Bitcoin (BTC) could see further upside volatility as BTC’s price revisits key levels, according to a classic technical analysis metric.

In a Dec. 18 post on X, John Bollinger, the creator of the Bollinger Bands volatility indicator, said that Bitcoin was positioned for an upward breakout.

Bitcoin Bollinger Bands could lead to a “walk up”

After hitting a new all-time high above $108,000 on Dec. 17, Bitcoin breached the upper boundary of the Bollinger Bands (BB) indicator, a barrier that has been out of reach since mid-November, data from Cointelegraph Markets Pro and TradingView shows.

This is an encouraging sign from Bitcoin, according to Bollinger. The Bollinger Bands indicator uses standard deviation around a simple moving average to determine both likely price ranges and volatility.

Over the past few days, the BTC/USD pair recorded daily candlesticks that touched the upper band of the BB. When this happens, it can signal an imminent reversal back to the center band or sudden upside volatility.

The recent push-up of the upper band by Bitcoin adds weight to hopes that the latter scenario may now play out.

“Bitcoin BTCUSD giving a Bollinger Band tutorial,” Bollinger commented alongside a chart.

“A classic Bollinger Band Squeeze leads to a walk up the upper band.”

BTC/USD 1-day chart with Bollinger Bands. Source: John Bollinger/TradingView

The possibility of Bitcoin moving higher from the current price has resulted in some ambitious new BTC price targets for 2025 and beyond.

Bitcoin price may hit $350,000 in 2025

According to Mauricio Di Bartolomeo, co-founder of Ledn, Bitcoin will continue to increase in value as measured in gold, eventually reaching the price equivalent of 50 ounces of gold per BTC.

“I believe Bitcoin will continue to appreciate in gold terms and will reach a price equivalent to 50 oz of gold,” Bartolomeo wrote in a Dec. 19 article on Forbes. 

This would equate to a BTC price of $132,500 at current rates. 

He said, “I expect to see a slew of portfolio recommendations coming out of ETF issuers’ research desks and registered investment advisors,” recommending to their clients to add Bitcoin to their portfolios.

A recent report by BlackRock stated that “investors may prefer to use Bitcoin tactically to hedge against specific risks, similar to gold.”

Bartolomeo said:

“If you are a fully allocated investor looking to rotate into a bitcoin position, you may be inclined to downsize your gold position to make room, as you’re investing the ‘digital’ version of it.”

Robert Kiyosaki, a vocal advocate for the leading cryptocurrency since 2017, gave a more ambitious prediction. 

In a Dec. 18 post on X, Kiyosaki set a new target for Bitcoin, predicting the price could surge to $350,000 in 2025. 

Source: Robert Kiyosaki

Kiyosaki’s figure is a more conservative estimate than Perianne Boring’s, founder of The Digital Chamber, forecast of $800,000 based on the stock-to-flow model. Such a surge would push Bitcoin’s market capitalization to around $15 trillion, up from its current valuation of over $2 trillion.

PlanB, the creator of the stock-to-flow model, predicts Bitcoin to average around a $500,000 valuation across 2025. However, he said that the price may go as high as $1 million.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

The holiday season could bring unexpected riches with a handful of under-the-radar memecoins showing explosive potential. These quirky tokens are capturing attention and sparking speculations about life-changing windfalls. As the crypto market brims with surprises, these five picks might deliver extraordinary returns for those bold enough to dive in.

DOGEN Pumps Hard: The Strongest Meme Token Dominating Crypto

Doge, Shib, and Floki will be left whimpering as the real alpha storms in. Meet DOGEN – the baddest, most bullish meme token to ever hit the market. Only the strongest, most fearless holders can tame it. Big muscles and balls of steel – that’s DOGEN.

No dips, no drama – nothing but hardcore! Just moving forward to ATHs! Like it tough? Then DOGEN is the right token for you.

Frogs leap away – DOGEN will show who is the boss here! Supercharged from day one, it’s primed to explode with a 700% surge expected in the coming months. This Solana-powered beast is ready to pump out insane, thousand-fold gains await!

DOGEN’s got a little something special for its hardcore believers — an airdrop! Want in? All you gotta do is flex those social muscles, grab some tokens during the presale, and start recruiting the DOGEN army with your referral link. For every recruit, you’ll pocket a juicy 20% of the Golden Points from their token buys.

And it doesn’t stop there. DOGEN’s referral game is fierce! You’ll rake in 7% of every token your direct bros (1st level) buy with your code. And it gets sweeter — the more bros you bring, the more levels you unlock, stacking up profits like a boss.

Altseason is on the horizon, and DOGEN holders will be the ones leading the charge.

Wanna dominate the crypto market? Then join the DOGEN army! It’s a community for true winners who enjoy exclusive campaigns, killer perks, and the top deals in the game.

Afford yourself a luxury life! Posh cars, stacks of money, and beautiful women – that’s all for DOGEN holders who don’t settle for less.

Flex Hard, Earn Big – DOGEN is Your Next Power Play!

