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🤖💰 AI vs. Cryptocurrencies: Bill Gates' Perspective 🔍 Google searches for the term "AI" surpassed bitcoins and cryptocurrencies in the number of queries this year, and according to Collins Dictionary, "AI" has become the most recognizable word of 2023. 🌐 In 2023, the search interest in artificial intelligence far exceeded the interest in cryptocurrencies or bitcoins. According to Google Trends, the global search interest in "AI" is currently rated at 91, while for Bitcoin, it stands at 22. Google evaluates search queries on a scale from 0 to 100 depending on the share of the topic in the overall volume of search queries across all topics. 💹 Although the current results may not be surprising, considering that Bitcoin is experiencing a bullish trend and is trading at $45,128, demonstrating a complete recovery after a bearish phase and regaining lost positions. 🌐 Edain (EAI) Project Ecosystem is a functional big data analysis system based on artificial intelligence. AI analyzes information, classifies, and determines relationships to provide users with necessary data and assist them in decision-making. Users interact with the platform's services using the EAI token. By the way, EAI is listed on major cryptocurrency exchanges such as WhiteBIT, Binance, and Gate.io.

🤖💰 AI vs. Cryptocurrencies: Bill Gates' Perspective

🔍 Google searches for the term "AI" surpassed bitcoins and cryptocurrencies in the number of queries this year, and according to Collins Dictionary, "AI" has become the most recognizable word of 2023.

🌐 In 2023, the search interest in artificial intelligence far exceeded the interest in cryptocurrencies or bitcoins. According to Google Trends, the global search interest in "AI" is currently rated at 91, while for Bitcoin, it stands at 22. Google evaluates search queries on a scale from 0 to 100 depending on the share of the topic in the overall volume of search queries across all topics.

💹 Although the current results may not be surprising, considering that Bitcoin is experiencing a bullish trend and is trading at $45,128, demonstrating a complete recovery after a bearish phase and regaining lost positions.

🌐 Edain (EAI) Project Ecosystem is a functional big data analysis system based on artificial intelligence. AI analyzes information, classifies, and determines relationships to provide users with necessary data and assist them in decision-making. Users interact with the platform's services using the EAI token. By the way, EAI is listed on major cryptocurrency exchanges such as WhiteBIT, Binance, and Gate.io.

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Daily Analysis: BTC, ETH, TIA, DOGE
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Bitcoin Price Risks 15% Drop as Sellers Break Below 50-Day Support
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📉 Has the Bear Phase in the Crypto Market Ended? 📊 Excessive accumulated futures positions led to massive liquidations even before the approval of ETFs. We witnessed speculative movements. Currently, we observe a slight softening of BTC amid the normalization process of excessively profitable wallets. But how long will this continue? What awaits crypto investors by the end of January? 💸 Earlier today, the BTC price dropped to $41,718. This decline, which triggered altcoin sell-offs overall, was caused by the audacity of excessively profitable investors. When investors believed that prices should fall if there is no mass growth after the approval of ETFs, they shifted to selling, leading to the fall of BTC. We live in interesting times. 🔄 Even more interesting is that the support level at $41,800 is being tested for the sixth time in about the last four weeks. One of these tests was related to the Matrixport report, stating that spot Bitcoin ETFs without fundamental support could be approved in the second quarter. Despite the approval, BTC, which fell to $40,700, is holding at the $42,700 mark. 📈 While the sixth test of support and its current holding seem positive, the size of the subsequent rebound will be crucial for the future. 💼 Some analysts remain cautious due to the transfer of 1 billion BTC to exchanges, as reported by CryptoQuant. In their opinion, this outflow of miners became a fundamental reason for the decline. Bitcoin miners, who need to maintain strong cash reserves, seem to remember the tough days when they began selling at satisfactory levels while continuing to operate with high profitability. 📈 We observed an increase in the additional premium due to excessive demand for options amid the excitement around ETFs. At the moment, since the approval of the spot Bitcoin ETF, we see that the BTC futures premium remains below 9% in the neutral zone, unlike the growing trend that continued until January 15. This suggests that the days of excessive demand may end, and the appetite will change depending on the ETF entry. #BitcoinETFapproved
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🐂 Altcoin Bull Season Beginning? Solana Set to Lead 📈 The altcoin bull season is expected to kick off in 2024, fueled by optimism surrounding various events. Halving, interest rate cuts, U.S. elections, the spread of ETFs, and many other events seem to carry the potential for this season. Some analyses indicate that capital movement may have already initiated it. 🔍 Technical experts point to indicators signaling the start of a significant capital shift from Bitcoin to altcoins, such as Solana (SOL), stating that the time has come. The altcoin season index recently rose to 76 out of 100, suggesting that we might be in the early stages, considering the critical threshold is 75. 📉 Historically, the altcoin season is defined as a period when the top 50 altcoins outperform Bitcoin by 75% over 90 days. The last time we saw something similar was in 2022. In the current scenario, cryptocurrencies like Ordi (ORDI), Sei (SEI), Injective (INJ), Solana (SOL) are achieving this, indicating that conditions for the altcoin season are starting to shape up. Solana (SOL) 💹 In terms of market value, SOL Coin has experienced an impressive growth period. Until last week, SOL Coin maintained a strong position and is now aiming to hold the $95 threshold. However, it still demonstrates better support than most major altcoins. According to Ali Martinez, in the coming hours, Solana may turn upward thanks to a bullish flag formed on the four-hour chart. 🚀 Solana, known for its fast and cost-effective operations, attracts a significant portion of cryptocurrency investors and has undergone a noticeable recovery in total locked value. Unless we witness a significant cryptocurrency crash, the scenario in which institutions resume speculation on GSOL could make $150 a realistic target. #cryptocurrecny #Solana2024 #Priceanalysis #predictions
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