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Bullish
🚀🚀🚀🚀#btc According to many analysts, the price of bitcoin will return to 20k but it will still increase steadily and set new peaks continuously throughout the day. 🌟🌟💡💡💡 Continue to accumulate bitcoin assets and increase the price to 100k! Who's on the boat 💸💸💸$BTC
🚀🚀🚀🚀#btc According to many analysts, the price of bitcoin will return to 20k but it will still increase steadily and set new peaks continuously throughout the day.
🌟🌟💡💡💡
Continue to accumulate bitcoin assets and increase the price to 100k!
Who's on the boat 💸💸💸$BTC
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Bullish
If Ethereum Hits $35K, How Much Should You Invest to Become a Millionaire? If ETH reaches $35K, investors will need approximately 28.57 ETH. The value of 28.57 ETH at current prices is approximately $44,000. Therefore, an investor has the potential to become a millionaire by 2040 with a $44,000 investment now. However, it's also possible that Standard Chartered's prediction never comes to fruition. Bank projections consider revenue streams that do not yet exist. Therefore, it is difficult to say with certainty whether ETH will actually reach $35k or not. $ETH
If Ethereum Hits $35K, How Much Should You Invest to Become a Millionaire?

If ETH reaches $35K, investors will need approximately 28.57 ETH. The value of 28.57 ETH at current prices is approximately $44,000. Therefore, an investor has the potential to become a millionaire by 2040 with a $44,000 investment now.

However, it's also possible that Standard Chartered's prediction never comes to fruition. Bank projections consider revenue streams that do not yet exist. Therefore, it is difficult to say with certainty whether ETH will actually reach $35k or not.

$ETH
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Bullish
🥇🥇🥇Ethereum pum 35.000 usd Ethereum (ETH) has been trending down over the past few weeks. The second-largest cryptocurrency by market capitalization is down 5% over the past week and 2.8% over the previous month. However, banking giant Standard Chartered believes that the future of ETH is bright. According to  a recent report  by Standard Chartered, ETH could reach a price of $8,000 by 2026. This represents a growth of about 419% from current levels. The bank's optimism stems from Ethereum's developments in smart contracts, gaming, and asset tokenization. - Advertisement - However, Standard Chartered does not expect ETH to stop at $8,000. The bank expects the cryptocurrency to eventually reach $35,000. According to the bank's Director of FX Research, Geoff Kendrick, “We see $8,000 as a stepping stone to our long-term 'structural' valuation estimate of $26,000-35,000.” Reaching $35,000 would mean a growth of about 2172%. However, it should be noted that this prediction is considering the project's future performance and revenue streams. “That valuation assumes future use cases and revenue streams that may not yet exist, although real-world gaming and token use cases will support it,” Kendrick stated. their development”. He added that this prediction is “very long-term” and is estimated to take place by 2040. $ETH
🥇🥇🥇Ethereum pum 35.000 usd
Ethereum (ETH) has been trending down over the past few weeks. The second-largest cryptocurrency by market capitalization is down 5% over the past week and 2.8% over the previous month. However, banking giant Standard Chartered believes that the future of ETH is bright.

According to a recent report by Standard Chartered, ETH could reach a price of $8,000 by 2026. This represents a growth of about 419% from current levels. The bank's optimism stems from Ethereum's developments in smart contracts, gaming, and asset tokenization.

- Advertisement -

However, Standard Chartered does not expect ETH to stop at $8,000. The bank expects the cryptocurrency to eventually reach $35,000. According to the bank's Director of FX Research, Geoff Kendrick, “We see $8,000 as a stepping stone to our long-term 'structural' valuation estimate of $26,000-35,000.”

Reaching $35,000 would mean a growth of about 2172%. However, it should be noted that this prediction is considering the project's future performance and revenue streams. “That valuation assumes future use cases and revenue streams that may not yet exist, although real-world gaming and token use cases will support it,” Kendrick stated. their development”.

He added that this prediction is “very long-term” and is estimated to take place by 2040.

