Coinbase Ventures's predictions for the future of Crypto x AI
*Coinbase Ventures's predict a future where AI agents will have their own crypto wallets to autonomously transact, access decentralized compute and data resources, or leverage stablecoins and/or their own token economy to pay humans and other agents to complete tasks necessary for their overall objective function. However, they do not believe crypto / blockchain technology is required to advance capabilities or solve emerging challenges in every layer of the AI tech stack.
*Crypto x AI stack can be segmented into the following layers:
(1) Compute: networks focused on supplying latent GPU compute resources to AI developers
(2) Data: networks that enable decentralized access, orchestration, and verifiability of the AI data pipeline
(3) Middleware: networks/platforms that enable the development, deployment, hosting, and orchestration of AI models / agents
(4) Applications: user-facing products (B2B or B2C) that leverage onchain AI mechanisms
$BTC Clossing Daily with Hanging Man Candle There is still potential for DUMP again if it does not break through to the price of 70k and is stuck at 68.6k
Just 4 hours ago, a crypto whale with the address 0x64b withdrew 209k $EIGEN (approximately $662k) from #Binance! 🐳💰 With a total portfolio valued at $106 million, they are also one of the largest $ETH suppliers on #AAVE. 🔥Want to know more about their activity? Check out their address here: https://platform.arkhamintelligence.com/explorer/address/0x64b6eBE0A55244f09dFb1e46Fe59b74Ab94F8BE1Is this a sign of big movements in the market? Let's discuss! 💬👇 #CryptoNews #TipsTradingFutures
$BTC Monthly ChartLine version It looks like it has broken the Falling Wedge pattern and has reached the Fibo Retracement area, just look for confirmation in the Low Time Frame if there is a rejection, there will likely be a correction first. If measuring from the depth of the Falling Wedge pattern $BTC Max target area is at a price of 74.6k New Higher High from the chart line version
$BTC Weekly has made a Higher High (HH), where there is a confirmation of Change of Character. Usually, this indicates a change in trend and will likely look for a Higher Low point. For Higher Low, the range is between 37,554 - 27,741.
$WIF is showing an Inverse Cup and Handle pattern and has retested. To remain bullish, $WIF needs to reclaim the $2 level. However, if the price manages to break through $1.1, $WIF is likely to move towards the $0.44 level.
🚀 $BTC MAYBE THIS IS AGAIN IN THE WYCKOFF REACCUMULATION PHASE 👀
In cryptocurrency market analysis, price movement patterns often follow certain phases which can help traders and investors to understand ongoing trends. One popular theory is the Wyckoff Theory, which divides price movements into several phases, including the reaccumulation phase.
What is Wyckoff Reaccumulation Phase?
The Wyckoff Reaccumulation Phase occurs after the distribution phase, where prices decline or consolidate after reaching a peak. In this phase, the market begins to reassemble the asset after a price drop, in the hope that the price will rise again. This is the time when smart money (big investors) starts to re-enter the market, creating balanced supply and demand.
Why $BTC Might Be In This Phase?
1. Price Consolidation: $BTC shows a consolidation pattern at a certain price level, which could indicate that the market is looking for a balance point before continuing the uptrend.
2. Trading Volume: Increasing trading volume when the price is moving sideways may indicate that there is accumulation by large investors, who believe that the price will rise in the near future.
3. Technical Indicators: Several technical indicators, such as the Moving Average and RSI, show bullish signals that support the possibility that Bitcoin is preparing to break out from this reaccumulation phase.
What is next?
If this analysis is correct, we may see significant price movement to the upside in the near future. However, it is important to always conduct additional research and analysis before making an investment decision.
18 hours ago, an early investor of $FLOKI just deposited 6.28B $FLOKI (~$1.1M) to #Binance .
2 years ago, he received 7.5B from @RealFlokiInu (~$275k) & the realized profit of this investment is $1.12M.
LIVE
Bayrich
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🚨 Attention cryptocurrency investors and traders! $FLOKI has just experienced a Double Top and lost its equilibrium area, which indicates a potential price decline. The decline target could reach 0.066, which is an interesting number to watch. Is this a golden opportunity to buy $FLOKI at an affordable price or a signal to sell it? Don't miss the opportunity to get the latest information about the price trend of #FLOKI🔥 and investment opportunities that may arise. Click the link in our bio to read more! #FLOKI🔥 #DoubleTop #RekomendasiTop5MemeCoin #CryptocurrencyPotential $FLOKI
$BOME Has broken the downtrend line with potential for a retest to the 0.014 area. Meme this year has always shown good performance to recover its price. You can invest in this asset $BOME
Pay attention to $PEPE , a potential new ATH from the channel's trendline. Currently at a higher low and if it is able to break the price of .000016, an interesting investment opportunity! $PEPE $BTC #Binance #RekomendasiTop5MemeCoin #BTC
Macro: > GDP on 27 > Trump/Biden CNN debate on 27 > PCE Inflation data on 28 > FED Monetary Policy Report on 28
Crypto: > Blast TGE/Airdrop on 26 > Nillion Community Round on Coinlist ends on 26 > Digital Assets Conference by Goldman Sachs on 27 > Binance will restrict the availability of Unauthorized Stablecoins for EEA users across its product offerings starting from 30 > Spot ETH ETF S-1 forms are expected to be approved in the next 10 days
Pay attention to $TOTAL3, this altcoin has the potential to retest to 547B. If you are able to survive, it is possible that there will be quite a decent recovery. Exciting investment opportunity for cryptocurrency traders and investors!$BTC $ETH
🚨 Attention cryptocurrency investors and traders! $FLOKI has just experienced a Double Top and lost its equilibrium area, which indicates a potential price decline. The decline target could reach 0.066, which is an interesting number to watch. Is this a golden opportunity to buy $FLOKI at an affordable price or a signal to sell it? Don't miss the opportunity to get the latest information about the price trend of #FLOKI🔥 and investment opportunities that may arise. Click the link in our bio to read more! #FLOKI🔥 #DoubleTop #RekomendasiTop5MemeCoin #CryptocurrencyPotential $FLOKI
It seems that $WIF is facing bearish pressure with the Head and Shoulders (HnS) and Bear Flag patterns forming. This could be a signal that the price is likely to fall towards level 1.5.
However, not all hope is lost! If $WIF is able to reclaim the 3.2 price level, then we could see the potential for a significant bullish move.
Don't forget to continue to monitor WIF developments and stay alert to changes in trends that may occur. Hopefully the decisions taken can provide the best results! 📈💰 #CryptoPrices #trading #bearish #WIF
Analysis of $BTC 4 Hour TF shows that the price is on the Pivot Point line which tends to fall and is bearish, approaching the 1st Support at the price of 60670. Apart from that, there is a Head and Shoulders (HnS) pattern which can be an important signal in making trading decisions. #BitcoinHalving2024: #BTC🌪️ #TechnicalAnalysis
Much has been said about the $BTC form of the Wyckoff distribution pattern. If that's true, $BTC is only in Phase B. However, it's too early to know if this is the pattern governing price action