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#SwingTradingStrategy 🧠 The Basic Principles of Swing Trading Strong Technical Analysis: Using tools such as: candlestick patterns, moving averages, support and resistance, momentum indicators (RSI, MACD). Determining the overall market direction: Entering in the trend direction (Trend Following) or at expected reversal points (Reversal). Risk Management: Setting clear stop loss and take profit levels. Using a good risk-to-reward ratio (e.g., 1:2 or 1:3). Using fundamental analysis (optional): Sometimes combined with news or earnings reports to determine entry and exit timing. 🛠️ Tools Used Tool or IndicatorBasic UseMoving AveragesTrend IdentificationMACDDetecting momentum and positive/negative crossoverRSIIdentifying overbought or oversold areasFibonacciDetermining dynamic support and resistance levelsCandlestick PatternsEntry and exit signals based on price action 📈 Practical Example (Simplified) Stock/Currency: Stock of Company XYZ Technical Analysis: The stock broke resistance after a consolidation period, with RSI below 70. Entry: At a price of $50 Target (Take Profit): $58 Stop Loss: $47 Risk: $3 Potential Profit: 8$ → Profit/Loss Ratio = approximately 1:2.6 ✅ Advantages of Swing Trading You do not need to monitor the market around the clock. Many opportunities weekly across different assets.
#SwingTradingStrategy 🧠 The Basic Principles of Swing Trading

Strong Technical Analysis:

Using tools such as: candlestick patterns, moving averages, support and resistance, momentum indicators (RSI, MACD).

Determining the overall market direction:

Entering in the trend direction (Trend Following) or at expected reversal points (Reversal).

Risk Management:

Setting clear stop loss and take profit levels.

Using a good risk-to-reward ratio (e.g., 1:2 or 1:3).

Using fundamental analysis (optional):

Sometimes combined with news or earnings reports to determine entry and exit timing.

🛠️ Tools Used

Tool or IndicatorBasic UseMoving AveragesTrend IdentificationMACDDetecting momentum and positive/negative crossoverRSIIdentifying overbought or oversold areasFibonacciDetermining dynamic support and resistance levelsCandlestick PatternsEntry and exit signals based on price action

📈 Practical Example (Simplified)

Stock/Currency: Stock of Company XYZ

Technical Analysis: The stock broke resistance after a consolidation period, with RSI below 70.

Entry: At a price of $50

Target (Take Profit): $58

Stop Loss: $47

Risk: $3

Potential Profit: 8$ → Profit/Loss Ratio = approximately 1:2.6

✅ Advantages of Swing Trading

You do not need to monitor the market around the clock.

Many opportunities weekly across different assets.
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#XSuperApp said ChatGPT: Here’s everything you need to know about the X app (formerly Twitter) and how it’s rising to become a "super-app" in every sense of the word: 🚀 What is the X "super-app"? The term super-app or "everything-app" refers to a comprehensive application that integrates multiple services such as messaging, payments, shopping, and investment management within a single platform businessinsider.com+1cincodias.elpais.com+1businessinsider.com+4en.wikipedia.org+4welt.de+4. X under the leadership of Elon Musk and Linda Yaccarino is gradually adding financial and social capabilities to become this type of app. 🧩 Current and Future Features Voice and Video Calls: You can make calls between devices without needing a phone number—just by using usernames. X Money – Digital Wallet: Partnership with Visa allows for instant money transfers and sending balances to friends first in the United States, with plans for expansion later nypost.com+6barrons.com+6business-standard.com+6. Trading and Investment: A recent announcement indicates that users will be able to make investments and financial trades within the app, part of a larger plan to add services like a credit or debit card ft.com. AI Integration (Grok): An AI bot returning from xAI currently used to provide news summaries within the app for users en.wikipedia.org. ✅ Why are they aiming to build a super-app? From WeChat to the core: Musk's inspiration came from the Chinese app WeChat, which is an integral part of life.
#XSuperApp said ChatGPT:

Here’s everything you need to know about the X app (formerly Twitter) and how it’s rising to become a "super-app" in every sense of the word:

🚀 What is the X "super-app"?

