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Expert Shares XRP Historical Shakeout Pattern that Could Initiate 105,000% Rally
Discussions around XRP have intensified, particularly due to the recently concluded legal battle between Ripple, the San Franciscso-based cross-border payment firm, and the U.S. Securities and Exchange Commission (SEC).
Brett Hill (@Brett_Crypto_X), a well-known figure in the XRP community, recently shared a technical analysis of XRP’s price chart, bolstering the speculation of an impending XRP surge.
Source: X
The primary focus of the analysis is a crucial triangle pattern. This pattern is a classic technical analysis formation that occurs when an asset’s price movements become progressively narrower, leading to a point of convergence.
In XRP’s case, this triangle pattern has been developing over several years, beginning in January 2018, following XRP’s all-time high of $3.84.
The triangle pattern in question has two converging trendlines. The bottom trendline was established by a decline in XRP’s price from its all-time high. The upper trendline was formed by a subsequent surge in price in April 2021 when XRP hit $1.96.
As these two trendlines approach convergence, XRP has been consolidating within the triangle, a phenomenon the chart highlighted as a shakeout period.
Technical analysts often interpret the formation of such a triangle pattern as an indication of a pending breakout. The direction and magnitude of the breakout are typically uncertain until the price definitively moves beyond one of the trendlines.
However, the historical context and the specifics of this pattern have led some to predict that XRP may experience a significant upward movement, potentially leading to a new all-time high of $600.
Comparisons to Historical Patterns
A key aspect of the current analysis is the comparison between the ongoing triangle pattern and a similar pattern that occurred between 2013 and 2017. During that period, XRP experienced a prolonged consolidation phase, followed by a breakout that propelled the asset to its 2018 peak.
Copied#
#Xrp🔥🔥 #VOTEme
Discussions around XRP have intensified, particularly due to the recently concluded legal battle between Ripple, the San Franciscso-based cross-border payment firm, and the U.S. Securities and Exchange Commission (SEC).
Brett Hill (@Brett_Crypto_X), a well-known figure in the XRP community, recently shared a technical analysis of XRP’s price chart, bolstering the speculation of an impending XRP surge.
Source: X
The primary focus of the analysis is a crucial triangle pattern. This pattern is a classic technical analysis formation that occurs when an asset’s price movements become progressively narrower, leading to a point of convergence.
In XRP’s case, this triangle pattern has been developing over several years, beginning in January 2018, following XRP’s all-time high of $3.84.
The triangle pattern in question has two converging trendlines. The bottom trendline was established by a decline in XRP’s price from its all-time high. The upper trendline was formed by a subsequent surge in price in April 2021 when XRP hit $1.96.
As these two trendlines approach convergence, XRP has been consolidating within the triangle, a phenomenon the chart highlighted as a shakeout period.
Technical analysts often interpret the formation of such a triangle pattern as an indication of a pending breakout. The direction and magnitude of the breakout are typically uncertain until the price definitively moves beyond one of the trendlines.
However, the historical context and the specifics of this pattern have led some to predict that XRP may experience a significant upward movement, potentially leading to a new all-time high of $600.
Comparisons to Historical Patterns
A key aspect of the current analysis is the comparison between the ongoing triangle pattern and a similar pattern that occurred between 2013 and 2017. During that period, XRP experienced a prolonged consolidation phase, followed by a breakout that propelled the asset to its 2018 peak.
Copied#
#Xrp🔥🔥 #VOTEme
Crypto Analyst Predicts XRP Price Will Rally 50,000% To $250, Here’s When
Crypto analyst Chad Steingraber has made an ultra-bullish price prediction for the XRP price, stating that the crypto token’s price could rise to three figures. The analyst also outlined when this price target will be attained.
XRP Will Hit $250 In This Market Cycle
Steingraber mentioned in an X (formerly Twitter) post that XRP will reach $250 by 2025, which he believes will represent the market top for the crypto token in this bull run. He made this prediction while stating that Bitcoin and Ethereum will hit $250,000 and $25,000 in 2025, which will also be their market top.
