or WLD, but only after assessing potential support levels.
• Follow News and Trends: Stay updated on any macroeconomic factors or platform developments that could be impacting these tokens. Positive news could turn the market sentiment around quickly.
In conclusion, this is a moment of caution but also an opportunity. Understanding price movements and market conditions helps investors make more informed decisions.#BNBRisesTo600 #CanaryLitecoinETF #BTCSoarsTo68K #USRetailSalesBoost #TeslaTransferBTC
Pi coin, one of the most anticipated crypto projects, is gearing up for its mainnet launch, possibly in December 2024 or the first quarter of 2025.
Pi developers are working to transition the network to the Open Network, which will allow pioneers to convert their tokens into fiat currencies.
As part of this transition, they are focusing on two key aspects. First, they are conducting Know Your Customer verification for millions of pioneers, a process they hope will eliminate bots.
There are signs that more pioneers—or Pi miners—are joining the network to complete the verification process. In a statement on Oct. 16, the developers requested more validators to join the network and reduce the wait time.
These validators are rewarded in Pi coin, which they can eventually convert to fiat currencies.
Source: Crypto News
The blockchain-based election betting site Polymarket priced in a 60% chance of a Trump victory, breaking the 60% threshold for the first time since late July, days after President Joe Biden bowed out of the race.
Other prominent sites which allow users to wager money on the outcome of the election have similar shifts toward Trump: Betfair places a roughly 58% chance at a Trump win, Kalshi 57%, PredictIt 54% and Smarkets 58%.
Election Betting Odds, which aggregates implied betting odds across the five major markets, gives Trump a 57% chance at victory, tilting in Trump’s favor by the widest margin since July 29, up from about 48% at the end of September
Source: Forbes
#Bitcoin hit $67k 🟢
Alts are still sleeping 💤, but watch closely.
Retail attention is brewing 📈
Once retail investors flood back in, Bitcoin will likely take a breather while altcoins explode 🔥.
You’re still underestimating how bullish this can get 📊
The real bull run hasn't even started for most alts yet. When the FOMO kicks in, it's going to be a parabolic wave 🌊.
🚨 Remember:
In 2017, Bitcoin heated up first, then altcoins ran wild. History tends to rhyme.
Timing matters ⏳:
When retail comes back, Bitcoin will cool off at the top—that’s when you should be heavy into strong altcoins like ETH, Layer 1s, and De-Fi ecosystems.
🚀 Get ready, the altcoin cycle is just about to begin — and you haven’t seen anything yet! ⚡
{spot}(BTCUSDT)
Decentraland’s journey is just beginning 🌄
As the 2.0 Beta milestone approaches, Decentraland is committed to creating a vibrant digital world that is shaped by openness, ownership, creativity, and collaboration.
Read the latest White Paper to explore how the Decentraland ecosystem, technical architecture, and roadmap are paving the way for this bright future ✨
🚨 AI-Powered Tool Breaks KYC Protocols!
A new AI deepfake tool called ProKYC is taking crypto fraud to a whole new level of sophistication. It enables cybercriminals to bypass even the toughest Know Your Customer (KYC) checks on some crypto exchanges and financial platforms. According to cybersecurity firm Cato Networks, this tool is a game-changer for scammers looking to create fake identities out of thin air, making it easier than ever to open fraudulent accounts.
Forget the days of buying fake IDs off the dark web—ProKYC allows bad actors to generate AI-powered identities, complete with realistic facial animations and deepfake videos. It can pass high-level KYC processes that involve matching live webcam images to government-issued IDs like passports or driver's licenses.
🔍 How Does ProKYC Work?
ProKYC creates an AI-generated face and inserts it into a fake ID template.
It then uses a deepfake video to match the AI-generated face with the user’s real-time webcam image, allowing scammers to bypass verification processes used by major exchanges like Bybit.
It’s not just crypto exchanges at risk—payment platforms like Stripe and Revolut could also be vulnerable.
