#Bitcoin's #Future :
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Bitcoin's trajectory is anticipated to include a notable decline to $35,000 by the end of 2024, followed by a significant surge to $100,000 by mid-2025. Understanding the underlying factors driving these fluctuations is essential for investors. Despite the short-term challenges, the long-term prospects for Bitcoin remain promising, solidifying its role as a transformative financial asset. Investors should remain informed and weigh both the potential risks and rewards in this dynamic market.
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"just remember my saying "!
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$BTC ... $ETH ... $SOL
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💥💥💥 Analyst Predicts #Xrp🔥🔥 Pump to Fib 1.618 at $27, Citing Historical Performance

XRP Price Analysis: EGRAG's Predictions Amid Market Uncertainty

Recent Performance:

- XRP has recently experienced a significant decline, dropping over 8% in three days, surpassing #Bitcoin's losses. Despite this, analyst EGRAG remains optimistic about XRP's long-term prospects.

Symmetrical Triangle Pattern:

- EGRAG's analysis highlights that XRP has been trading within a symmetrical triangle pattern on the weekly chart since early 2017. This pattern follows a previous triangle from late 2013 to early 2017, which, once broken, led to a 7,673% spike in XRP's price.

Potential Surge to $27:

- EGRAG believes XRP could experience a similar surge once it breaks out of the current triangle. If XRP were to increase by 7,673% from its current price of $0.4689, it would reach approximately $27. This target aligns with the 1.618 Fibonacci retracement level.

Consistent Predictions:

EGRAG has repeatedly forecasted a $27 target for XRP, citing various technical indicators and patterns, such as:

- A bullish crossover between the 20-day and 50-day SMAs.

- A giant cup formation on the 2-week chart.

- The third Elliott Wave pump.

Factors Influencing the Rally:

1. Increased Accumulation:

- Large XRP addresses (holding at least 1 million tokens) have surged, indicating strong buy-the-dip activity among significant investors.

2. Potential Selling Pressure:

- Contrarily, a recent deposit of over 372 million XRP to Binance could increase selling pressure, impacting the price negatively.

Current Price:

- XRP is currently trading at $0.4037. The possibility of reaching $27 hinges on substantial market demand and continued accumulation by large holders.

#CryptoTrends2024 #BinanceSquareTalks #CryptoMarkets

#Bitcoin's #BTC $95K.

👉👉👉 #chatgpt Predicts $XRP Price if SEC Lawsuit Never Happened

XRP investors missed out on the 2021 bull run as the asset only reached $1.96. Many attribute XRP's failure to reclaim its previous all-time high during the last bull season to the ongoing lawsuit against Ripple.

On December 20, 2020, the U.S. SEC filed a lawsuit against Ripple and its executives, Christian Larsen and Brad Garlinghouse, alleging a $1.3 billion unregistered securities offering through XRP. This legal action prompted U.S.-based exchanges to delist XRP temporarily, resulting in price declines.

Meanwhile, the broader #cryptocurrencymarket was entering a new bull cycle driven by #Bitcoin's third halving. However, the lawsuit constrained public access to XRP, curtailing its bullish momentum. Specifically, XRP peaked at $1.965 on April 14, 2021, while Bitcoin continued its upward trajectory for another six months until November 2021.

XRP's current price is $0.47, lower due to the SEC lawsuit. Enthusiasts recall its 75,000% surge in 2017/2018, briefly ranking it second to Bitcoin, ahead of Ethereum.

Exploring XRP's Potential Without the Lawsuit

- Considering XRP's potential price without the SEC lawsuit is speculative, but leveraging insights from ChatGPT, key factors like market sentiment, Ripple's partnerships, and historical performance were considered.

Moderate and High Growth Scenarios

- In a moderate growth scenario, assuming favorable developments and adoption without legal constraints, ChatGPT predicts XRP could increase by 50-100% from its pre-lawsuit price of approximately $0.60 in December 2020. This suggests XRP could range between $0.90 to $1.20.

- In a high-growth scenario, ChatGPT projects a 150-200% increase, potentially pushing XRP's price to $1.50 to $1.80.

