⚠️Good day, BTC analysis and everything about it⚠️
$BTC $BTC $ETH If the rally continues above these levels, the following targets will become relevant this week: - 82 250 - 82 950 (main) - 85 500 - 90 700 (goal of the month, you can call it "bing") ➡️ I assume the immediate target is to reach 100,000 before a possible significant pause, considering it as part of the medium-term forecast. This is unlikely to be achieved this week, but it would be great if it happened. 🌚🌝 In general, such levels can be achieved on a weekly or three-week chart (I will tell you more in the video) before the correction and subsequent growth in 2025, but these are global forecasts, it is not worth going into details now. For now, I designate this as a working plan.
⚠️Good time, Analysis of BTC and everything about it⚠️
$BTC The main news of the day: Donald Trump has become president of the USA again. As I mentioned earlier, it didn't make a principled difference to me who would become president, as both candidates expressed commitment to digital assets in a populist manner, and this will not change the global picture. But since many of you were waiting for this event, I inform those who are not yet aware.
Dogecoin explodes 150% as sharks and whales return Description: On-chain data shows that the number of Dogecoin addresses ($DOGE ) holding between 100,000 and 1,000,000 coins, classified as whales and sharks, has increased in recent days. The number of addresses holding between one and 10 coins, which are likely to be small retail investors, has also increased, but the number of these large investors has declined over the past month. The price of Dogecoin has risen 21% in the past 24 hours to $0.383, helped by the return of these large investors.
**What is Sui Network (SUI): The Complete Guide to Blockchain in 2024**
$SUI
is a layer 1 blockchain designed to provide high speed and low latency in transaction processing, making it a great solution for real-time applications. Such applications include online gaming, decentralized finance (DeFi), and other innovative services that require instant response. This network was launched in May 2023 and is designed to efficiently process many transactions at once, which significantly reduces the load and increases throughput. Sui's throughput reaches almost 300,000 transactions per second.
One of the key features of Sui is the use of the language .
The system uses the native SUI token for transaction fees and network governance. The total token supply is fixed at 10 billion units. Since its launch, Sui has attracted the attention of developers and users, and its ecosystem continues to develop, which contributes to the growing popularity of the protocol in the crypto community.
**Short-Term Bitcoin Holders Transfer Millions to Binance — Is a Market Correction Possible?** $BTC
Recent data shows that short-term investors are actively transferring large amounts of Bitcoin to crypto exchanges, especially Binance. This may indicate an intention to profit from short-term price fluctuations, which in turn could put pressure on the market. CryptoQuant expert Joao Wedson notes that the significant concentration of Bitcoin deposits on one platform requires careful monitoring, as it can affect liquidity, price stability, and cause sharp price movements. Another CryptoQuant analyst, under the pseudonym “caueconomy”, points to the recent increase in open interest in Bitcoin, which has increased by more than $16 billion in the last week. This factor may increase the likelihood of a short-term correction, although strong market fundamentals may provide attractive buying opportunities.
Operation analysis: Currently, large investors are actively buying this memecoin, counting on its growth, while uncertainty remains among small market participants. From a technical point of view, the coin looks promising for further growth. I am confident in the success of the deal and calmly await its implementation.
**Market Analysis for November 11: SPX, DXY, BTC, ETH, SOL, BNB, DOGE, XRP, ADA, TON** $BTC
On November 10, Bitcoin (BTC) surpassed the $84,500 mark, which attracted the attention of analysts who were divided in their forecasts: will its growth continue or will the cryptocurrency correct some of its profits. Famous trader Peter Brandt said that BTC could reach $125,000 by the end of 2024. The S&P 500 index continues to grow, finding support at 5879 and breaking through resistance levels at 6221 and 6500.
The US Dollar Index (DXY) is also showing growth, with support at 104.80 and the 20-day EMA at 104.05. Resistance levels are 106 and 106.50. Ethereum (ETH) faces resistance at $3,250 and $3,500, while support is located at $2,850 and $2,700.