Related Reading
Steingraber has previously provided several reasons why he is so bullish on XRP and believes the crypto token could attain such heights. He once alluded to a potential XRP ETF as one factor that could trigger significant price surges for XRP. He explained that an XRP ETF would give the crypto token an added utility as fund issuers for the XRP ETFs will direct their assets into an institutional liquidity hub.
He believes an XRP ETF will drive more demand for the crypto token, ultimately driving up its price when a supply shock occurs. Steingraber also believes that the Securities and Exchange Commission’s (SEC) lawsuit against Ripple is one of the factors suppressing XRP’s price.
He had earlier claimed that XRP’s price wasn’t going up because new money wasn’t flowing into its ecosystem and affirmed that the crypto token would likely see an influx of new money once the SEC’s case against Ripple is over. Steingraber isn’t the only one who believes that XRP’s price could skyrocket and climb to three figures once the lawsuit ends.
Crypto analyst JackTheRippler also predicted that XRP would rise above $100 once the case ends. The analyst even gave a more bullish prediction than Steingraber’s, stating that XRP hitting $10,000 was achievable after the lawsuit. Crypto analyst CryptoBull also predicted that XRP could reach three figures, rallying 28,900% to $154.
$XRP
Crypto analyst Chad Steingraber has made an ultra-bullish price prediction for the XRP price, stating that the crypto token’s price could rise to three figures. The analyst also outlined when this price target will be attained.
XRP Will Hit $250 In This Market Cycle
Steingraber mentioned in an X (formerly Twitter) post that XRP will reach $250 by 2025, which he believes will represent the market top for the crypto token in this bull run. He made this prediction while stating that Bitcoin and Ethereum will hit $250,000 and $25,000 in 2025, which will also be their market top.
Related Reading
Steingraber has previously provided several reasons why he is so bullish on XRP and believes the crypto token could attain such heights. He once alluded to a potential XRP ETF as one factor that could trigger significant price surges for XRP. He explained that an XRP ETF would give the crypto token an added utility as fund issuers for the XRP ETFs will direct their assets into an institutional liquidity hub.
He believes an XRP ETF will drive more demand for the crypto token, ultimately driving up its price when a supply shock occurs. Steingraber also believes that the Securities and Exchange Commission’s (SEC) lawsuit against Ripple is one of the factors suppressing XRP’s price.
He had earlier claimed that XRP’s price wasn’t going up because new money wasn’t flowing into its ecosystem and affirmed that the crypto token would likely see an influx of new money once the SEC’s case against Ripple is over. Steingraber isn’t the only one who believes that XRP’s price could skyrocket and climb to three figures once the lawsuit ends.
Crypto analyst JackTheRippler also predicted that XRP would rise above $100 once the case ends. The analyst even gave a more bullish prediction than Steingraber’s, stating that XRP hitting $10,000 was achievable after the lawsuit. Crypto analyst CryptoBull also predicted that XRP could reach three figures, rallying 28,900% to $154.
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JASMY Rises Up Taking Rank 51 in Market Cap and Continues Its Bullish Upward Rally Amid Hard Altc...
JASMY takes rank 51 in CoinMarketCap’s rankings for largest market cap.
The altcoins climbed the ranks as other altcoins faced a hard price dip.
JASMY is now one step away from claiming the top 50 coins rank in the world.
As the crypto market experienced a sudden and unexpected dip in many altcoins over the last 24 hours, one altcoin stays strong. JasmyCoin’s JASMY not only remained in a bullish state, but it claimed rank 51 on CoinMarketCap based on the largest market cap list.
To highlight, this dip bought JASMY just one step away from being in the top 50 largest cryptos in the world’s rankings. The JASMY community is very excited to see the rapid growth of their beloved token.
While they celebrate the fact that the entire crypto market is red but JASMY in green continues to shoot up the ranks. Some members of the community take a moment to appreciate how far JASMY has come.
The JASMY team and community are highly bullish on the capability of JASMY’s price performance this season with numerous price predictions expecting JASMY to surpass $10 this cycle. The team in particular puts the JASMY price at $17 in 2026.
Read Also
JASMY Prints Giant Cup and Handle Pattern Signaling Major Bullish Movement Taking JASMY Price to $0.7
JASMY Will Hit $17 According to JasmyCoin CFO and CEO, an Expectation for when JASMY Hits 107 Million Users
Bullish JASMY Sentiment Accelerates JasmyCoin’s Price Trajectory to Hit $1-$5 Soon, Will JASMY Surpass $10?
