$SUI The $SUI chart is showing positive signals for an uptrend; the formation of a bearish wedge pattern on the daily timeframe and a successful retest of the previous high are among the signs of this potential. In addition, the news of a new partnership with World Liberty Financial could have a positive impact on market sentiment. If these barriers are overcome, further growth can be expected.
In a few hours, essential economic data will be released, which will have a significant impact on the global market! š Key events to watch: 1.Unemployment Rate (Feb) 2.Nonfarm Payrolls (Feb) 3.Average Hourly Earnings (MoM) (Feb) 4.Fed Chair Powell Speaks If the data comes out positive, then crypto market will turn bullish Otherwise, Bitcoin & Crypto Market could drop At the time of the data release. Disclaimer: So, until the data is released, avoid taking any trades! At that moment, technical analysis holds no value, and any trade could go wrong. Sometimes, no trade is the best trade! Stay patient and let the market react first.
š Will $BTC Reach $500K by 2028? š¹ Standard Chartered predicts $BTC could hit $500K in the coming years, assuming improved liquidity and reduced volatility. š Projected Targets: $200K (2025) | $300K (2026) $400K (2027) | $500K (2028) šÆ Jeff Kendrick previously forecasted $125K for 2024, with $BTC peaking at $108K, making his predictions fairly accurate. But will Bitcoinās 4-year cycle persist, or are we entering a new market era? ā³