**🚀 Bitcoin Breaks $96K! Ethereum & Doge Also Rise, Analysts Predict BTC to $150K!**
**📌 Market Update (May 1, 2024):**
- **Bitcoin (BTC)**: **+2.72%** → **$96,815** (intraday high **$97,437**).
- **Ethereum (ETH)**: **+2.76%** → **$1,844**.
- **Dogecoin (DOGE)**: **+4.88%** → **$0.1812**.
- **BTC Dominance**: **63.8%** (highest this year!).
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### **💡 What Caused the Rally?**
1️⃣ **Safe Haven Asset**: Investors flee to BTC after the US economy contracted in Q1.
2️⃣ **$209 Million Short Liquidation**: Bearish traders caught off guard!
3️⃣ **BTC Open Interest Soars 8.21%** → Leverage & volatility increase.
4️⃣ **"Greed" Sentiment** returns (Crypto Fear & Greed Index).
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### **📈 Analyst Predictions:**
- **Peter Brandt**: BTC could reach **$125K-$150K** (bull market peak) **August/September 2024** if it maintains a parabolic trend.
- **CryptoBullet**: ETH ready for a mid-term rally → **Target $2,500**!
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### **📊 Stocks & Crypto Support Each Other:**
- **Nasdaq (+1.52%)** led by **Microsoft (+8.01%)** & **Meta (+4.23%)** after strong earnings reports.
- **Crypto Market Capitalization**: **$3.01T** (+2.02% in 24 hours).
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### **🔍 Top Gainers (24 Hours):**
- **Walrus (WAL)**: +16.07%
- **Sonic (S)**: +16.02%
- **Immutable (IMX)**: +10.21%
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**⚠️ Warning:**
- The market is still volatile — **be cautious with leverage**.
- **Don't FOMO** — always do research before entering!