Will JASMY Surpass the $1 Mark in 2024? Insights into JasmyCoin’s Future Growth
Varying JASMY Predictions Keep JasmyCoin Traders on Their Toes, Analysts Say Slow Momentum Pump Incoming
The post JASMY Rises Up Taking Rank 51 in Market Cap and Continues its Bullish Upward Rally Amid Hard Altcoins Crash appeared first on Crypto News Land.
$JASMY
#Binance200M #jasmyrocket #CryptoNewss #TopCoinsJune2024
JASMY takes rank 51 in CoinMarketCap’s rankings for largest market cap.
The altcoins climbed the ranks as other altcoins faced a hard price dip.
JASMY is now one step away from claiming the top 50 coins rank in the world.
As the crypto market experienced a sudden and unexpected dip in many altcoins over the last 24 hours, one altcoin stays strong. JasmyCoin’s JASMY not only remained in a bullish state, but it claimed rank 51 on CoinMarketCap based on the largest market cap list.
To highlight, this dip bought JASMY just one step away from being in the top 50 largest cryptos in the world’s rankings. The JASMY community is very excited to see the rapid growth of their beloved token.
While they celebrate the fact that the entire crypto market is red but JASMY in green continues to shoot up the ranks. Some members of the community take a moment to appreciate how far JASMY has come.
The JASMY team and community are highly bullish on the capability of JASMY’s price performance this season with numerous price predictions expecting JASMY to surpass $10 this cycle. The team in particular puts the JASMY price at $17 in 2026.
Read Also
JASMY Prints Giant Cup and Handle Pattern Signaling Major Bullish Movement Taking JASMY Price to $0.7
JASMY Will Hit $17 According to JasmyCoin CFO and CEO, an Expectation for when JASMY Hits 107 Million Users
Bullish JASMY Sentiment Accelerates JasmyCoin’s Price Trajectory to Hit $1-$5 Soon, Will JASMY Surpass $10?
Will JASMY Surpass the $1 Mark in 2024? Insights into JasmyCoin’s Future Growth
Varying JASMY Predictions Keep JasmyCoin Traders on Their Toes, Analysts Say Slow Momentum Pump Incoming
The post JASMY Rises Up Taking Rank 51 in Market Cap and Continues its Bullish Upward Rally Amid Hard Altcoins Crash appeared first on Crypto News Land.
$JASMY
#Binance200M #jasmyrocket #CryptoNewss #TopCoinsJune2024
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$JASMY : The Path to a $1 Token
Jasmy is a #blockchain platform focused on data democratization and IoT integration, it has been gaining significant attention in the cryptocurrency market. With its unique approach to data security and the rapidly growing interest in IoT solutions, many analysts believe that Jasmy has the potential to reach $1 per token. This article explores the key factors driving this optimistic outlook and the potential road to achieving this milestone.
1. Innovative Technology and Vision
Data Democratization
Jasmy aims to decentralize data management, giving users control over their personal information. This vision resonates strongly in an era where data privacy is a major concern. By allowing users to own and monetize their data, Jasmy taps into a growing demand for secure, user-centric data solutions.
IoT Integration
The Internet of Things (IoT) market is expanding rapidly, with billions of devices expected to be connected in the coming years. Jasmy's platform is designed to securely manage and analyze data from IoT devices, positioning it as a key player in this burgeoning market.
2. Strong Partnerships and Ecosystem Growth
Collaborations with Industry Leaders
Jasmy has established strategic partnerships with major corporations and technology firms. These collaborations not only enhance its technological capabilities but also increase its credibility and market reach. Partnerships with companies in the IoT and data security sectors are particularly beneficial, as they help integrate Jasmy’s solutions into existing and new markets.