The term super-app or "everything-app" refers to a comprehensive application that integrates multiple services such as messaging, payments, shopping, and investment management within a single platform businessinsider.com+1cincodias.elpais.com+1businessinsider.com+4en.wikipedia.org+4welt.de+4. X under the leadership of Elon Musk and Linda Yaccarino is gradually adding financial and social capabilities to become this type of app.

🧩 Current and Future Features

Voice and Video Calls: You can make calls between devices without needing a phone number—just by using usernames.

X Money – Digital Wallet: Partnership with Visa allows for instant money transfers and sending balances to friends first in the United States, with plans for expansion later nypost.com+6barrons.com+6business-standard.com+6.

Trading and Investment: A recent announcement indicates that users will be able to make investments and financial trades within the app, part of a larger plan to add services like a credit or debit card ft.com.

AI Integration (Grok): An AI bot returning from xAI currently used to provide news summaries within the app for users en.wikipedia.org.

✅ Why are they aiming to build a super-app?

From WeChat to the core: Musk's inspiration came from the Chinese app WeChat, which is an integral part of life.
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The method of earning from day trading (Day Trading) relies on buying and selling assets (such as stocks or cryptocurrencies or foreign currencies) within the same day, with the goal of making a profit from short-term price fluctuations. Here’s a simplified explanation of how to earn today from trading: 🔍 First: What is day trading? Day trading is the process of opening and closing positions within the same day. This means you do not hold any asset (stock, currency, etc.) for the next day. The goal is to benefit from immediate or daily price movements. 🧠 How do you earn from day trading? 1. Choose the right market Select a market characterized by high liquidity and daily volatility, such as: The stock market (especially active stocks) Cryptocurrencies (such as Bitcoin and Ethereum) 2. Learn technical analysis Most day trading strategies rely on technical analysis, which studies charts, price movement patterns, and indicators such as: RSI (Relative Strength Index) MACD Moving averages 3. Use effective strategies Some of the most popular day trading strategies: Scalping: Quick in and out of trades to achieve small repeated profits. Momentum Trading: Entering the market when the trend starts to move strongly. Breakout Trading: Buying when breaking a resistance level or selling when breaking a support level. 4. Manage capital and risks Do not risk more than 1-2% of your capital in a single trade.
The method of earning from day trading
(Day Trading) relies on buying and selling assets (such as stocks or cryptocurrencies or foreign currencies) within the same day, with the goal of making a profit from short-term price fluctuations. Here’s a simplified explanation of how to earn today from trading:

🔍 First: What is day trading?

Day trading is the process of opening and closing positions within the same day. This means you do not hold any asset (stock, currency, etc.) for the next day. The goal is to benefit from immediate or daily price movements.

🧠 How do you earn from day trading?

1. Choose the right market

Select a market characterized by high liquidity and daily volatility, such as:

The stock market (especially active stocks)

Cryptocurrencies (such as Bitcoin and Ethereum)

2. Learn technical analysis

Most day trading strategies rely on technical analysis, which studies charts, price movement patterns, and indicators such as:

RSI (Relative Strength Index)

MACD

Moving averages

3. Use effective strategies

Some of the most popular day trading strategies:

Scalping: Quick in and out of trades to achieve small repeated profits.

Momentum Trading: Entering the market when the trend starts to move strongly.

Breakout Trading: Buying when breaking a resistance level or selling when breaking a support level.

4. Manage capital and risks

Do not risk more than 1-2% of your capital in a single trade.
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The Iranian-Israeli conflict, the Federal decision, and Powell on inflation - What drives the markets Stocks remained generally stable after the Federal Reserve chose to keep interest rates unchanged, but indicated that cuts may come this year. Investors are monitoring statements from Federal Reserve Chairman Jerome Powell, who warned that the impact of high U.S. tariffs has yet to show. Elsewhere, Israel and Iran exchanged new airstrikes, while the world waits to see if President Donald Trump will involve the United States in the conflict. We await what happens and hope for de-escalation.
The Iranian-Israeli conflict, the Federal decision, and Powell on inflation - What drives the markets

