🚀 Bitcoin's rollercoaster ride continues! After nearly hitting the $100K milestone, BTC took a 7.6% dip. But fear not, crypto enthusiasts! This correction is a classic bull market move, shaking out leverage and setting the stage for future gains. 📉💪
Long-term holders, the "smart money," have been cashing in, selling 549,119 BTC since September. Their strategic moves often signal market shifts. Will this selling pressure last? History shows each cycle's drop is smaller, hinting at resilience.
What are your thoughts on BTC's next move? Let's discuss! 👇 #Bitcoin #CryptoAnalysis
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🚀 Bitcoin's recent dip of 7.6% has caught the crypto community's attention, as it narrowly missed the $100,000 mark on November 22. While this might sound alarming, it's not unusual for BTC to experience corrections of up to 30% in bull markets.
- November 21 saw a record $10.5 billion in profit-taking, driven by long-term holders (LTH) cashing in. These savvy investors, known for buying low and selling high, have offloaded 549,119 BTC since September.
- Historical trends show that each bull market sees smaller percentage drops. Could this mean a more stable future for Bitcoin?
Share your thoughts in the comments! 📈
Bitcoin is nearing a milestone of one million daily active users, a first since 2019, signaling increased adoption in 2024. Analysts suggest this could propel Bitcoin's price beyond the $100,000 mark. Blockchain analytics firm IntoTheBlock reports a significant rise in Bitcoin's onchain activity, indicating a shift from large investors to retail participants. This trend could stabilize price movements, as retail investors typically cause less volatility. Despite a recent price dip to $92,400, the surge in active addresses remains a bullish indicator, hinting at potential for Bitcoin to hit new highs.
Save this tweet for the DAY it happen.
2008 Jim: Bitcoin will never hit 100$. Keep dreaming
2015 Jim: Bitcoin will never hit 10,000$. Keep dreaming
2017 Jim: Bitcoin will never hit 20,000$. Keep dreaming
2019 Jim: Bitcoin will never hit 30,000$. Keep dreaming
2020 Jim: Bitcoin will never hit 50,000$. Keep dreaming
2022 Jim: Bitcoin will never hit 69,000$. Keep dreaming
#Bitcoin today: $90,000
HOOOOWWWW CAN YOU TRUST JIM?
$BTC #BTCWatchZone
Bitcoin fell another 4% to reach $92,000.
We continue to unload greed (which was at its peak) and also take out local passengers who were expecting endless growth.
The thing is that at the moment we had too much of an overweight of long positions, this factor acted as a barrier to further growth, since letting the bulk of traders earn is not according to the rules of the market itself. Therefore, in order to get rid of the mass long positions, the market was forced to react by moving in the opposite direction, to remove all these positions and to change the local mood.
As soon as the market unloads the main position and the advantage is already in the other direction, we will see the continuation of our upward trend. I allow the correction movement to be seen up to ~$85,000. There is a large shelf of liquidity there, as well as a strong level of support, which together are capable of reversing the local trend. However, along with the correction of Bitcoin, its dominance should gradually decrease, which in a short time will make the altcoin even stronger and more stable.
Therefore, if you are going to short the alto, do not play too much. This correction should be perceived as calmly and normally as possible, since after the next dive, we will see a strong jump in the alts.
#Bitcoin❗ #GODINDataForAI #XRPMarketShift #BinanceHODLerTHE #BNBChainMeme
Shiba Inu ($SHIB ): Key Developments That Demand Attention
Shiba Inu is positioning itself for a potential breakthrough, and here’s why every $SHIB holder should stay informed:
1️⃣ Imminent Price Movement
SHIB has been consolidating, and market analysts anticipate a breakout soon. A strong upward move could propel SHIB to new highs, offering significant opportunities for investors.
2️⃣ Aggressive Burn Mechanisms
The Shiba Inu community is intensifying its burn initiatives, effectively reducing the circulating supply. These deflationary measures could play a critical role in driving the token’s price upward.