Developer and User Engagement
A robust ecosystem is essential for any blockchain project. Jasmy has been actively engaging with developers and users to build a vibrant community. Initiatives such as hackathons, developer grants, and educational programs are fostering innovation and adoption within the Jasmy #ecosystem
#jasmyrocket #Jasmyusdt⚠️⚠️ #JasmyCoin: #jasmyustd #Jasmyfan $JASMY
Jasmy is a #blockchain platform focused on data democratization and IoT integration, it has been gaining significant attention in the cryptocurrency market. With its unique approach to data security and the rapidly growing interest in IoT solutions, many analysts believe that Jasmy has the potential to reach $1 per token. This article explores the key factors driving this optimistic outlook and the potential road to achieving this milestone.
1. Innovative Technology and Vision
Data Democratization
Jasmy aims to decentralize data management, giving users control over their personal information. This vision resonates strongly in an era where data privacy is a major concern. By allowing users to own and monetize their data, Jasmy taps into a growing demand for secure, user-centric data solutions.
IoT Integration
The Internet of Things (IoT) market is expanding rapidly, with billions of devices expected to be connected in the coming years. Jasmy's platform is designed to securely manage and analyze data from IoT devices, positioning it as a key player in this burgeoning market.
2. Strong Partnerships and Ecosystem Growth
Collaborations with Industry Leaders
Jasmy has established strategic partnerships with major corporations and technology firms. These collaborations not only enhance its technological capabilities but also increase its credibility and market reach. Partnerships with companies in the IoT and data security sectors are particularly beneficial, as they help integrate Jasmy’s solutions into existing and new markets.
Developer and User Engagement
A robust ecosystem is essential for any blockchain project. Jasmy has been actively engaging with developers and users to build a vibrant community. Initiatives such as hackathons, developer grants, and educational programs are fostering innovation and adoption within the Jasmy #ecosystem
#jasmyrocket #Jasmyusdt⚠️⚠️ #JasmyCoin: #jasmyustd #Jasmyfan $JASMY
Terra Luna Classic Core Developer Submits Major Proposal, LUNC to $1?
Terra Luna Classic developer Genuine Labs proposes to become core developer of the chain. LUNC price set for major rally after breakout and golden cross.
HIGHLIGHTS
Terra Luna Classic developer Genuine Labs proposes to become managing team of LUNC repository.
The developer group seeks $10,000 per month in LUNC for maintenance and other related tasks.
LUNC price breakout above rectangular pattern followed by golden cross can set a massive rally to $1.
Terra Luna Classic developer Genuine Labs proposes to become the official core developer of the Terra Classic chain. The developer group believes the chain needs a team for code reviewing, PR merging, and maintenance and it has become critical after the JL1TF was disbanded
“”Copied””
#LUNC✅ #luncforever
$LUNC
Terra Luna Classic developer Genuine Labs proposes to become core developer of the chain. LUNC price set for major rally after breakout and golden cross.
HIGHLIGHTS
Terra Luna Classic developer Genuine Labs proposes to become managing team of LUNC repository.
The developer group seeks $10,000 per month in LUNC for maintenance and other related tasks.
LUNC price breakout above rectangular pattern followed by golden cross can set a massive rally to $1.
Terra Luna Classic developer Genuine Labs proposes to become the official core developer of the Terra Classic chain. The developer group believes the chain needs a team for code reviewing, PR merging, and maintenance and it has become critical after the JL1TF was disbanded
“”Copied””
#LUNC✅ #luncforever
$LUNC
JASMY Price Dips On Massive Dumping By Crypto Firm
JasmyCoin's price dipped after DWF Labs' massive dumping of tokens, highlighting the volatility and profit-taking activities that influence its market performance
JasmyCoin has caught the attention of investors with a remarkable surge of over 100% in the past 30 days. However, this rapid increase has also led to significant profit-taking activities in the crypto market. According to recent reports, a major crypto market maker, DWF Labs, has been unloading large amounts of JASMY tokens, resulting in a notable dip in its price
JASMY Price Dips Amid Massive Dump
According to SpotOnChain, an on-chain transaction tracking platform, DWF Labs has deposited 97 million JASMY, worth $3.3 million, into Binance over the past three days. Notably, the report highlights that DWF Labs has been selling JASMY daily during this period, with the last transaction occurring today.
Besides, the report also showed that each deposit was followed by a short-term price drop, indicating the impact of these large-scale transactions on the market. Currently, DWF Labs holds 24 million JASMY, valued at approximately $841,000.
