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I’m neutral here, just sharing what the chart shows. I’m neither on the bull side nor the bear side; whenever I choose one, I get labeled, so I’m keeping it straightforward. Today, BTC reached a new all-time high (ATH) of $89,956, following a series of record-breaking highs: $74k, $76k, $79k, $82k, and now $89k—around five consecutive ATHs. After reaching today’s high, BTC reversed sharply, falling to $85,336 due to selling pressure. Positive sentiment and renewed buying pressure then lifted it back to $86,579, closing the hourly candle. Looking at the chart, I observe $BTC “closing the block.” Cryptocurrencies, in general, tend to move in block patterns, not just BTC. This “block” concept is based on my own observations—I’m not sure if it’s an officially recognized pattern, but it’s how I view price movements. In an uptrend, a block is created, followed by a bullish move, then a correction that typically drops the RSI. Multiple blocks usually form in a bullish rally—often 2–3 but sometimes even more. Recently, BTC created numerous blocks while hitting consecutive ATHs. Today’s reversal seems to be forming a downward block, but it isn’t yet complete. BTC has pulled back, but it may retrace to a specific level before falling again to create another block of candles. If BTC forms another block here, then a reversal action is confirmed, potentially signaling a shift from an uptrend to a downtrend. Earlier, BTC formed a long downward candle as part of a block but retraced to complete it. The question remains whether BTC will “fake” this block, as it sometimes does with support or resistance breakouts. At the time of writing, BTC is at $85,300 and trending downward, but remember that a block formation is imminent. If a sudden drop occurs, a strong reversal often follows. That’s how I interpret candle and trend formations. I hope this perspective clarifies things. #EducationalContent #WillBTCBreak100KSoon #EmperorMajesty #ChartExpert #bitcoinnewsupdate
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🚨 𝗗𝗢𝗚𝗘𝗖𝗢𝗜𝗡'𝗦 𝗣𝗥𝗜𝗖𝗘 𝗦𝗨𝗥𝗚𝗘 𝗣𝗥𝗘𝗗𝗜𝗖𝗧𝗘𝗗 📈🚀 Henrik Zeberg, a well-known macroeconomist, has made an intriguing prediction for Dogecoin (DOGE) based on technical analysis that suggests the cryptocurrency could experience a dramatic rise in price. Zeberg’s forecast hinges on a common yet powerful chart pattern called the "Rounding Bottom," which could signal the start of a significant upward trend. The Rounding Bottom is often a precursor to a reversal in market direction, typically indicating that an asset is gradually recovering from a decline and moving toward a bullish phase. Zeberg highlights that Dogecoin has followed this pattern in the past, with each cycle bringing higher levels of price movement leading into periods of euphoria. According to Zeberg’s analysis, a break above a key resistance level around $0.49 would mark a critical point, suggesting that Dogecoin is on the verge of a major upward movement. If this occurs, the price could rise significantly, with the expert pointing to several Fibonacci extension levels as potential targets. The first of these levels suggests a price of $0.4924, representing a 75% increase. The next level, at $0.8030, could result in a 180% gain. Zeberg's boldest prediction places Dogecoin’s future price at $29, an astonishing 10,000% increase, should the market experience a phase of intense bullish sentiment. This target is based on historical trends, which have shown that market cycles can sometimes lead to extreme price gains. While Zeberg cautions that no prediction is guaranteed, the current technical setup and historical performance of Dogecoin provide a compelling case for those anticipating a major rally. If the cryptocurrency breaks key resistance levels and sustains bullish momentum, the potential for significant gains is high. #EmperorMajesty #DogeForever
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How a High School Bet on DOGEcoin Changed My Life: My Journey into Crypto
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🚨 𝗥𝗜𝗣𝗣𝗟𝗘 𝗣𝗢𝗪𝗘𝗥𝗦 𝗨𝗞 𝗣𝗔𝗬𝗠𝗘𝗡𝗧𝗦 🇬🇧📈 The Bank of England has taken a bold step toward transforming global payments by testing Ripple’s technology in its recent Proof of Concept (PoC). This trial explored the integration of Ripple’s solution with simulated Real-Time Gross Settlement (RTGS) systems, utilizing the Interledger Protocol (ILP) to synchronize cross-border payments efficiently across different financial ledgers. Ripple’s approach leveraged the ILP Validators, providing a single source of truth for payment settlements. This eliminated the need for complex reconciliation processes, ensuring real-time execution and accurate record-keeping. The PoC confirmed Ripple's capability to handle high-value transactions seamlessly while addressing common liquidity challenges in wholesale markets. The results showcase a promising collaboration, with the Bank of England paving the way for a more efficient, transparent, and synchronized global financial infrastructure, potentially redefining how cross-border transactions are conducted in the future. #XRPPredictions #EmperorMajesty #XRPGoal #XRP_ETF #Ripple💰
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🚨 𝗞𝗔𝗠𝗔𝗟𝗔 𝗛𝗔𝗥𝗥𝗜𝗦 𝗔𝗡𝗗 $XRP 🚀📈 President-elect Donald Trump recently made a light-hearted jab at Vice President Kamala Harris, offering assistance with her campaign's reported $20 million debt. Amid the playful exchange, a new idea surfaced involving Ripple’s cryptocurrency, XRP. A social media user suggested that Harris could potentially sell some of her donated XRP holdings to alleviate her campaign’s financial burden, especially if the SEC were to end its legal dispute with Ripple. If the case against XRP is dropped, the token's value might surge, possibly helping Harris cover a significant part of her debt. Marc Fagel, a former SEC attorney, explained that Harris wouldn’t face regulatory issues if she chose to sell her XRP, as she is a retail holder, not an issuer. According to Fagel, the SEC’s focus is on Ripple, the issuer of XRP, rather than individual investors. Harris, therefore, could sell her XRP without needing to comply with the strict securities regulations aimed at Ripple. Fagel noted that the debate centers around whether XRP sales count as investment contracts under the Howey Test. Since Harris isn’t associated with Ripple as an issuer, her sales would be exempt from the SEC’s registration requirements. For context, Ripple’s co-founder Chris Larsen previously contributed over $10 million in XRP to a fund supporting Harris’ campaign. #XRPDumping #XRP_ETF #EmperorMajesty
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