$ETH
Article
Cardano (ADA) shows bullish signals, will a recovery happen?Cardano (ADA) price has been creating a bullish triple bottom pattern since the beginning of July.This pattern is created inside the $0.24 horizontal support zone, which has existed since the beginning of the year.  Will the price react positively to this bullish pattern?Cardano creates a bullish modelDaily chart analysis shows that ada price has been falling since reaching a yearly high of $0.46 in April.  This drop reached a low of $0.22 on June 10.After this price drop, Cardano price recovered again.  It formed a long wick below (black symbol) and confirmed the $0.24 level as support.After that, ADA revisited the $0.24 support zone twice, on August 17 and September 11 (green symbol).  This creates a triple bottom pattern, which is often considered bullish.Despite this bullish pattern, ADA is yet to make any upward movement.ADA/USDT Daily Chart |  Source: TradingViewThe daily relative strength index (RSI) shows an uptrend.Traders use the RSI as a momentum indicator to evaluate whether the market is overbought or oversold, helping them decide whether to buy or sell an asset.An RSI above 50 and sloping up shows an advantage for the bulls, while a reading below 50 shows that the bears have the upper hand.Notably, the RSI has shown a significant bullish divergence (green line) during the formation of the triple bottom pattern.This divergence occurs when bearish momentum is not supported by momentum, often signaling a trend reversal to the upside.########$ADA

Cardano (ADA) shows bullish signals, will a recovery happen?

Cardano (ADA) price has been creating a bullish triple bottom pattern since the beginning of July.This pattern is created inside the $0.24 horizontal support zone, which has existed since the beginning of the year. Will the price react positively to this bullish pattern?Cardano creates a bullish modelDaily chart analysis shows that ada price has been falling since reaching a yearly high of $0.46 in April. This drop reached a low of $0.22 on June 10.After this price drop, Cardano price recovered again. It formed a long wick below (black symbol) and confirmed the $0.24 level as support.After that, ADA revisited the $0.24 support zone twice, on August 17 and September 11 (green symbol). This creates a triple bottom pattern, which is often considered bullish.Despite this bullish pattern, ADA is yet to make any upward movement.ADA/USDT Daily Chart | Source: TradingViewThe daily relative strength index (RSI) shows an uptrend.Traders use the RSI as a momentum indicator to evaluate whether the market is overbought or oversold, helping them decide whether to buy or sell an asset.An RSI above 50 and sloping up shows an advantage for the bulls, while a reading below 50 shows that the bears have the upper hand.Notably, the RSI has shown a significant bullish divergence (green line) during the formation of the triple bottom pattern.This divergence occurs when bearish momentum is not supported by momentum, often signaling a trend reversal to the upside.########$ADA
 Crypto News October 12: Bitcoin likely to return below $25,000 with news Stellar, Chainlink, Fuul, Sei Labs, AI, Trezor, LayerZero, FTX, BarnBridge October 12, 2023 19:04 Bitcoin Magazine on  From speculation that Bitcoin could drop another 8% from current levels to CoinMarketCap launching a new artificial intelligence (AI) tool. Here are some outstanding news in the crypto market.  Bitcoin News Strategist Benjamin Cowen is expressing negative sentiment towards the digital asset as there are signals that Bitcoin (BTC) may have reached a local peak. Cowen told his 787,000 YouTube subscribers that Bitcoin could fall at least 8% from current levels, a move that could negatively impact altcoins. “The low around $25,000 will be eliminated and when it does, it will be devastating to the altcoin market. Altcoins will most likely not maintain their current price levels as Bitcoin falls into risk.” Regarding the possibility of Bitcoin plummeting, the widely followed analyst said: “Bitcoin has most likely formed a local top. And then the market will turn bearish as liquidity dries up with an initial target likely at $23,000. If Bitcoin follows what happened in 2019, in the next few days users could see the leading asset fall below the above level.” Follow me to receive more information about bitcoin

Crypto News October 12: Bitcoin likely to return below $25,000 with news Stellar, Chainlink, Fuul, Sei Labs, AI, Trezor, LayerZero, FTX, BarnBridge

October 12, 2023 19:04

Bitcoin Magazine on



From speculation that Bitcoin could drop another 8% from current levels to CoinMarketCap launching a new artificial intelligence (AI) tool. Here are some outstanding news in the crypto market.



Bitcoin News

Strategist Benjamin Cowen is expressing negative sentiment towards the digital asset as there are signals that Bitcoin (BTC) may have reached a local peak.

Cowen told his 787,000 YouTube subscribers that Bitcoin could fall at least 8% from current levels, a move that could negatively impact altcoins.

“The low around $25,000 will be eliminated and when it does, it will be devastating to the altcoin market. Altcoins will most likely not maintain their current price levels as Bitcoin falls into risk.”