Solana (SOL) has resistance at $260, with support at $210 and $180. For Dogecoin (DOGE), key levels are resistance at $0.34 and support at $0.26 and $0.23. XRP shows resistance at $0.64, while support is at the 20-day EMA ($0.54) and $0.41. Cardano (ADA) has resistance at $0.66, while support is located at $0.38.
Bitcoin ($BTC ) hit a new record, breaking the $85,000 mark, leading to a significant increase in liquidations, which reached $650 million. Over the past 24 hours, $DOGE gained 25%, returning above $0.3 for the first time in three years. Shiba Inu ($SHIB ) also showed impressive growth, increasing its price by 9% in the past hour to approach $0.000030. These positive changes attracted the attention of investors, contributing to the growing interest in cryptocurrencies. The rally was accelerated by the news that MicroStrategy acquired $2 billion worth of Bitcoin.
Operation analysis: Currently, large investors are actively buying this memecoin, counting on its growth, while uncertainty remains among small market participants. From a technical point of view, the coin looks promising for further growth. I am confident in the success of the deal and calmly await its implementation.
Cathie Wood expressed support for easing SEC oversight, while Elon Musk advocated for the dissolution of the Federal Reserve $BTC $ETH After the change in leadership, the cryptocurrency industry has high hopes for positive changes from the new government. Cathie Wood, CEO of ARK Invest, predicts significant growth in investments in cryptocurrencies and innovative technologies. She is confident that regulation from the SEC and FTC will become more lenient, creating favorable conditions for the industry's development. Wood suggests that easing oversight, reducing government intervention, lowering taxes, and focusing on technological innovations will stimulate the U.S. economy. However, this approach has not been without criticism. Elon Musk, a well-known supporter of Donald Trump, proposed radical measures, including the dissolution of the Federal Reserve. #криптовалюта #биткоин #США #bitcoin #новости
**Reasons for the 25% increase in Shiba Inu price* $SHIB $DOGE Shiba Inu (SHIB) jumped by 25.5% in the last 24 hours, reaching its highest level since June. This occurred against the backdrop of a general rise in the cryptocurrency market, triggered by the results of the U.S. presidential elections. Inspired by the growth, Dogecoin (DOGE) also saw an impressive increase of 20%, hitting a three-year record. These two cryptocurrencies have become leaders among meme coins, continuing to attract investors focused on quick profits and high risk.
Additionally, there has been a 60% increase in the SHIB burn rate over the last 24 hours, contributing to a reduction in the total supply of tokens. Furthermore, the Shiba Inu team is actively working on developing the ecosystem, launching several new initiatives, including Shibarium. However, investors should be aware of the risks associated with trading such highly volatile assets. #криптовалюта #биткоин #США #bitcoin #новости
**How Cardano (ADA) Can Help Hoskinson in Shaping US Crypto Policy** $ADA $BTC The native token of Cardano, ADA, has shown impressive growth, increasing by 44% in one day and reaching a price of $0.63, while its value has risen by 90% over the past week. This growth followed a statement by Charles Hoskinson, the founder of IOHK, about his intention to collaborate with the administration of former President Trump to develop cryptocurrency regulatory policy in the US.
Forecasts from the AI chatbot Perplexity indicate potential short-term growth to $1 by 2025 and long-term growth to $3.4 by 2027, thanks to the expected increase in the number of DeFi applications and users, as well as the implementation of clearer regulations. An important factor for sustainable growth will be the successful adoption of regulations and the overall development of the crypto market.
Ripple (XRP) increased by 10%, but Dogecoin (DOGE) changed the position. $DOGE $XRP XRP has risen by 10% in the last 24 hours and is currently trading above $0.6. However, despite the growth, the cryptocurrency has ceded its position as the seventh largest asset in the market to Dogecoin (DOGE), which reached a multi-year record. Over the past week, DOGE has increased by 119%, and in the last 24 hours, it gained 19%, surpassing the $0.24 mark for the first time since 2021. This allowed it to raise its market capitalization to $36 billion. Cryptocurrency experts predict the start of a "supercycle" of meme coins, which could lead to significant profits for this segment. SHIB also showed a growth of 25% and is trading above $0.000024.
