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Will $80,000 be inevitable as #Bitcoin bulls await the $15 billion options expiration? For Bitcoin bulls in particular, there's cause for celebration as the deadline for the cryptocurrency options exchange Deribit to settle its $15 billion contracts in Bitcoin (BTC) and Ethereum (ETH) approaches. As early as this weekend or next week, there's a chance that $80,000 could be waiting for them. As crypto analyst CryptoJelleNL pointed out in an X post on March 29, Bitcoin is still trading above its 2021 ATH, and a breakthrough might happen this weekend or next week. This is happening against the background of the imminent expiry of $15 billion in digital assets. Bitcoin market forecast Also, the anonymous crypto trader has given his BTC price forecast, which states that the flagship DeFi asset will reach $80,000 in "a matter of time," after recently breaking out of its falling expanding wedge and beyond its weekly support. Analysis of the Bitcoin market and price forecast Analysis of activity and forecast of Bitcoin price. According to CryptoJelleNL The crypto expert had previously brought attention to the fact that Bitcoin has broken out of the cup-and-handle chart pattern, which is a common occurrence after an upswing and indicates that the market is getting ready "for a new move higher," with a "target of roughly $80,000" projected for Bitcoin. The first cryptocurrency asset was trading hands for $70,140 as of this writing, down 0.86% on the day but up 9.19% for the week and a substantial 18.08% for the month, according to the most recent statistics from March 29. Notably, according to Finbold's report from March 28, crypto specialist TradingShot has pegged Bitcoin's price at $200,000. This target is based on the asset's outstanding resistance and previous patterns, so it's possible that Bitcoin might see even more impressive gains this cycle. Things are looking good for Bitcoin's future price, but the cryptoverse isn't always stable, and it's hard to make a firm forecast on Bitcoin's price, so investors must do their own study. #BullorBear #BTC

Will $80,000 be inevitable as #Bitcoin bulls await the $15 billion options expiration?

For Bitcoin bulls in particular, there's cause for celebration as the deadline for the cryptocurrency options exchange Deribit to settle its $15 billion contracts in Bitcoin (BTC) and Ethereum (ETH) approaches. As early as this weekend or next week, there's a chance that $80,000 could be waiting for them.

As crypto analyst CryptoJelleNL pointed out in an X post on March 29, Bitcoin is still trading above its 2021 ATH, and a breakthrough might happen this weekend or next week. This is happening against the background of the imminent expiry of $15 billion in digital assets.

Bitcoin market forecast
Also, the anonymous crypto trader has given his BTC price forecast, which states that the flagship DeFi asset will reach $80,000 in "a matter of time," after recently breaking out of its falling expanding wedge and beyond its weekly support.

Analysis of the Bitcoin market and price forecast
Analysis of activity and forecast of Bitcoin price. According to CryptoJelleNL
The crypto expert had previously brought attention to the fact that Bitcoin has broken out of the cup-and-handle chart pattern, which is a common occurrence after an upswing and indicates that the market is getting ready "for a new move higher," with a "target of roughly $80,000" projected for Bitcoin.

The first cryptocurrency asset was trading hands for $70,140 as of this writing, down 0.86% on the day but up 9.19% for the week and a substantial 18.08% for the month, according to the most recent statistics from March 29.

Notably, according to Finbold's report from March 28, crypto specialist TradingShot has pegged Bitcoin's price at $200,000. This target is based on the asset's outstanding resistance and previous patterns, so it's possible that Bitcoin might see even more impressive gains this cycle.

Things are looking good for Bitcoin's future price, but the cryptoverse isn't always stable, and it's hard to make a firm forecast on Bitcoin's price, so investors must do their own study.

