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Alex Harrison
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šŸ’¹šŸ”„Crypto Analyst PlanB: Bitcoin Set for $100,000 Surge, $500,000 Long-Term Target šŸ‘‘Cryptocurrency analyst, PlanB has identified a developing trend in the Bitcoin cycle following the recent halving event. In a video upload, PlanB used multiple chart indicators, including his proprietary Bitcoin Stock-to-Flow model (S2F), to compare BTCā€™s trend with past bull cycles. Using the S2F model, PlanB demonstrated that Bitcoin is primed for the next leg of the bull run, having completed an initial phase shortly after last Aprilā€™s halving event. Per the analysis, closing last month slightly above $67,000 confirms the start of the new cycle. The analyst predicts Bitcoin will surge similarly to the previous halving cycle, forecasting a $500,000 target for the flagship cryptocurrency in the upcoming bull cycle. Meanwhile, PlanB shared details of the Bitcoin Market Cycle indicator, confirming the market has entered a bull cycle. However, he advised his followers to remain patient until the price begins to rise rapidly. Similarly, he noted a Relative Strength Index (RSI) increase that resembles the indicatorā€™s performance ahead of the 2012 bull run. PlanB highlighted that the RSI signal is in an early stage and provides valuable information to traders. Continuing his analysis, PlanB posted the Bitcoin 200 Week Moving Average (WMA), showing it is in a rising trend that he expects to continue. The analyst showed how the 200 WMA trend coincides with a bull market signal to confirm the potential Bitcoin surge. He believes that the signal is enough to push Bitcoin to $100,000 soon. Using the Bitcoin Realized Price indicator, PlanB further supported his bullish prediction for Bitcoin. He compared the indicatorā€™s trend with historical data, showing that its current level suggests the imminent start of a Bitcoin rally. He used the indicatorā€™s behavior to predict Bitcoin would not drop below $64,000 before embarking on the expected price increase. #EarnFreeCrypto2024 #StartInvestingInCrypto #Megadrop $BTC $ETH

šŸ’¹šŸ”„Crypto Analyst PlanB: Bitcoin Set for $100,000 Surge, $500,000 Long-Term Target

šŸ‘‘Cryptocurrency analyst, PlanB has identified a developing trend in the Bitcoin cycle following the recent halving event. In a video upload, PlanB used multiple chart indicators, including his proprietary Bitcoin Stock-to-Flow model (S2F), to compare BTCā€™s trend with past bull cycles.

Using the S2F model, PlanB demonstrated that Bitcoin is primed for the next leg of the bull run, having completed an initial phase shortly after last Aprilā€™s halving event. Per the analysis, closing last month slightly above $67,000 confirms the start of the new cycle. The analyst predicts Bitcoin will surge similarly to the previous halving cycle, forecasting a $500,000 target for the flagship cryptocurrency in the upcoming bull cycle.

Meanwhile, PlanB shared details of the Bitcoin Market Cycle indicator, confirming the market has entered a bull cycle. However, he advised his followers to remain patient until the price begins to rise rapidly. Similarly, he noted a Relative Strength Index (RSI) increase that resembles the indicatorā€™s performance ahead of the 2012 bull run. PlanB highlighted that the RSI signal is in an early stage and provides valuable information to traders.

Continuing his analysis, PlanB posted the Bitcoin 200 Week Moving Average (WMA), showing it is in a rising trend that he expects to continue. The analyst showed how the 200 WMA trend coincides with a bull market signal to confirm the potential Bitcoin surge. He believes that the signal is enough to push Bitcoin to $100,000 soon.

Using the Bitcoin Realized Price indicator, PlanB further supported his bullish prediction for Bitcoin. He compared the indicatorā€™s trend with historical data, showing that its current level suggests the imminent start of a Bitcoin rally. He used the indicatorā€™s behavior to predict Bitcoin would not drop below $64,000 before embarking on the expected price increase.

