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šŸ‡­šŸ‡° Honkonga apstiprinās Bitcoin ETF!!!!!! Honkonga varētu apstiprināt Bitcoin un Ethereum ETF nākampirmdien, liecina Bloomberg ziņojums. šŸ–„ Bloomberg ziņojums liecina, ka Honkonga drÄ«zumā varētu apstiprināt ETF, kas iegulda tieÅ”i Bitcoin un Ethereum. Ja prognozes bÅ«s pareizas, ir sagaidāms, ka starptautiskās organizācijas, Harvest Fund Management Co. un Bosera Asset Management saņems apstiprinājumu tÅ«lÄ«tējo kriptovalÅ«tu ETF palaiÅ”anai. šŸ”„ Ņemot vērā, kāds kapitāls nonāk BTC no ASV ETF, jauns ETF Honkongā varētu pozitÄ«vi ietekmēt un piesaistÄ«t jaunu kapitālu BTC. $BTC #BTC #ETF

šŸ‡­šŸ‡° Honkonga apstiprinās Bitcoin ETF!!!!!!

Honkonga varētu apstiprināt Bitcoin un Ethereum ETF nākampirmdien, liecina Bloomberg ziņojums.

šŸ–„ Bloomberg ziņojums liecina, ka Honkonga drÄ«zumā varētu apstiprināt ETF, kas iegulda tieÅ”i Bitcoin un Ethereum. Ja prognozes bÅ«s pareizas, ir sagaidāms, ka starptautiskās organizācijas, Harvest Fund Management Co. un Bosera Asset Management saņems apstiprinājumu tÅ«lÄ«tējo kriptovalÅ«tu ETF palaiÅ”anai.

šŸ”„ Ņemot vērā, kāds kapitāls nonāk BTC no ASV ETF, jauns

ETF Honkongā varētu pozitīvi ietekmēt un piesaistīt jaunu kapitālu BTC.

$BTC #BTC #ETF

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šŸ‘€ Bitcoin Forms Golden Cross, Is Bull Run Coming?Ā  šŸ”ŗ Bitcoin forms a "Golden Cross" on the daily chart, resembling patterns from earlier this year. šŸ”ŗ Bitcoin faces obstacles including its own price, moving averages, and resistance levels. šŸ”ŗ Bitcoin struggles to surpass key levels around $60,900-$61,400, signaling potential bearish trends. Bitcoin has recently signaled a bullish pattern with a ā€œGolden Crossā€ on the daily chart, reminiscent of earlier price action this year. This development has caught the attention of crypto enthusiasts, suggesting potential upward momentum for the cryptocurrency. However, technical analysis indicates some key obstacles that Bitcoin must overcome to solidify short-term bullish sentiment. šŸ”ø Bitcoinā€™s Formation of Golden Cross Crypto trader Titan of Crypto highlighted Bitcoinā€™s recent ā€œGolden Crossā€ on the daily chart, drawing parallels to earlier price movements in 2024. A Golden Cross occurs when a shorter-term moving average, such as the 50-day moving average, crosses above a longer-term moving average like the 200-day moving average. This signal is often interpreted as a bullish indicator for the cryptocurrency. šŸ’¬ #Bitcoin Golden Cross! šŸŖ™ #BTC price action (PA) reminds me a lot of its PA early this year. A golden cross just occurred on the daily. However, technical shows that for Bitcoin to show strong positive momentum in the short term, it needs to overcome specific levels that are currently acting as obstacles. These levels include its price, the Tenkan (a short-term moving average), the Kijun (a longer-term moving average), and the upper line of the Kumo cloud (a key area on a chart indicating potential support or resistance). Right now, Bitcoinā€™s progress is being blocked by its price, suggesting that itā€™s facing difficulty moving higher immediately. Crossing these levels successfully would indicate a stronger likelihood of Bitcoinā€™s price going up shortly. $BTC
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šŸš€ Solana Price Analysis: Here are the Future Prospects for SOL Price The Solana price continues to trade within a narrow range but has maintained a decent ascending trend. The token has suppressed significant bearish interference, as the bulls have successfully maintained levels above critical support during bearish attacks. While market participants are optimistic about the upcoming trend, theĀ SOL priceĀ has made a slightly different projection for itself.Ā  The SOL price steadily rose above $150, marking the daily highs above $155 during the previous dayā€™s trade. Unfortunately, the rally bowed down to the bears as it approached the dayā€™s close and closed around $146 after testing lows below $145. On the other hand, the current dayā€™s trade has begun below the previous dayā€™s close, which is fluttering bearish flags over the crypto.Ā  šŸ”ø Therefore, is the SOL price poised to drop to the crucial support level of $133? Has the bullish impact of the token faded? The above chart displays that the SOL price has formed a double bottom pattern, but instead of surpassing the neckline, the price is consolidating below the levels. This has been flashing bearish signals, which have been substantiated by the sluggish behaviour of RSI, which is failing to rise above average levels. On the other hand, the DMI levels are going parallel to each other, suggesting a diminished activity of both bulls and bears.Ā  Therefore, the Solana price is believed to maintain a consolidated trend for a while and eventually test the interim lower support at $133 in the coming days. As the bulls have failed to rise above $155 to $158 a couple of times, their weakness may pave the way for the bears to slash the price. However, bulls have been defending the lower support in every bearish instance and hence a similar rebound can be expected, which could elevate the Solana price back to $158.Ā  However, breaking above this barrier completely depends on market sentiments and the buying pressure that is expected to rise by then.Ā  $SOL #SOL
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šŸ”„ Here are Two Crucial Dates for Shiba Inu (SHIB) In the wake of the recent market downturn, weā€™ve outlined how May 11 and 12 could significantly impact Shiba Inuā€™s short and medium-term price movements. The recent market downturn has put various crypto assets, like Shiba Inu (SHIB), in hot waters. Shiba Inu has recorded massive losses in the past few days, plunging 8.45% in the weekly charts. šŸ”ø Importance of May 11 and 12 to Shiba Inu Amid the ongoing downturn across the broader market, Shiba Inu faces two crucial dates ā€“ May 11 and 12 ā€“ which could potentially determine the assetā€™s short-term trajectory. May 11 and 12 are imperative for SHIB because they represent the days when the asset is expected to test a significant resistance around the 50-day EMA (Exponential Moving Average). In the meantime, Shiba Inu is signaling an imminent price spike after it found support at the 100 EMA indicator. Historically, the 100 EMA indicator has served as a robust base for price rebounds, with recent trends suggesting that SHIB is primed for such a resurgence. With Shiba Inu recently finding support around the 100 EMA indicator, there is a likelihood that the canine-themed token will attempt to breach the resistance at 50 EMA in the coming days, particularly on May 11 and 12 It bears mentioning that the 50 EMA indicator marks the most significant resistance level currently facing SHIB. Breaching this resistance could pave the way for a bullish rally for SHIB and vice versa. šŸ”ø Massive Volatility Ahead Meanwhile, Shiba Inu has been experiencing narrowing price bands, which usually occur before a period of heightened volatility. This narrowing suggests that Shiba Inuā€™s price is consolidating, gathering momentum before a substantial move occurs. As the price compression intensifies, it establishes a buildup of potential energy, thus increasing the chances of a spike in volatility. Interestingly, movements characterized by increased volatility, as anticipated due to the narrowing price bands, usually act as potential triggers for breaching resistance. $SHIB #SHIB
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