However, despite the recent sell-off, DWF Labs has managed to secure a substantial profit. Their total profit from these transactions is estimated at $9.49 million, representing a remarkable 307% return on investment (ROI).
Meanwhile, this activity by DWF Labs has sparked a wave of profit-taking among other investors, contributing to the downward pressure on JASMY’s price. The market is now closely watching the actions of large holders, as their transactions can significantly influence price movements in the short term
$JASMY
#jasmyrocket
JasmyCoin's price dipped after DWF Labs' massive dumping of tokens, highlighting the volatility and profit-taking activities that influence its market performance
JasmyCoin has caught the attention of investors with a remarkable surge of over 100% in the past 30 days. However, this rapid increase has also led to significant profit-taking activities in the crypto market. According to recent reports, a major crypto market maker, DWF Labs, has been unloading large amounts of JASMY tokens, resulting in a notable dip in its price
JASMY Price Dips Amid Massive Dump
According to SpotOnChain, an on-chain transaction tracking platform, DWF Labs has deposited 97 million JASMY, worth $3.3 million, into Binance over the past three days. Notably, the report highlights that DWF Labs has been selling JASMY daily during this period, with the last transaction occurring today.
Besides, the report also showed that each deposit was followed by a short-term price drop, indicating the impact of these large-scale transactions on the market. Currently, DWF Labs holds 24 million JASMY, valued at approximately $841,000.
However, despite the recent sell-off, DWF Labs has managed to secure a substantial profit. Their total profit from these transactions is estimated at $9.49 million, representing a remarkable 307% return on investment (ROI).
Meanwhile, this activity by DWF Labs has sparked a wave of profit-taking among other investors, contributing to the downward pressure on JASMY’s price. The market is now closely watching the actions of large holders, as their transactions can significantly influence price movements in the short term
$JASMY
#jasmyrocket
Important !!
Please don’t fall for scammers
Please don’t fall for scammers
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Tip $10 to get 1 BTC? That's a scam alert!⚠️
Recently, some users have claimed they’ll give something in return when users transfer a certain amount. To promote further education about scams, how to identify and prevent fraud, and protect your wealth, we have launched the Anti-Fraud Challenge. Answer the three questions below correctly and stand a chance of winning rewards.
Question 1: Is "pay now, profit later" scheme highly risky?
Question 2: Is "follow or tip first" a reasonable request?
Question 3: Does Binance Square support any requests for transfers?
For more information, please refer to the Binance Square Community Management Guidelines . #AntiFraudChallenge
Recently, some users have claimed they’ll give something in return when users transfer a certain amount. To promote further education about scams, how to identify and prevent fraud, and protect your wealth, we have launched the Anti-Fraud Challenge. Answer the three questions below correctly and stand a chance of winning rewards.
Question 1: Is "pay now, profit later" scheme highly risky?
Question 2: Is "follow or tip first" a reasonable request?
Question 3: Does Binance Square support any requests for transfers?
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Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
BTC Halving Price History
18 days before 2012 halving, BTC was 46% down from ATH.
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$BTC
18 days before 2012 halving, BTC was 46% down from ATH.
18 days before 2016 halving, BTC was 41% down from ATH
18 days before 2020 halving, #BTC was 62.5% down from ATH.
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5 Million Wallets Are Holding Almost 60 Billion XRP Tokens
XRP, one of the top 10 largest digital currencies by market capitalization, has witnessed a new milestone, with a whopping 5 million wallets holding almost 60 billion XRP tokens amid a rallying digital asset market.
As per the latest data provided by an XRP Ledger explorer, XRPL Services, there are currently 5,090,851 wallets holding 59.87 billion XRP tokens. On the other hand, there are currently 1,595 wallets with 0 zero balances.
The data shows a remarkable boost in the adoption of XRP after a US judge ruled in 2023 that XRP was not a security when sold to retail investors. However, the token was termed a security when sold to institutional investors by Judge Analisa Torres.
As per the data from CoinGecko, XRP has gained 6.7% in the past week, followed by 65.9% in the past year. However, the digital currency has underperformed when compared to other tokens like Solana (SOL), which went up by 641% in the past year.
