$SOL
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$BTC $ETH

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#BTC $BTC $ETH $BNB #sol Bitcoin price eyes comeback above $40,000, traders unsure of where BTC is headed next.

Bitcoin price made a comeback above $40,000 on Thursday, eyeing gains after the recent correction.
Bitcoin’s long term holders sent over $430 million in Bitcoin to exchanges as BTC dipped below $39,000.
Santiment experts believe that it is the ideal time to take a contrarian position in Bitcoin, as volatility prevails in cryptocurrencies.
Bitcoin price suffered a setback after hitting its two year high of $48,989 on January 11. The asset dropped to its 2024 low of $38,555 on Tuesday before beginning its recovery to the psychologically important level of $40,000.

The approval of Bitcoin Spot ETFs by the Securities and Exchange Commission (SEC), ushered a volatility in crypto prices, and divided traders on their sentiment on BTC.

Santiment experts recommend taking a contrarian stance to benefit from the shifting Bitcoin price trend.

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$SOL $ETH :Chat GPT makes bold price prediction for Solana (SOL) and Ethereum (ETH) in 2024, argues Retik Finance (RETIK) will do better 💥💥💢💢💯💯❤️‍🔥❤️‍🔥

The year 2024 is shaping up to be a landmark year in the world of cryptocurrencies, with Chat GPT making bold predictions for prominent players like Solana (SOL) and Ethereum (ETH).However, the spotlight is increasingly shifting towards a rising star in the decentralized finance (DeFi) realm – Retik Finance (RETIK), which is showing potential to outperform its more established counterparts.

💣 Solana (SOL) and Ethereum (ETH): Predictions and Prospects 💣

Solana’s 2024 Trajectory:
Solana, known for its high-speed transactions and low fees, is poised for a significant recovery in 2024. Chat GPT predicts a resurgence in SOL’s value, considering its technical robustness and growing adoption.Solana’s ability to handle up to 65,000 transactions per second positions it as a preferred choice for DeFi and NFT projects. This advantage could drive SOL’s price upwards, potentially reaching the $200 mark, a significant increase from its current standing.

💣 Ethereum’s Progressive Outlook 💣

Ethereum, the leading smart contract platform, is expected to continue its dominance, especially with its upcoming Ethereum Cancun upgrade. This upgrade, anticipated to increase scalability and efficiency significantly, is likely to draw more users and developers to the platform, bolstering ETH’s price. Chat GPT foresees Ethereum potentially breaking past its previous all-time high, with a price target hovering around $5,000 by the end of 2024.While Solana and Ethereum have their strengths, Retik Finance is emerging as a formidable contender in the DeFi space. Priced attractively at $0.08, Retik Finance is not just another token in the crypto market; it’s a revolution in the DeFi ecosystem.
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Solana Price On The Verge Of A Breakout! Will SOL Price Reclaim $120 This Week?

The price then traded sideways for a while, after which the bulls jumped 15% before facing rejection at $126.52. After this, the price was constantly trading under a bearish influence and experienced a correction of over 20%.

Solana token then traded sideways in a closed range between $100 and $106.79 for the next three days. The bulls attempted a breakout but the bears overpowered the bulls, resulting in a loss of approximately 25% in a span of one week.

Despite the increased market volatility, the Solana token continues to display a neutral trend, indicating a cool-off in the buying pressure for the coin in the market. Positively, the market sentiments have recorded a bullish sentiment, highlighting a high possibility of a bullish reversal soon.

The Solana token traded in a closed range between $90 and $100 for a short period, after which the market gained bullish influence and the price broke out of the range. The SOL price recorded a jump of over 29% in valuation, following which the coin faced rejection at $116.29.

$SOL

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Crypto Analyst Says A Solana Price Will Climb To $750, Here’s When
🫡🫡❤️‍🔥🗯💥❤️‍🔥❤️‍🔥💥💢

Crypto YouTuber Jake Gagain has shared his “insane price prediction” for Solana (SOL) as he said that the crypto token will climb to $750. The crypto analyst didn’t stop there as he also provided a timeframe for when this price level would be attained.

Solana Price To Rise To $750 In 2025
Gagain said that he expects Solana to hit this price level by 2025 in an X (formerly Twitter) post. In the accompanying video, he outlined several reasons for this bullish sentiment. For the first, he alluded to the fact that the Solana network happens to be “quicker, safer, and much more affordable” than Ethereum
#Solana-SOL
#Solana/USDT
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$SOL

Bitcoin Sees Its First Ever Weekly 'Golden Cross'

Market enthusiasts call it a “golden cross,” indicating a positive shift in asset prices, and now this marker has finally appeared on the bitcoin (BTC) weekly price chart.
The 50-week simple moving average (SMA) on bitcoin has crossed over the 200-week SMA for the first time on record, confirming the golden cross. The phrase and its counterpart, “the death cross,” in which the short-duration SMA dips below the long-duration SMA, originated in Japan, per some technical analysis textbooks.

Market enthusiasts call it a “golden cross,” indicating a positive shift in asset prices, and now this marker has finally appeared on the bitcoin (BTC) weekly price chart.
The 50-week simple moving average (SMA) on bitcoin has crossed over the 200-week SMA for the first time on record, confirming the golden cross. The phrase and its counterpart, “the death cross,” in which the short-duration SMA dips below the long-duration SMA, originated in Japan, per some technical analysis textbooks.

‘None’ of Retail's Investors Are ‘Betting Against the Fed,’ eToro US CEO Says.Many traders see crossovers as forward-looking indicators, with the golden version signaling a long-term bull market ahead.
The bullish interpretation could be challenged because averages are based on past data and tends to lag prices. In other words, averages represent what happened in the past, and the first golden cross on the weekly chart is the result of bitcoin rallying over 70% to $42,700.