Yong
Since 2016, I've navigated crypto's twists, holding Solana, Ethereum, Bitcoin, and XRP. My interest in AI fuels my quest for innovation.
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ImmutableX: Surging Over $3 in 20 Days. Will it continue?
ImmutableX $IMX price has increased swiftly in the last 20 days, culminating with a high above $3. Will it continue or be retraced to the nearest daily support?
IMX has experienced a notable surge in price since October 2023, peaking at $2.60 in December of that year. Following a prolonged correction period, it recently surpassed resistance levels, hitting a high of $3.06 - its highest point in over two years. Moreover, it closed the week above a resistance zone that had persisted since Februar
IMX has experienced a notable surge in price since October 2023, peaking at $2.60 in December of that year. Following a prolonged correction period, it recently surpassed resistance levels, hitting a high of $3.06 - its highest point in over two years. Moreover, it closed the week above a resistance zone that had persisted since Februar
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Bitcoin recently surpassed the $50,000 milestone, reclaiming a $1 trillion market capitalization for the first time since December 2021. The burning question now is: when will BTC reach a new all-time high?
Tom Lee, a prominent figure in the crypto community, has pinpointed three key factors he believes will drive Bitcoin to the coveted $150,000 price tag in 2024.
In an interview with CNBC’s Squawk Box, Lee confidently asserted that BTC is on track to hit six figures this year. He outlined three catalysts he thinks will propel BTC to $150,000.
The first catalyst, already in play, is the introduction of spot BTC exchange-traded funds (ETFs). These investment vehicles allow investors to gain exposure to Bitcoin without directly purchasing or storing the crypto asset. After years of rejections, the U.S. Securities and Exchange Commission (SEC) recently approved nearly a dozen spot BTC ETFs in a historic move.
According to Lee, spot ETFs will absorb Bitcoins from the market, creating a steady inflow of non-speculative investment for the first time in Bitcoin’s history. The demand for these new products will ignite a bullish sentiment in the industry's flagship cryptocurrency.
The second catalyst is the upcoming Bitcoin halving in April. This event, occurring every four years, effectively halves the new supply of BTC entering the market each day. With fewer Bitcoins in circulation, the value of the cryptocurrency is expected to surge amid increased demand due to a supply shock.
The final crucial factor likely to drive Bitcoin prices higher is the benchmark interest rates. There is a growing consensus that U.S. Federal Reserve officials will begin cutting rates in 2024. Lower interest rates are favorable for risk assets like Bitcoin, contributing to a potential rally, Lee elaborated.
Lee’s optimistic forecast follows closely after Robert Kiyosaki, the author of "Rich Dad Poor Dad," made a similarly bullish prediction on Bitcoin's price. Kiyosaki anticipates Bitcoin to reach $100,000 by June 2024, just two months after the miner rewards halving.
#Write2Earn #BTC
Tom Lee, a prominent figure in the crypto community, has pinpointed three key factors he believes will drive Bitcoin to the coveted $150,000 price tag in 2024.
In an interview with CNBC’s Squawk Box, Lee confidently asserted that BTC is on track to hit six figures this year. He outlined three catalysts he thinks will propel BTC to $150,000.
The first catalyst, already in play, is the introduction of spot BTC exchange-traded funds (ETFs). These investment vehicles allow investors to gain exposure to Bitcoin without directly purchasing or storing the crypto asset. After years of rejections, the U.S. Securities and Exchange Commission (SEC) recently approved nearly a dozen spot BTC ETFs in a historic move.
According to Lee, spot ETFs will absorb Bitcoins from the market, creating a steady inflow of non-speculative investment for the first time in Bitcoin’s history. The demand for these new products will ignite a bullish sentiment in the industry's flagship cryptocurrency.
The second catalyst is the upcoming Bitcoin halving in April. This event, occurring every four years, effectively halves the new supply of BTC entering the market each day. With fewer Bitcoins in circulation, the value of the cryptocurrency is expected to surge amid increased demand due to a supply shock.
The final crucial factor likely to drive Bitcoin prices higher is the benchmark interest rates. There is a growing consensus that U.S. Federal Reserve officials will begin cutting rates in 2024. Lower interest rates are favorable for risk assets like Bitcoin, contributing to a potential rally, Lee elaborated.
Lee’s optimistic forecast follows closely after Robert Kiyosaki, the author of "Rich Dad Poor Dad," made a similarly bullish prediction on Bitcoin's price. Kiyosaki anticipates Bitcoin to reach $100,000 by June 2024, just two months after the miner rewards halving.
#Write2Earn #BTC
sell
$SOL What should i do know ?
hold
kindly suggest i close?
sell
$PNUT hold or sell 😔 suggest me guys 🙏
sell
Should I sell or keep it, I bought it in 0.825?
#move $MOVE
#move $MOVE
hold
my Heart Beat is going uncontrollable Hold or Closed please guide me
it will retrace back
$CRV what to do hold or close will it go down
hold
$CRV what to do hold or close will it go down
hold
$PYTH help please hold or close
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Yongyong-
Close Position
LDOUSDT
PNL
+565.20
Close Price
$2.14497765
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Close Position
LDOUSDT
PNL
+79.27
Close Price
$2.07112089
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Close Position
RONINUSDT
PNL
+7.95
Close Price
$2.77880861
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Close Position
ADAUSDT
PNL
+18.77
Close Price
$0.4276
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Close Position
WUSDT
PNL
-601.22
Close Price
$0.4906731
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Close Position
FILUSDT
PNL
+737.52
Close Price
$5.785
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Close Position
ADAUSDT
PNL
+19.77
Close Price
$0.4568
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Close Position
JUPUSDT
PNL
+248.16
Close Price
$1.156755
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Close Position
MATICUSDT
PNL
+218.97
Close Price
$0.7245
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Close Position
FILUSDT
PNL
+74.22
Close Price
$6.14622034
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