#solonapumping #BTC☀ Bitcoin's struggle to reach $70,000 su | King Solomon2030 on Binance Square

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King Solomon2030

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#solonapumping #BTC☀ Bitcoin's struggle to reach $70,000 supports a bullish trend in the market.
Market analysts predict Solana could reach peak prices of $300 to $400.
Strong technical analysis supports Solana's upward potential and investment opportunities.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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194

+5.03%

BTC

95,147.37

+0.85%

528

0

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#shibacoin #BTC☀ Shiba Coin PredictionsCurrently, the SHIB price is trading at $0.00001897, reflecting a 4% increase in the last 24 hours. This increase follows Bitcoin’s ascent to nearly all-time high levels and is a continuation of last week’s 5.7% rise. The question arises: can SHIB reach $0.000081?Cryptocurrency analyst Oscar Ramos examined various factors that enhance the likelihood of Shiba Inu returning to its previous all-time high. Ramos notes that Bitcoin $72,368 has a significant impact on SHIB. Presently, there is an 83% correlation between Bitcoin and SHIB, suggesting that as Bitcoin rises, the likelihood of SHIB’s price increasing is high.

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#ETH🔥🔥🔥🔥 Consider the future of Ether’s price in a world where the Ethereum $2,628 Foundation has gone bankrupt and operations have stalled. Or imagine a scenario where Solana $154 and Avalanche Foundations face bankruptcy proceedings in court. LUNA Coin is experiencing this reality; however, it still retains investors who maintain faith in their long-term objectives.In speculative rallies, we may see new attempts within the $0.4190 to $0.4665 range. If BTC tests the $70,000 mark, it would not be surprising to witness similar patterns being repeated based on the order book’s density.

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#tonecoin TON Sharpe Ratio Rising While there are external factors to consider, one analyst notes that the Toncoin Sharpe Ratio is rising and is now in the “low-risk zone.” Based on the analyst’s assessment, TON offers a favorable risk-reward balance for holders and investors. Analysts use the Sharpe Ratio to gauge the risk-adjusted rate of return. The return is higher when it rises, even after factoring in existing risks. How prices perform depends on, among others, prevailing sentiment and adoption. As of mid-October, 77% of all TON traders expect prices to edge higher, looking at a CoinMarketCap poll. The analyst added that the improvement is noticeably better than last year when the Sharpe Ratio was in a “high-risk” zone. It remains to be seen whether prices will recover in the coming sessions.

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📈 Bitcoin in October: A History of Consistent Growth 🚀 💸 October has been a standout month for Bitcoin year after year! 🔥 Whether it's small, steady gains or massive surges, this month often brings positive changes for the cryptocurrency. From early humble jumps to major breakthroughs, October has consistently surprised investors. 📊 Even after short-term dips, Bitcoin tends to recover and keep climbing, holding strong despite market fluctuations. 🧐 What’s next? Could this October be the start of another upward journey for Bitcoin? Only time will tell!

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HODL mode despite price decline Analyzing the market further, the chart indicates that Bitcoin holders are mostly in “HODL” mode, showing confidence despite volatility. There’s a possibility of a significant sell-off, causing a temporary drop then a major rally to restart profit-taking behaviors. Bitcoin holders, especially those with coins older than six months, remain dormant indicating confidence in a rally. However, a minor dip could push BTC towards the $60K level, where it may bottom out and reverse, signaling that a rally is likely soon. The price action shows that Bitcoin continues to test lower levels in its current downward trend. BTC is expected to hold this level, but any corrections driven by negative market sentiment (FUD) may push the price below $60K before it rebounds. Combining this with technical indicators, the outlook for a rally remains strong as Bitcoin consolidates within its support range, preparing for a potential surge.

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