Stocks remained generally stable after the Federal Reserve chose to keep interest rates unchanged, but indicated that cuts may come this year. Investors are monitoring statements from Federal Reserve Chairman Jerome Powell, who warned that the impact of high U.S. tariffs has yet to show. Elsewhere, Israel and Iran exchanged new airstrikes, while the world waits to see if President Donald Trump will involve the United States in the conflict. We await what happens and hope for de-escalation.
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#CryptoStocks Bitcoin (BTC) price under pressure: a security breach of $90 million, and institutional buying of $20 million, with support showing up again  - Bitcoin price predictions despite the Toronto Stock Exchange's approval of the launch of the Exchange-Traded Fund for Ripple (XRP ETF) by 3iQ not directly leading to a rise in Bitcoin (Bitcoin) price, this step is considered a victory for the entire digital asset sector; the support from Ripple Labs for the fund and its launch without management fees makes it available to a wider segment of small investors and investment institutions.
#CryptoStocks Bitcoin (BTC) price under pressure: a security breach of $90 million, and institutional buying of $20 million, with support showing up again

 - Bitcoin price predictions despite the Toronto Stock Exchange's approval of the launch of the Exchange-Traded Fund for Ripple (XRP ETF) by 3iQ not directly leading to a rise in Bitcoin (Bitcoin) price, this step is considered a victory for the entire digital asset sector; the support from Ripple Labs for the fund and its launch without management fees makes it available to a wider segment of small investors and investment institutions.
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What You Need to Know About Litecoin LTC#GENIUSActPass How Does Litecoin Work? Litecoin is an online network that people can use to send payments from one person to another. Litecoin is a peer-to-peer (P2P) system and it is decentralized, which means it is not controlled by any entity or government. The payment system does not deal with physical currencies (paper or coin), such as dollars or euros, but instead uses its own unit of account, which is also called Litecoin (symbol: Ł or LTC). This is why you will often see Litecoin classified as a virtual currency or digital currency. Litecoin can be bought and sold for traditional cash in a variety of exchanges available online. Where Did Litecoin Come From? The supply growth of Litecoin is decentralized and is guided by the Litecoin protocol, which assigns the creation of new digital coins to Litecoin participants. The maximum number of Litecoins is capped at 84 million in total, but not all digital coins of Litecoin have been created yet; there are approximately 69 million Litecoins in circulation, which means there are less than 15 million Litecoins left to mine. Of course, there is a lot of information about the currency, but it is a very strong project.
What You Need to Know About Litecoin LTC#GENIUSActPass

How Does Litecoin Work?

Litecoin is an online network that people can use to send payments from one person to another. Litecoin is a peer-to-peer (P2P) system and it is decentralized, which means it is not controlled by any entity or government. The payment system does not deal with physical currencies (paper or coin), such as dollars or euros, but instead uses its own unit of account, which is also called Litecoin (symbol: Ł or LTC). This is why you will often see Litecoin classified as a virtual currency or digital currency. Litecoin can be bought and sold for traditional cash in a variety of exchanges available online.

Where Did Litecoin Come From?

The supply growth of Litecoin is decentralized and is guided by the Litecoin protocol, which assigns the creation of new digital coins to Litecoin participants. The maximum number of Litecoins is capped at 84 million in total, but not all digital coins of Litecoin have been created yet; there are approximately 69 million Litecoins in circulation, which means there are less than 15 million Litecoins left to mine.
Of course, there is a lot of information about the currency, but it is a very strong project.
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My trading style is based on reading candlesticks and determining trends, whether upward or downward, while focusing on reading news, which is a very important part along with technical analysis. The most important thing for every trader is patience and not rushing, so as not to make decisions that lead to losing your money. We learn something new every day, and no one is too great to learn from others. My advice to everyone is to benefit from the experiences of others and try to learn.
My trading style is based on reading candlesticks and determining trends, whether upward or downward, while focusing on reading news, which is a very important part along with technical analysis. The most important thing for every trader is patience and not rushing, so as not to make decisions that lead to losing your money. We learn something new every day, and no one is too great to learn from others. My advice to everyone is to benefit from the experiences of others and try to learn.
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On Tuesday, the U.S. Senate approved the most comprehensive law in the cryptocurrency sector to date by passing the GENIUS Act, which received significant support from both parties. This legislation - which was approved by a majority of council members with a vote of 68 to 30 - is the first regulatory framework for stablecoins - a rapidly growing trend in the digital asset sector - to be passed by the Senate.
On Tuesday, the U.S. Senate approved the most comprehensive law in the cryptocurrency sector to date by passing the GENIUS Act, which received significant support from both parties. This legislation - which was approved by a majority of council members with a vote of 68 to 30 - is the first regulatory framework for stablecoins - a rapidly growing trend in the digital asset sector - to be passed by the Senate.
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Will the Federal Reserve issue decisions that boost the markets, or will things remain as they are? Do you expect further decline or an increase amidst the tension between Israel and Iran, and what will the Federal Reserve decide with the ongoing tension between Trump and Jerome Powell? Will there be a rise in the markets or decisions that lead to further decline?
Will the Federal Reserve issue decisions that boost the markets, or will things remain as they are?

