#MyFirstSquarePost New to Binance Square, thrilled to share | IMROZE on Binance Square

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#SOLFutureRise Solana Price Prediction: Can Solana Reach $1,000 in 2025-2030? Solana Current Status: Solana price has been demonstrating massive strength in the past few weeks, and as a result, the token is at the foothills of a gigantic explosion in the chart pattern. Meanwhile, the volume remains within the average range, suggesting the bulls are yet to enter the ring, which may cause a massive upswing in the coming days, leading to a new ATH very soon. Market Performance: After soaring by above 20% since the start of the week, the bulls appear to have exhausted as the price drains marginally but maintains growth of around 1.09%, trading at $ 212.80. The volume drops by over 40%, but the market capitalization remains elevated by 1.16%. The bullish sentiments have surged to 85%, while the Fear-Greed Index has risen to 70, suggesting the market sentiments have turned into greed. Technical Analysis: The Solana price broke above the ascending trend line and is testing one of the crucial resistance levels, suggesting the rise of a fresh bullish trend. However, the bullish volume has begun to accumulate, which may increase the pressure, resulting in the token maintaining a steep ascending trend to reach fresh highs beyond $220. SOL Price Prediction: The SOL price has been displaying immense strength since the start of the year as the levels surged by above 220%, marking highs above $200 from levels around $60. The latest upswing demonstrates the bulls getting back into action, which may keep up the bullish momentum for the rest of the year. Future Outlook: The Solana ecosystem is gaining huge attention with the transactions over the platform recording new highs. Although the volume remains lower, the traffic remains pretty high, suggesting enough attention from the traders over the token. Therefore, the Solana price is believed to display massive bullish action in the upcoming bull run, forming new highs above $500. #SOLFutureRise $SOL

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#SOLFutureRise Solana (SOL) Price Prediction 2024,2025 And 2030 Is Solana a Good Investment? The investment potential of Solana is a topic of considerable debate within the cryptocurrency community. With its innovative technology and active ecosystem, Solana has captured the attention of investors looking for the next big opportunity in the blockchain space. This anticipation of future product releases indicates an ongoing effort to innovate and expand Solana’s reach, contributing to its appeal as a potentially valuable investment. Whether Solana is a good investment depends on several factors, including one’s appetite for risk, investment horizon, and belief in the platform’s technological and market potential. While Solana presents a compelling case with its innovative features and community enthusiasm, investors must also weigh its challenges in achieving long-term dominance. As with any investment in the volatile cryptocurrency market, thorough research is critical, and it is always recommended that you speak with a financial advisor before making a decision. This article is not an endorsement of any particular cryptocurrency, broker or exchange nor does it constitute a recommendation of cryptocurrency or CFDs as an investment class. Cryptocurrency is unregulated in Australia and your capital is at risk. Trading in contracts for difference (CFDs) is riskier than conventional share trading, not suitable for the majority of investors, and includes the potential for partial or total loss of capital. You should always consider whether you can afford to lose your money before deciding to trade in CFDs or cryptocurrency, and seek advice from an authorized financial advisor.#SOLFutureRise $SOL

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#WillBTCBreak100KSoon Can Bitcoin surpass the $100K mark in 2024? Over the past week, Bitcoin has been breaking multiple All-Time Highs, following Trump’s victory in the US Presidential Elections. From the much-anticipated $75,000 mark on November 6th to the current $87,000 today. This rally, combined with the increasing investor participation indicates that we have entered a strong bull run increasing Bitcoin’s market cap to $1.7 trillion for the first time since its launch. Bitcoin Spot ETFs saw a consistent increase since the elections with net inflows standing at nearly $2 billion in just a week. The growing acceptance of spot ETFs simplify the investment process for institutional players and traditional investors, who can now easily gain exposure to Bitcoin without directly holding the asset. This steady inflow into ETFs is one of the major driving factors for the price action in BTC’s price and over the next few weeks, more funds from institutions will move to ETFs contributing to the next leg of rally to $100,000. Currently, BTC has strong support at $75,600. If BTC maintains the momentum, it could likely have another jump to $90K, making its way to the $100K mark by the end of the year. While Bitcoin shows strong potential for further gains, it’s essential to maintain a clear investment strategy to reduce the risks involved in the asset class. Do your own research before investing in a token. Keep yourself updated on news and other updates. For eg; while several indicators suggest Bitcoin could reach the $100K mark by year-end, geopolitical uncertainties—such as potential escalations in the Middle East—could still shift market directions. Building a margin of safety into your investments is key to mitigating unexpected market reactions and preserving stability amidst volatility.#WillBTCBreak100KSoon $BTC

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Bitcoin hits new $85K high, with just 17% left for BTC $100K record#BTCBreaks86k #HaveYouBinanced Bitcoin’s price is now just 17% away from surpassing the $100,000 mark, which could occur before the end of 2024 due to Trump’s presidential victory, analysts told Cointelegraph. Bitcoin’s BTC tickers down $86,254 price breached a new all-time high of $85,000 at 18:41 pm in UTC, Cointelegraph data shows. The new all-time high comes a week after former President Donald Trump won the 2024 elections in the United States, securing his second term in office. The new $85,000 record high puts Bitcoin’s price just 17.6% away from reaching the psychological $100,000 mark, which could occur before the end of 2024.#BTCBreaks86k $BTC

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#BTCBreaks86k Bitcoin is trading at record high near $85,000. Is it a good time to buy? Bitcoin reached an all-time high near $85,000 on Monday, amid enthusiasm that digital assets may face a more friendly regulatory environment after Donald Trump won the U.S. presidential election last week. The largest cryptocurrency BTCUSD hit a record high at $84,989 on Monday, according to Dow Jones Market Data. It traded at around $84,938 early afternoon on Monday, up 102% year to date. Several industry participants are bullish that bitcoin could go even higher by the end of the year. Matt Hougan, chief investment officer at Bitwise, said he expects bitcoin to reach as high as $100,000 by the end of the year, and $200,000 by the end of 2025, as Trump has vowed to appoint a crypto-friendly chair to the Securities and Exchange Commission and build a bitcoin reserve in the U.S. Still, investors should remain cautious, with bitcoin being highly volatile. The market is currently in a “state of euphoria,” analysts at QCP Capital wrote in a Monday note. Basis yields of bitcoin perpetual futures, which refer to the difference between the spot price of an asset (in this case bitcoin) and the price of perpetual futures, stand at seven-month highs. It shows that leverage is at an elevated level in the market. “While we remain structurally bullish, we are cautious of any pullbacks, especially from leveraged washouts,” the QCP analysts noted. “Historically, such spikes in basis yields have not lasted very long either.” Meanwhile, investors will be closely watching whether Trump will continue to signal support for digital assets, and whether and how he might deliver his promises to the crypto industry.#BTCBreaks86k $BTC

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