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On $DXY chart, it broke down to a support trendline followed by a very accurate retest to flip the resistance trendline. It is expected a continuation of downtrend in $DXY.
On $BTC chart, it broke out to a resistance trendline followed by a small consolidation.
It continues the uptrend after the consolidation. #link #xrp #etf
Bitcoin: Could BTC Hit $45K by the Start of 2024? JP JP
Bitcoin ETF ETF
Bitcoin BTC
Spot SPOT
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TheBitTimes By TheBitTimes
22m ago âą 4 mins read Bitcoin: Could BTC Hit $45K by the Start of 2024? Table of Contents Spot Bitcoin ETF Approval Could Incite Climb to $45,000 The prevalence of the industryâs most prominent digital asset has been undeniable throughout the year. Yet, with investors swarming amidst talks of potential exchange-traded fund approval for this year, could Bitcoin (BTC) actually reach $45,000 by the start of 2024?
Following a false report of Spot Bitcoin ETF approval, the crypto surged across various platforms. Specifically, on Binannceâs BTC and USDT markets, the price had increased from $27.883 to $30,000 in just 30 minutes. Therefore, could that 7% rapid jump catapult the asset when approval comes to fruition? Spot Bitcoin ETF Approval Could Incite Climb to $45,000 Bitcoin has always remained in a class of its own as far as digital assets are concerned. Indeed, crypto stands alone in terms of its overall mainstream appeal and recognition from those outside of the industry. Yet, it may be headed for a different stratosphere amid overall market changes this year.
Indeed, Bitcoin (BTC) could be on its way to $45,000 by the start of 2024. The bullish prediction is connected to the widely held b$BTC elief that Spot Bitcoin ETF approval is on the horizon. Specifically, experts like Mike Novogratz, Coinbase, and JP Morgan have stated their expectations for approval before the year ends. #xrp #BTC #EFT #ETH
BTC Could Reach $32K Before a Strong Dump, Says Analyst
Lemon, a cryptocurrency trader and analyst, predicted that BTC may experience an âabsolute dumpâ towards the end of the year. According to the post, BTC could reach $32K due to positive ETF developments before the dump. At press time, BTC was trading above $30K after its 24-hour gain of 1.43%. The cryptocurrency trader and analyst Lemon predicted in an X (formerly Twitter) post yesterday that Bitcoin (BTC) may undergo a strong dump towards the end of the year. In the post, the analyst anticipated that the market leader may close the $32K gap for some exchange-traded fund (ETF) news. Shortly thereafter, he believes BTC will experience an âabsolute dumpâ. #xrp #BTC #ETH