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Analyst Who Called 2021 Crash Predicts Bitcoin (BTC) End of 2024 Price. Dave the Wave, a seasoned trader with a proven track record, has shared his insights on Bitcoin’s (BTC) price movement. With a following of 145,000 on social media, he posted a chart indicating that BTC is trading within a range of $54,000 to $74,000. Dave the Wave notes that while Bitcoin’s current price may seem stagnant, it has been holding steady at an all-time high for an extended period. This stability is significant, as it indicates a balance between selling and buying pressure. The lack of a parabolic spike is also seen as a positive sign, suggesting a more sustainable price advance without the risk of a post-parabolic collapse. The current price range has provided relative macro stability to the market, allowing for a more technical advance in price. Technical Analysis and Price Targets The trader’s chart reveals that Bitcoin’s recent correction into the $50,000 range could be beneficial for the cryptocurrency’s long-term growth. He predicts 400% rally toward his bull market price target of $220,000 by the end of 2025. This optimism is based on his technical analysis, which highlights the importance of the current price range and the intersecting diagonal support. Dave the Wave’s analysis also takes into account historical price movements and market trends, providing a comprehensive understanding of the potential price action. The cryptocurrency market is known for its unpredictability, and investors should be prepared for price swings. The analysis offers valuable insights into Bitcoin’s price movement and potential end-of-year performance. His technical expertise and historical context provide a comprehensive understanding of the market. While short-term fluctuations may occur, his predictions suggest a promising outlook for Bitcoin’s long-term growth. However, his analysis suggests that by the end of 2024, this range will intersect with long-term diagonal support, potentially propelling the price upward before 2025. Bitcoin’s Current Price Range and Historical Context
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Bitcoin Faces Volatility but Shows Signs of Recovery. Bitcoin has experienced a rocky start to August, dropping over 14% due to various macroeconomic issues, including Japan's interest rate hike, worsening U.S. employment data. Bitcoin has experienced a rocky start to August, dropping over 14% due to various macroeconomic issues, including Japan's interest rate hike, worsening U.S. employment data, and geopolitical tensions in the Middle East. The dip below $50,000 on August 5 led to significant liquidations, wiping out over $500 billion from the crypto market. However, Bitcoin has since bounced back, reclaiming $56,000 after finding support around $54,000, marking a 2.5% increase in the last 24 hours. This recovery has sparked optimism among analysts who anticipate further gains. Analysts at Kaiko observed a positive trend in the U.S. crypto exchanges, such as Coinbase, Gemini, and Kraken, where cumulative volume delta (CVD) indicated that buying volume surpassed selling. While offshore exchanges like Binance and OKX saw strong selling, the positive CVD on U.S. platforms suggested that some traders seized the opportunity to buy during the dip. The recent drop below $50,000 marked a 23.7% decline from Bitcoin’s opening on April 20, the day of its halving event. Veteran trader Peter Brandt compared this correction to the 2015–2017 cycle, predicting the potential for a "new bull cycle high" in the coming weeks if history repeats itself. Titan of Crypto believes Bitcoin is in its "final capitulation" phase after the recent flash crash, with projections indicating potential upside beyond $90,000.
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Yescoin: The Ultimate Free Coin Mining App on Telegram. Yescoin is a free coin mining app that is taking the world by storm. It offers not only addictive gameplay but also an innovative approach to cryptocurrency and mobile Web 3.0. Its achievement of becoming the leading FREE Telegram app for token mining has attracted millions of users to explore the exciting potential of these revolutionary technologies. Yescoin is a real coin mining Telegram app where you can mine Yescoin tokens, earn significant rewards, and learn about the mobile Web 3.0 universe. 1. Play and Earn: Introduction to Cryptocurrencies Yescoin revolves around its unique “swipe-to-earn” consensus mechanics. Players earn YesCoin tokens, a cryptocurrency native type for the Yescoin ecosystem through gameplay. These tokens are digital assets that are housed on a blockchain network, a decentralized and transparent ledger system used to manage the YesCoin ecosystem. 2. Blockchain in Action: Transparency and Security Having fairness and security of its in-game economy in mind, the Yescoin mining app leverages blockchain technology, the Web of Value. This decentralized and transparent ledger system keeps track of all transactions involving YesCoin tokens, allowing players to track their earnings and how they are being used within the game. This integration has earned the Yescoin TON App Award, the Top Pick Award, and a featured spot on the Telegram App Centre in the Apps season. To enhance security and user trust, players can now connect Ton Wallet with their account. 3. Building a Web 3.0 Community: A core principle of Web 3.0 is to create a sense of ownership and community. Yescoin gives it all with its thriving community of over 10 million players across 218 countries. 4. Learning Through Play: An Engaging Approach With Yescoin, you can mine tokens on telegram while learning through an interesting process like swipe-to-earn and competing with others. This approach simplifies complex topics like cryptocurrency and blockchain making it more accessible for everyone.
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👀 When? When? When is the listing? 👀 💥 The long-awaited event is almost here! 🌟 The $AVACN token listing will happen on July 30th! Hooray! 🏆 We are conducting all the necessary preparations with the exchanges and will soon share the list with you, along with the necessary steps to receive $AVACN tokens. 💰 Additionally, we will soon launch new contests with the BIGGEST prize pools in $AVACN tokens! 🚀 Don't miss your chance to participate and get as many tokens as possible before the listing!
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