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🔥🔥🔥Bitcoin Volatility Hits Record Low: Calm Before 500% Bullish Storm? Bitcoin is back over $70,000 following weeks of sideways movement. The current monotony and sideways grind aren't necessarily negative. Historical Bitcoin Volatility Hits Record Low Volatility is frequently seen negatively. Oxford Languages defines volatility as “liability to change rapidly and unpredictably, especially for the worse.” How much and how rapidly price fluctuates in a certain period in financial markets. Technical analysts utilize the historical volatility statistic to quantify volatility throughout an asset's price history. Analysts may compare Bitcoin's volatility using such a tool. This tool in BTCUSD shows that the leading cryptocurrency by market cap is coming off its lowest volatility phase ever on the 2-week period. More significantly, BTCUSD rallied over 9,000% and 2,000% the previous two times it was this dull. The latest made Bitcoin famous, climbing from $1,000 to almost $20,000 in 2017. Now that the signal is back, what does it signify for the cryptocurrency market and those who endured the sideways price action? Third Time Lucky: Can BTC Climb 200-500%? Cyclical volatility. After extreme volatility and dramatic price activity, prices lull uncomfortably sideways. When sideways monotony ends, market activity frequently explodes back to pre-lull levels. Measure and anticipate volatility via “implied volatility.” The direction of volatility releases is unpredictable. Since volatility is usually linked with pessimism, a severe Bitcoin dump might break the low volatility. However, the past two cases imply different, and the trend is up. BTCUSD may not witness another 9,000% or 2,000% boom as it did in 2013 and 2017, but the first cryptocurrency might rise 200% to 500%. At 200% and $70,000 per coin, Bitcoin might peak at $140,000 this cycle. Bitcoin might reach $350,000 per coin with 500% growth. Higher multiples are feasible but unlikely due to declining returns. #bitcoin #BTC #BullRun $BTC

💰💰💰SOL Maintains Bullish Trajectory Above 100-Day SMA, Rally Possible?💰💰💰 Despite market volatility, Solana (SOL) has maintained its position above the 100-day Simple Moving Average (SMA). SOL has been volatile in recent months, but this crucial moving average has supported it, signaling a healthy outlook. Solana's ability to maintain above the 100-day SMA implies that purchasing excitement surpasses bearish pressure, indicating further higher momentum and luring traders and investors. SOL was down 0.56% to $172 at press time. Over $1.9 billion in 24-hour trading activity and $79 billion in market value. Market capitalization and trade volume are down 24% and 22.39%. 💰Solana Technical Analysis This research used the 100-day SMA and RSI indicators on the 4-hour and daily timeframes. In consolidation, Solana is rising above the 4-hour chart's 100-day simple moving average. SOL may rise based on price change. The 4-hour RSI is likewise bullish, heading over 50%. From this RSI setup, SOL may drop closer to the SMA before making a solid move higher. SOL's 1-day chart shows optimistic efforts to rise following rejection at $160 support. SOL's price may rise more at this time. Finally, the daily RSI rejected a negative move at the 50% level and rose again, suggesting that the crypto asset is bullish and that the price might run. 💰Possible SOL Price Changes Solana is approaching $188 resistance. If SOL's price breaks this level, it will rise to challenge the $205 resistance level and maybe make a new high. If this resistance level is not achieved, it will fall toward the $160 support level. If it breaks below this support level, it will test $140. If SOL breaches the above support level, it may correct further to hit the $118 chart support level. #Solana #SOL $SOL #altcoins

🚀🚀🚀Can I Still Purchase Floki? FLOKI Achieves First-Ever Record High🚀🚀🚀 At noon UTC yesterday, the meme currency Floki ($FLOKI), named after Elon Musk's Shiba Inu, reached a new ATH of $0.0003449. The fact that Floki is the most popular meme currency on Binance Smart Chain ($BNB) was widely mentioned yesterday throughout crypto social media and the blogosphere, which greatly contributed to the token's climb. As of this writing, it is trading at $0.0003128, a decrease of 9.3% from its all-time high and 4.2% from its price one day ago. The revelation of Floki's trading bot, which is built on Telegram and is now in limited beta testing, has piqued the interest of many investors. There is a one percent fee associated with each transaction processed by the Floki bot, which uses the native utility token $FLOKI. The treasury will get half of the fee-based income, and half will be used to purchase back and burn $FLOKI tokens. With the public launch set for "in a few weeks time," the new Floki bot will be available to the 480,000 holders of $FLOKI. Floki was introduced in 2021 and was named after Elon Musk's Shiba Inu, the pet of Tesla CEO. Binance Smart Chain and Ethereum ($ETH) are both compatible with it. The diagonal green line on Floki's trading chart shows that support has been increasing from $0.0001 to $0.0002 over the last three months. The coin has been steadily increasing in value since May's conclusion, breaking over the $0.00023 level of resistance and seemingly maintaining its new highs. With Floki's price action in line with its 30-day moving average and a relative strength index of 53, it's unlikely that the token will see a major drop very soon. This bodes well for its ability to maintain and perhaps surpass its current gains. #FLOKI #Metaverse #memecoins $FLOKI

