Analyst Shares Chart and Explains When Bitcoin Will See $150,000!
After the decline in #Bitcoin that started after March, the process seems to still remain uncertain. It is thought that after the long-standing consolidation in the market, and especially in #BTC , the important resistance level of $ 70,000 can be exceeded. If the upward momentum continues, a new record level may emerge in the market, which analysts predict will probably be above $100,000.
In this process, cryptocurrency expert TradingShot shared a post on May 23 and expressed its opinions. He added that it is estimated that #Bitcoin will enter a new rally phase after a post-halving period of consolidation. The development is consistent with the price movements noted in previous Bitcoin cycles and reveals that there may be a potential increase towards $ 150,000.
TradingShot highlighted the consolidation phase that occurs in the two-month period before and after the halving event, a pattern that has emerged in past Bitcoin cycles. He stated that this process has always been seen in the market so far. The mentioned consolidation phase is generally known to occur before a significant rally in the #Bitcoin price.
In the two-month time frame analysis, the Vortex Indicator (VI) and Commodity Channel Index ( #CCI ) also draw attention to the symmetry that emerges in Bitcoin's cycles. Analysis by TradingShot showed that the VI highs coincide with the first higher low of the CCI after the bottom, indicating a predictable pattern in Bitcoin's price movements.
As a result, we can expect the price to peak in the week of March 17, 2025 at the earliest. <…> Perhaps the most important part is after each consolidation after the BBW bottom. Bitcoin's first target was the orange trend line, MMB 3SD. It is currently at $125,000 but could approach $150,000 once the rally reaches that.
This my buddy is still down my entry price. I took entry at 0.18 and it’s been more than one and half month since it didn’t get back to my entry price.
I’m hopelessly waiting for it to pump a little and I should take out my money at no profit no loss. Sad
As of May 2024, REI Coin is trading at approximately $0.073, with a market capitalization of around $69 million and a 24-hour trading volume of about $3.2 million. The coin has shown significant growth over the past year, with a 209% increase, reflecting a bullish sentiment among investors despite recent bearish trends in short-term technical indicators [oai_citation:1,REI Network (REI) Price Prediction & Forecast 2025, 2026, 2027-2030 | Binance](https://www.binance.com/en/price-prediction/rei-network) [oai_citation:2,REI Network Price Today - REI Price Chart & Market Cap | CoinCodex](https://coincodex.com/crypto/rei-network/).
**Technical Analysis and Price Predictions**
REI Coin's technical indicators present a mixed outlook. The 50-day moving average is currently bearish, suggesting potential resistance levels, while the 200-day moving average shows a long-term bullish trend, indicating strong underlying support. The Relative Strength Index (RSI) remains in a neutral zone, implying that the coin is neither overbought nor oversold [oai_citation:3,REI Network (REI) Price Prediction & Forecast 2025, 2026, 2027-2030
Price predictions for REI Coin vary, with some analysts forecasting a gradual increase to around $0.097 by 2030, representing a potential 5% growth from its current price. Short-term forecasts predict minor fluctuations, with an expected price of $0.073352 in the next 30 days
**Historical Performance**
Historically, REI Coin has experienced substantial volatility. It reached an all-time high of $0.35 in March 2024 but has since dropped significantly. The coin's lowest price was recorded at $0.019 in November 2022. Despite this volatility, REI Coin has shown resilience, with significant rebounds and overall positive performance in specific quarters, particularly in Q1 of 2024 where it saw a 300% increase
Analysts are projecting spot Solana and Ripple ETFs in 2025 following the approval of Ethereum ETFs.
First, a spot Bitcoin ETF. Then, a spot Ethereum ETF. What is next?
Some analysts have forecasted Solana as the next project due for an ETF, but Standard Chartered’s Geoffrey Kendrick echoed that a Ripple (XRP) ETF could also come in 2025.
“For other coins (eg. SOL, XRP), markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story not a 2024 one,” said Kendrick.
After the U.S. Securities and Exchange Commission (SEC) confirmed the approval of Spot Ethereum ETFs, momentum for other crypto ETFs has been building.
Ripple CEO Brad Garlinghouse hinted at this possibility through a social media post celebrating the SEC’s approval, calling it a “momentous” occasion for the industry.
In February, when asked about the possibility of an ETF, Garlinghouse replied, ”We would certainly welcome it, and I think it’s inevitable that there’ll be multiple ETFs around different tokens.”
A spot crypto ETF tracks the price of a specific crypto and invests portfolio funds into that crypto. These funds are traded on public exchanges but generally track a particular crypto. Like similar funds, crypto ETFs are on regular stock exchanges, and investors can keep them in their standard brokerage accounts.
In other words, crypto ETFs allow retail traders to gain direct exposure to crypto prices without directly owning the assets.
XRP’s path to a spot ETF
The ongoing lawsuit between Ripple and the SEC, in which the SEC accuses Ripple of selling unregistered securities, represents a significant hurdle to a spot ETF. The outcome of this litigation will be crucial in determining not only Ripple’s future but also the viability of an XRP ETF.
The legal uncertainty around Ripple has held the price of XRP back. Currently, it’s priced at $0.53, below its 2024 opening price of $0.62.