Regarding the possibility of Bitcoin plummeting, the widely followed analyst said:

“Bitcoin has most likely formed a local top. And then the market will turn bearish as liquidity dries up with an initial target likely at $23,000. If Bitcoin follows what happened in 2019, in the next few days users could see the leading asset fall below the above level.”

Follow me to receive more information about bitcoin
Article
According to my prediction, the price of bitcoin may decrease in the near future but it will have a leapBitcoin is one of the best performing financial assets of the past decade. In 2011, the cryptocurrency was trading for around $12. Fast forward to 2023, BTC price has increased by approximately 230,375%. Many early investors in BTC have turned small investments into fortunes worth millions of dollars. One of the best examples is Erik Finman, who invested $1,245 in BTC in 2011 at the age of 12. When Finman turned 18 in 2017, his initial investment had reached a whopping $2.07 million.- Advertisement -Many investors still wonder if they can still make a lot of money with Bitcoin now. Are not. Even though BTC has been around for over a decade, we are still in the early stages. Some experts predict BTC price will exceed $100k, while others believe BTC will surpass $1 million.According to Changelly, BTC price could reach $1 million by 2032. Investors Just holding one BTC can become a million USD at current prices. The price of 1 BTC is currently trading at around $27,000. If BTC reaches 1 million USD, this will be a growth of 3523.19% compared to the current price.

According to my prediction, the price of bitcoin may decrease in the near future but it will have a leap

Bitcoin is one of the best performing financial assets of the past decade. In 2011, the cryptocurrency was trading for around $12. Fast forward to 2023, BTC price has increased by approximately 230,375%. Many early investors in BTC have turned small investments into fortunes worth millions of dollars. One of the best examples is Erik Finman, who invested $1,245 in BTC in 2011 at the age of 12. When Finman turned 18 in 2017, his initial investment had reached a whopping $2.07 million.- Advertisement -Many investors still wonder if they can still make a lot of money with Bitcoin now. Are not. Even though BTC has been around for over a decade, we are still in the early stages. Some experts predict BTC price will exceed $100k, while others believe BTC will surpass $1 million.According to Changelly, BTC price could reach $1 million by 2032. Investors Just holding one BTC can become a million USD at current prices. The price of 1 BTC is currently trading at around $27,000. If BTC reaches 1 million USD, this will be a growth of 3523.19% compared to the current price.
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Bullish
$SHIB The Shiba Inu (SHIB) layer 2 Shibarium network is seeing a surge in new accounts. According to data on Shibariumscan, active Shibarium accounts have increased by 55.35%. Furthermore, new accounts have increased by approximately 222%, with up to 116 new accounts created daily. This brought the total number of new accounts on Shibarium to a whopping 26,920. - Advertisement -  Furthermore, the total number of addresses has increased by more than 1.25 million, while the total number of transactions on the network has exceeded 3.04 million. However, despite the increasing number of people coming to the Shibarium, Shiba Inu (SHIB) prices continued to decline throughout 2023. Since reaching a yearly high in February, SHIB prices have fallen about 53%. Meanwhile, Bitcoin is up about 60% and Solana is up nearly 120%.
$SHIB The Shiba Inu (SHIB) layer 2 Shibarium network is seeing a surge in new accounts. According to data on Shibariumscan, active Shibarium accounts have increased by 55.35%.

Furthermore, new accounts have increased by approximately 222%, with up to 116 new accounts created daily. This brought the total number of new accounts on Shibarium to a whopping 26,920.

- Advertisement -



Furthermore, the total number of addresses has increased by more than 1.25 million, while the total number of transactions on the network has exceeded 3.04 million. However, despite the increasing number of people coming to the Shibarium, Shiba Inu (SHIB) prices continued to decline throughout 2023.

Since reaching a yearly high in February, SHIB prices have fallen about 53%. Meanwhile, Bitcoin is up about 60% and Solana is up nearly 120%.
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Bearish
The most likely outlook suggests a deeper decline in BTC price over the next few days. Nearest target is $25,800-$26,000 and lower to $25,400 Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.$BTC
The most likely outlook suggests a deeper decline in BTC price over the next few days. Nearest target is $25,800-$26,000 and lower to $25,400

Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.$BTC
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Bearish
The 4-hour chart shows BTC price breaking below the ascending parallel channel on the daily chart. This is because the price broke below a short-term descending triangle pattern today. This pattern has a target of $25,800, calculated by appending the height of the pattern to the breakout point. Since this target coincides with the horizontal support zone at $26,000, it will likely provide a bounce when reached.  BTC/USDT 4-hour chart | Source: TradingView Conclude The most likely outlook suggests a deeper decline in BTC price over the next few days. The nearest target is $25,800-$26,000 and lower to $25,400. You can see the prices of the coins here. Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions. $BTC
The 4-hour chart shows BTC price breaking below the ascending parallel channel on the daily chart. This is because the price broke below a short-term descending triangle pattern today.