Do you expect further decline or an increase amidst the tension between Israel and Iran, and what will the Federal Reserve decide with the ongoing tension between Trump and Jerome Powell? Will there be a rise in the markets or decisions that lead to further decline?
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It's a strange thing, Bitcoin starts to rise, then President Trump comes out with a statement, and Bitcoin drops immediately. The statement is for all evacuation from Tehran immediately. I hope this is not a threat.
It's a strange thing, Bitcoin starts to rise, then President Trump comes out with a statement, and Bitcoin drops immediately. The statement is for all evacuation from Tehran immediately. I hope this is not a threat.
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In a historic step.. Vietnam passes a law to regulate digital assets The Vietnamese government has approved a new bill that defines the legal framework for digital assets, named the Digital Technology Industry Law, which will come into effect in January 2026. This legislation aims to regulate cryptocurrency activities and support the growth of the emerging digital sector in the country. A qualitative leap towards an integrated digital future In addition to regulating cryptocurrencies, the law lays the groundwork for broader technological development, as it includes policies to support digital infrastructure and enhance growth in areas such as artificial intelligence, semiconductor manufacturing, and advanced technology. Reports indicate that companies engaged in the development of digital products or advanced computing systems will enjoy incentives including support for research and development, talent training, and the establishment of shared infrastructure, aligning with Vietnam's vision to be a key player in the global digital economy.
In a historic step.. Vietnam passes a law to regulate digital assets

The Vietnamese government has approved a new bill that defines the legal framework for digital assets, named the Digital Technology Industry Law, which will come into effect in January 2026. This legislation aims to regulate cryptocurrency activities and support the growth of the emerging digital sector in the country.

A qualitative leap towards an integrated digital future

In addition to regulating cryptocurrencies, the law lays the groundwork for broader technological development, as it includes policies to support digital infrastructure and enhance growth in areas such as artificial intelligence, semiconductor manufacturing, and advanced technology.

Reports indicate that companies engaged in the development of digital products or advanced computing systems will enjoy incentives including support for research and development, talent training, and the establishment of shared infrastructure, aligning with Vietnam's vision to be a key player in the global digital economy.
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MetaPlant is preparing to launch stable digital currencies Meta Platforms is in talks with several cryptocurrency companies to explore the possibility of launching stablecoins that can be used for payment transactions, according to a report published by Fortune magazine last Thursday, citing informed sources. Meta had previously planned to launch a unified digital currency to be used across its Facebook, WhatsApp, and other digital platforms, but Meta had to abandon the project due to the tough stance of American lawmakers towards cryptocurrencies. With the return of President Donald Trump to the White House, the demand for stable cryptocurrencies in the United States has increased, while the U.S. Congress is discussing two bills to regulate the use of these digital currencies, expected to be approved by 2025. This move by "Meta" reflects the interest of major technology companies in entering the world of digital currencies and digital payments amid a changing regulatory environment in the United States.
MetaPlant is preparing to launch stable digital currencies

Meta Platforms is in talks with several cryptocurrency companies to explore the possibility of launching stablecoins that can be used for payment transactions, according to a report published by Fortune magazine last Thursday, citing informed sources.

Meta had previously planned to launch a unified digital currency to be used across its Facebook, WhatsApp, and other digital platforms, but Meta had to abandon the project due to the tough stance of American lawmakers towards cryptocurrencies.