BONK: A Solana-Based Memecoin with Community Focus

BONK is a cryptocurrency built on Solana with a Shiba Inu mascot. It aims to strengthen its community by redistributing power away from venture capital-backed tokens. BONK gained attention after a Coinbase listing, causing its value to rise over 100%. Half of its supply was airdropped to users in Solana’s NFT and DeFi sectors. By late 2023, BONK was the third-largest memecoin by market cap and a top performer, with over 10,000% yearly growth. It supports Solana’s ecosystem, including launching BonkSwap, a decentralized exchange. While its value fluctuates, BONK’s role in Solana’s growing app network makes it an interesting option during this market cycle.

WIF: A Dog-Themed Meme Coin on Solana Blockchain

Dogwifhat (WIF) is a meme coin on the Solana blockchain inspired by the Dogwifhat meme. It is part of a trend of dog-themed tokens in the cryptocurrency market. These coins are often influenced by internet culture and seek to create active online communities. WIF stands out as a fun, community-driven asset, reflecting the playful nature of meme coins. Its value can be unpredictable due to its large supply and market dynamics. The current market cycle impacts its appeal, with factors like community growth and sentiment playing key roles. WIF’s focus on engagement may attract interest, but its potential depends on long-term adoption within the meme coin ecosystem.

Floki: From Meme Coin to Expanding Ecosystem

Floki started as a meme coin inspired by Elon Musk’s Shiba Inu named “Floki” in June 2021. It has since grown into a project focused on utility and charity. The coin supports initiatives like school-building in Laos and Nigeria. Its ecosystem includes the Valhalla NFT metaverse game and the FlokiFi DeFi platform. Floki also offers real-world applications through its partnership with NOWPayments and a prepaid crypto card. Recognized by The Economic Times as a leading meme coin for 2023, Floki stands out with its diverse use cases. The coin’s ability to blend technology, real-world use, and social impact may attract interest during this market cycle.

Turbo: The First AI-Created Memecoin

Turbo Token is a cryptocurrency created by AI, marking a unique step in digital assets. Its founder used GPT-4 to design and launch this memecoin, blending AI and blockchain innovation. Turbo aims to capture attention in the memecoin space by leveraging its AI-powered origin story, appealing to a wide audience. As the first AI-driven coin, it symbolizes a shift toward automated technology in crypto creation. Its appeal depends on market trends and community support, which are key in valuing meme-based tokens. Turbo’s AI roots set it apart, but its long-term potential relies on sustained interest and utility in a competitive market.

Conclusion

BONK, WIF, FLOKI, and TURBO show some potential for gains in the short term, but their growth may be limited. DOGEN, however, stands out with its elite positioning and focus on success. With a projected 700% growth by the end of its presale and ties to strong communities, it targets those aiming for market dominance and long-term wealth.

Site: https://dogen.meme/Twitter: https://x.com/dogenmemeTelegram: https://t.me/Dogen_Portal

Zug, Switzerland, December 19th, 2024, Chainwire

Acurast, a leader in decentralized confidential cloud computing, announces the launch of Acurast Processor Lite for iOS, now available on the Apple App Store. This application allows iPhone users to share their device’s computing power with Acurast’s decentralized confidential cloud network, offering an opportunity to earn rewards in return.

By harnessing the advanced processors in mobile devices, Acurast makes it possible for regular phones to operate as powerful computing providers. With this new expansion to iOS, Acurast’s ecosystem grows bigger, welcoming iPhone users into a network that’s changing the way cloud computing is done. This shift marks a step forward in accessibility and control over how compute power is managed worldwide.

Acurast also takes a unique, sustainable approach: repurposing mobile phones with damaged screens or unused older models into affordable compute resources. These upcycled devices become cost-effective alternatives to traditional servers, bringing sustainability into the heart of cloud infrastructure.

Users providing compute power through Acurast Processor Lite can earn rewards in the form of cACU tokens. Each user can earn up to 250 cACU per month in bootstrapping rewards simply by running the Processor connected to the internet. Additional rewards are earned whenever developers deploy applications on the Acurast Cloud and utilize the user’s Processor resources.

Key Features of Acurast Processor Lite for iOS:

●      Providing Compute Power Used By Developers To Deploy Their Applications: Getting started with users’ everyday phones or onboard upcycled devices.

●      Broading Compatibility: Supports iPhone 6s and newer models, allowing a wide range of users to participate.

●      Secure and Private: Maintains data security and user privacy, giving users peace of mind.

iPhone users can join the Acurast Cloud Rebellion by downloading Processor Lite iOS. Whether with an everyday phone or dedicated upcycled devices, joining means earning rewards and supporting a shift toward a more decentralized, sustainable, and user-driven confidential cloud infrastructure.

Alessandro De Carli, Co-Founder of Acurast shared, “With the launch of Acurast Processor Lite for iOS, we’re taking a significant step toward democratizing cloud computing. By enabling iPhone users to contribute their phones’ compute power, we’re building a more decentralized, secure, and confidential cloud infrastructure. This is not just about technology; it’s about empowering individuals to be part of a global movement that redefines how we think about and utilize computing resources.”

Users can download Processor iOS Lite here: Processor iOS Lite

About Acurast

Acurast is transforming the cloud landscape by championing mobile-powered disruption in decentralized, confidential, and accessible computing. By enabling individuals to contribute compute power from their phones, Acurast is building a decentralized, serverless cloud that democratizes access to computing resources.

Press Contact:

Pascal Brun

Co-Founder

Acurast Association

Email: pascal@acurast.com

Contact

Comms and PR managerJonathan DuranDistractiveJonathan@distractive.xyz