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More Pain: Over $1 Billion of Liquidations as Bitcoin Slides to $61,000
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Hi Guys, It's Big & BIg #alert About $SHIB Rally 44,000% Soon !!! Top Trader Predicts 44,000% Rally For Shiba Inu Price If This Happens Discover how a top trader predicts a 44,000% rally for Shiba Inu price if key conditions are met, including an increased token burn rate. Shiba Inu price has suffered with the rest of the market, losing as much as 10.5% and trading around $0.00001652. The meme coin is still popular in the crypto community for its potential for massive gains. A top trader has predicted that SHIB price has the potential to go on a 44,000% rally, but only if certain conditions are met. Shiba Inu Price If It Skyrockets 44,000% A former member of the IBM blockchain team and crypto analyst has predicted that Shiba Inu may be about to go on a 44,000% bull run. The trader pointed out that the first SHIB price run was also a 44,000% upswing when launched. This historical performance sets a precedent for what could happen if the price of SHIB breaks out of its current prolonged consolidation zone. According to the trader, meme coins could lead the crypto market into the last phase of this bull cycle. A 44,000% increase from the current price means SHIB would increase to $0.00726. Meme Coins Could Lead the Next Cycle Meme coins have a unique appeal due to their strong community support and viral nature. For instance, Degen (Base) (DEGEN) secured a potential listing on Coinbase together with their io.net (IO). However, the response from the price of these two crypto projects is telling. While DEGEN skyrocketed over 100% in less than 24 hours, IO price dropped 14.9%. The difference is community. The combination of technical patterns and community enthusiasm makes Shiba Inu a coin to watch closely. Can SHIB Price Reach $0.00726? Shiba Inu has a current market cap of 9.7 billion. A 44,000% increase in price means the market cap would swell by 440 times. This would bring it to a $4.268 trillion valuation. #BinanceLaunchpoolHMSTR #EIGENonBinance #BTCReboundsAfterFOMC #Write2Earn!
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Is Solana To Break Out? Analyst Predicts New Highs Amid Market Turmoil! Solana, the fifth-largest cryptocurrency by market cap has shown its resistance amidst the rising geopolitical tension. While other cryptos are struggling, analyst Crypto Jelle believes Solana’s steady performance hints at a major breakout ahead. Could Solana be ready to soar to new highs once the market stabilizes? Solana Holds Strong Aim To Hit ATH According to crypto analyst Jelle, Solana is slowly making its way towards higher levels, despite the market bleeding for months. While many other cryptocurrencies have experienced sharp losses in recent months, Solana has managed to hold its ground. $SOL is looking more and more ready for the next leg higher. Never broke down from the consolidation despite the entire crypto market bleeding for months, and now slowly making its way towards the highs. Expecting new all-time highs before the year is out. Even though Solana is currently down about 35% from its all-time high of $259, it has not broken down from its consolidation phase. Recently, SOL has been moving sideways after reaching the $205 mark. Currently, it is trading around $146, reflecting a nearly 7% drop in the past 24 hours. This recent dip is mainly due to rising global tensions, particularly in the Middle East, which have created uncertainty in the financial markets including the crypto space. Despite this short-term setback, Jelle believes that Solana’s ability to maintain a steady path, even with the current market volatility, indicates that it could soon start a new upward move. He predicts that if the market stabilizes and investor confidence returns, Solana could work its way back to its all-time high of $259 and possibly even surpass it before the end of the year. Solana Price Analysis Since the past few weeks, Solana has been under heavy selling pressure, especially in September, when the downward trend became more noticeable. $SOL #BinanceLaunchpoolHMSTR #EIGENonBinance #BTCReboundsAfterFOMC #Write2Earn! #moonbix
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Bitcoin ETFs break 8-day inflow streak as outflows spike to $242 million
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Is the Bitcoin Price in Danger of Dropping to $42K? Here’s a Worrying Scenario Fear and panic have gripped crypto markets again, with analysts predicting doom and gloom price crashes for Bitcoin. What a difference a couple of days makes, from bullish ‘Uptober’ momentum to bearish price predictions. Bitcoin slumped around $4,000 in the wake of the Iranian missile attack on Israel, and negative sentiment has seeped back onto crypto social media. However, zooming out shows that BTC is still within its range-bound channel, which has continued for the past half a year. A Fall to $40K Possible? On Oct. 2, ITC Crypto founder Benjamin Cowen painted a very gloomy picture based on historical price action following Federal Reserve interest rate cuts. Bitcoin rallied for two weeks following the first rate cut in 2019. However, it then tanked to the 100-week moving average in the months that followed. If history rhymes, a similar fall to the same technical indicator would put BTC prices back at around $42,000 by mid-November, he said. However, the suggestion does not take into account that 2019 was the middle of a bear market, and it was not a halving year, which makes a difference. Nevertheless, other analysts also suggested something similar but provided no rationality, later describing it as a ‘shitpost.’ As market analyst Miles Deutscher pointed out in a post on X on Oct. 1, there are plenty of reasons to remain bullish. Increasing global liquidity through M2 money supplies, rate cuts, which are usually good news for riskier assets, China’s economic stimulus measures, an approaching US election where crypto is a focus, and a traditionally bullish period for crypto in Q4 are some of them. On Oct. 2, ‘Ash Crypto’ told his 1.1 million X followers that this was “a big shakeout.” He added that October will start with a dump, and we will see a sideways chop for most of the month before things lift off. $BTC #BinanceLaunchpoolHMSTR #EIGENonBinance #BTCReboundsAfterFOMC #Write2Earn! #BTC☀
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Bitcoin ‘No Longer Bearish’ As Several Indicators Turn Green, Says On-Chain Analyst A popular on-chain analyst says Bitcoin (BTC) is no longer looking bearish based on several key indicators. Pseudonymous on-chain sleuth Checkmate tells his 98,300 followers on the social media platform X that Bitcoin’s Active-Value-to-Investor-Value (AVIV) ratio has moved from a downtrend signal to a neutral one. The AVIV is the ratio between the active capitalization, which excludes lost or inactive coins, and the realized capitalization of investors, the price at which the BTC was purchased. The indicator helps gauge whether Bitcoin is overbought or oversold. “Bitcoin market momentum is back to neutral across multiple timeframes. Not strictly bullish, but no longer bearish (which is kinda bullish…relatively speaking).” Next, the analyst says the Bitcoin short-term holder (STH) supply metric, which tracks the amount of coins held for less than 155 days, is starting to flash bullish. “Based on short-term holder supply, the Bitcoin market is no longer ‘top heavy.’ This means the majority of recent buyers are back in profit, and all things being equal, is more likely to improve sentiment.” Lastly, the analyst says that Bitcoin seems to be moving in tandem with gold and stocks, which are in an uptrend. “Bitcoin is currently very correlated with Gold, and equities over the last 30-days. Which I suppose is kinda good, considering those assets are all hitting new ATHs (all-time highs).” $BTC #BinanceLaunchpoolHMSTR #EIGENonBinance #BTCReboundsAfterFOMC #Write2Earn! #moonbix
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