With the return of President Donald Trump to the White House, the demand for stable cryptocurrencies in the United States has increased, while the U.S. Congress is discussing two bills to regulate the use of these digital currencies, expected to be approved by 2025.

This move by "Meta" reflects the interest of major technology companies in entering the world of digital currencies and digital payments amid a changing regulatory environment in the United States.
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Do you expect President Trump to issue orders for the U.S. government to store Bitcoin, XRP, and Solana? If that happens, my dear friend, there will be a crazy rise in alternative currencies, and the market will witness huge increases. This will be very joyful news for all traders and will generate fantastic profits. Imagine if you bought XRP at 2.10, and when the U.S. government buys the currency, it could reach incredible heights that are hard to believe. I hope that happens; it will be great news.
Do you expect President Trump to issue orders for the U.S. government to store Bitcoin, XRP, and Solana? If that happens, my dear friend, there will be a crazy rise in alternative currencies, and the market will witness huge increases. This will be very joyful news for all traders and will generate fantastic profits. Imagine if you bought XRP at 2.10, and when the U.S. government buys the currency, it could reach incredible heights that are hard to believe. I hope that happens; it will be great news.
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What are the benefits of the Cardano project? 1. Multi-layered blockchain: Cardano has two types of blockchains that are separate from each other for processing transactions and smart contracts, meaning it can update the blockchain using soft forks without causing any issues for the other part. 2. More adaptable: Compared to other blockchain networks, it is more adaptable. For example, a single smart contract can be modified to meet the needs of different users to ensure compliance for all stakeholders. 3. Decentralization: Like the best cryptocurrencies, the Cardano blockchain is also decentralized, meaning there is no single central entity that has an unreasonable amount of control over the security process and transaction verification. 4. Enhanced financial freedom: Cardano's vision is to combine consumer convenience with regulatory compliance to provide seamless solutions, which will grant millions of people access to financial freedom who do not have access to traditional services. 5. Partnership with regulators: Cardano aims to operate within the scope of regional regulations to ensure full compliance while providing convenience to the end user.
What are the benefits of the Cardano project?
1. Multi-layered blockchain:

Cardano has two types of blockchains that are separate from each other for processing transactions and smart contracts, meaning it can update the blockchain using soft forks without causing any issues for the other part.

2. More adaptable:

Compared to other blockchain networks, it is more adaptable.

For example, a single smart contract can be modified to meet the needs of different users to ensure compliance for all stakeholders.

3. Decentralization:

Like the best cryptocurrencies, the Cardano blockchain is also decentralized, meaning there is no single central entity that has an unreasonable amount of control over the security process and transaction verification.

4. Enhanced financial freedom:

Cardano's vision is to combine consumer convenience with regulatory compliance to provide seamless solutions, which will grant millions of people access to financial freedom who do not have access to traditional services.

5. Partnership with regulators:

Cardano aims to operate within the scope of regional regulations to ensure full compliance while providing convenience to the end user.
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What is the Cardano ADA cryptocurrency project? Cardano is an open-source blockchain project developed to run financial applications used by companies, consumers, and governments worldwide. It can be used to send and receive digital money, ensuring fast and direct transfers secured by encryption. The project features a multi-layered development that allows a specialized team of programmers and engineers to maintain and upgrade the blockchain easily using soft upgrades. The digital currency ADA is the native currency of the project. Three main teams are working on the project to make it more successful than it is today. Compared to other cryptocurrencies, the Cardano project is relatively new, meaning that few sub-projects are still under development. Currently, the three teams working on the project are: Cardano Foundation: This is the largest team based in Switzerland, working on growing the ecosystem and promoting the adoption of the digital currency ADA. In addition, its responsibilities include shaping standards and regulations, encouraging the global community, ensuring stakeholder accountability, and facilitating long-term partnerships. This team also oversees the growth and development of the blockchain and its system.
What is the Cardano ADA cryptocurrency project?

Cardano is an open-source blockchain project developed to run financial applications used by companies, consumers, and governments worldwide. It can be used to send and receive digital money, ensuring fast and direct transfers secured by encryption. The project features a multi-layered development that allows a specialized team of programmers and engineers to maintain and upgrade the blockchain easily using soft upgrades. The digital currency ADA is the native currency of the project.