#BullorBear #BTC

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💵💵💵Bitcoin Whales Rise: More Wallets Hold 10+ BTC As the number of wallets with 10 or more BTC has hit a record high, BTC whales are becoming more visible on the cryptocurrency market amid unfavorable sentiment about Bitcoin and the digital asset industry. As Bitcoin navigates market volatility and regulatory hurdles, this increase shows tremendous faith in its long-term worth. It also shows that BTC has robust underlying strength, which supports market confidence. According to blockchain analytics company Santiment, the number of these substantial holdings has risen at a level not seen before 2022, suggesting a purposeful drive by important players to enhance their positions in the leading cryptocurrency asset. holding 82% of supply controlled by wallets holding 10 or more BTC since February 2022, on-chain data reveals a revival of faith in the cryptocurrency's long-term value. This trend is crucial given the bitcoin market's volatility and regulatory uncertainty. Santiment said that Bitcoin's value has increased by almost 226% since then, proving its potential in the crypto market. Wallets with 10+ Bitcoin holdings have equaled their two-year-old level. Since then, Bitcoin's market value has risen 226%. The analytics tool highlights the crypto community's conviction that FTX's fall in 2022 reduced cryptocurrency values in the second half. Since the exchange's November 2022 death, the overall market value of Bitcoin has correlated with wallets holding more than 10 BTC. The increased number of substantial holdings is notable because whales can affect market dynamics, notably price stability and liquidity. Thus, their stockpiling of the flagship currency may indicate confidence and boost prices. Even if this accumulation may be positive, it's necessary to face the market recognizing the hazards. BTC Giants Considered Useless TOBTC, a trading site, highlighted various analysts' thoughts on these occurrences, which are usually favorable for price movement. #bitcoin #BTC #Whales $BTC
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Looking good for Ripple's pricing! The price of ripple surges beyond $0.499, the daily resistance level, on Monday. XRP development activity seems to be on the rise, according to on-chain statistics. The bullish thesis would be rendered invalid if the daily candlestick closes below $0.450. On Monday, the price of Ripple (XRP) surpassed the $0.499 daily barrier level. According to on-chain statistics, XRP development activity is on the rise, which means bulls are getting ready to make a move. With a 3.2% increase, Ripple's price finished Monday above $0.499, the level that had previously served as barrier. around the moment, XRP is encountering opposition around $0.515, which is its 50-day Exponential Moving Average (EMA). With a 7% increase from $0.499 to $0.532, its prior high on June 5, is possible if Ripple price finds support at $0.499 and above the 50-day exponential moving average at $0.515. Both the RSI and the Awesome Oscillator are below their respective zero lines, indicating a lack of momentum. To confirm that bulls are on the mend, both momentum indicators must stay above their respective 50 and 0 moving averages. The recovery rally would get a boost from such a scenario. With a bullish market sentiment and a generally optimistic crypto-market forecast, XRP has the potential to gain an extra 9% to $0.581, a price retracement level of 50% between $0.419 and $0.744 between March 11 and April 13. With Santiment, you can monitor how often events related to project development are documented in the public GitHub repository. Investors and stakeholders often see an increase in this statistic favorably since it indicates ongoing efforts to maintain, develop On the other side, if this indicator starts to go down, people may start to worry about the project's longevity, ability to innovate, and community involvement going forward. The index, following XRP's lead, increased from 10.29 on June 13 to 10.91 on June 17. The positive prognosis is also supported by the 6% jump in XRP's Development Activity. #XRP #Ripple $XRP
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Is Ethereum About to Set a New Record? Renowned Expert Predicts $5,000 Arrival Soon Jelle, a well-known crypto expert, predicted that Ethereum's (ETH) value would jump above $5,000 by year's end. From a technical standpoint, there is a significant rationale for this forecast. An Ethereum Rally That Will Launch It To New Heights After a fall from its March high of over $4,000, Ethereum is now showing signs of stability above the $3,500 level, which coincides with Jelle's estimate. The crypto community is keeping a careful eye on Jelle's findings, which point to strong potential for Ethereum. This is especially true given that the market is expecting spot Ethereum ETFs to be launched soon. Ethereum is approaching a turning point, according to Jelle's research. Ethereum has recovered from a short price slump, falling as low as $3,384 last Friday. The commodity is now trading at $3,500, showing signs of recovery despite a 2.2% reduction in the previous 24 hours and roughly 5% decrease over the last week. Significant price fluctuations may be ahead, but this stability is only a little fluctuation at a crucial support level. The Ethereum network "successfully turned $3,500 into support," said Jelle. The possibility of $5,000 in Ethereum is certainly on the table this year, while few are prepared for it to reach new all-time highs. Shall we begin? This declaration reaffirms the firm belief that Ethereum is on the mend and preparing for a meteoric rise. There is much reason to be optimistic given the present state of the market. Ethereum's ability to hold critical support levels even when markets fluctuate is encouraging, suggesting it may be able to break through its prior highs. Institutional and retail investors are interested in Ethereum because of its ecosystem, the prospect of increased liquidity, and its potential for regulatory compliance; the launch of spot Ethereum ETFs is expected to give its market cap greater impetus. #ETHETFsApproved #ETH $ETH
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#MarketSentimentToday It is suggested by President #Bukele that a bank be established for Bitcoin investors As a significant step toward their plans on the economic front, Milena Mayorga, they are seriously considering the establishment of a bank for private investment (BPI), which will make it possible to introduce multiple opportunities with regard to financing, targeting prospective investors dealing in Bitcoin. This will be a significant step toward their plans. Max Keiser, who serves as the Senior Bitcoin Advisor to President Bukele, is of the view that the Bitcoin bank idea is President Bukele's method of communicating to the rest of the world the path that he plans to lead the nation in. Just fourteen days after Bukele was elected President for yet another five-year term, the recommendation was made. Bukele will serve for another five years. Bukele's preference for Bitcoin, on the other hand, has been subjected to a number of turbulent periods ever since El Salvador launched the initiative to use Bitcoin as a form of authorized money in the year 2021. As a result of his efforts to suppress criminal organizations like Mara Salvatrucha and Barrio, Bukele was able to garner an enormous amount of support. There is a growing sense of optimism over Bitcoin now that he is back in the driver's seat. #BTC #bitcoin $BTC
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Will Solana Survive Its Recent Setbacks? Shares Fall Sharply to $146 Currently, there are substantial price obstacles for SOL, the native token of Solana, a top blockchain platform known for its unique technologies and lightning-fast transactions. With all the ups and downs in the cryptocurrency market, the positive trajectory of Solana's price has run into some resistance levels. In an effort to predict SOL's future performance, investors and analysts are keeping a careful eye on these changes. Examining the present and future pricing challenges encountered by Solana, as well as offering forecasts on the potential effects of these challenges on its market performance, this article goes into great detail. Investors attempting to traverse the murky waters of Solana's price fluctuations would do well to familiarize themselves with these factors. Trading at about $146 during the last 24 hours, SOL's price has dropped 5.40 percent, contributing to its market value of more than $67 billion. The trading volume for the company is more than $1.3 billion. Its market value rose 0.64 percent and its trading volume by 40.90 percent despite the price drop. Two bearish candlesticks have fallen on the 4-hour chart, signaling that the price of SOL has resumed its downward trend following an unsuccessful effort at an upward climb. In addition, the fact that Solana's current price is below its 100-day SMA suggests that the trend may continue in a negative direction. It should be mentioned that this is only a short-term measure because the price will eventually drop even further. However, the composite trend oscillator indicator on the 4-hour chart suggests that SOL's price may move upwards as both the signal line and the SMA of the indicator are heading toward the zero line. At the same time, a bearish candlestick with great momentum is trying to be dropped from the 1-day chart, and Solana is trading below the 100-day simple moving average (SMA). #Solana #Sol $SOL
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