$BTC $BTC Bitcoin (BTC) is not just a cryptocurrency but a real financial phenomenon that radically changes our understanding of money, transactions, and trust. Since its inception in 2009 by Satoshi Nakamoto, Bitcoin has evolved from a mysterious experiment to a recognized digital currency that attracts the interest of investors, banks, government institutions, and ordinary users worldwide.
**Bitcoin has updated its historical maximum, reaching $77,000** $BTC $ETH According to Grayscale, digital asset funds, ETFs for Ethereum have recorded a record inflow of funds since August, which is associated with the increase in the value of ETH to $2900. Key factors for this growth were the intensified interest of institutional investors and the absence of significant negative factors. Currently, Ethereum is trading at $2213, and its market capitalization is $265 billion. This year, the value of ETH has increased by 563%, significantly outperforming the 230% growth of Bitcoin.
**Ali Martinez: $DOGE may increase by hundreds of percent after the elections in the USA** Crypto analyst Ali Martinez predicts that the meme coin Dogecoin has the potential to grow by 20-100 times in the event of Donald Trump's victory in the presidential elections in the USA. According to the expert, Fibonacci levels signal key support and resistance points for DOGE, which allows for the expectation of a possible increase of up to 2,016% and 12,069%. Currently, Dogecoin is trading at around $0.1995, and its market capitalization is $29 billion. In the case of a 12-fold increase, the coin could take second place in market capitalization after Bitcoin, and if its value increases by 120 times, it would lead the entire cryptocurrency market.
### Cryptocurrency Price Analysis from November to October 9: Ethereum,$XRP , $ADA , $SOL and ### Cryptocurrency Price Analysis from November to October 9: Ethereum, XRP, ADA, SOL and DOGE #криптовалюта #биткоин #США #криптоновости #bitcoin
Last week, Ethereum showed impressive growth of 21%, allowing it to once again surpass the $3000 mark. This growth has restored optimism in the ETH ecosystem after a challenging period. XRP also demonstrated positive results, jumping above 54 cents and finishing the week with a 7% gain. Cardano had a great week, with a 22% increase that allowed the price to exceed 40 cents. Solana also pleased investors, rising by 20% and for the first time since March crossing above $200. However, Dogecoin emerged as the week's leader, with a price increase of 26%, and it seems that its growth will continue in the coming weeks.
**TRON DAO became the gold sponsor of Binance Blockchain Week in Dubai** $BTC $ETH TRON DAO, a decentralized organization focused on web decentralization using blockchain technologies, served as the gold sponsor of Binance Blockchain Week, which took place in Dubai from October 30 to 31. The event brought together leading industry experts to discuss the prospects of blockchain technology development and its impact on the global economy. Justin Sun, the founder of the TRON network, highlighted the key achievements of the platform, including record revenue growth, an innovative gasless stablecoin system, and the integration of Bitcoin L2 solutions into the TRON ecosystem. Today, the TRON network has over 268 million users, has conducted 8.8 billion transactions, and has a TVL of 15 billion dollars. Additionally, TRON holds leading positions in the volume of the USDT stablecoin on a global scale.
Bitcoin has updated its historical maximum, reaching $77,199, while Ethereum has surpassed the $3,000 mark for the first time since August.$BTC $ETH On the evening of November 9, Bitcoin recorded a record rate of $77,199, while Ethereum rose above $3,000 again, marking its highest value since August of this year. Other leading cryptocurrencies also showed significant growth: Dogecoin, Cardano, Ethereum, and Solana have increased by more than 20% over the past week. As a result, the total market capitalization of the cryptocurrency market reached $2.73 trillion, with Bitcoin's share at 59.3%. However, overnight, a liquidation increase of $229 million was recorded, of which $124 million constituted short position liquidations. http://surl.li/zjlpyn