Geoffrey Kendrick, an analyst at Standard Chartered, also weighed in, predicting the likelihood of approval of crypto ETFs, including XRP and Solana, in 2025. Kendrick pointed to the recent approval of the Ethereum ETF by the SEC, suggesting that similar cryptocurrencies may not be classified as securities. The approval of ETH spot ETFs points towards a more progressive approach by the SEC, and approvals of other coins such as XRP and SOL are likely to come soon. $SOL $XRP
The most impressive are the little toad - the frog sitting at the bottom of the well writing an analysis - only knowing to quietly make hundreds while analyzing for the billionaires - thinking they are clever #btc
🕯 Analysts at Lookonchain have compiled a ranking of the cryptocurrency networks that generate the highest annual revenue in the form of fees to their validators or miners. 🟠Ethereum holds the top spot by a wide margin, with a result of 2.7 billion USD. 🟠Bitcoin ranked second with 1.3 billion USD. 🟠While Tron, which is commonly used for stablecoin transactions, ranked third.$ETH $BTC #BinanceTournament #btc #ETHBTC
The Goldman Sachs indicator points to an approaching bear market The S&P 500 has entered a bear market (bar on chart) every time the indicator hits 70%, and Bitcoin traditionally falls along with stocks, which is unlikely to change in the current cycle. However, there are unusual bull markets where the decline begins several years after the indicator's signal, as in the case of the dot-com bubble. ✔️ As international financial regulators have set a roadmap to lower interest rates and money supply is increasing again, we are likely to experience another unusual growth market. Is that so, that's the question... $BTC #BinanceTournament
Btc June 24, 2024 Why did it crash so hard? $BTC There is leaked information: Germany has sold an additional $3 billion and MT. Gox sold for $9 billion
Btc risky perspective $BTC We are at the peak now. Does the past data match the present? BTC has increased very strongly in the past year, and now it is time for BTC to have a deep adjustment, or can it trend down or not? Be careful with your decisions It's up to you to limit losses or cut losses Btc has continued to make alltcoins find new bottoms Don't let $100,000 turn into $1,000 in the next few months The article is for reference only. Manage your capital #btc $BTC
$BTC Bitcoin could be set up similar to a week ago. I'm looking for a breakout (obviously), but don't be surprised if some post-breakout changes keep everyone scattered before continuing higher.
$LINK $LINK Retested daily 200EMA, High Volume Node and 0.618 Fibonacci Retracement Level. Good position to hold but I would like to see this get back above the daily 200MA & Green Zone to continue higher.
Bitcoin (BTC) price just had a drop to 68,000 USD on June 7, causing skeptical analysis of the price increase to gain attention again. Among them, the Double Top (two tops) model is getting attention and it is reasonable with past data to predict Bitcoin's reversal in the near future. The following are observations and assessments from BeInCrypto about this perspective. Bitcoin is forming a Double Top model, forecasting the price path until the end of 2024 According to technical analysis theory, the Double Top model (also known as the double top model) is a model that predicts a reversal (increase to decrease), in contrast to the Double Bottom. This pattern appears when the price tries to surpass the old peak to create a new peak but fails, and then strengthens again afterwards. Technical analysis of weekly Bitcoin price with double top model. Technical analysis of weekly Bitcoin price with double top model.
Some prediction descriptions included with this model are as follows: The peak of BTC will be the price range of 73,000 USD as the official peak of 2024. Bitcoin has just shown rejected price behavior when it just increased to 73,000 USD. BTC's best support is at $57,000, equivalent to the model's neckline. Whether BTC price completes the pattern's price measurement will depend on whether BTC breaks out of this support or not. If it breaks $57,000, BTC could fall to $42,000 according to the model's price measurement$BTC $LINK $WLD #binance
$BTC Those who are holding BTC are currently swinging at a peak in the short term, but in the long term they are preparing to decline. Short term may be bullish but long term I see the strongest support at 40k-50k From now until the end of the year will be very difficult, so prepare yourself mentally and don't cut your losses Btc does this to shake off new players entering the market to gently push the new boat up to 150k. At that time, altcoins did not know what to do 🥹
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Worldcoin could surpass the $5.79 barrier and hold the market by the end of 2024. The lowest Worldcoin price will be $3.85 and it is likely that the Worldcoin price will stabilize at around $5.60 by the end of the year 2024. Despite wild fluctuations in Worldcoin's value and controversy surrounding its environmentally unfriendly energy use, billionaire venture capitalist Tim Draper maintains his prediction that Worldcoin will reaching 12.70 USD by the end of 2024.
Worldcoin price prediction Low potential Average potential High potential Worldcoin Price Prediction May 2024 3.85 USD $5.60