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Countdown Begins: Bitcoin ETF Application Deadline Nears With Potential Market Impact
As the new year dawns, the crypto world braces for a significant milestone: the looming deadline set by the United States Securities and Exchange Commission (SEC) for Bitcoin exchange-traded fund (ETF) applicants. With January 29 marking the pivotal cutoff, applicants not meeting this stringent timeline risk exclusion from the initial wave of potential spot Bitcoin ETF approvals.·
For the full story, head over to TheCurrencyAnalytics.com.
For the full story, head over to TheCurrencyAnalytics.com.
$DOGE
👉👉Anticipating a potential buying signal, Dogecoin's price is eyeing a target of $0.09, showing signs of bullish momentum as it holds above the descending trendline.
The current trajectory suggests a potential 5% gain, pushing Dogecoin back above the $0.0900 threshold, last reached on Tuesday.
👉👉Should the price dip below $0.0817 and sustain at that level, it would invalidate the bullish outlook.
On February 14, Dogecoin briefly breached the declining trendline, prompting profit-taking among traders and indicating a premature breakout. Nonetheless, this event instilled confidence in previously hesitant investors, fearing they might miss out on further gains.
👉👉With Dogecoin's price poised for a 5% increase as long as it maintains its position above the descending trendline, indicators like the Relative Strength Index (RSI) and the Awesome Oscillator's (AO) histogram bars point towards upward momentum.
👉👉A breach above the $0.0900 barrier could fuel further gains towards the psychological threshold of $0.1000, provided buyers exhibit strong resolve.
👉👉Conversely, profit-taking actions could drive Dogecoin's price below the descending trendline, potentially triggering a negative cycle. Continued downward pressure may lead to a breach of the $0.0817 support level or even a further decline towards $0.0752.
#Write2Earn #TrendingTopic #dode
👉👉Anticipating a potential buying signal, Dogecoin's price is eyeing a target of $0.09, showing signs of bullish momentum as it holds above the descending trendline.
The current trajectory suggests a potential 5% gain, pushing Dogecoin back above the $0.0900 threshold, last reached on Tuesday.
👉👉Should the price dip below $0.0817 and sustain at that level, it would invalidate the bullish outlook.
On February 14, Dogecoin briefly breached the declining trendline, prompting profit-taking among traders and indicating a premature breakout. Nonetheless, this event instilled confidence in previously hesitant investors, fearing they might miss out on further gains.
👉👉With Dogecoin's price poised for a 5% increase as long as it maintains its position above the descending trendline, indicators like the Relative Strength Index (RSI) and the Awesome Oscillator's (AO) histogram bars point towards upward momentum.
👉👉A breach above the $0.0900 barrier could fuel further gains towards the psychological threshold of $0.1000, provided buyers exhibit strong resolve.
👉👉Conversely, profit-taking actions could drive Dogecoin's price below the descending trendline, potentially triggering a negative cycle. Continued downward pressure may lead to a breach of the $0.0817 support level or even a further decline towards $0.0752.
#Write2Earn #TrendingTopic #dode
Dive into the thrilling world of Dogecoin with a glance back at its electrifying journey, ignited by none other than Elon Musk. Picture this: April 2, 2019, when Musk first whispered about Dogecoin's potential. If you'd seized the moment and tossed in $100, today you'd be sitting pretty with a whopping 39,185 DOGE, translating to a dazzling $3,299.38 at the current price of $0.08420.
But let's fast forward to July 17, 2020, when Musk's tweet catapulted Dogecoin into the spotlight. With a $100 investment then, you'd now be the proud owner of 32,425 DOGE, worth a solid $2,730.19.
Hold onto your seats because the thrill doesn't end there! In May 2021, Dogecoin hit an all-time high of $0.7376. If you'd seized the opportunity with $100 based on Musk's cues, you'd be staring at a jaw-dropping $28,902.86 or $23,916.68, depending on whether you entered the game in April 2019 or July 2020.
Feeling the FOMO yet? Don't miss out on the chance to ride the Dogecoin wave to potential riches. Smash that like button, hit follow, and who knows, maybe even consider tipping for the insight! 🚀🌕 #TrendingTopic #Write2Earn #dode $DOGE
But let's fast forward to July 17, 2020, when Musk's tweet catapulted Dogecoin into the spotlight. With a $100 investment then, you'd now be the proud owner of 32,425 DOGE, worth a solid $2,730.19.
Hold onto your seats because the thrill doesn't end there! In May 2021, Dogecoin hit an all-time high of $0.7376. If you'd seized the opportunity with $100 based on Musk's cues, you'd be staring at a jaw-dropping $28,902.86 or $23,916.68, depending on whether you entered the game in April 2019 or July 2020.
Feeling the FOMO yet? Don't miss out on the chance to ride the Dogecoin wave to potential riches. Smash that like button, hit follow, and who knows, maybe even consider tipping for the insight! 🚀🌕 #TrendingTopic #Write2Earn #dode $DOGE