Notably, multiple analysts have predicted a rally for XRP tokens. Recently, a crypto trader identified as CoinsKid on social media platform X stated that the cryptocurrency is gearing up for a price surge while penning a “blow-off top theory.” CoinsKid stated that there is a strong possibility for XRP to skyrocket to $2 by July.Further, there have been talks of an XRP exchange-traded fund (ETF) as well, following the approval of eleven spot Bitcoin ETF applications in the United States.
In an interview with Bloomberg TV, Ripple CEO Brad Garlinghouse said that he is open to a spot XRP ETF, adding that the offering would legitimize the cryptocurrency’s place in the traditional finance world.
#TrendingTopic #XRP/USDT🔥🔥
$XRP
Leave your thoughts below 👇 in a comment about XRP
XRP, one of the top 10 largest digital currencies by market capitalization, has witnessed a new milestone, with a whopping 5 million wallets holding almost 60 billion XRP tokens amid a rallying digital asset market.
As per the latest data provided by an XRP Ledger explorer, XRPL Services, there are currently 5,090,851 wallets holding 59.87 billion XRP tokens. On the other hand, there are currently 1,595 wallets with 0 zero balances.
The data shows a remarkable boost in the adoption of XRP after a US judge ruled in 2023 that XRP was not a security when sold to retail investors. However, the token was termed a security when sold to institutional investors by Judge Analisa Torres.
As per the data from CoinGecko, XRP has gained 6.7% in the past week, followed by 65.9% in the past year. However, the digital currency has underperformed when compared to other tokens like Solana (SOL), which went up by 641% in the past year.
Notably, multiple analysts have predicted a rally for XRP tokens. Recently, a crypto trader identified as CoinsKid on social media platform X stated that the cryptocurrency is gearing up for a price surge while penning a “blow-off top theory.” CoinsKid stated that there is a strong possibility for XRP to skyrocket to $2 by July.Further, there have been talks of an XRP exchange-traded fund (ETF) as well, following the approval of eleven spot Bitcoin ETF applications in the United States.
In an interview with Bloomberg TV, Ripple CEO Brad Garlinghouse said that he is open to a spot XRP ETF, adding that the offering would legitimize the cryptocurrency’s place in the traditional finance world.
#TrendingTopic #XRP/USDT🔥🔥
$XRP
Leave your thoughts below 👇 in a comment about XRP
$300,000 Bitcoin in 2024: 'Rich Dad Poor Dad' Author Kiyosaki Drops Epic Price Prediction…
Renowned financial educator and author Robert Kiyosaki, famous for his bestselling book "Rich Dad Poor Dad," has once again made waves in the crypto space with his bold Bitcoin price prediction. Kiyosaki took to social media to express his unwavering confidence in the leading cryptocurrency, suggesting that Bitcoin's value could soar to $300,000 by the end of 2024.
Kiyosaki's bullish stance on Bitcoin comes amid the cryptocurrency's recent roller coaster ride on the markets. After reaching a new all-time high earlier this week, Bitcoin faced a significant sell-off, causing a momentary dip of over 14%. However, the cryptocurrency swiftly rebounded, fueled by strong buying pressure, and is currently trading at $66,000.BTC to USD by CoinMarketCap
The author's faith in Bitcoin as a hedge against inflation and economic instability has been consistent. Kiyosaki has repeatedly emphasized the importance of financial preparedness and diversification, advocating for assets like gold, silver and notably, Bitcoin.
BITCOIN on fire. The biggest mistake you can make is to procrastinate. Important to start, even if only for $500. Next stop $300,000 per BC in 2024— Robert Kiyosaki (@theRealKiyosaki) March 6, 2024
With his latest prediction, Kiyosaki is doubling down on his optimistic outlook for Bitcoin's future. He previously hinted at even loftier price targets, suggesting the cryptocurrency could reach half a million dollars by 2025 and potentially hit the million-dollar mark in the foreseeable future.
