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Bernstein Predicts Bitcoin Could Hit $90,000 with Trump Re-election
According to a recent report from $725 billion asset manager Bernstein, Bitcoin could surge to between $80,000 and $90,000 by the end of 2024 if Donald Trump is re-elected president. Bernstein analysts highlighted that Trump’s favorable stance on cryptocurrencies and promises for clearer regulatory frameworks could be the key drivers for this surge.However, in the event of a Kamala Harris victory, Bitcoin's price may fall to between $30,000 and $40,000 due to her administration's perceived less supportive approach toward the crypto market.This prediction showcases Bernstein's belief in the political landscape’s influence on Bitcoin’s price movements.
**1. Technical Analysis:**
DOGS coin has faced significant volatility on the TON blockchain. After an initial surge, the coin encountered resistance and entered a bearish phase. Key technical insights include:
**Recent Decline**: DOGS has seen a 20% drop over the past week and a 34% drop this month, currently trading around $0.001048.
- **Bearish Indicators**: MACD signals a continued downtrend, and the Awesome Oscillator shows increased selling pressure.
- **Resistance Levels**: Key resistance is at $0.0015. A break above this could signal a reversal, but consolidation is expected unless broader market conditions shift.
**2. Fundamental Analysis:**
DOGS is a meme coin on the TON blockchain, driven by community support and social media hype. Its fundamentals include:
- **Community-Driven**: DOGS relies heavily on its community and is linked to Telegram’s Spotty, associated with founder Pavel Durov.
- **Low Market Cap**: Compared to larger meme coins like Dogecoin, DOGS has growth potential but remains speculative.
- **TON Blockchain**: As TON's ecosystem expands, DOGS may benefit, but it remains uncertain how well it will capitalize on the blockchain’s growth.
**3. Price Speculation for December 2024:**
- **Bearish Scenario**: Further declines could see DOGS trading between $0.0005-$0.0008.
- **Neutral Scenario**: Consolidation could stabilize DOGS between $0.0017-$0.002.
- **Bullish Scenario**: In a highly optimistic case, DOGS could rise to $0.003 or higher, though a 500% surge appears unlikely without major catalysts.
**Conclusion:**
DOGS coin is highly speculative and dependent on market trends, community sentiment, and social media influence. Investors should expect volatility and closely monitor key technical indicators.
#dogs #DOGSONBINANCE #DOGSUSDT #TelegramCEO #TON
DOGS coin has faced significant volatility on the TON blockchain. After an initial surge, the coin encountered resistance and entered a bearish phase. Key technical insights include:
**Recent Decline**: DOGS has seen a 20% drop over the past week and a 34% drop this month, currently trading around $0.001048.
- **Bearish Indicators**: MACD signals a continued downtrend, and the Awesome Oscillator shows increased selling pressure.
- **Resistance Levels**: Key resistance is at $0.0015. A break above this could signal a reversal, but consolidation is expected unless broader market conditions shift.
**2. Fundamental Analysis:**
DOGS is a meme coin on the TON blockchain, driven by community support and social media hype. Its fundamentals include:
- **Community-Driven**: DOGS relies heavily on its community and is linked to Telegram’s Spotty, associated with founder Pavel Durov.
- **Low Market Cap**: Compared to larger meme coins like Dogecoin, DOGS has growth potential but remains speculative.
- **TON Blockchain**: As TON's ecosystem expands, DOGS may benefit, but it remains uncertain how well it will capitalize on the blockchain’s growth.
**3. Price Speculation for December 2024:**
- **Bearish Scenario**: Further declines could see DOGS trading between $0.0005-$0.0008.
- **Neutral Scenario**: Consolidation could stabilize DOGS between $0.0017-$0.002.
- **Bullish Scenario**: In a highly optimistic case, DOGS could rise to $0.003 or higher, though a 500% surge appears unlikely without major catalysts.
**Conclusion:**
DOGS coin is highly speculative and dependent on market trends, community sentiment, and social media influence. Investors should expect volatility and closely monitor key technical indicators.
#dogs #DOGSONBINANCE #DOGSUSDT #TelegramCEO #TON