Aggressive Growth Scenario

- In a bullish scenario, ChatGPT speculates XRP could rise 300-500% to reach $2.40-$3.60, nearing its 2018 high of $3.84. This potential increase from its current $0.47 price level would be substantial.

Source - thecryptobasic.com

#CryptoTrends2024 #BinanceSquareTalks

#Bitcoin's Potential Drop Below $57,000: 3 Key Outcomes

Bitcoin's fall below $57,000, following the dip under $65,000, could have significant implications:

1. 200 EMA Invalidated: The 200 EMA will lose its status as a support level, signaling a potential bearish trend and triggering further sell-offs as traders lose confidence.

2. Increased Liquidations*: Attempts to buy the dip around $56,000 could fail, leading to more stop-loss orders being triggered and accelerating the price decline.

3. Market Stalemate or Further Drop: Institutional selling may slow, causing a sideways market between $55,000 and $60,000. However, continued sell-offs could push Bitcoin down to $50,000, prolonging the bear market.

Bitcoin's near-term recovery depends heavily on institutional investor behavior. #Btc #Megadrop $BTC $ETH $BNB #altsesaon

### Are #Altcoins Primed for Major Gains? Here’s the Truth

#Bitcoin's recent downtrend and declining transaction volumes have fueled speculation about an upcoming altcoin season. Analysts, like Michael Van De Poppe, believe this could signal the end of the downtrend for altcoins, anticipating a potential capital rotation back into them. Historically, altcoins have surged by 300 to 500% after similar drops, and Poppe is optimistic about a significant rally ahead.

Notably, the altcoin market cap has dropped another 30% after a 50% decline from its peak in 2021, suggesting a possible 100% rally as the correction ends. New projects like Landrocker and X-Raise Wallet are also generating excitement, with Landrocker’s LRT token surging 10x within 24 hours of launch.

As Bitcoin tests critical support levels, the focus is shifting to altcoins and their potential for major gains. Despite significant drops, historical patterns and new investment opportunities hint at a promising future for altcoins. $BTC #Btc #MtGoxJulyRepayments #CryptoTradingGuide $BNB

🔥🔥🔥 AI tokens $FET , $AGIX , $OCEAN , and #ARKM surge despite market sell-off

Several artificial intelligence (AI)-related cryptocurrencies have shown remarkable performance despite the market downturn on Monday. Among the top performers are Fetch.ai (FET), Ocean Protocol (OCEAN), SingularityNET (AGIX), and Arkham (ARKM).

According to CoinGecko data, Fetch.ai (FET) surged by 20% in the past 24 hours, with its current price standing at $1.69. Ocean Protocol (OCEAN) also demonstrated a positive trend, increasing by 15% to $0.68. Similarly, SingularityNET (AGIX) saw a 15.5% rise, currently trading at $0.68.

This price rally coincides with the Artificial Superintelligence Alliance's announcement, involving SingularityNET, Fetch.ai, and Ocean Protocol, about initiating the ASI token merger on July 1. Earlier, the alliance had postponed the merger to July 15.

Additionally, Arkham (ARKM), the native token of the AI-driven blockchain analytics platform Arkham, experienced a 16% increase in the past 24 hours, now trading at around $2.

The surge in AI-related tokens occurred amid a broader market correction triggered by news that the defunct crypto exchange Mt. Gox plans to repay its creditors $9 billion in July.

Historically, such news from Mt. Gox has led to market sell-offs. For example, last month, Bitcoin's price dropped from $70,000 to $68,500 following Arkham's report that a Mt. Gox-associated wallet was transferring 140,000 BTC (approximately $9 billion) to a new wallet, likely in preparation for creditor repayments.

Following the latest announcement, #Bitcoin's price fell below $59,000 but later recovered to over $61,000, still reflecting a 2% decline in the past 24 hours. Over the month, Bitcoin has seen an almost 11% drop.

Source - cryptobriefing.com

#CryptoTrends2024 #BinanceSquareTalks #CryptoMarkets

#Bitcoin's quarterly candle is set to close up +72%, engulfing 10 months of bear trend.

Pretty crazy.

#Binance #crypto2023 #BTC

💰Analyst: The funny thing is that 88.5% of #Bitcoin's supply has not changed in the last three months.