3️⃣ Shibarium Ecosystem Growth
The Shibarium layer-2 scaling solution continues to expand, attracting new projects and increasing the utility of SHIB tokens. This development enhances the ecosystem's value proposition and use cases.
4️⃣ Whale Accumulation
Prominent investors are steadily increasing their holdings of $SHIB, signaling strong confidence in its long-term growth and potential.
🚀 What’s Next for SHIB Holders?
With momentum building, SHIB could be on the verge of creating another wave of successful investors. Are you prepared for what’s ahead?
Share your thoughts and predictions below let’s keep the discussion alive, Shiba Army!
#SOLHitsATH #BTCBreaks100K?
{spot}(SHIBUSDT)
Why $TRX bulls should be cautious before going long - AMBCrypto Analytics
TRX has been on a strong uptrend over the past six months, with a breakout above key resistance levels. Currently trading around $0.20, TRX is positioned above the 20, 50, and 200-day EMAs, signaling strong bullish momentum.
After breaking through the $0.16 resistance, TRX surged to $0.22, nearing its all-time highs. The recent price action shows the formation of an ascending broadening wedge, suggesting potential for further gains if the bullish trend persists. The key support level to watch is at $0.19, aligning with the 20-day EMA. Holding this level could reaffirm the uptrend.
In the event of a broader market pullback, a decline toward the $0.17 region (50-day EMA) could be in play. Resistance is at $0.22, with a breakout above this level potentially triggering price discovery and a steeper rally.
With the RSI at 62, bullish momentum remains, though a dip towards 50 could indicate consolidation. Traders should keep an eye on support levels for signs of sustained momentum.
🚀 Bitcoin's impact on the job market is undeniable! Despite recent layoffs at Consensys, Kraken, and dYdX, the crypto world is buzzing with opportunities. As Bitcoin and blockchain tech evolve, they create roles in software development, cybersecurity, and finance. The industry's dynamic nature means hiring trends fluctuate with market sentiment. 📈
The demand for crypto skills is rising, with blockchain development and product management leading the charge. Education is key, prepping future talent for this digital frontier. What roles do you think will emerge next? Share your thoughts below! 💬
Cardano's leading DeFi applications, Liqwid and Lenfi, have experienced a significant surge in total value locked (TVL), increasing by over 300% in the past month, as reported by DefiLlama. Liqwid, the largest DeFi app on the Cardano network, reached a record $177 million in TVL, marking a 38% rise in just the past week.
This growth is attributed to the recent appreciation in ADA, Cardano's native cryptocurrency, which has outperformed Bitcoin recently. The positive sentiment is partly due to Cardano founder Charles Hoskinson's discussions with US lawmakers on crypto regulation.
ADA's prominence as a key asset in Cardano's lending platforms has been crucial to this TVL growth.
Could Dogecoin Reach $1 by 2025? Here’s What Might Propel It
The Dogecoin (DOGE) market witnessed several roadblocks after its latest rally. The asset surged to a high of $0.4775 earlier this month, which further led to the community betting on DOGE reaching $0.50 or more.
But now, Dogecoin was taking a backseat. The foundation behind the meme coin could be trying to boost the price of the asset.
Dogecoin Foundation Seeks Donors, Here’s Why
To expand the community through further network development, the Dogecoin Foundation has requested an undisclosed sum.
According to the Dogecoin Foundation’s X post during the weekend, developers are looking for a few significant sponsors in 2025.
This is to aid finance initiatives to promote widespread adoption. The funds will reportedly be used to develop Dogebox. This is a decentralized payment system designed to empower small and medium-sized enterprises.
The Dogecoin Foundation said,
“Going into 2025 the Dogecoin Foundation is seeking to continue the open-source work we’ve been doing, especially through the new Dogebox Decentralized Infrastructure System which is the culmination of development across many projects, and the vehicle we envisage for on-boarding the first million grass-roots retailers to accept Dogecoin as a direct payment layer.“
#DOGE #dogecoinnews #memecoins #cryptomarket #CryptoNews