Johnny Kelv 12
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In conclusion, the Bullish Three Line Strike serves as a testament to the bullish market's resilience. Even as bears attempt a comeback on the fourth day, the broader bullish sentiment remains unshaken. As always, while the pattern provides a valuable glimpse into the ongoing battle between bulls and bears, it's essential to consider it within the larger market context and alongside other technical indicators for a holistic and informed trading approach.
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In conclusion, the Bullish Three Line Strike serves as a testament to the bullish market's resilience. Even as bears attempt a comeback on the fourth day, the broader bullish sentiment remains unshaken. As always, while the pattern provides a valuable glimpse into the ongoing battle between bulls and bears, it's essential to consider it within the larger market context and alongside other technical indicators for a holistic and informed trading approach.
#GoUp
XRP Price to $100 in 2025: 4 Reasons Why
1. Regulatory Clarity with SEC Case Resolution
Donald Trump’s presidency in 2025 and crypto-friendly leadership at the SEC could lead to the Ripple lawsuit being dropped.
Pent-up demand may drive XRP’s price.
2. Pro-Crypto Policies Under Trump 2.0
Promises of regulatory certainty and institutional adoption.
Rumors of BlackRock investing in XRP.
Multiple XRP-based ETFs under consideration.
3. Global Remittance Market Potential
Ripple’s On-Demand Liquidity (ODL) is solving real-world issues in cross-border payments.
Partnering with major banks like Santander to tap into the $7.5 trillion daily remittance market.
4. Role in Central Bank Digital Currencies (CBDCs)
XRP could act as a bridge asset for CBDCs, increasing demand.
Ripple’s technology is positioned to support global financial systems.
1. Regulatory Clarity with SEC Case Resolution
Donald Trump’s presidency in 2025 and crypto-friendly leadership at the SEC could lead to the Ripple lawsuit being dropped.
Pent-up demand may drive XRP’s price.
2. Pro-Crypto Policies Under Trump 2.0
Promises of regulatory certainty and institutional adoption.
Rumors of BlackRock investing in XRP.
Multiple XRP-based ETFs under consideration.
3. Global Remittance Market Potential
Ripple’s On-Demand Liquidity (ODL) is solving real-world issues in cross-border payments.
Partnering with major banks like Santander to tap into the $7.5 trillion daily remittance market.
4. Role in Central Bank Digital Currencies (CBDCs)
XRP could act as a bridge asset for CBDCs, increasing demand.
Ripple’s technology is positioned to support global financial systems.
#XRPReclaimsTop3
$XRP The next potential target for the XRP price is $1.9716, its April 2021 high, followed by $2. In the long term, as Bitcoin has done, Ripple could jump to a record high of $3.5, which is about 110% above the current level.
$XRP The next potential target for the XRP price is $1.9716, its April 2021 high, followed by $2. In the long term, as Bitcoin has done, Ripple could jump to a record high of $3.5, which is about 110% above the current level.
$BTC
MicroStrategy's (MSTR) stock target of $194 by Cantor Fitzgerald suggests that Bitcoin could reach $80,000 if the stock-to-Bitcoin price ratio remains stable. MicroStrategy, a major corporate Bitcoin holder, saw its stock price rise to $137.52, influenced by Bitcoin's recent bullish trend following hints of a U.S. Federal Reserve rate cut. The stock would need to increase by about 42% to hit the target. Earlier this year, MicroStrategy introduced tokenized shares that can be traded directly against Bitcoin.
https://u.today/microstrategy-mstr-target-hints-at-80k-bitcoin-price
MicroStrategy's (MSTR) stock target of $194 by Cantor Fitzgerald suggests that Bitcoin could reach $80,000 if the stock-to-Bitcoin price ratio remains stable. MicroStrategy, a major corporate Bitcoin holder, saw its stock price rise to $137.52, influenced by Bitcoin's recent bullish trend following hints of a U.S. Federal Reserve rate cut. The stock would need to increase by about 42% to hit the target. Earlier this year, MicroStrategy introduced tokenized shares that can be traded directly against Bitcoin.
https://u.today/microstrategy-mstr-target-hints-at-80k-bitcoin-price
$BTC
**Bitcoin** has surged this year, reaching around $62,000, with potential to hit new highs.
**China** might increase its special sovereign bonds by $420 billion to stimulate its economy, which could positively impact the crypto market.
**Federal Reserve** is expected to lower interest rates soon, which could further boost crypto prices.
-**Market Trends**: Bitcoin has been trading sideways recently, building strong support around $60,000-$70,000. A breakout above $62,000 could signal a stronger upward trend.
The upcoming **U.S. presidential election** might also act as a catalyst for a Bitcoin price boom.
In summary, crypto prices, particularly Bitcoin, are currently strong and may see further increases due to economic policies from China and the U.S.
https://www.forbes.com/sites/digital-assets/2024/08/23/forget-the-fed-china-could-be-about-to-drop-a-420-billion-bitcoin-and-crypto-price-bombshell/
**Bitcoin** has surged this year, reaching around $62,000, with potential to hit new highs.
**China** might increase its special sovereign bonds by $420 billion to stimulate its economy, which could positively impact the crypto market.
**Federal Reserve** is expected to lower interest rates soon, which could further boost crypto prices.
-**Market Trends**: Bitcoin has been trading sideways recently, building strong support around $60,000-$70,000. A breakout above $62,000 could signal a stronger upward trend.
The upcoming **U.S. presidential election** might also act as a catalyst for a Bitcoin price boom.
