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At this point we are already above this long channel (not for the first time). We need to close this week above it (67k) to confirm the breakout. Confirmed breakout = ๐๐
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๐ Here's when $BTC will hit $150,000, according to analyst Bitcoin (BTC) has entered a short-term consolidation phase above the $100,000 mark. However, technical indicators and historical price movement suggest that the maiden digital asset still has the potential to add $50,000 to its value in the current cycle. Amid this potential new high, Bitcoin has shown minimal movement on the daily chart. The asset has grown by a modest 0.8% to trade at $101,600 as of press time. On the weekly chart, BTC is up almost 4%. Indeed, Bitcoin looks set to continue with the current bullish sentiment based on the technical setup. The asset is trading above its 50-day and 200-day simple moving averages (SMA), signaling bullish momentum both for the near and long term. At the same time, market sentiment is overwhelmingly bullish, supported by an โExtreme Greedโ score of 83 on the โFear & Greed Index.โ ๐ธ Bitcoinโs path to $150,000 Regarding the digital assetโs path to $150,000, this outlook is backed by the โ3 Expansion Phasesโ pattern formation, according to an analysis by trading expert TradingShot in a TradingView post on December 14. Notably, the โ3 Expansion Phasesโ refer to periods of sharp upward price movement, separated by brief consolidations, forming a repeating pattern that signals the continuation of a bullish trend. According to the pattern, Bitcoin could trade at $150,000 before the summer of 2025. TradingShot noted that Bitcoin is in its third โExpansion Phaseโ, marked by a mid-phase consolidation within the 0.382 โ 0.5 Fibonacci range on the weekly chartโa pattern previously serving as a launchpad for higher moves as momentum builds. Supporting this outlook, the one-week relative strength index (RSI) is again turning sideways, a signal that preceded surges in past cycles, suggesting room for further growth. With Bitcoin trading near $101,000 and holding above key support like the 50-week MA, TradingShot predicted the Channel Up pattern could push Bitcoin to $150,000 before summer. #BTC #Bitcoin
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๐ฅ What Coins Does Donald Trump's Company Buy? Yesterday, Trump's company, World Liberty Financial, swapped 5 million USDC for Ethereum, increasing its total ETH holdings to $55 million. ๐ผ Chainlink and Aave tokens were also purchased , due to which the company's wallet now contains $1 million in LINK and AAVE. #LINK #AAVE #ETH
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๐ต Ethereum ($ETH ) Price Could Break $5,000, Says Leading Crypto Analytics Firm A prominent blockchain analytics platform known for its institutional-grade cryptocurrency market analysis, has suggested Ethereum (ETH) could surpass the $5,000 mark based on its proprietary price band analysis. The South Korea-based firm, which provides> ๐ฌ ETH could break above $5k as demand and supply dynamics strengthen.The realized price upper band, currently at $5.2k, matches the level seen during the 2021 bull run peak, signaling strong potential for further growth. โ CryptoQuant.com (@cryptoquant_com) December 13, 2024 The price action in Ethereum tells a compelling story of volatility and resilience throughout 2024. The year-to-date chart shows ETH has navigated several significant price swings, with the most notable surge occurring in late November when the cryptocurrency broke above the $3,500 level. Looking at todayโs trading (Dec. 13), Ethereum is exhibiting characteristic intraday volatility around the $3,920 mark. After reaching a peak near $3,965 during the mid-afternoon trading session, the price has settled into a narrower range between $3,910 and $3,925. This consolidation follows a broader upward movement that began in the early morning hours when the price found support at $3,870. The current price level represents a significant recovery from the mid-summer lows when Ethereum briefly traded below $2,500, and the yearly chart demonstrates that despite periodic pullbacks, Ethereum has maintained an overall upward trajectory, particularly in the fourth quarter of 2024. #ETH #Ethereum #ETF
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๐ $AAVE Price Set to Hit $430? Trump-Linked Project Invests Again Aave (AAVE) has been garnering significant attention from both investors and institutions following its impressive performance. Amid this rising interest, the Trump familyโs crypto project, World Liberty, has once again made a notable investment in AAVE. ๐ธ World Liberty Investment in AAVE On December 14, 2024, a blockchain social media platform shared a report that World Liberty spent 662,630 USDC to buy 1,842.532 AAVE through Cow Protocol. With this, World Libertyโs total holdings have soared to 5,886 AAVE, worth nearly $2.27 million. ๐ฌ The Trump family crypto project World Liberty spent 662,630 USDC to purchase 1,842.632 AAVE through Cow Protocol from 23:51 on December 13 to 2:57 UTC+8 the next day. Currently, World Liberty holds a total of 5,886 AAVE, worth approximately $2.27 million.โ Wu Blockchain (@WuBlockchain) December 14, 2024 However, this is the third notable purchase the Trump family crypto project has made in the past three days. It started on December 12, when they invested 1 million USDC in AAVE. On December 13, they invested 246,722 USDC to buy AAVE, and now they have spent 666,630 USDC. This recent investment in AAVE has led to a significant 30% price surge over the past three days. Moreover, the investment has the potential to further propel AAVE prices, similar to the upward momentum the community has witnessed recently. According to expert technical analysis, AAVE appears bullish and has strong support from investors. There is a strong possibility it could soar by 12% to reach the next resistance level of $430 in the coming days. ๐ธ Current Price Momentum Currently, AAVE is trading near $380 and has experienced a price surge of over 1.1% in the past 24 hours. However, during the same period, its trading volume dropped by 40%, indicating a decrease in interest from traders and investors compared to the previous day. #AAVE
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๐ฅ Hereโs How Much You Will Earn on Holding 100M Shiba Inu if SHIB Hits $0.0001, $0.001, $0.01, $0.1, or $1 With Shiba Inu projected to reach unprecedented levels in the future, here is how much 100 million SHIB will be worth if the token hits certain ambitious price levels. Shiba Inu is currently trading above the $0.00003 mark after experiencing a surge of 16% in the first week of December. Despite the latest surge, several market watchers believe the meme-based token is preparing for a major rally to unprecedented levels. Notably, most of these experts have set different targets for Shiba Inu, varying from modest to highly ambitious. The price targets include $0.0001, $0.001, $0.01, $0.1, and $1. With Shiba Inu trading at $0.00003128, several market observers believe the current price offers an opportunity for investors to acquire SHIB at a cheaper rate in anticipation of the projected targets. ๐ธ Value of 100M SHIB at $0.0001 For instance, at the current price of $0.00003128, it costs about $3,128 to purchase 100 million Shiba Inu tokens. These 100 million Shiba Inu tokens will spike tremendously in value if SHIB hits any of the aforementioned targets. Reaching the $0.0001 price would mark a new all-time high (ATH) for Shiba Inu. This target is 13.05% above the previous ATH of $0.00008845, set in October 2021. Also, Shiba Inu must surge by 219.69% from the current price of $0.00003128 to reach the $0.0001 target. Analysts at Forbes speculate that Shiba Inu could clinch the $0.0001 target before the end of next year. If SHIB achieves this milestone, a portfolio containing 100 million Shiba Inu tokens will be worth $10,000, representing a return of $6,872. ๐ธ 100M SHIB at $0.001 Meanwhile, to reach the $0.001 target, Shiba Inu must surge by 3,096% from the current price. According to Changelly analysts, the $0.001 target could become a reality for Shiba Inu by 2033, with $0.0011 set as the maximum price target by then. #SHIB
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