⭐Worldcoin nears 30% rise before Apple's WWDC Worldcoin price is positive on the daily and four-hour charts. The four-hour, short-term aim is $6.39, while the daily chart predicts $8.85. Worldcoin (WLD), a digital identity platform token, is coiling up on the lower and upper timeframes, signaling a dramatic breakout. WLD, established by OpenAI's Sam Altman, has been influenced by AI advances like OpenAI's frontier models and Nvidia's revenues. Thus, Apple's WWDC 2024 might boost the cryptocurrency. Worldcoin top-down analysis Daily Worldcoin price is forming a double bottom. Two separate V-shaped reversal zones exist in this motif. First bottom on April 14, second on May 27. After WLD breaks $6.39 and turns it into support, the double-bottom trade setup is complete. This would confirm a setup breakthrough and estimate a 35% rise to $8.84. Calculate the objective by adding the initial swing low depth to the breakout point. First bottom depth was 35%, and the breakout point is estimated at $6.39. The Relative Strength Index (RSI) rising over 50 or retesting it from a point of strength and the Awesome Oscillator (AO) moving above 0, would imply a big bullish momentum surge if $6.39 flips. This situation would certainly cause Worldcoin price volatility. While $8.84 seems lofty, WLD might calm down at $7.82, the halfway of the 65% drop that formed the initial bottom. Worldcoin price has established a triple tap setup on the 4-hour chart, which normally includes three swing lows with the center swing point lower than the other two. The swing lows are similar on both sides.. WLD's breakthrough over $5.08 might launch a 16% rise to $5.95, the first target. The digital identity platform token might revisit $6.39 daily barrier above this level. This would increase by approximately 30% from $5.00. Both momentum indicators show positive momentum, confirming this forecast. A lower bottom if Worldcoin price falls below $4.59 would contradict the bullish argument for WLD. WLD might fall by roughly 9% to $4.20. #Worldcoin #WLD $WLD #Apple

The Turkish Government Dispels Rumors About Potential Crypto and Stock Return Taxes On Wednesday, the top economic official in Turkey dismissed rumors that cryptocurrency and stock earnings will be subject to taxation. However, a "very limited" cost for transactions was something he did hint at. Taxing cryptocurrency and stock market earnings is not on our radar at the moment. Finance Minister Mehmet Simsek reportedly said, "There may be a very limited fee or taxation on a transaction-based basis" as reported by Daily Sabah quoting Anadolu Agency. His remarks followed a Tuesday Bloomberg story claiming that Turkey was contemplating taxing cryptocurrency and stock earnings. During a meeting of the governing party over the weekend, Simsek allegedly revealed these ideas. At a public gathering, nevertheless, Simsek said that Parliament will decide on the final tax rate. I am not qualified to make a remark on the rate. Because our Parliament has discretion over the topic. He said that his party will "leave no area untaxed" in its pursuit of tax equity and efficiency. To Meet Global Standards, Turkey Introduces Crypto Bill An important member of the Turkish governing party proposed a cryptocurrency law last month with the goal of standardizing the country's cryptocurrency markets with those of other developed nations. The goal of the measure is to make cryptocurrency firms in Turkey adhere to more stringent regulations in order to remove the country from the Financial Action Task Force's gray list. The second reason is that it makes it possible to formally authorize these businesses to operate. The new regulations are modeled after the regulations that govern stock markets and include obtaining licenses and adhering to international standards. Simsek had previously said that the country's cryptocurrency legislation were almost finished earlier this year. He said that establishing licencing and operating standards for trading platforms and reducing risks connected with crypto trading are the main goals. #Turkey #altcoins #bitcoin #BTC $BTC

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