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🚨 Discount Alert 🚨 Level up your crypto game with Kryptos! Get 20% off on our services - just watch the video for the code! Don't miss out, grab your discount now! 💸 #binance #trending #HOTTRENDS
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Impact of FDR's Interest Rate Decisions on the Cryptocurrency Market
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📈Bitcoin Price Analysis and ATH Prediction, How to keep a constant eye on the prices ? An expert in the field has outlined a potential scenario for Bitcoin to reach a new all-time high (ATH) of $92,190. The analysis suggests that for Bitcoin to achieve this milestone, it needs to overcome a crucial resistance level. Advisor Ali has explored the possibility of Bitcoin reaching its peak, considering heavy profit-taking in the market as an indicator. The expert is awaiting further confirmation before solidifying this assessment. In the event of a confirmed peak, Ali has identified key support levels using on-chain data. Key Points from the Analysis: Retest Impact: A retest could trigger responses from investors, especially those with similar cost bases, potentially leading to increased buying activity. Support Zones: Significant cost basis zones below the current price might act as support levels during a decline. Potential Price Scenarios:If the market top is confirmed, Bitcoin could drop towards $51,530 or even $42,700. Breaking the $66,250 barrier, a level where loss holders may sell at break-even, could invalidate this bearish outlook. MVRV Pricing Bands Model: The Market Value to Realized Value (MVRV) Pricing Bands model indicates that Bitcoin could strengthen to $69,150 by surpassing $66,250. Breaking this resistance level could propel Bitcoin to a new high of $92,190. This analysis underscores the importance of key resistance levels and market dynamics in determining Bitcoin's price movements, offering insights into potential future scenarios for the cryptocurrency. To have a constant eye on your portfolio is important, to do that you can easily download the Kryptos App , and manage your portfolio along with your taxes on the go , plus you get all the industry insights, all in one place to go for ! $BTC #BitcoinETFs #HKETF #bitcoinhalving #Fed
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Binance Completes 27th Quarterly Token Burn: Can BNB Hit $800?
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"Bitcoin Faces Potential Downward Pressure, Warns Crypto Analyst" Bitcoin's price, around $63,800, is causing concern as analyst Ali Martinez identifies two troubling signs on the charts. First, a 'death cross' between the 50 and 100 Simple Moving Averages suggests a potential shift from bullish to bearish sentiment. Second, the appearance of a red 9 candlestick from the TD Sequential indicator indicates possible price exhaustion. If Bitcoin falls below $63,300, it could test support at $61,000 or even $59,000. With the current price down 16% from its peak, uncertainty looms over whether Bitcoin will follow the bearish signals or stage a bullish recovery. How to cover the losses ? Recently , Tax Loss Harvesting is found to be a way to gain on these unrealised losses. You can learn more about it with us, comment THL to know more ! #Bitcoin #HotTrends #Trending #BTC $BTC
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XRP Primed for a 3,000% Surge, Analyst Predicts. 🤑🚀 In the midst of the cryptocurrency market's whirlwind, XRP has caught the attention of analysts with a recent 5.1% surge, now trading at $0.511. EAGRAG CRYPTO, a prominent voice in the crypto sphere, is predicting an impressive ascent for XRP, ranging from 1,000% to a staggering 3,000%. The focal point of this bullish outlook lies in XRP's symmetrical triangle formation, which has been gradually evolving since 2017. Analysts interpret this pattern as a strong signal for potential growth. If XRP successfully completes this formation, its price could catapult to anywhere between $10 to $30. Despite recent market downturns, EAGRAG CRYPTO remains steadfast in their belief that now is an opportune time to invest in XRP. Dismissing concerns of further decline, they urge investors to consider the potential for substantial gains as the projected surge unfolds. For those eyeing XRP, this analysis serves as a compelling insight into the cryptocurrency's potential trajectory. As always, investors are encouraged to conduct thorough research and consider their risk tolerance before making any investment decisions. Stay tuned for updates as XRP continues its journey within the volatile yet promising world of cryptocurrencies. $XRP #xrp  #ripple  #RippleXRP?  #BullorBearn  #bitcoinhalving
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