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$3 trillion asset manager Goldman Sachs says it will evaluate participating in Bitcoin or Ethereum markets if regulators permit. Goldman Sachs CEO David Solomon spoke at a Reuters NEXT press conference about the firms’ future in crypto, saying that further investments in Bitcoin would “be evaluated.”
$BTC #bitcoin☀️ #Etherim
Last week, Bitcoin passed $100,000 for the first time. The achievement was the peak of a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration. Multiple financial firms and asset managers are now putting their two cents into the crypto industry conversation. Furthermore, Ethereum is also climbing higher in price, and is expected to follow Bitcoin’s price surge, hence why Goldman Sachs is taking an interest.

Fetch.ai (FET) is emerging as one of the most promising projects in the cryptocurrency space, leveraging artificial intelligence (AI) and blockchain to revolutionize industries. With its innovative use cases and strong market performance, FET is capturing the attention of traders and investors alike.
Current Market Performance
Fetch.ai is currently trading at $2.02, marking a strong bullish trend in 2024 with a price surge of over 325% year-to-date. This momentum is supported by consistent higher highs and higher lows on its daily chart. The trading volume has also increased, indicating growing market interest and liquidity.
Key Developments Driving Growth
1. $100 Million Investment in Fetch Compute: Fetch.ai recently announced a major investment in its computational infrastructure, introducing Fetch Compute, which integrates high-performance GPUs to enhance its ecosystem. This development is set to empower developers and expand real-world applications.
2. Strategic Partnerships:
In collaboration with Bosch, Fetch.ai launched the Fetch.ai Foundation, focusing on industrial AI use cases.
A $10 million investment from Bitget further supports Fetch.ai's growth and adoption.
3. Real-World Use Cases: Fetch.ai is pioneering applications in supply chain management, finance, and IoT, positioning itself as a leader in decentralized AI. This integration is expected to drive demand for the FET token.
Technical Outlook
The daily chart shows a breakout above key resistance levels, with a clear bullish continuation pattern. Indicators such as RSI suggest the asset is nearing overbought territory but still has room for upside. Analysts predict potential price targets of $2.55 by the end of 2024 and up to $4.41 in 2025, depending on broader market conditions.
Why FET is a Strong Investment Opportunity
Fetch.ai combines cutting-edge technology with practical applications, making it one of the most exciting altcoins. Its roadmap, which includes advancements in AI, decentralized finance (DeFi), and Web3, sets it apart as a long-term contender in the crypto space.

Buy FET From Here 👇
#Fetch_ai #altsesaon

Current Trend:

BTC has broken above $100,000, signaling strong bullish momentum and price discovery.

The trend remains upward on higher timeframes, with $110,000 as the next resistance.

Key Levels:

Support: $100,000, $90,000

Resistance: $110,000, $125,000-$135,000

Future Outlook:

Short-Term (1-3 months): Consolidation between $100K-$110K with possible corrections to $95K.

Mid-Term (3-6 months): Targeting $125K-$135K.

Long-Term (6-12 months): Potential rally toward $150K-$200K, driven by post-halving momentum and institutional demand.

Risks:

Macroeconomic factors and profit-taking at key levels could slow the rally.

BTC is positioned for continued growth, but corrections are natural in a bull market.
#BTC100K! #bitcoin☀️ $BTC

Support and Resistance Analysis
1. Support Levels:
$9.05: The 24-hour low on the chart is a critical short-term support. If the price retraces, this level could act as a key area to watch.
$7.00 - $7.50: This zone served as a consolidation area before the breakout. It's a strong support level, especially if the price drops significantly.

2. Resistance Levels:
$11.03 - $11.05: This is the 24-hour high and an immediate resistance level. The price has tested this area, so a breakout above it could lead to further bullish movement.
$12.00 - $12.50: If the price breaks $11.03, this zone could act as the next resistance based on historical price action.
$DOT
Price Prediction
The upward momentum indicates strong buying pressure, and the 12.28% daily increase reflects bullish sentiment. Here’s a potential outlook:
1. Bullish Case:
If the price breaks above $11.03 with volume, DOT/USDT could target $12.00 - $12.50 in the short term.
If broader market sentiment (e.g., Bitcoin dominance and macro conditions) remains positive, the price might push toward $14.00 - $15.00 in the medium term.
2. Bearish Case:
A rejection at $11.03 or $12.00 could lead to a retracement to the $9.05 support.
If the market weakens, prices might revisit the $7.00 - $7.50 range.
Key Indicators to Watch
1. Volume: A significant increase in trading volume at resistance levels could confirm a breakout.
2. Relative Strength Index (RSI): Check for overbought or oversold conditions. If RSI is near 70, a pullback might occur.
3. Moving Averages: If the price stays above key moving averages (e.g., 20-day or 50-day), the trend remains bullish.
Tags
#DOTUSDT #CryptoAnalysis #SupportAndResistance #CryptoTrading #PricePrediction #Polkadot #BullishTrend #BearishScenario #CryptoMarket #TechnicalAnalysis

📈 According to previous analysis, BTC has pumped from its support area and is currently trading near the trend-line resistance zone. If BTC breaks through the trend-line resistance with high volume and successfully takes support, there is a possibility it could reach $73k. However, if it fails to take support after breaking the trend-line resistance, we might see a dump in BTC.

🏹 My Personal Opinion: The next few months, including this one, are crucial for the market. For an altcoin season to start, BTC either needs to pump or stabilize in a specific area. This will reduce BTC dominance, allowing altcoins to start pumping, as discussed in the previous altcoin analysis. Some long-term signals have already hit, and hopefully, you will see all signals hit soon, InshaAllah.
$BTC #bitcoin #crypto

At First See Our Previous Analyses 👇

BTC Analysis: Prediction Hits the Target Perfectly

Over the past 7-8 months, our $BTC analysis has consistently highlighted key price levels and trends. In our last prediction, we noted that BTC, influenced by geopolitical tensions, might find support at $60,680 and $59,300, or test the lower support range between $58,000 and $56,600.

As shown in the chart, BTC has now hit our predicted support zones perfectly, confirming the accuracy of our analysis. The price responded as expected, finding stability at the anticipated levels. This successful prediction reinforces the reliability of our approach and the precision of our analysis.

🇦🇪 UAE Eliminates Taxes on All Crypto Transactions

The United Arab Emirates (UAE) has eliminated taxes on all cryptocurrency transactions, positioning itself as a leading hub for digital assets.
Immediate Impacts
Investment Surge:
The tax removal is expected to attract crypto startups and investors, boosting innovation in sectors like decentralized finance (DeFi) and NFTs.

Talent Attraction:
A favorable tax environment will draw skilled professionals to the region.
Regulatory Enhancements:
The UAE may implement stricter regulations to ensure market security.

Global Implications
This decision could prompt other countries to reassess their crypto tax policies, increasing competition among crypto-friendly nations. However, short-term market volatility may arise as investors rush to take advantage of the new environment.

Conclusion
The UAE's bold move signals a promising future for crypto, enhancing its appeal as a global destination for digital asset investment and innovation.