Bitcoin bull run could continue for 200 days before possible US recession – Report
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Bitcoin’s current market cycle indicates a potential peak in about 200 days, coinciding with forecasts of a possible US recession by mid-2025. According to recent research from Copper.co, this alignment emerges as Bitcoin reaches day 554 of its cycle.
Historically, Bitcoin’s market cycles average 756 days from the point when the annual average growth of its market capitalization turns positive until it hits a price peak. Copper.co assesses that the present cycle began around mid-2023, shortly before BlackRock filed for a Bitcoin exchange-traded fund. Bitcoin could peak around mid-2025, approximately 200 days from now, if the pattern holds.
Copper.co uses JPMorgan’s estimate of a 45% chance of a US recession occurring in the second half of 2025 to showcase a potential overlap of Bitcoin’s peak with economic downturn predictions, adding a layer of complexity to market expectations. Investors may find this intersection significant when considering portfolio strategies amid macroeconomic uncertainties.
Realized volatility for Bitcoin currently stands at 50%, reflecting the standard deviation of returns from the market’s mean return. Implied volatility, which gauges market expectations for future volatility, recently hit its highest level of the year. This suggests ongoing market turbulence as 2025 approaches, with a possible bullish undertone influencing trading behaviors.
Bitcoin’s Relative Strength Index (RSI) is at 60, significantly lower than previous bull market highs. Copper.co’s report highlights that by extending the RSI’s look-back period to four years—a timeframe that reduces short-term noise—the indicator shows substantial room for growth.
#BTC #BULLRUN24 #Bitcoin #Cryptonews
Sui ($SUI) Price Prediction for 2024-2030
Sui ($SUI) has the potential to be a strong investment, particularly if market conditions and investor sentiment align favorably in 2024. The bullish price forecast for Sui in 2024 is projected at $4.5918, while the bearish estimate stands at $0.7467.
Should market momentum and investor sentiment see a positive boost, Sui could potentially reach up to $8. Additionally, with ongoing upgrades and advancements within the Sui ecosystem, there is a possibility for SUI to exceed its current all-time high (ATH) of $2.38 and set a new ATH.
#BTCBreaks80KATH #Therapydogcoin
$SUN
{spot}(SUNUSDT)
{future}(SUNUSDT)
Moving Averages:
200-period SMA (4h Chart): Positioned around 0.01849, while the current price is approximately 0.01989. The price is slightly above the 200 SMA, which suggests mild bullish momentum, but any dip below this level could indicate a bearish reversal in the short term.
Relative Strength Index (RSI):
Current RSI (4h Chart): 56.81, which is in a neutral range. This indicates balanced pressure between buyers and sellers, with neither overbought nor oversold conditions. If RSI moves higher, it may confirm potential bullish momentum.
Moving Average Convergence Divergence (MACD):
MACD Line: -0.00001Signal Line: 0.00041Status: The MACD line is slightly below the signal line, which indicates mild bearish pressure. However, the minimal difference between the lines suggests a consolidation phase, and the trend direction could shift if momentum increases.
Support and Resistance Levels:
Immediate Resistance: Around 0.02000, acting as psychological resistance near recent highs. If the price breaks above this level, it may trigger further bullish momentum.Local Support: Near 0.01849 (aligned with the 200 SMA), which could act as a key support level if the price approaches it, potentially preventing further downside.
Bullish/Bearish Scenarios:
Bullish Scenario:
Bounce from 200 SMA (0.01849): If the price holds above the 200 SMA and RSI moves toward overbought, there is potential for a bullish breakout.
Bearish Scenario:
Break Below 200 SMA: If the price dips below 0.01849 and selling momentum strengthens, it could trigger further downside.
The 15-minute chart for $MBL /USDT currently shows strong bullish momentum, with the price at 0.003227.
The asset recently surged, marking a 14.92% increase, indicating significant buying pressure.
Key resistance is positioned at 0.003362, with immediate support around 0.002973, setting the boundaries for potential price movements.
For traders looking to capitalize on this momentum, an entry point around 0.003220 could be favorable if MBL sustains its upward trend above support.
To capture gains incrementally, consider take-profit targets at closely placed levels: TP1 at 0.003280, TP2 at 0.003320, and TP3 at 0.003360. A stop-loss at 0.003150 would help manage downside risk, protecting against any sudden reversal.
Keeping an eye on volume and market sentiment will be crucial as a spike in buying could push MBL further toward resistance, signaling continued bullish activity.
#BBCeDeFi #cryptomarketcapATH
{spot}(MBLUSDT)
72-Hour Alert: Shiba Inu ($SHIB) Poised for Significant Market Movement – Stay Prepared! 🚨
Shiba Inu ($SHIB) has been making headlines with notable price movements and increased trading volume. Following an impressive 50% rally last week, a subsequent pullback on Coinbase—potentially influenced by liquidity shifts—was quickly met with a strong rebound, highlighting the token's resilience and market interest.