While Bitcoin's volatility remains a consideration for many investors, Kiyosaki's measured outlook underscores the growing confidence in its long-term viability as an investment asset. As the cryptocurrency market continues to mature, different perspectives offer valuable insights for individuals seeking to understand and capitalize on emerging opportunities in the digital asset space
$BTC
#TrendingTopic #BTC/USDT: #Kiyosaki
Renowned financial educator and author Robert Kiyosaki, famous for his bestselling book "Rich Dad Poor Dad," has once again made waves in the crypto space with his bold Bitcoin price prediction. Kiyosaki took to social media to express his unwavering confidence in the leading cryptocurrency, suggesting that Bitcoin's value could soar to $300,000 by the end of 2024.
Kiyosaki's bullish stance on Bitcoin comes amid the cryptocurrency's recent roller coaster ride on the markets. After reaching a new all-time high earlier this week, Bitcoin faced a significant sell-off, causing a momentary dip of over 14%. However, the cryptocurrency swiftly rebounded, fueled by strong buying pressure, and is currently trading at $66,000.BTC to USD by CoinMarketCap
The author's faith in Bitcoin as a hedge against inflation and economic instability has been consistent. Kiyosaki has repeatedly emphasized the importance of financial preparedness and diversification, advocating for assets like gold, silver and notably, Bitcoin.
BITCOIN on fire. The biggest mistake you can make is to procrastinate. Important to start, even if only for $500. Next stop $300,000 per BC in 2024— Robert Kiyosaki (@theRealKiyosaki) March 6, 2024
With his latest prediction, Kiyosaki is doubling down on his optimistic outlook for Bitcoin's future. He previously hinted at even loftier price targets, suggesting the cryptocurrency could reach half a million dollars by 2025 and potentially hit the million-dollar mark in the foreseeable future.
While Bitcoin's volatility remains a consideration for many investors, Kiyosaki's measured outlook underscores the growing confidence in its long-term viability as an investment asset. As the cryptocurrency market continues to mature, different perspectives offer valuable insights for individuals seeking to understand and capitalize on emerging opportunities in the digital asset space
$BTC
#TrendingTopic #BTC/USDT: #Kiyosaki
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Bitcoin Tumbles 6% After Hitting Record High as Mounting Sell Orders Cap Price Gains
Bitcoin's new all-time high at $69,200 on Tuesday was short-lived as heavy selling pressure sent the largest cryptocurrency tumbling below $65,000
Bitcoin (BTC) tumbled about 6% from its new all-time high on Tuesday as heavy selling on crypto exchanges capped the price surge beyond $69,000.
The order book on crypto exchange Binance showed large sell orders clustered at higher price levels, with over 300 BTC, worth about $20 million, to be sold at $69,000 and more than 500 BTC for sale at $70,000.
The selling pressure posed a significant barrier to bitcoin’s price, sending the crypto lower. After briefly notching an all-time record of $69,208 at 15:04 UTC, BTC tumbled more than $1,000 in a minute and then dropped to as low as $64,700
SOURCE: COINDESK
Bitcoin Tumbles 6% After Hitting Record High as Mounting Sell Orders Cap Price Gains
Bitcoin's new all-time high at $69,200 on Tuesday was short-lived as heavy selling pressure sent the largest cryptocurrency tumbling below $65,000
Bitcoin (BTC) tumbled about 6% from its new all-time high on Tuesday as heavy selling on crypto exchanges capped the price surge beyond $69,000.
The order book on crypto exchange Binance showed large sell orders clustered at higher price levels, with over 300 BTC, worth about $20 million, to be sold at $69,000 and more than 500 BTC for sale at $70,000.
The selling pressure posed a significant barrier to bitcoin’s price, sending the crypto lower. After briefly notching an all-time record of $69,208 at 15:04 UTC, BTC tumbled more than $1,000 in a minute and then dropped to as low as $64,700
SOURCE: COINDESK
BREAKING: $BTC FLIPS SILVER IN MARKET CAP
$BTC Bitcoin hit an all-time high, reaching $69,170🔥
Caution: Volatility ahead ⚠️
⚡️all time high of $69,170.6 was recorded on bitcoin Binance official today 05/03/2024
#TrendingTopic #BTC #ATH.
$BTC Bitcoin hit an all-time high, reaching $69,170🔥
Caution: Volatility ahead ⚠️
⚡️all time high of $69,170.6 was recorded on bitcoin Binance official today 05/03/2024
#TrendingTopic #BTC #ATH.