While the tech is groundbreaking for fraudsters, it’s a nightmare for exchanges trying to maintain security. Overly strict biometric systems could cause false positives, and too lax systems let scammers slip through unnoticed.
That's exactly why we need blockchain technology and proof-of-humanity! Of course Bonuz and IDSign together will solve such problems too.
Stay updated with @Mende and drop a follow for more updates!
#SCAMalerts #fraudalert #scam #fraud #kyc
The ticker symbol $DIA refers to the SPDR Dow Jones Industrial Average ETF Trust, which tracks the performance of the Dow Jones Industrial Average DJIAIt is one of the most popular ETFs for investors who want exposure to the 30 large, publicly owned companies that make up the DJIA.
This ETF is often seen as a good indicator of the overall U.S. stock market performance, especially regarding large-cap companies in traditional industries. People might invest in $DIA to gain diversified exposure to blue-chip stocks like Apple, Microsoft, or Boeing.
Is there something specific you'd like to know about $DIA, like its performance, structure, or investment strategies
🚨 XRP RIPPLE: MAJOR VICTORY OVER SEC APPROVED! $978.43 BREAKOUT ON THE HORIZON!!! - RIPPLE XRP NEWS TODAY! 🚨
Current Legal Situation:
Ripple is engaged in a significant legal battle with the SEC.
As of October 7, 2024, speculation arises that the SEC may challenge a critical court ruling regarding XRP.
Key Court Ruling:
Judge Annalisa Torres ruled that Ripple's XRP token does not qualify as a security for certain sales.
Direct sales to institutional investors were deemed violations of securities laws, while programmatic sales on public exchanges were not.
Market Resilience:
Despite ongoing legal uncertainties, XRP has shown resilience, with prices fluctuating around $0.588 recently (DailyCoin).
The potential SEC appeal could introduce significant volatility, impacting investor confidence in XRP and the broader cryptocurrency market.
CEO's Insight:
Ripple CEO Brad Garlinghouse is hopeful for a resolution soon but acknowledges the ongoing litigation is consuming considerable resources and attention.
💬 Community Engagement:
What are your thoughts on Ripple's legal battle?
Are you ready for the upcoming breakout? Let’s discuss!
$XRP
{spot}(XRPUSDT)
#TrumpDeFi #MemeCoinTrending #TeslaTransferBTC #BNBRisesTo600 #CanaryLitecoinETF
🚨🚨 BREAKING 𝙎𝙝𝙞𝙗𝙖 𝙄𝙣𝙪 𝙩𝙤 $𝟎.𝟎𝟏 🚨🚨
1. Current Status:
A 30,000% rise to $0.01 would require an enormous market cap, placing SHIB alongside global financial giants.
The current circulating supply of SHIB (hundreds of trillions) poses a significant barrier to such a price increase.
2. Challenges:
Market Cap: Reaching $0.01 would need a market cap in the trillions, surpassing even Bitcoin and Ethereum combined.
Token Supply: SHIB’s massive supply would need aggressive burns to bring the price close to $0.01.
Global Market Sensitivity: Uncertainty in broader market trends could impact SHIB's potential to rise.
3. Factors Supporting Growth:
Token Burning: Ongoing and future burning mechanisms could reduce supply and theoretically boost price, though much larger burns are required.
Shibarium: This Layer 2 solution could enhance SHIB’s utility in decentralized finance (DeFi), NFTs, and other applications, driving demand.
Adoption: Increased mainstream adoption, partnerships, and exchange listings could support price increases, though not necessarily to $0.01.
4. Conclusion:
While the $0.01 target excites the community, it remains highly speculative.
Investors should weigh potential rewards against significant risks, as the massive surge would require substantial developments in both the SHIB ecosystem and broader market conditions.
#TrumpDeFi #MemeCoinTrending #TeslaTransferBTC #BTCSoarsTo68K #BinanceLabsInvestsLombard