This activity is not mere market fluctuation but is closely tied to significant developments within the $SHIB ecosystem. The introduction of Shibarium, a layer-2 solution aimed at enhancing transaction speed and reducing fees, alongside an accelerated token burn rate, has caught the attention of large investors who are seeking optimal entry points.
The upcoming 72 hours will be pivotal for $SHIB holders. Will the market witness another surge or a change in direction? Stay attentive as the situation unfolds and prepare for potential significant movements.
#Therapydogcoin #BTC79K
{spot}(SHIBUSDT)
$WLD
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{future}(WLDUSDT)
Moving Averages:200-period SMA (15m Chart): Positioned around 2.321, while the current price is approximately 2.373. The price is slightly above the 200 SMA, which suggests mild bullish momentum, but any further dip below this level could indicate a bearish reversal in the short term.
Relative Strength Index (RSI):Current RSI (15m Chart): 29.92, which is in the oversold range. This indicates increased selling pressure and may signal a potential rebound if buyers step in at this level.Moving Average Convergence
Divergence (MACD):MACD Line: -0.011Signal Line: -0.059Status: The MACD line is below the signal line, which indicates a bearish trend. The strong downward momentum on the MACD histogram suggests that the current downtrend may continue if no strong support is found.
Support and Resistance Levels:
Immediate Resistance: Around 2.400, which is near recent highs, acting as resistance if the price tries to recover.Local Support: Near 2.321 (aligned with the 200 SMA), which could act as a key support level if the price approaches it.
Bullish/Bearish Scenarios:Bullish Scenario:Bounce from 2.321 (200 SMA): If the price finds support at the 200 SMA and RSI remains oversold, there could be a short-term recovery.
Bearish Scenario:Break Below 2.321: If the price breaks below the 200 SMA and selling momentum persists, it could trigger further downside.
⚡️ @EspressoSys kicks off its Mainnet 0 with the next phases planned for 2025
Espresso has rolled out the Mainnet 0 phase of its global confirmation layer that enables faster bridging, decentralized and shared sequencing, and low-cost data availability for rollups. Moreover, the firm has disclosed its plans to release the next mainnet phases in 2025, featuring the integration of Arbitrum Nitro and network upgrade to PoS, among other features. Earlier in 2022 and 2024, Espresso raised $60M from @a16zcrypto, @0xPolygon, @Taikoxyz, @StarkWareLtd, and others.
👉
🚀 Bitcoin's on a wild ride, folks! With prices soaring past $85,000, the crypto community is buzzing with "extreme greed" vibes. But hold your horses, as experts warn of a potential cool-down before the next big leap. Remember April? A similar sentiment led to an 18% dip. 📉
Kris Marszalek from Crypto.com suggests a little spring cleaning of leverage before aiming for the $100k milestone. Meanwhile, Donald Trump's presidential win might just be the secret sauce for Bitcoin's continued ascent.
What do you think? Will Bitcoin hit $100k before New Year's? Drop your thoughts below!
🚀 Animoca Brands, a Hong Kong-based firm, has secured an extra $10M to boost its web3 platform, Mocaverse! This funding is part of a larger $41.8M raise, backed by big names like OKX Ventures and Republic Crypto.
🔍 Mocaverse, a unique NFT collection, aims to drive web3 mass adoption and interoperability. Co-founder Yat Siu is excited about bringing the web3 ethos to life, promoting decentralization and shared network effects.
💬 What do you think about Animoca's mission to onboard millions into crypto? Share your thoughts in the comments!
🚀 Bitcoin hits a new ATH of $82,000+, fueled by election excitement! With a market cap of $1.45 trillion, institutional interest is growing. Solana and Dogecoin are also showing positive signals. Solana surged to $211, but mixed technicals suggest caution. Dogecoin is eyeing a breakout, with strong institutional backing. Meanwhile, Intel Markets is empowering investors with AI-driven insights, offering real-time data and advanced trading tools. Will Solana and Dogecoin follow Bitcoin's lead? Share your thoughts in the comments! 💬
Bitcoin is on fire! 🔥 BTC hit an all-time high of $89,956, skyrocketing 26% this week! 🚀
Not just BTC, the memecoin mania is real! Dogecoin, Shiba Inu, and Pepe are breaking records too! 📈
Feeling bullish? Share your thoughts and predictions in the comments! Let's get the crypto convo going! 💬 #BTC #Memecoins #CryptoRally
Bullish Pattern Hints at 93% Gain Ahead
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Floki Inu’s recent bullish pattern hints at a 93% potential gain.FLOKI’s performance is boosted by declining Bitcoin dominance, sparking memecoin interest.
Floki Inu (FLOKI) is fast getting attention as it exhibits outstanding strength, pointing to a probable new peak in its current bullish cycle.
