The market is going to 92 thousand and may possibly drop to | Husky_Satoshi on Binance Square

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The market is going to 92 thousand and may possibly drop to 83 k

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Will it go up tomorrow or should I leave haha

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#Bitcoin #Ethereum Ethereum’s fundamentals in November 2024 remain robust despite recent market fluctuations. The cryptocurrency’s ecosystem is seeing significant developments that underline its long-term potential: 1. Layer-2 Scaling Growth: Ethereum’s Layer-2 solutions, such as Arbitrum and Optimism, have reached record highs in Total Value Locked (TVL), currently exceeding $16 billion. This reflects increased adoption for lower-cost and faster transactions on Ethereum’s network . 2. Upcoming Upgrades: The anticipated “Dencun” upgrade, planned for early 2025, will include EIP-4844 (proto-danksharding), significantly improving Ethereum’s scalability by reducing Layer-2 gas fees. This is expected to boost network activity and adoption . 3. Real-World Asset Tokenization: Ethereum continues to lead in tokenizing traditional financial assets, bringing more real-world use cases to the blockchain. This trend aligns with growing institutional interest in on-chain financial products . 4. Spot ETF Approval Prospects: Analysts anticipate the approval of a spot Ethereum ETF in 2024, following Bitcoin’s lead. This could bring new institutional investors and liquidity to the market, potentially driving Ethereum’s price higher . 5. Current Market Performance: Ethereum’s price in mid-November 2024 hovers around $3,200, with predictions of moderate growth by year-end. The asset has more than doubled in value since mid-2022 lows, underscoring its resilience despite broader crypto market volatility . These factors position Ethereum as a strong player in the cryptocurrency space, with significant potential for growth in adoption and network utility.

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#Bitcoin #TopCoinsSeptember Actualmente, Bitcoin se cotiza alrededor de los $70,000, con predicciones de que podría alcanzar entre $76,000 y $78,000 para fin de año. Esta tendencia es apoyada por factores como el reciente halving (que tiende a impulsar

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#Bitcoin Bitcoin ha tenido una tendencia bajista recientemente, reflejando la volatilidad inherente de las criptomonedas. Las caídas pueden ser impulsadas por una variedad de factores, entre ellos: 1. Factores macroeconómicos: Cambios en las tasas de i

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#Bitcoin Bitcoin ha tenido una tendencia bajista recientemente, reflejando la volatilidad inherente de las criptomonedas. Las caídas pueden ser impulsadas por una variedad de factores, entre ellos: 1. Factores macroeconómicos: Cambios en las tasas de interés o decisiones de los bancos centrales que afectan los activos de riesgo. 2. Regulaciones: Las noticias de posibles restricciones o regulaciones en mercados clave (como EE. UU. o Europa) suelen impactar negativamente. 3. Sentimiento del mercado: Movimientos de grandes inversores (ballenas) y niveles de sobrecompra o sobreventa en análisis técnicos. Si estás considerando operar, podrías enfocarte en niveles clave de soporte y resistencia para identificar posibles puntos de entrada o salida. También podrías estar atento a factores macroeconómicos que afecten el sentimiento general de los inversores en activos de riesgo, ya que muchas veces estos elementos son clave para la acción del precio.

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