Wall Street will have to work hard to get holders to part with their BTC coins. Are we waiting for the dump?😅

#Bitcoin is trading at 69900
Bitcoin is facing resistance from the 71000 zone
Bitcoin is currently in a bullish movement 🚀
A little bit of correction happens

#Bitcoin's next target is 73200
Keep low leverage and hold

After sideways we are going to move upwards🚀

#Bitcoin's price ,for the next few weeks, will be very volatile.
#significantMovement / New Trend may occur if weekly candle closes below $60,000 or above $67000.
High possibility of #quickdrop to $57000 to 53000 before the #bullrun .

Reason behind Bitcoin’s slumping network activity.
#Bitcoin's [$WBTC ] network activity has been steadily declining since mid-September despite its price fluctuating within a constrained range, on-chain statistics from CryptoQuant showed.
The cryptocurrency's transactions count indicator, which counts each individual transaction that has ever been made on the Bitcoin network and is calculated using a seven-day tiny moving average, has reached its lowest point since January.
Data from CryptoQuant show that as of October 13th, this number was 266,000, representing a 55% decrease since September 20th.
Pseudonymous CryptoQuant analyst MAC_D explained the cause of the fall in the daily transaction count for #BTC in a recent report. The analyst claims that this is the case because "there were fewer new investments coming into the #crypto market, resulting in less liquidity and therefore less price volatility."
When a cryptocurrency asset reports a decrease in the number of daily transactions, this is primarily due to a decrease in the number of daily active addresses on the network. Since September 19, BTC's unique address count as measured by the same seven-day tiny moving average has decreased by more than 15%.
Additionally, since December 2022, the daily total of coins transferred between BTC holders has been at its lowest level.

Miner Marathon set a record for monthly mining volume with 1853 BTC

In December, miner Marathon Digital mined 1,853 bitcoins, which was a record monthly figure among public BTC mining companies. Year-over-year, Marathon's production increased 290%, up 56% from November. CEO and Chairman of the Board Fred Thiel attributed this result to the company's strategic expansion and improved operational efficiency.

Press release

#Bitcoin's
$BTC

#Bitcoin's price has experienced a significant recovery, witnessing a notable bounce of $1,000 from a critical support level of $25,000.  This sudden #upward movement has sparked speculation about the actions of influential market participants known as " #whales," who might be #capitalizing on the price dip to accumulate Bitcoin. 

#Bitcoin's mining difficulty has soared to a new record high of 86.4 trillion ahead of the much-anticipated #Halving event.

This increase represents a nearly 4% rise, indicating a ramp-up in mining activity as computational power intensifies.

This heightened difficulty reflects the challenges miners face in securing the network and verifying transactions, especially as the #BitcoinHalving will reduce the block rewards, affecting profitability.

#Binance #TrendingTopic

Bitcoin Holders Resist 65% Annual Price Increase

As reported today by Bitfinex Alpha, impressive annual gain of over 65% is fueling the bullish trend in the crypto market. Long-term holders (LTHs) of the digital asset are showing determination, as evidenced by the declining Coin Days Destroyed (CDD) metric that measures the economic activity of the Bitcoin network.

The study also highlighted low sell-side liquidity and a decrease in selling activity among large Bitcoin holders with 1,000-10,000 BTC in their wallets. This suggests that these investors either expect further price gains or are comfortable holding their Bitcoins for longer periods of time. The Output Value Bands Spent (SOVB) metric for these wallets is declining, indicating decreased activity and potentially bullish market sentiment.
In contrast, smaller Bitcoin holders with 10-100 BTC in their wallets are contributing to the selling pressure. However, this pressure has had limited impact recently and is consistent with the early stages of a bullish market. The SOVB metric for these wallets shows an increase, indicating an increase in sales activity.

recent offer of $100 free and discounted fees may encourage more trading activity in the market. Despite these offers and increasing selling pressure from small holders, the Bitcoin market remains strong and resilient, demonstrating belief in its value proposition and future potential.

Overall market patterns are consistent with the early stages of markets and suggest that large Bitcoin holders can expect further price gains or are prepared to extend their holding periods. This is consistent with the early stages of a bullish market and reflects optimism about Bitcoin's future potential.