Following a strong breakout, FLOKI’s price movement has been under focus in recent analysis published by prominent crypto analyst Javon Marks, maybe starting the next wave in an already outstanding bull run. Marks pointed out the possibility for an over 47% increase, bringing the token beyond $0.00027614, a level that, should it be crossed, might open the path for more gains up to 93%.
Floki Inu: Rising Market Cap and Volume Highlight Explosive Growth Momentum
Meanwhile, FLOKI is swapped hand at about $0.0001934 at the time of writing; over the last 24 hours, it shows an 8.59% growth; over the 7 week, it shows an amazing 57% increase.
With this performance, FLOKI’s market value has increased above $1.8 billion, therefore securing its ranking among the top 15 gainers in the top 100 cryptocurrencies. A new all-time high is within sight, driven in both memecoin and altcoin rallies by the declining dominance of Bitcoin as a vital component.
Beside that, recent CoinGlass data emphasizes even more FLOKI’s explosive pace. While open interest grew by 5.61% to $29.47 million, trading volume has climbed by 20.73% to $330.62 million. For FLOKI, OKX, Binance, and CoinEx have witnessed the greatest trading volumes—$208.17 million, $41.86 million, and $40.56 million, respectively.
#Flokiinu #Floki #Memecoins #Cryptonews
$XRP
{spot}(XRPUSDT)
{future}(XRPUSDT)
Moving Averages:200-period SMA (15m Chart): Positioned around 0.6013, while the current price is approximately 0.6405. The price is above the 200 SMA, indicating a bullish trend in the short term, with the 200 SMA acting as support if the price retraces.
Relative Strength Index (RSI):Current RSI (15m Chart): 51.60, which is in the neutral range. This suggests balanced market conditions, with room for movement in either direction without indicating overbought or oversold conditions.
Moving Average Convergence Divergence (MACD):MACD Line: 0.0072Signal Line: 0.0057Status: The MACD line is above the signal line, indicating bullish momentum. However, the momentum appears to be waning slightly, as seen by the decreasing MACD histogram bars, which may signal consolidation.
Support and Resistance Levels:
Immediate Resistance: Around 0.6600, based on recent price highs, which may act as a resistance level if the price attempts another upward movement.Local Support: Near 0.6013 (aligned with the 200 SMA), which could provide a strong support level if the price moves downward.
Bullish/Bearish Scenarios:Bullish Scenario:Break Above 0.6600: If the price can break and hold above 0.6600 with strong volume, this could signal a continuation of the uptrend.
Bearish Scenario:Pullback to 0.6013: If the price faces resistance at 0.6600 and the MACD momentum weakens, a pullback to the support level at the 200 SMA (0.6013) could occur.
🚨 Market Alert: High Volatility! 🚨
Today’s action in #BTC is a clear reminder to manage risk carefully. Earlier, Bitcoin surged past $90K, only to dip below $86K shortly after, showing just how intense market fluctuations can be. With this level of movement, a breakout above $90K seems likely soon. 📈
Stay sharp, adjust your positions, and keep risk management at the forefront!
#WillBTCBreak100KSoon #cryptomarketcapATH #BTCBreaks89k
The 15-minute chart for $ACT /USDT reflects strong bullish sentiment, with the price at 0.5402, marking a 25.77% increase.
The resistance level is positioned at 0.5683, while support is observed around 0.4887, defining a key range for potential price movement.
A favorable entry for a long position could be around 0.5400 if ACT maintains its upward trend above support.
To secure gains, traders might set closely spaced take-profit levels: TP1 at 0.5500, TP2 at 0.5600, and TP3 at 0.5680. A stop-loss at 0.5300 would help mitigate risks in case of a pullback.
Keeping an eye on trading volume is essential, as increased buying interest could propel the price toward resistance, potentially triggering a breakout if momentum sustains.
#WillBTCBreak100KSoon #cryptomarketcapATH
{spot}(ACTUSDT)
The 15-minute chart for $BONK /USDT reveals an intriguing opportunity, with the current price at 0.00003088, signaling potential upward movement if momentum holds.
A significant resistance level is observed at 0.00003136, while a key support level lies around 0.00002801, creating a clear range for potential price action.
For those looking to enter a position, a suitable entry point could be near 0.00003080, aligning with the current trend if it maintains above the support.
Targeting closely spaced profit levels may optimize gains with minimal volatility: TP1 at 0.00003100, TP2 at 0.00003120, and TP3 at 0.00003140.
To manage downside risk, a stop-loss around 0.00003000 would help protect the trade in case of reversal.
Traders should keep an eye on buying volume, as a spike could drive the price toward the resistance level and beyond, pushing BONK to test new highs within this time frame.
