#Write2Win #Bitcoin❗ IS IT POSSIBLE TO REACH $100,000? HERE'S THE ANSWER YOU NEED TO KNOW. Global currency liquidity increased at an annual rate of over 6%, marking the fastest growth since April 2022. The increase in global liquidity, now above 6% year-on-year, has grown at its fastest pace since April 2022 and is expected to impact $BTC * CYCLIC GROWTH TREND. This growth rate follows a four-year cycle, similar to the April 2020 period. Increased liquidity could push up the prices of risk assets, including Bitcoin, in the medium term.
10x Research founder and CEO Markus Thielen believes Bitcoin will hit a new record high in Q4. The US Federal Reserve's decision to cut interest rates by 50 basis points has sparked a recovery in global markets, including Bitcoin and cryptocurrencies. Gold prices, BTC’s biggest rival following the decision, have risen more than 5% over the past two weeks, hitting a new record of $2,629 per ounce on September 23.
CrediBULL is particularly interested in XRP, seeing the altcoin on the verge of a significant price move after years of consolidation. The analyst notes that the asset has been moving sideways since 2017, largely due to the SEC lawsuit.
Now that the lawsuit has been settled, the analyst believes XRP is ready to break back to its ATH of $3.1. He even believes it could potentially break out to $3.35.
Bitcoin Weekly RSI Creates a Price Target of $85,000 Currently holding at $62,000, Bitcoin is expected to continue its strong rally, with the first target at $85,000.
The Crypto Titan, based on the weekly relative strength index (RSI) chart, believes that momentum is increasing, helping the market reach new highs.
“The medium-term target is $85,000. The weekly RSI shows a strong breakout before the end of the year,” he summarized.
The RSI is an indicator that helps identify local tops and bottoms, providing information on trend strength. The RSI has now crossed the important 50/100 level, breaking the downtrend that has been in place since March. #Write2Win #BinanceTurns7 #TopCoinsJune2024 #MarketDownturn $BTC $ETH $XRP
The Crypto Titan added that if September ends on a positive note, the trend will continue into Q4.
MicroStrategy President Michael Saylor Predicts XRP Will See a Big Jump If Bitcoin Hits $13 Million . His bold prediction has crypto investors wondering how this could affect altcoins like XRP.
Michael Saylor believes that Bitcoin could hit $13 million by 2045. He believes that Bitcoin could account for 7% of global capital because it has no counterparty risk. However, MicroStrategy has invested over $9.49 billion in Bitcoin since 2020 and the investment has increased by 825%.
Recent XRP Market Activity
Recently, someone transferred 30 million XRP ($17.4 million) from the South Korean exchange Upbit . This has some investors optimistic. At the same time, XRP trading on Upbit has increased quite a bit. #Write2Win #BinanceTurns7 #TopCoinsJune2024 #MarketDownturn $BTC $XRP
BTC price has dropped slightly to $63,900, but an explosive move is expected by the end of 2024. In a post on X on September 21, the Titan of Crypto investor and analyst forecast a “mid-range” 35% rally for the BTC/USD pair. Analyst Counts Down to Bitcoin Boom by Year-End Bitcoin is currently holding the $62,000 price point at its weekly close, after recovering significantly from the $10,000 support level in September.
BTC has pulled back slightly to $63,900, but is forecasting an explosive move by the end of 2024. In a September 21 X post, the Titan of Crypto investor and analyst predicted a 35% “intermediate” rally for BTC/USD #Write2Win #MarketDownturn #TopCoinsJune2024 #BinanceTurns7 $BTC $ETH $XRP
- Frame D1: $BTC has increased from 53k to 63k in 2 weeks. Currently, the buying force is still quite steady when the price moves close to the previous peak of 64k4-65k. It is likely that the price will run up to 65k to clear liquidity. This is also the KC zone of the previous peak. Coincidentally, the liquidity chart also shows that there are about 100M liquidation orders spread from 63k5-65k.
- Frame H1: $BTC Still creating an uptrend in the short term. Continuously creating higher bottoms and tops. Many swoops appear and the price starts to move sideways. There are no signs of creating a downtrend. Therefore, the short-term plan is still to wait for the reversal patterns to appear before being able to Short.
Currently, Bitcoin is facing resistance around $65,000 (old high from August 24), which coincides with the 200-day moving average. If the weekly candle closes below this level, the weekly lower high pattern will continue.
#Write2Win #BinanceTurns7 #AirdropGuide #TopCoinsJune2024 #MarketDownturn $BTC BREAKS THE WHITE TRENDLINE AND APPROACHES THE RESISTANCE ZONE OF 65K$ Today, 20.09.2024 is showing overwhelming strength of the buyers after the news of interest rate cut happened. The disputed area of the bullish structure is broken at 61k3 and 59k4, which is also where the shark's hand pushes the price up.
