Savvy #Crypto Traders Are Betting on These #Altcoins âAre You Missing Out?
Trading volumes for altcoins have surged, and there's been a significant shift away from #Bitcoin
đ1-12) One of the most crucial elements of successful investing is recognizing when market themes and narratives have shifted. Many investors cling to outdated perspectives, even after events or decisions that fundamentally alter the landscape. Savvy investors, however, are quick to spot these shifts and capitalize on emerging narratives. They often profit as latecomers drive prices higher.
đ2-12) Since mid-March, Bitcoin has undergone a volatile correction characterized by four lower highs. A breakout above the $65,000 level would signal a reversal of this downtrend, suggesting that Bitcoin could again target levels above $70,000. As our previous reports highlighted, Bitcoin will likely reach new all-time highs in Q4. A shift in the investment landscape has sparked a surge in the pursuit of high-risk, high-reward assets.
đ3-12) Full report: https://mail.10xresearch.co/p/savvy-crypto-traders-are-betting-on-these-altcoins-are-you-missing-out
#SOL #ETH #ENA #SUIđ„đ„đ„đ„
Cryptocurrencies resumed their rebound from their big sell-off earlier in the week, with bitcoin topping $60,000 late Thursday.
The price of the flagship cryptocurrency was last higher by 11% at $61,232.36, according to Coin Metrics, rising above the $55,000 floor that has supported it for much of this year.Ether advanced 12% to $2,644.90, after leading declines in cryptocurrencies and related stocks Wednesday. Both coins are still on pace for weekly losses.
Shares of Coinbase and MicroStrategy gained 7.5% and 9%, respectively. Both were higher in after-hours trading.
The market is trying to find its footing after it tumbled on Monday, as the unwinding of the yen carry trade deleveraged markets and U.S. bond yields rallied on fears of a recession. Bitcoin briefly fell below $50,000 after trading near $70,000 in the week prior. Worries kicked in late last week, however, following the weaker-than-anticipated July jobs report.
"Macro is taking the front seat for the next month or two," said Ryan Rasmussen, an analyst at Bitwise Asset Management. "From rising tensions in the Middle East to the implosion of the yen carry trade to the fear of a recession in the U.S., everyone is worried about it and when the next shoe will drop."
August was always expected to be a month of choppy trading for crypto. Until these worries subside, Rasmussen said, most institutional investors are likely to prioritize their equity portfolios over the 1% to 5% they have allocated to crypto.
"Multiple forces and reactions are causing a sideways bounce in the crypto market, said Bitcoin IRA cofounder and chief operating officer Chris Kline. "Crypto continues to feel malaise, mostly from investors taking a wait-and-see approach on whether the Federal Reserve will cut rates and if this recent correction is just a blip or cause for more concern."
Bitcoin is up nearly 44% for the year.$BTC
đ Once, a guy traded 10,000 BTC for 2 pizzas.
đ€ Wonder if he kept any of that Bitcoin?
đ
Back in 2010, a developer named Laszlo Hanyecz made history by purchasing two pizzas for 10,000 BTC.
đ° At that moment, those coins were worth just $41.
đ Fast forward to today, with Bitcoin sitting around $70k, those pizzas would now be worth a staggering $700 million! Thatâs some pricey đ!
đ May 22 is known as âBitcoin Pizza Dayâ in the crypto world to celebrate this moment.
â But does he still hold any BTC?
đ€« Laszlo hasnât disclosed if he kept any of the original 10,000 BTC. He could be a quiet millionaire now, but weâll never know for sure.
đ Personally, I think he might still have some BTC. Unfortunately, many sold too early and missed out on the gains.
đ Others lost their keys or passed away, leaving their Bitcoin locked up forever.
đ· Image below: "What 10,000 BTC bought in 2010 vs. 0.0015 BTC in 2024"$BTC
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$ETH
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$BNB
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Arbitrum'da (ARB) Ralli Sinyali: BĂŒyĂŒk YĂŒkseliĆ BaĆlıyor mu?
Layer-2 projelerinde öncĂŒ isimlerden biri olan Arbitrum, bir sĂŒredir yĂŒkseliĆ trendine baĆlayamadı. BTC'nin 60.000 doların altında kalması, Layer-2 trendinin baĆlamaması ve token ekonomisi nedeniyle satÄ±Ć baskısına maruz kalan popĂŒler altcoin, yavaĆ yavaĆ yĂŒkseliĆ sinyali vermeye baĆladı. 1 Nisan'dan beri dĂŒĆĂŒĆ trendinde olan $ARB , 11 EylĂŒl'de kırıldı ve daha yĂŒksek seviyelere doÄru yöneldi.
AĆaÄı yönlĂŒ trend kırılmaları genellikle bir artıĆı iĆaret ediyor. 11 EylĂŒl'de 0,50 doları geride bırakan Layer-2 coin, Ću anda sakin bir fiyat yapısı çiziyor. Yazım sırasında 0,5997 dolardan alıcı bulan ARB, yĂŒkselmeye baĆlarsa sırasıyla 0,80 - 0,99 - 1,23 - 1,45 - 1,61 ve 1,80 doları test etmek isteyebilir. Mevcut seviyeden ilk hedefe ulaĆmak bile yĂŒzde 40'ın ĂŒzerinde bir artıĆa denk geliyor.