#BBCeDeFi #BTCBreaks89k
{spot}(BONKUSDT)
$MTL
{spot}(MTLUSDT)
{future}(MTLUSDT)
Moving Averages:200-period SMA (15m Chart): Positioned around 1.074, while the current price is approximately 1.145. The price above the 200 SMA indicates a bullish trend in the short term, with the 200 SMA acting as a strong support level if the price retraces.
Relative Strength Index (RSI):Current RSI (15m Chart): 47.42, which is in the neutral range. This level suggests a balanced market with no immediate overbought or oversold conditions, allowing room for movement in either direction based on market sentiment.
Moving Average Convergence Divergence (MACD):MACD Line: -0.003Signal Line: -0.004Status: The MACD line is below the signal line, indicating slight bearish momentum. This suggests that the price might experience a brief downtrend or consolidation, especially if volume fails to pick up.
Support and Resistance Levels:Immediate Resistance: Around 1.180, which could act as a resistance level if the price attempts another upward movement.Local Support: Near 1.074 (aligned with the 200 SMA), which serves as a strong support level if the price moves downward.
Bullish/Bearish Scenarios:
Bullish Scenario:Break Above 1.180: If the price can overcome the resistance at 1.180 with increased volume and bullish momentum, this could indicate a continuation of the uptrend.
Bearish Scenario:Pullback to 1.074: If the bearish MACD persists and the price faces resistance at 1.180, a pullback to the 200 SMA at 1.074 could occur.
Analyst Says Dogecoin Price Could Explode 4,500% To $18 From Here If This Happens
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Crypto analyst Ali Martinez predicted that the Dogecoin price could rally significantly, leading to double figures for DOGE. This comes as the crypto market continues to trend upward, with Dogecoin standing out as one of the top gainers.
Dogecoin Price To Explode And Reach $18
In an X post, Martinez predicted that the Dogecoin price could explode by 4,500% and rally to $18. He stated that this will happen through a test of the middle or upper boundary of the channel, which puts the DOGE target at $2.40 or $18. Dogecoin will need to test the upper boundary to reach the $18 target, while only a test of the middle boundary will put the price at $2.40.
In an earlier X post, Ali Martinez offered a more bullish outlook for the Dogecoin price. He predicted that the foremost meme coin could rise to as high as $23.26 in this bull run. He claimed that Dogecoin was about to go “parabolic” and cited historical patterns to prove why such a parabolic rally could happen.
Based on historical patterns, the analyst stated that a potential top might lie between 1.618 and 2.272 Fibonacci levels, which would put the Dogecoin price between $3.95 and $23.26. Martinez also alluded to Elon Musk’s impact on Dogecoin when he previously stated that DOGE could reach $23 in this market cycle.
The Dogecoin price has been on a massive bull run since Donald Trump won the elections, partly because of Elon Musk’s proposed Department of Government Efficiency (D.O.G.E), which would positively impact the meme coin. For context, the Doogecoin is up 139% since Trump’s victory.
#DOGE #Dogecoin #Memecoin #CryptoNews
🚀📈 Volumen de trading de ETF de Bitcoin, Coinbase y MicroStrategy alcanza los 38,000 millones de dólares
El volumen diario combinado de operaciones de acciones de MicroStrategy, Coinbase y ETF de Bitcoin alcanzó los USD 38 mil millones mientras que Bitcoin superó los USD 89,000.
La subida del 11% de Bitcoin hasta los USD 89,500 el 11 de noviembre ha impulsado a los fondos cotizados en bolsa (ETF) de Bitcoin al contado de Estados Unidos, MicroStrategy Inc (MSTR) y Coinbase Global Inc (COIN) a un récord de USD 38,000 millones en volumen de operaciones diarias combinadas.
El récord diario superó con creces el máximo anterior, de unos USD 25 millones, establecido en marzo, cuando el Bitcoin BTC superó un máximo de cotización alcanzado hace tiempo, según datos de Bloomberg Intelligence citados por Eric Balchunas, analista de ETF de Bloomberg.
"Se están estableciendo récords de por vida por todas partes", dijo Balchunas. Señaló que sólo el ETF iShares Bitcoin Trust (IBIT) de BlackRock registró un volumen de negociación récord de USD 4,500 millones.
"Esto apunta a una sólida semana de entradas. Ha sido un día de locos, realmente merece un nombre como Volmageddon", añadió.
#BitcoinPrediction #bitcoinhoy #BTC🔥🔥🔥🔥🔥 #MarketDownturn #BTC80K
$BTC
{spot}(BTCUSDT)
Hey All! Literally yesterdays post happened! $BTC went to 88K almost 90K before we corrected. Blue skies ahead, but remember corrections are normal in a bull market, honestly cannot predict much on where we bounce, but we probably could correct all the way to 80K, or who knows we might not even correct. Whatever happens enjoy the ride yall, it's gonna be a good one!
#MicrosoftBitcoinRejection #BTC☀
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