The old resistance area of the H4 downtrend wave is at 65k, where the selling side's strength is clearly shown. There is a high possibility of a strong reaction here, guys.
$BTC tends to increase slightly during the day and then turn around.$
Ripple (XRP) is a leading cryptocurrency, a financial dynamite that holds a wide range of opportunities within its ecosystem. Despite its legal battle with the US SEC, Ripple continues to carve its own price path by partnering with global institutions to find new use cases for XRP. AI has predicted a new price for XRP to be reached on September 25.
These are the positive events that sent XRP price soaring
#XRP’ is on a strong growth trajectory, likely due to a number of positive developments. As of September 15, 2024, the cryptocurrency market, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), is struggling to grow. Meanwhile, Ripple's XRP token stood out with a 4% price increase, attracting great attention from investors and traders. Reasons for XRP's Strong Rise XRP is on a strong growth trajectory thanks to several recent positive factors:
Analytics firm reveals the bottom that BTC will hit in the coming time.
Cryptocurrency analytics firm Alphractal has just announced what it believes will be a new low for #Bitcoin❗ # in the coming period. According to Alphractal, the $46,460 level could become an important support point for $BTC Alphractal explains that this number represents the “Average Market Price,” an indicator that reflects the average price of Bitcoin on the network. The indicator has proven its worth in previous moves, such as during the “China Dump” in May 2021, when it held support for two months and helped the price reach a new record high.
The Fed is almost certain to cut interest rates next week:
#Write2Win #BinanceTurns7 #TopCoinsJune2024 The US Federal Reserve is facing pressure over whether to cut interest rates by a larger-than-expected 50 basis points next week or by just 25 basis points, with futures markets predicting a smaller cut at next week’s meeting. With a cut expected next week, it will be the first time in more than four years that the US central bank has eased monetary policy and kept interest rates at a 23-year high of 5.25% - 5.5% since July last year.
Hamster Kombat (HMSTR) Will Be Available on Binance Launchpool
#HMSTR #Write2Win Accordingly, Hamster Kombat (HMSTR) will be the 58th project to appear on Binance Launchpool. HamsterKombat, a P2E crypto exchange CEO simulation game built on the Telegram mini-app platform. Trang web is expected to be available for 24 hours, before Launchpool begins. Users will be able to lock their BNB and FDUSD to receive the HMSTR Airdrop over a seven-day period, with mining starting at 00:00 on 2024-09-19 (UTC).
WHEN THE FED CUT INTEREST RATES, THE CRYPTOCURRENCY MARKET IS EXPECTED TO SURGE.
#binance #bitcoin GOLDMAN SACHS analysts predict the cryptocurrency market could surge after the Fed cuts interest rates. GOLDMAN SACHSThe Fed is expected to cut interest rates by 25 basis points at its policy meeting on September 17-18, and another 25 basis points each in November and December later this year.
WHAT ARE THE ANALYSTS SAYING ABOUT “ETHEREUM(ETH) AND SOLANA(SOL).
#binance #bitcoin #etherreum #Solana PREDICTIONS FOR ETHEREUM IN THE FUTURE? KALEO predicts the price of $ETH in the future to reach $4,400. Currently, ETH is trading around $2370. He provided a chart to prove this point and predicted that ETHEREUM has a strong upward trend. He believes that Ethereum has formed a local bottom, which is a good sign that this coin can grow strongly in the near future. Investors who are seriously monitoring the daily fluctuations can earn significant profits.
WHAT ARE THE FLUCTUATIONS AND POTENTIAL OF XRP IN THE FUTURE?
#binance #bitcoin #Xrp🔥🔥 Recently analysts have predicted that #XRP’ could rise to $40 based on technical models. Popular analyst “STEPH” has drawn attention to the cryptocurrency with his prediction that $XRP could break out in the future. STEPH focuses on two main technical patterns, on the daily chart. He identifies the inverted HEAD and Shoulders pattern. A pattern that shows a bullish trend. If the price $XRP closes above the neckline of this pattern at $0.65, it will confirm the current breakout, XRP is trading at $0.54. If the $0.65 level is broken, the price will increase to $1.10.
IS THE BOTTOM IN “BITCOIN”? IS NOW THE BEST TIME TO BUY?
#binance #bitcoin Bitfinex BTC long positions increase, raising questions about a possible local bottom. Although the price $BTC recently dropped to $53.7K, this may be a temporary bottom for Bitcoin. According to market analyst Marty Party, BTC may have bottomed as long positions on Bitfinex increase. He said: SHOULD I BUY WHEN THE PRICE IS DOWN? According to the analyst, BTC long positions on Bitfinex were triggered on August 28, suggesting that the asset could soon recover.