This pattern has a target of $25,800, calculated by appending the height of the pattern to the breakout point.

Since this target coincides with the horizontal support zone at $26,000, it will likely provide a bounce when reached.



BTC/USDT 4-hour chart | Source: TradingView

Conclude

The most likely outlook suggests a deeper decline in BTC price over the next few days. The nearest target is $25,800-$26,000 and lower to $25,400.

You can see the prices of the coins here.

Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

$BTC
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Bearish
 Home  Technical Analysis  Bitcoin (BTC) price drops to $27,000, will the decline stop at... Bitcoin (BTC) price drops to $27,000, will the decline stop here? October 11, 2023 16:01 Bitcoin Magazine on  Bitcoin (BTC) price is trading inside a bearish formation and has broken below the nearest horizontal support zone. BTC price is expected to continue to decline over the next few days. Parallel channel ascends Bitcoin (BTC) price has been rising inside an ascending parallel channel since bouncing from the $25,400 support area on September 11. The move helped BTC price retest the previous key support zone at $28,600 on October 2, a common development after the breakout. Indeed, the price was rejected on the same day (red arrow) and has been falling ever since. This rejection coincided with BTC price being rejected by the parallel channel's resistance line. BTC price is currently retesting the channel's support line. Since the ascending parallel channel is considered a bearish pattern, it means it usually leads to crashes in the majority of cases. A break below the channel would confirm that this rally is just a pullback within the downtrend and the price is expected to drop to the starting point of the rally. In the case of Bitcoin, it is expected to drop to the critical support zone of $25,400. The daily RSI is in the process of breaking below the bullish divergence and the 50 level. If successful, it will confirm the BTC trend is bearish. $BTC


Home Technical Analysis Bitcoin (BTC) price drops to $27,000, will the decline stop at...

Bitcoin (BTC) price drops to $27,000, will the decline stop here?

October 11, 2023 16:01

Bitcoin Magazine on



Bitcoin (BTC) price is trading inside a bearish formation and has broken below the nearest horizontal support zone. BTC price is expected to continue to decline over the next few days.

Parallel channel ascends

Bitcoin (BTC) price has been rising inside an ascending parallel channel since bouncing from the $25,400 support area on September 11. The move helped BTC price retest the previous key support zone at $28,600 on October 2, a common development after the breakout.

Indeed, the price was rejected on the same day (red arrow) and has been falling ever since. This rejection coincided with BTC price being rejected by the parallel channel's resistance line. BTC price is currently retesting the channel's support line.

Since the ascending parallel channel is considered a bearish pattern, it means it usually leads to crashes in the majority of cases.

A break below the channel would confirm that this rally is just a pullback within the downtrend and the price is expected to drop to the starting point of the rally.

In the case of Bitcoin, it is expected to drop to the critical support zone of $25,400.

The daily RSI is in the process of breaking below the bullish divergence and the 50 level. If successful, it will confirm the BTC trend is bearish.

$BTC
In just the past 30 days, the global ETH supply has increased by nearly 30,000 ETH, or about $47.9 million, according to data aggregator ultrasound.money. The reason for this is due to a noticeable decrease in activity on the Ethereum network, with both NFT and DeFi trading exhausted. Since 2021, Ethereum operates on a fee burning mechanism, meaning that the more traffic on the network, the more gas prices - which are required to complete on-chain transactions - increase. And once gas prices increase sharply, it means more ETH is burned by the network or in other words, permanently removed from circulation. Ethereum gas fees have recently dropped significantly, averaging around 7 gwei, just $0.24. An average transaction on NFT marketplace OpenSea costs less than 1 USD. While just over a year ago, during the sale of Yuga Labs' Otherside collection in May, users burned over $157 million in ETH just to mint 55,000 NFT lots, the average person spent to 2,854 USD to pay gas for one transaction. Average gas fees over the past 30 days. Source: Ultrasound.money In the last 30 days, more than 38,360 ETH in transaction fees have been burned, coming mainly from transfers of ETH and stablecoin USDT, DEX Uniswap and layer-2 like zkSync Era... #ETH
In just the past 30 days, the global ETH supply has increased by nearly 30,000 ETH, or about $47.9 million, according to data aggregator ultrasound.money. The reason for this is due to a noticeable decrease in activity on the Ethereum network, with both NFT and DeFi trading exhausted.
Since 2021, Ethereum operates on a fee burning mechanism, meaning that the more traffic on the network, the more gas prices - which are required to complete on-chain transactions - increase. And once gas prices increase sharply, it means more ETH is burned by the network or in other words, permanently removed from circulation.