A lawsuit resolution is expected this summer, and if favorable, XRP should see a price spike. #XRP_ETF
$REI is continuously down and don’t have any guts to move upwards.
I don’t think this coin will move upwards in near future. This coin moves like a dead coin.
To earn back my loss in this coin, I think I have to wait for more 2-3 months.
My entry was at 0.18 with 100$. And right after my entry, This coin went down and down day by day. Looks like this coin was waiting for me to get enter in this coin. 😂
🚀 **Big News** just dropped, folks! The SEC, you know, the big financial watchdog in the U.S., has just rolled out the red carpet for all spot Ethereum ETFs. 🎩✨ This is like giving Ethereum a VIP pass to the world of commodities! 🌟
Imagine Ethereum wearing a shiny badge that says "I'm as cool as gold and oil now." 🛡️💰 That's right, it's not just digital art and smart contracts anymore; Ethereum is playing in the big leagues with the likes of wheat, copper, and natural gas. 🌾🔋🔥
What does this mean for you and me? Well, it's like opening a treasure chest for investors. We're talking about a potential gold rush of institutional money pouring into Ethereum. 💸
💼 Think billions, with a 'B'! 💰📈 So, if you've been keeping an eye on Ethereum, pat yourself on the back because things are about to get even more interesting. 🧐🎢
And hey, let's not forget to tip our hats to the SEC for making this happen. It's a game-changer, and we're here for it! 🎮🏆
Keep your eyes peeled, crypto fam, because the Ethereum train is just picking up speed! 🚂💨 Here's to making smart moves and staying ahead of the curve! 🥂📈
Pay attention to these 10 altcoins: They may take flight with Binance listing!
As Bitcoin and Ethereum continue their impressive rise, many crypto investors are wondering if they are too late to join the party.
As Bitcoin and Ethereum continue their impressive rise, many crypto investors are wondering if they're too late to join the party. Amidst this uncertainty, two elements stand out. Especially the developments in Binance have attracted attention.
The first is whether ETH spot ETFs, which have a critical place in the crypto industry, will be approved. In case of a possible approval, it seems that there will be great increases, especially in altcoins. The second was the statement made by Binance recently.
Binance published a report on low-volume, high-FDV token launches, stating that these tokens often decline after launch and only benefit developers. To solve this problem, Binance plans to significantly increase mid-cap coins by listing promising projects at lower values. With this development, crypto investors began to investigate which projects Binance could list.
🇺🇸 Hold onto your seats, folks! Elon Musk has just accepted RFK Jr.'s request to host a presidential debate like no other! 🎤💥 Get ready for a showdown between President Biden and Donald Trump, with the one and only Elon Musk as the moderator! 🚀🔥
🌟 This is history in the making! Who will come out on top in this epic clash of ideas and visions for the future? 🤔💭 Stay tuned for updates on this electrifying event! ⚡️ #PresidentialDebate #ElonMusk #Biden #Trump
👀 Don't miss a moment of the action – follow us for all the latest updates on this unprecedented debate! 📺🔥 #BreakingNews #HistoryInTheMaking
If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Crypto, Here's How Much You'd Have Today
Dogecoin traded a $0.002552 on April 2, 2019, around the time of Musk's first tweet mentioning Dogecoin. If you bought $100 in Dogecoin at that time, you would have 39,185 DOGE today.
The value of the $100 investment would now be $6,496 based on a current Dogecoin price of $0.1658 at the time of writing. This represents a hypothetical return of 6,396%
Dogecoin traded at $0.003084 on July 17, 2020, at its highest price. A $100 investment on that day could have bought 32,425 DOGE. The value of the $100 investment would have grown to $5,236 today. This represents a hypothetical return of 5,136%
Dogecoin hit an all-time high of $0.7376 in May 2021. At its peak, these $100 investments in Dogecoin based on Musk's tweets would have been worth $28,902.86 and $23,913 . Please follow, like and share
🛑🛑🛑 Urgent update breaking news 1️⃣ As I spoke several hours ago, I expected a drop from BTC from 71500 due to the presence of some gaps in some of the abnormal candles.
Even the candle closes were somewhat strange. You can notice them in the well-known analysis application tradingview. They can be observed on the minute and 15 minute candles on the SPOT and Future Chart BTCUSDT | Futures BTCUSDT.P | Also, the price difference between Spot and Futures, so this difference should become normal. It is expected that trading platforms try to make Futures and Spot equal in price, so a decline is necessary to happen in BTC and ETH, so everything is positive, not negative, but it is necessary to correct some problems.
2️⃣ And do not forget that I talked about the USDT domain, which is the digital dollar for digital currencies. A rise from 4.35 to 4.40 is good, but it is negative if it breaks from 4.45 to 4.50 to 4.60. With this, the total liquidity of the market is still in a good area so far, but the 2.600 area is resistance, so it is natural to fall due to fluctuation. Price in BTC and ETH so we have liquidity support to 2.507. Expected trading from these areas 2.600-2.507. These areas, any break below 2.507 is negative. The expected drop to 2.404. There are no good areas between these separate areas, so they are very dangerous areas if the market falls.
3️⃣ Now we just have to wait for the market correction and come back again and see if there are positives or negatives. We may decide to go down or up. I wish you good luck and success. 🛑🛑🛑 Any news or information issued by me is not advice, so do not forget to use DYOR
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