#EarnFreeCrypto2024 #StartInvestingInCrypto #Megadrop $BTC $ETH

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ChatGPT-4o predicts Bitcoin price as U.S. CPI inflation cools Bitcoin (BTC) gained $1,500 in seconds as the May print of the Consumer Price Index (CPI) showed inflation cooling faster than expected. The most awaited U.S. Consumer Price Index (CPI) data today revealed that inflation remained unchanged at 0.3% in May, surpassing market estimates. Notably, market watchers were eagerly anticipating this crucial inflation data for insights into the current economic health and the potential stance of the U.S. Federal Reserve with their policy rate plans. The cooling inflation figures have significantly boosted market sentiment, causing Bitcoin and other altcoins to surge. Following the CPI data release, Bitcoin surged 3.60%, reaching $69,411.30. Altcoins like Ethereum (ETH) and Solana (SOL) also saw substantial gains, rising nearly 3% and 4%, respectively. This positive market reaction underscores the critical role of inflation data in shaping investor expectations and market dynamics. ChatGPT-4o Bitcoin price prediction With the upcoming Federal Open Market Committee (FOMC) meeting, traders and investors are keenly focused on potential interest rate decisions. In this context, Finbold provided technical analysis and market projections to ChatGPT-4o for a one-month BTC price prediction. This period is chosen to capture the immediate aftermath of the FOMC meeting and the typical short-term market response to significant economic events. Considering the cooling CPI data and its impact on market sentiment, ChatGPT-4o forecasts a favorable environment for Bitcoin. If the FOMC maintains the current rates, Bitcoin is likely to trade between $70,000 and $73,000. However, in the less likely scenario of a rate cut, Bitcoin could see more pronounced gains, trading between $73,000 and $75,000 #BTCFOMCWatch #CPIAlert #TopCoinsJune2024
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XRP Will Hit $250 In This Market Cycle Steingraber mentioned in an X (formerly Twitter)Ā postĀ that XRP will reach $250 by 2025, which he believes will represent theĀ market topĀ for the crypto token inĀ this bull run. He made this prediction while stating that Bitcoin and Ethereum will hit $250,000 and $25,000 in 2025, which will also be their market top. #EarnFreeCrypto2024 Steingraber hasĀ previously providedĀ several reasons why he is so bullish on XRP and believes the crypto token could attain such heights. He once alluded to a potential XRP ETF as one factor that could trigger significant price surges for XRP. He explained that an XRP ETF would give the crypto token an added utility as fund issuers for theĀ XRP ETFsĀ will direct their assets into an institutional liquidity hub. #IOprediction He believes anĀ XRP ETFĀ will drive more demand for the crypto token, ultimately driving up its price when a supply shock occurs. Steingraber also believes that theĀ Securities and Exchange Commissionā€™s (SEC)Ā lawsuit against Ripple is one of the factors suppressing XRPā€™s price up until now. #Binance200M He had earlier claimed that XRPā€™s price wasnā€™t going up because new money wasnā€™t flowing into its ecosystem and affirmed that the crypto token would likely see an influx of new money once theĀ SECā€™s case against RippleĀ is over. Steingraber isnā€™t the only one who believes that XRPā€™s price could skyrocket and climb to three figures once the lawsuit ends. #bitcoin Crypto analyst JackTheRipplerĀ alsoĀ predictedĀ that XRP would rise above $100 once the case ends. The analyst even gave a more bullish prediction than Steingraberā€™s, stating that XRP hitting $10,000 was achievable after the lawsuit. Crypto analyst CryptoBull alsoĀ predictedĀ that XRP could reach three figures, rallying 28,900% to $154. #TopCoinsJune2024
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Here's when XRP will hit $5, according to ChatGPT-4oHere's when XRP will hit $5, according to ChatGPT-4o Catalyst behind XRPā€™s push to $5 ChatGPT-4o acknowledged that historically, XRP reached its peak of approximately $3.84 in January 2018 but has since experienced notable volatility without revisiting such highs. Regulatory developments, particularly the outcome of the Securities Exchange Commission (SEC) lawsuit against Ripple Labs, significantly influence XRPā€™s price. ChatGPT-4o noted that a favorable resolution could instill confidence among investors and drive the price upward. Furthermore, increased adoption of Rippleā€™s technology by financial institutions and broader utilization of XRP as a bridge currency could positively impact its price. Market trends, often influenced by Bitcoinā€™s performance, play a pivotal role in shaping the trajectory of altcoins like XRP. When will XRP hit $5? Assuming favorable regulatory outcomes, heightened adoption rates, and a bullish market trend, ChatGPT-4o suggested that XRP could potentially achieve the $5 mark during the next major bull run, which historically occurs every three to four years. Considering these factors and the current market landscape, it appears plausible to anticipate XRP hitting $5 around the year 2025 or 2026, provided favorable conditions XRP price analysis At the time of reporting, XRP was trading at $0.50, showing signs of recovery from the flash crash experienced on June 7. Over the past 24 hours, XRP has seen nearly a 1% increase, while on the weekly chart, the token has declined by almost 4%In the meantime, for XRP to reach $5, the token needs to reclaim $1, as any #TopCoinsJune2024 #BnbAth #Binance200M
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šŸŽ‰šŸŽ‰Today I received write to earn reward 0.30 $$FDUSD If you want to get free FDUSD reward. First of all check my profile first pinned post and get free FDUSD. Like and comment. #EarnFreeCrypto2024 #BnbAth
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#EarnFreeCrypto2024 India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto India's election results are underwhelming for Prime Minister Narendra Modi's ruling party. If Modi is able to persuade his allies to stay, the government will continue, albeit with less power. Crypto was at best a negligible issue for voters and certainly not a political talking point during campaigning in the world's largest democracy. India's voters sprung an election surprise on Prime Minister Narendra Modi's party, awarding it a smaller share than forecast in preliminary results, sending stock markets crashing and likely pushing crypto legislation further into the future. While Modi's Bharatiya Janata Party (BJP) and its allies are poised to return to power, they didnā€™t hit the supermajority mark of 370 plus seats in Indiaā€™s 543-seat lower house of parliament, which they predicted. In fact, the BJP alone did not hit the halfway mark of 272, which it had comfortably crossed in the 2019 election. The result hands kingmaking power to his allies, and the opposition led by the Indian National Congress could attempt to lure them away. On June 1, exit polls had predicted a comfortable victory for the BJP and its allies, resulting in record highs for the country's stock markets. As results trickled in on Tuesday, stocks lost more than $350 billion in value in a matter of hours. The Nifty and the Sensex sank as much as 8.5% at one stage, before recouping some of the declines. "The election results were a true black swan event that no one saw coming," said Rajagopal Menon, vice president of Indian cryptocurrency exchange WazirX. "In the short term, markets will remain jittery as they despise instability. Once the new government takes office, things should return to normal." #StartInvestingInCrypto
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