🚨NEW: Franklin Templeton CEO Jenny Johnson believes the new Trump administration will begin working toward clearer regulations by integrating traditional finance and #CRYPTO.
#BTCBreaksATH The cryptocurrency market records a strong bearish reversal overnight. This resulted in top tokens losing significant valuation within a short period. On the other hand, the Bitcoin price recorded a 24-hour low of ~$102k from its ATH of above the $109,000 level.
Considering the present market sentiments, will BTC price make a strong bullish comeback this week? In this article, we have uncovered the market sentiments and possible short-term price analysis of Bitcoin (BTC) crypto token.
BTC Price Retests Its Important Support Of $100k! Bitcoin has lost ~3% in valuation with a 24-hour trading volume of $103,357 billion, a change of -8.97%. However, it has jumped 8.71% over the last seven days and has a YTD return of +11.76%. This highlights a long-term bullish action for it in the market.
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
As of January 19, 2025, the price of Pepe Coin (PEPE) is approximately $0.000019 per token. Looking ahead to January 20, 2025, various sources offer differing predictions: CoinCodex: Forecasts PEPE to reach around $0.00002861 by January 20, 2025. The Crypto Basic: Suggests a potential 100x surge by the end of 2025, though this is considered optimistic. Benzinga: Predicts an average price of $0.0027 by 2025, indicating significant growth potential. It's important to note that cryptocurrency markets are highly volatile, and such predictions can vary widely. Always conduct thorough research and consider multiple sources before making investment #TRUMPOnBinance #TRUMPOnBinanceFutures #TrumpCountDown #LTCETF #Write2Earn
As of January 19, 2025, Dogecoin (DOGE) is trading at approximately $0.3872 USD.
Technical analysis indicates a neutral outlook for DOGE in the short term. Investing.com's analysis shows a 'Neutral' rating, with both moving averages and technical indicators evenly split between 'Buy' and 'Sell' signals. Similarly, Bitget's analysis reports a 'Neutral' rating, with 14 indicators suggesting 'Buy' and 2 indicating 'Sell'.
In the medium to long term, DOGE exhibits strong development within a rising trend channel, signaling increasing optimism among investors.
Please note that cryptocurrency markets are highly volatile. It's essential to conduct thorough research and consider multiple perspectives before making any investment decisions.
Dogecoin (DOGE) has experienced a notable decline recently. As of January 19, 2025, DOGE is trading at approximately $0.391368, marking a 1.54% decrease from the previous close. The intraday high reached $0.408729, with a low of $0.359246.
This downturn aligns with a broader cryptocurrency market slump, influenced by stronger-than-expected U.S. economic data leading to increased Treasury yields. Such economic indicators have prompted investors to reduce exposure to riskier assets, including cryptocurrencies.
In contrast, Tether (USDT), a stablecoin pegged to the U.S. dollar, remains relatively stable. Currently priced at $0.998576, USDT has seen a minimal 0.08% decrease from the previous close, with an intraday high of $0.999444 and a low of $0.998103.
The decision to buy or sell Dogecoin (DOGE) depends on your investment goals, risk tolerance, and market analysis. Here are a few key factors to consider: Reasons to Buy 1. Market Sentiment: If Dogecoin is gaining traction in the market due to news, partnerships, or community support, it might present an opportunity.
2. Long-Term Vision: If you believe in the long-term utility or adoption of Dogecoin, buying during dips can be strategic. 3. Technical Analysis: If technical indicators (e.g., RSI, MACD) suggest an oversold condition, a rebound could be imminent.
Reasons to Sell 1. Overvaluation: If the price has surged significantly, it might be a good time to take profits. 2. Bearish Trends: If Dogecoin is breaking key support levels or technical indicators suggest overbought conditions, selling might be prudent.
3. Portfolio Rebalancing: If Dogecoin's allocation in your portfolio is too high or risky, consider reducing exposure. Neutral Strategy If you're uncertain, holding or using stop-loss orders to protect your position might be the best course of action. Would you like assistance analyzing current market trends for Dogecoin? #USJobOpeningsSurge #USJobsSurge256K #OnChainLendingSurge $DOGE #Write2Earn
Ethereum (ETH) has recently been testing critical resistance levels.
Ethereum (ETH) has recently been testing critical resistance levels, indicating potential for significant price movements. Analysts have observed that Ethereum's weekly Relative Strength Index (RSI) has reset, suggesting reduced selling pressure and the possibility of a rebound. This technical indicator, combined with Ethereum's current price action, points to a potential breakout above the $4,000 resistance level.
Additionally, Ethereum is forming a multi-month inverse head-and-shoulders pattern, a bullish reversal indicator that could propel the price toward the $7,000 range if it breaks above the neckline resistance.
However, it's important to note that Ethereum has faced challenges in maintaining momentum above key resistance levels in the past. The $3,550 resistance remains a significant hurdle, and failure to sustain a move above this level could lead to further consolidation or a potential decline.
In summary, while Ethereum's recent price action and technical indicators suggest the potential for a breakout above critical resistance levels, investors should remain cautious and monitor key support and resistance levels closely. $ETH #OnChainLendingSurge #USJobOpeningsSurge #AIXBT,COOKIE,CGPTOnBinance #BinanceAlphaAlert #Write2Earn!