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112k will be new ath
#BTCNewATH
Bitcoin (BTC) has recently achieved a new all-time high (ATH). This milestone was reached on December 17, 2024, at 3:02 PM, when Bitcoin's price peaked at $108,135. This achievement is attributed to increased interest in Bitcoin as a strategic reserve asset, leading to significant inflows into spot Bitcoin ETFs. Notably, Bitcoin's network hash rate has also reached an all-time high, indicating robust network security and miner confidence. Prominent Bitcoin advocate Michael Saylor responded to this milestone with enthusiasm, tweeting, "I will see you on the moon #Bitcoin." Please remember that cryptocurrency markets are highly volatile, and it's essential to conduct thorough research and consider your financial situation before making any investment decisions.
Bitcoin (BTC) has recently achieved a new all-time high (ATH). This milestone was reached on December 17, 2024, at 3:02 PM, when Bitcoin's price peaked at $108,135. This achievement is attributed to increased interest in Bitcoin as a strategic reserve asset, leading to significant inflows into spot Bitcoin ETFs. Notably, Bitcoin's network hash rate has also reached an all-time high, indicating robust network security and miner confidence. Prominent Bitcoin advocate Michael Saylor responded to this milestone with enthusiasm, tweeting, "I will see you on the moon #Bitcoin." Please remember that cryptocurrency markets are highly volatile, and it's essential to conduct thorough research and consider your financial situation before making any investment decisions.
hbar will hit new ath
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CaptainAltcoin
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Hedera (HBAR) Price on the Verge of 50% Spike, One Key Resistance Left
The crypto analyst WorldOfCharts1 has identified a technical setup for Hedera (HBAR), suggesting an imminent breakout that could send the price soaring by up to 50%.
Analyzing the HBAR/USDT 4-hour chart from Binance, the expert highlights a textbook bullish pennant formation that’s approaching its completion point.
The current chart structure shows HBAR consolidating within a pennant pattern after a strong upward movement. The flagpole component of this formation measures approximately $0.16 in height, representing a 54.45% move.
With the price currently compressed between converging trendlines, the setup indicates a critical juncture at the $0.29-$0.30 resistance level.
Target Zones and Confirmation Signals
Based on World of Charts technical projections, a successful breakout above the upper trendline could propel HBAR toward the $0.45-$0.50 range.
This target zone is calculated by adding the flagpole height to the breakout point, suggesting a potential 50% surge from current levels. The analyst emphasizes the importance of volume confirmation during the breakout phase to validate the movement.
Read Also: Monero (XMR) Price Breaks Key Resistance: What Next?
While the setup appears promising, traders should note the possibility of a failed breakout scenario. A rejection at the upper trendline could trigger a retracement toward the $0.26 support level.
The current price action suggests maintaining a close watch on the $0.29-$0.30 resistance zone, as its breach could catalyze the projected upward movement.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
The post Hedera (HBAR) Price on the Verge of 50% Spike, One Key Resistance Left appeared first on CaptainAltcoin.
Analyzing the HBAR/USDT 4-hour chart from Binance, the expert highlights a textbook bullish pennant formation that’s approaching its completion point.
The current chart structure shows HBAR consolidating within a pennant pattern after a strong upward movement. The flagpole component of this formation measures approximately $0.16 in height, representing a 54.45% move.
With the price currently compressed between converging trendlines, the setup indicates a critical juncture at the $0.29-$0.30 resistance level.
Target Zones and Confirmation Signals
Based on World of Charts technical projections, a successful breakout above the upper trendline could propel HBAR toward the $0.45-$0.50 range.
This target zone is calculated by adding the flagpole height to the breakout point, suggesting a potential 50% surge from current levels. The analyst emphasizes the importance of volume confirmation during the breakout phase to validate the movement.
Read Also: Monero (XMR) Price Breaks Key Resistance: What Next?
While the setup appears promising, traders should note the possibility of a failed breakout scenario. A rejection at the upper trendline could trigger a retracement toward the $0.26 support level.
The current price action suggests maintaining a close watch on the $0.29-$0.30 resistance zone, as its breach could catalyze the projected upward movement.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
The post Hedera (HBAR) Price on the Verge of 50% Spike, One Key Resistance Left appeared first on CaptainAltcoin.
go go go
🚨 #BITCOINDOMINANCE Update:
Bitcoin dominance is forming an ascending triangle on the 4-hour timeframe and is currently facing strong resistance at the top. 📊
A solid rejection from this level, followed by a breakdown of the triangle, could trigger a strong rally in altcoins. 🌊💹
📌 Key Levels to Watch:
Resistance: 58 level 🔍
Invalidation: A 4-hour candle close above 58 would invalidate this setup.
🧐 Stay sharp and keep a close eye on this move—Altseason might be right around the corner! 🚀
👉 Follow for more timely updates and premium trade insights! 🔥
#bitcoindominance #altsesaon
Bitcoin dominance is forming an ascending triangle on the 4-hour timeframe and is currently facing strong resistance at the top. 📊
A solid rejection from this level, followed by a breakdown of the triangle, could trigger a strong rally in altcoins. 🌊💹
📌 Key Levels to Watch:
Resistance: 58 level 🔍
Invalidation: A 4-hour candle close above 58 would invalidate this setup.
🧐 Stay sharp and keep a close eye on this move—Altseason might be right around the corner! 🚀
👉 Follow for more timely updates and premium trade insights! 🔥
#bitcoindominance #altsesaon
📍#Metaplanet will issue bonds worth 4.5 billion yen and use the proceeds to accelerate $BTC purchases.
Lido will discontinue staking services for #Polygon. Users will have until June 16, 2025, to withdraw their funds. The decision is due to limited user adoption and insufficient rewards. $LDO
🇺🇸 U.S. Senator Cynthia Lummis stated that 2025 will be a significant year for #Bitcoin and digital assets.
Coinbase responded to the lawsuit regarding the delisting of wBTC, stating that "doing business with an asset associated with Mr. Sun poses an unacceptable risk."
Bitwise has launched the Solana Staking ETP ($BSOL) in Europe.