Bitcoin 60.000$'ın altına dĂŒĆerse, hakimiyet artarsa ââveya Layer-2'ler trendi tutturamazsa dĂŒĆĂŒĆ yaĆayabilir. Paritenin dip bölgeye yaptıÄı baskın, destek seviyesini belirlemeyi zorlaĆtırabilir. $ARB yatırımcıları bu sĂŒreçte destek olarak tam sayıları takip edebilirler.
ĂrneÄin, 0,40$ ve 0,30$ seviyeleri psikolojik destek görevi görebileceÄinden, bu seviyelerden bir satın alma tepkisi beklenebilir. Son dip seviyesi olan 0,46$'ın kaybı yeni bir satÄ±Ć baskısının iĆareti olacaktır.
#KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions
Crypto Experts Predict XRP Price: Bullish
Crypto analysts forecast positive XRP prices despite the crypto's stagnating pricing. The impending SEC Ripple appeal deadline may boost this rise. The XRP-bordering litigation will terminate if there is no appeal.
XRP Predictions from Crypto Experts
Expert Crypto Bitlord said on X that XRP is ready and predicts a âparabolic explosionâ at the top within 24 hours. He warned investors to watch XRP because timing this move might make millions.
Crypto expert Jackis predicted XRP's rise. He posted an inverted chart on X and said the collapse would be dramatic, implying an approaching breakthrough. This breakthrough might bring XRP to $1, according to the chart.
XRP bull Mikybull Crypto is another specialist. Recent comments suggest a crypto move comparable to 2017 may occur this cycle. He noted that history rhymes but seldom repeats. XRP saw a 61,000% price spike in 280 days in 2017.
Mikybull Crypto said XRP is one of the most bullish macro charts in another X article. The altcoin might hit $45, but that's improbable in current market cycle, according to his graphic. However, crypto specialists like Egrag Crypto expect XRP to hit double digits in current bull run.
Armando Pantoja, a crypto expert at X, noted XRP's 7-year bullish pennant. He said he had never seen anything like this in his trading career. He said the market is going to see one of the âbiggest breakoutsâ of the year.
After seven years of consolidation, he expects a parabolic breakthrough for XRP. He said this setup is too flawless and charts seldom lie. His graphic suggested the coin may reach $4 after this breakthrough.
FOMC #XRP #Ripple $XRP
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đš U.S. Homebuyers Still Priced Out Despite Falling Mortgage Rates! đš
The U.S. housing market shows a slight improvement, but affordability is still far out of reach for many. Mortgage rates have dipped, but not enough to close the affordability gap for the average American household.
đ Required income to buy a median-priced home ($433,101) is now $115,454/year.
đ That's down 1.4% year-over-year, marking the first decline since June 2020.
đž Average 30-year mortgage rates dropped to 6.5% in August, down from 7.07%.
đ Rates have since fallen even further to 6.09% as of now.
đ° However, the typical household income of $83,853 is still 27.4% less than what's required to afford the median home.
Bottom Line: Despite slightly better mortgage rates, most Americans remain priced out of the housing market.
đŹ Comment: Can these rate cuts make homeownership more attainable, or are we still too far off? Share your thoughts and experiences!
3 Coin To Hold Long Term:
1. Chainlink ($LINK ): 25 Coins Atleast
Chainlink provides decentralized oracles that allow smart contracts to securely interact with external data sources, APIs, and payment systems. It's key for connecting real-world data to blockchain-based smart contracts.
2. Internet Computer ($ICP ): 50 Coins Atleast
ICP aims to decentralize the internet by creating a public network for developers to build and run applications without relying on centralized cloud services. It provides a scalable, secure infrastructure for decentralized applications (dApps).
3. Hedera ($HBAR ): 5000 Coins Atleast
Hedera Hashgraph offers a high-speed, secure, and energy-efficient public ledger using a hashgraph consensus mechanism. It supports dApps, decentralized finance (DeFi), and token services while maintaining low transaction fees.
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đš Shiba Inu's Symmetrical Triangle Could Signal a Massive 200% Rally â Hereâs Why! đš
Shiba Inu's price is showing signs of a major breakout. The reappearance of the symmetrical triangle pattern on the charts could push SHIB into an explosive upward trend. Letâs break down what this means for Shiba Inu and why a 200% rally might be on the horizon.
Key Analysis Points:
đ Symmetrical Triangle Pattern: Historically signals a breakout when SHIB price nears completion of the pattern. A similar setup in wave 3 could push the price over 200%!
đ Current Price: SHIB is trading at $0.0000143. Key resistances at $0.0000164 and $0.0000226.
đ 244% Target: If SHIB breaks out, the next target is $0.0000493, which could lead to a 244% surge from current levels.
Fibonacci Retracement Levels:
0.382 Level: Critical resistance at $0.0000164.
0.618 & 0.702 Levels: Additional resistances at $0.0000312 and $0.0000392.
1.0 Fibonacci: All-time high potential at $0.0000884, marking a 518% rally!
Support Zones: If SHIB fails to break resistance, strong support is expected at $0.000011 and $0.00004936.
Market Sentiment:
đ Recent Gains: Shiba Inu saw a 95.65% surge since 2024, supported by increasing momentum.
â ïž Short-Term Decline: SHIB is currently down 1.52% in the last 24 hours, a potential dip before a big move.
đŹ Do you think SHIB will break through these key levels? Share your thoughts and predictions! Don't forget to like, share, and tip if you found this analysis helpful!