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🚀dogwifhat (WIF) To $5? Bulls Ignite Amid Market Plunge 🚀 Dogwifhat (WIF) Momentum Dogwifhat (WIF) has shown strong bullish momentum, trading above top meme coins. As the broader crypto market sees a slight 0.48% decline in market cap, WIF continues to rise, aiming for new highs. 📊 Market Overview Meme coins are in the green, but sideways trading has slowed inflows. Traders and investors are focused on WIF's rise, with the asset targeting a price above $4. 📈 New All-Time High? On March 31, WIF reached an all-time high of $4.85. Currently, it trades at $3.79, up over 2% in the last 24 hours, with daily volumes hitting $1.5 billion before a slight correction. WIF has seen a 28% weekly growth and a 40% increase in the last 30 days, boasting a 5514% rise since its January 8 low. Despite this surge, it remains 22% below its all-time high. Holders are optimistic about breaking this record soon. 💡 Meme Coin Market The meme coin market is rebounding, with Dogecoin (DOGE) up 1.5% daily and Shiba Inu (SHIB) up 6.2% daily and 8% weekly. However, PEPE, FLOKI, and BONK are in the red, down 5.7%, 7.4%, and 6.9% respectively.

🚀dogwifhat (WIF) To $5? Bulls Ignite Amid Market Plunge

🚀 Dogwifhat (WIF) Momentum

Dogwifhat (WIF) has shown strong bullish momentum, trading above top meme coins. As the broader crypto market sees a slight 0.48% decline in market cap, WIF continues to rise, aiming for new highs.

📊 Market Overview

Meme coins are in the green, but sideways trading has slowed inflows. Traders and investors are focused on WIF's rise, with the asset targeting a price above $4.

📈 New All-Time High?

On March 31, WIF reached an all-time high of $4.85. Currently, it trades at $3.79, up over 2% in the last 24 hours, with daily volumes hitting $1.5 billion before a slight correction. WIF has seen a 28% weekly growth and a 40% increase in the last 30 days, boasting a 5514% rise since its January 8 low. Despite this surge, it remains 22% below its all-time high. Holders are optimistic about breaking this record soon.

💡 Meme Coin Market

The meme coin market is rebounding, with Dogecoin (DOGE) up 1.5% daily and Shiba Inu (SHIB) up 6.2% daily and 8% weekly. However, PEPE, FLOKI, and BONK are in the red, down 5.7%, 7.4%, and 6.9% respectively.

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💥Bitcoin Price Faces Key Resistance Levels 📈 Bitcoin is finding buyers at $68,000 due to Fed announcements and Mt. Gox transfers. Bulls are struggling to solidify $70,000 as support amid ongoing news flow. So, what do the more reliable on-chain signals indicate for mid-term forecasts? 💹 After months of rising, Bitcoin paused its rally following the last ATH. With the approval of the Spot ETH ETF, it has risen to the $67,500 to $70,000 range. Staying here is more promising than testing new dips at $60,000. Solidifying this higher support could lead to a new ATH attempt. The red trend line shows short-term traders are eager for profit-taking. BTC may test the Ichimoku Cloud; falling below it could shift sentiment to neutral, possibly testing $64,000. 📊 Bitcoin price rises steadily among investors. Long-term holders are taking profits, and new short-term investors are accumulating. From early 2024 to April, there were significant declines in supply active for 1 and 2+ years, while supply in UTXOs held for over 3 years increased. This upward trend suggests a new ATH is likely. Over half of the total Bitcoin supply has remained untouched for over a year. The turnaround at $56,000 showed a shift from selling to holding BTC. 📉 Only 1.1% of Bitcoin supply was purchased above $70,000, indicating few people bought BTC at higher prices, reducing the risk of rapid selling. 🔍 The conclusion: 6% of the total supply was bought in the $65,000 to $70,000 range, indicating strong support. The thin supply above $70,000 suggests a move towards $80,000 is possible. A short-term test of $64,000 could happen, but long-term investors have stopped selling.
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