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@Kaia Chain Kaia (KAIA) is currently trading between $0.2387 and $0.4146. Although it experienced a 14.38% dip over the past week, it has surged by 120.27% in the last month. The 10-day and 100-day simple moving averages are converging around $0.27, indicating a period of consolidation before a potential breakout.
The nearest resistance level is $0.5064; if this level is surpassed, it could drive the price toward the second resistance at $0.6823, suggesting an increase of over 60% from current levels. With the Relative Strength Index at a neutral 46.81, there is potential for upward movement. As altcoin season approaches and the crypto market prepares for a bull run, Kaia may be poised for significant gains. #KAIACOIN #KAIAOnTheRise #RideTheKaiaWave #RideTheKaiaWave🔥 #KaiaChain @Kaia Chain
Bitcoin continues to attract attention as it surpasses significant resistance levels. Following this recent breakthrough, analysts are focusing on a target of $130,000, supported by technical indicators based on Fibonacci analysis.
**Next Target for Bitcoin** Analysts who monitor Bitcoin’s movements pay close attention to how Fibonacci levels function as support and resistance. After the recent surge, the $130,198 level has been identified in alignment with the 3.618 Fibonacci extension. Stable market conditions and increased adoption enhance the likelihood of reaching this target.
**Is USDT Dominance Weakening?** USDT Dominance (USDT.D) is a crucial indicator of overall market sentiment. A decline in USDT.D suggests that traders are returning to cryptocurrency markets, which could signal positive momentum. #btc130k #BTCNewATH #Debate2024 #BinanceAirdropsCATandPENGU #CPI_BTC_Watch
🚨🚨 Bitcoin Price Reaches All-Time High of $108,239, Eyes $110,000 NexT
Bitcoin experienced a brief pause after reaching its all-time high of $108,239 on Tuesday, subsequently retreating to $104,013 by Wednesday noon in Singapore. Despite this pullback, the overall value of digital assets nearly approached $4 trillion during the rally, indicating strong investor interest.
Traders remain optimistic, particularly with President-elect Donald Trump's support for cryptocurrencies. Trump has promised to create favorable regulations and even establish a national Bitcoin reserve, which has fueled market enthusiasm.
Additionally, the anticipated inclusion of MicroStrategy in the Nasdaq 100 Index is boosting sentiment. There are expectations that this could lead to further price gains, given the company's focus on Bitcoin investments.
The Federal Reserve is widely expected to cut interest rates by another quarter-point. However, the outlook for next year remains uncertain due to robust U.S. economic growth and potential inflation risks stemming from Trump’s policies.
K33 Research analysts predict that the Fed’s final monetary policy meeting in 2024 will contribute to market volatility, although they believe Bitcoin's momentum may continue to build through the holiday season.
Since Trump's victory in the presidential election, Bitcoin has surged over 55%, with many investors turning to Bitcoin exchange-traded funds despite the token's volatility and the absence of traditional valuation metrics.
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✋✋ BE CAREFULLY FOR P2P DOLLARS 🤯🤯 WARNING: BINANCE P2P SCAMS - HOW TO LOST $1000 DOLLARS IN P2P? Read Full article 👇👇👇👇 Binance’s P2P trading allows direct transactions between users, but unfortunately, it’s also a hotspot for scammers. Here's how these scams typically unfold:
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The most worth-following event is that the price of $BTC has surpassed its historical high, but failed to break through the key level of #95k 💲.
The market generally has a positive attitude towards Bitcoin, believing that its status as digital gold and digital asset will be further consolidated. The viewpoint worth following is that Bitcoin, as a decentralized and limited supply digital money, is increasingly being regarded as an ideal means of value preservation and appreciation, especially against the backdrop of declining trust in the TradFi system globally. #BinancePoolFractalBitcoin #BitcoinStrategy #COSSocialFiRevolution
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