Ethereum gas fees have recently dropped significantly, averaging around 7 gwei, just $0.24. An average transaction on NFT marketplace OpenSea costs less than 1 USD. While just over a year ago, during the sale of Yuga Labs' Otherside collection in May, users burned over $157 million in ETH just to mint 55,000 NFT lots, the average person spent to 2,854 USD to pay gas for one transaction.

Average gas fees over the past 30 days. Source: Ultrasound.money

In the last 30 days, more than 38,360 ETH in transaction fees have been burned, coming mainly from transfers of ETH and stablecoin USDT, DEX Uniswap and layer-2 like zkSync Era...

#ETH
DIGITAL ECONOMY Products - Market Fintech Start-ups Digital service Digital management 05:00 March 22, 2023 Expect the crypto market to return Do Phong - Experts predict that the second half of 2023 will likely be the right time for the market to grow again and many new trends will appear in 2024. If history repeats, 2024 and 2025 are expected to This is the booming period of the crypto market... The crypto market is said to have a 4-year cycle After the year of catastrophic decline in 2022, the crypto market (electronic currency, digital currency) entering 2023 continues to be gloomy and is predicted to be unlikely to reach a new peak in the near future. In 2022, both Bitcoin and Ethereum lost more than 65% in value. Many large crypto organizations went bankrupt and many investors lost everything. The market fell into a state of extreme negativity and fear. 2022 is also the year of unprecedented events in the history of the crypto market, not only causing retail investors to suffer losses but also causing losses to institutional investors and large funds/companies. heavy losses, even leading to bankruptcy. One of the events that negatively affected users in Vietnam was the collapse of UST/LUNA, leading to the investment funds Three Arrows Capital, Celsius, Voyager... This event, along with the collapse of the second largest exchange in the market, FTX, affected more than 57% of investors participating in the survey.
DIGITAL ECONOMY

Products - Market

Fintech

Start-ups

Digital service

Digital management

05:00 March 22, 2023

Expect the crypto market to return

Do Phong -

Experts predict that the second half of 2023 will likely be the right time for the market to grow again and many new trends will appear in 2024. If history repeats, 2024 and 2025 are expected to This is the booming period of the crypto market...

The crypto market is said to have a 4-year cycle

After the year of catastrophic decline in 2022, the crypto market (electronic currency, digital currency) entering 2023 continues to be gloomy and is predicted to be unlikely to reach a new peak in the near future.

In 2022, both Bitcoin and Ethereum lost more than 65% in value. Many large crypto organizations went bankrupt and many investors lost everything. The market fell into a state of extreme negativity and fear.

2022 is also the year of unprecedented events in the history of the crypto market, not only causing retail investors to suffer losses but also causing losses to institutional investors and large funds/companies. heavy losses, even leading to bankruptcy. One of the events that negatively affected users in Vietnam was the collapse of UST/LUNA, leading to the investment funds Three Arrows Capital, Celsius, Voyager... This event, along with the collapse of the second largest exchange in the market, FTX, affected more than 57% of investors participating in the survey.
Price of DOGE todayCurrent price of Dogecoin is $0.061582 per (DOGE / USD) with current market capitalization of $8.70B USD. 24-hour trading volume is $116.04M USD. DOGE to USD prices are updated in real time. Dogecoin fluctuated +0.74% in the last 24 hours with a circulating supply of 141.31B.#
Price of DOGE todayCurrent price of Dogecoin is $0.061582 per (DOGE / USD) with current market capitalization of $8.70B USD. 24-hour trading volume is $116.04M USD. DOGE to USD prices are updated in real time. Dogecoin fluctuated +0.74% in the last 24 hours with a circulating supply of 141.31B.#
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