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The Bitcoin Price May Never Fall Below $70,000 Again The US presidential election results are all that remain. While the elections were underway, Bitcoin traded slightly over $70,000. This price should be watched since history suggests it may be Bitcoin's future support. This behavior is related to Bitcoin prices in prior US elections. The Bitcoin Price May Never Fall Below $70,000 Again Bitcoin has been rising since Monday, when it rallied from $67,000. Bitcoin averaged $70,110 during the 2024 presidential elections as this run continued. Bitcoin's value has fluctuated over U.S. election cycles, marking important price points that build long-term support. We must examine the prior four election cycles to understand this tendency. It seems unfathomable that Bitcoin traded at $10 on US presidential election day in 2012, when the crypto sector was only starting off. Bitcoin's election-day price reached $710 in 2016, a record it has never surpassed. The most intriguing was what occurred after the 2020 US presidential election, when Bitcoin was $13,555. From then till now, Bitcoin has never returned to this price threshold. Even more intriguing, this price point was the lowest support level during the 2022 bear market plunge. These historical tendencies suggest that Bitcoin's 2024 election-day price of $70,110 might become a price floor in the future. This level might be crucial if a bear market breaks out. Bitcoin is over $73,200 following a 24-hour rally. Bitcoin rose over 10% in a day to $75,358. After surpassing $73,737 in March 2024, this is Bitcoin's highest trading level. The Bitcoin price has dropped back somewhat owing to investors cashing in on recent gains, but the climb could continue soon. Bitcoin might challenge $80,000 before November if purchasing enthusiasm continues to fuel the increase. #Trump47thPresident #BTCBreaksATH #NovemberMarketAnalysis $BTC
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The SHIB Price Could Rise 150% to 200%? Shiba Inu, a dog-themed meme currency, is gaining popularity after a price rally at the start of the week due to market optimism. Despite recent price changes, experts believe SHIB may rise short-term. Key bullish breakout for Shiba Inu Market analyst and enthusiast Javon Marks reiterated his positive prognosis for Shiba Inu, confirming the meme coin's track toward $0.000018. The altcoin market is optimistic, and SHIB's recent consolidation period may lead to a breakthrough toward the goal level. A proven breakout from major bullish patterns and technical indicators suggests SHIB will rise soon, according to the expert. Shiba Inu has sustained its breakout and confirmed a bull pattern using the Relative Strength Index on the daily chart, according to the expert. The entire SHIB objective is $0.000081. Javon Marks also said that a breakthrough from a falling wedge pattern supports the meme coin's next leg up to the price level, confirming his trust in Shiba Inu. An upward price reversal is suggested by a falling wedge technical chart pattern. A bullish chart pattern with two converging trend lines that slope downward indicates lower volatility and price range. Since a falling wedge formation suggests an optimistic price reversal, Javon Marks' prediction suggests SHIB may be ready for a recovery that might lead to its next price surge. As the meme currency smashes through numerous key resistance levels on its approach to $0.000081, investors and traders are keenly monitoring the chart formation and SHIB's growth. Shiba Inu's price behavior continues to inspire crypto experts' daring forecasts. World of Charts, another market analyst and investor, thinks SHIB might rise 200% after evaluating its price performance. The consolidation of SHIB bullish pennants beneath the crucial Descending Broadening Wedge trendline suggests a big meme coin breakout, according to World of Charts. The expert expects SHIB to break out and cause a 150%–200% price increase. #SHIB $SHIB
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Ripple CEO’s light hearted tweet to Donald Trump about SEC & Gensler
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Takeoff for Shiba Inu? Analyst foresees 10-fold increase in annual peak Shiba Inu (SHIB), the memecoin, is back in the spotlight after a crypto expert predicted a tenfold market value increase. Zach Humphries suggested many factors that might boost SHIB's market valuation to $100 billion and price to $0.000171, a 890% rise. Humphries, known for his memecoin market analysis, thinks SHIB might rise despite its low price. Humphries' latest analysis focuses on SHIB's core assets. Its brand strength, dedicated community, and probable return of retail investors prepared to take another memecoin risk are among these. Community Support & Brand Power Humphries feels SHIB's strong brand awareness boosts its appeal. Due to its devoted following, Shiba Inu has become a memecoin icon. After the 2021 event, SHIB supporters stayed involved, keeping the group relevant in a competitive field. Humphries believes SHIB's brand power and meme token market standing give it an edge against newer coins. Humphries also observes that in the unpredictable cryptocurrency market, a well-known token like Shiba Inu may seem safer for first-time investors. If the cryptocurrency market improves, SHIB's price and reputation may rise. This investment boom might help SHIB reach its $100 billion objective, says Humphries. Together with Humphries, analyst “World Of Charts” predicted technical trends. SHIB broke out, implying a 200% advance that might send it closer to annual highs. SHIB's comeback to $0.00001784 gives traders optimism. World Of Charts currently views SHIB's breakthrough above the main resistance trendline as another growth catalyst. If the breakout holds, SHIB will rise again with this descending expanding wedge formation. Hit the Target, Shiba Inu? Humphries and World Of Charts portray a positive image but foresee problems. A $100 billion market value is overly ambitious for a memecoin and requires sustained growth. #SHIB #Memecoins $SHIB
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Bitcoin Rose to $75,407 After Donald Trump Won the US Presidential election.
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