In summary, crypto prices, particularly Bitcoin, are currently strong and may see further increases due to economic policies from China and the U.S.
https://www.forbes.com/sites/digital-assets/2024/08/23/forget-the-fed-china-could-be-about-to-drop-a-420-billion-bitcoin-and-crypto-price-bombshell/
$BTC
Institutions Are Coming’—$35 Trillion U.S. Dollar Collapse Predicted To Trigger A Bitcoin Price Boom To Rival Gold
Here's a simplified breakdown of the article
- **Bitcoin Price Movements:**
Bitcoin has been volatile, recently bouncing around $60,000 after peaking over $70,000 in March. The price drop is partly due to concerns over the U.S. government's $35 trillion debt.
- **U.S. Dollar Decline:**
The U.S. dollar has weakened recently, partly because of rising debt and concerns about economic policies. Some experts believe this could lead to a significant rise in Bitcoin's value.
- **Institutional Interest:**
Large investors (institutions) are buying Bitcoin despite its price volatility. This is seen as a positive sign for Bitcoin's future, especially as more Bitcoin ETFs (exchange-traded funds) are launched.
- **Impact of U.S. Policies:**
There's speculation that regardless of who wins the next U.S. presidential election, the country's financial policies might continue to weaken the dollar, which could benefit Bitcoin.
- **Bitcoin vs. Gold:**
While Bitcoin has dipped, gold has reached a new high, indicating that investors are still turning to traditional assets during uncertain times. However, some analysts believe Bitcoin will eventually become a stronger hedge against economic instability.
‘Institutions Are Coming’—$35 Trillion U.S. Dollar Collapse Predicted To Trigger A Bitcoin Price Boom To Rival Gold https://www.forbes.com/sites/digital-assets/2024/08/21/institutions-are-coming-35-trillion-us-dollar-collapse-predicted-to-trigger-a-bitcoin-price-boom-to-rival-gold/
#Forbes #bitcoinnewsupdate
Institutions Are Coming’—$35 Trillion U.S. Dollar Collapse Predicted To Trigger A Bitcoin Price Boom To Rival Gold
Here's a simplified breakdown of the article
- **Bitcoin Price Movements:**
Bitcoin has been volatile, recently bouncing around $60,000 after peaking over $70,000 in March. The price drop is partly due to concerns over the U.S. government's $35 trillion debt.
- **U.S. Dollar Decline:**
The U.S. dollar has weakened recently, partly because of rising debt and concerns about economic policies. Some experts believe this could lead to a significant rise in Bitcoin's value.
- **Institutional Interest:**
Large investors (institutions) are buying Bitcoin despite its price volatility. This is seen as a positive sign for Bitcoin's future, especially as more Bitcoin ETFs (exchange-traded funds) are launched.
- **Impact of U.S. Policies:**
There's speculation that regardless of who wins the next U.S. presidential election, the country's financial policies might continue to weaken the dollar, which could benefit Bitcoin.
- **Bitcoin vs. Gold:**
While Bitcoin has dipped, gold has reached a new high, indicating that investors are still turning to traditional assets during uncertain times. However, some analysts believe Bitcoin will eventually become a stronger hedge against economic instability.
‘Institutions Are Coming’—$35 Trillion U.S. Dollar Collapse Predicted To Trigger A Bitcoin Price Boom To Rival Gold https://www.forbes.com/sites/digital-assets/2024/08/21/institutions-are-coming-35-trillion-us-dollar-collapse-predicted-to-trigger-a-bitcoin-price-boom-to-rival-gold/
#Forbes #bitcoinnewsupdate
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Importance of Context:
The effectiveness of the Bullish Three Line Strike can be amplified when used in conjunction with other technical analysis tools. For example, if the fourth candle bounces off a known support level or is accompanied by a high buying volume, it strengthens the pattern's bullish continuation signal.
#GoUp
$BTC
Importance of Context:
The effectiveness of the Bullish Three Line Strike can be amplified when used in conjunction with other technical analysis tools. For example, if the fourth candle bounces off a known support level or is accompanied by a high buying volume, it strengthens the pattern's bullish continuation signal.
#GoUp
$BTC
Bullish Resilience
: Despite the strong bearish sentiment on the fourth day, the overall trend remains bullish. The pattern is typically seen as a bullish continuation rather than a reversal since it often appears that the bears, despite their best efforts on the fourth day, cannot reverse the trend.
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Bullish Resilience
: Despite the strong bearish sentiment on the fourth day, the overall trend remains bullish. The pattern is typically seen as a bullish continuation rather than a reversal since it often appears that the bears, despite their best efforts on the fourth day, cannot reverse the trend.
#GoUp
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The Bullish Three Line Strike is a compelling bullish continuation pattern. It frequently appears during an uptrend and suggests a potent continuation of the bullish sentiment. This pattern captures a brief pause or pullback in the upward movement, followed by a strong resurgence of the bulls.
$BTC $BTC
The Bullish Three Line Strike is a compelling bullish continuation pattern. It frequently appears during an uptrend and suggests a potent continuation of the bullish sentiment. This pattern captures a brief pause or pullback in the upward movement, followed by a strong resurgence of the bulls.
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
The Bullish Three Line Strike is a compelling bullish continuation pattern. It frequently appears during an uptrend and suggests a potent continuation of the bullish sentiment. This pattern captures a brief pause or pullback in the upward movement, followed by a strong resurgence of the bulls.
#BTC
The Bullish Three Line Strike is a compelling bullish continuation pattern. It frequently appears during an uptrend and suggests a potent continuation of the bullish sentiment. This pattern captures a brief pause or pullback in the upward movement, followed by a strong resurgence of the bulls.
#BTC