Three main teams are working on the project to make it more successful than it is today.

Compared to other cryptocurrencies, the Cardano project is relatively new, meaning that few sub-projects are still under development.

Currently, the three teams working on the project are:

Cardano Foundation:

This is the largest team based in Switzerland, working on growing the ecosystem and promoting the adoption of the digital currency ADA. In addition, its responsibilities include shaping standards and regulations, encouraging the global community, ensuring stakeholder accountability, and facilitating long-term partnerships. This team also oversees the growth and development of the blockchain and its system.
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Warning everyone, mutual strikes between Israel and Iran, proceed with caution
Warning everyone, mutual strikes between Israel and Iran, proceed with caution
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Middle East Explosion Shakes Crypto Markets: Bitcoin Plummets and Iran Vows Revenge Arincen - The sudden military strike launched by Israel against strategic targets in Iran on the morning of Friday, June 13, caused a shockwave in the cryptocurrency markets, as the markets experienced critical moments with a sharp decline in prices and growing fears of a comprehensive regional war. The total market value of cryptocurrencies recorded a decrease of 7% in just 24 hours, settling at $3.3 trillion, amid a violent sell-off that hit most major digital assets. Bitcoin dropped by about 5% to $103,464, while Ethereum fell by 10% to $2,471. Solana registered a sharp decline of 11%, while XRP and BNB lost about 6% and 4%, respectively. Data from CoinGlass showed a surge in forced liquidation of contracts reaching $1.2 billion in one day, up by 125%, alongside a 9.7% drop in open interest in futures markets, reflecting a state of panic and withdrawal from risk positions. The Relative Strength Index (RSI) also fell to 28, indicating that the market has entered the oversold territory.
Middle East Explosion Shakes Crypto Markets: Bitcoin Plummets and Iran Vows Revenge

Arincen - The sudden military strike launched by Israel against strategic targets in Iran on the morning of Friday, June 13, caused a shockwave in the cryptocurrency markets, as the markets experienced critical moments with a sharp decline in prices and growing fears of a comprehensive regional war.

The total market value of cryptocurrencies recorded a decrease of 7% in just 24 hours, settling at $3.3 trillion, amid a violent sell-off that hit most major digital assets. Bitcoin dropped by about 5% to $103,464, while Ethereum fell by 10% to $2,471. Solana registered a sharp decline of 11%, while XRP and BNB lost about 6% and 4%, respectively.

Data from CoinGlass showed a surge in forced liquidation of contracts reaching $1.2 billion in one day, up by 125%, alongside a 9.7% drop in open interest in futures markets, reflecting a state of panic and withdrawal from risk positions. The Relative Strength Index (RSI) also fell to 28, indicating that the market has entered the oversold territory.
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#CEXvsDEX101 Report: Circle's IPO Sets a New Standard for the Cryptocurrency Industry Circle, the company behind the stablecoin USDC, has made a notable entry into the public market with its share price rising from the initial public offering price of $31 to close at $107 in its first week of listing, according to a recent report by Bybit Crypto Insights. This performance has set a precedent in the cryptocurrency sector, indicating a significantly low valuation by Wall Street in the pre-IPO stage. The report suggests that investment bankers may have underestimated Circle's potential, as the company experienced a fully subscribed IPO followed by strong demand for its shares after the public listing. This outcome has highlighted the changing dynamics in the valuation of cryptocurrency-related companies and the potential for more blockchain companies to join capital markets through unconventional valuation methods. The success of Circle's IPO is seen as a reflection of the current favorable climate for cryptocurrencies in the United States, contributing to the increasing public acceptance of digital assets. The Bybit report also draws attention to the broader implications for the industry, establishing a new standard that other companies may follow.
#CEXvsDEX101 Report: Circle's IPO Sets a New Standard for the Cryptocurrency Industry

Circle, the company behind the stablecoin USDC, has made a notable entry into the public market with its share price rising from the initial public offering price of $31 to close at $107 in its first week of listing, according to a recent report by Bybit Crypto Insights. This performance has set a precedent in the cryptocurrency sector, indicating a significantly low valuation by Wall Street in the pre-IPO stage.

The report suggests that investment bankers may have underestimated Circle's potential, as the company experienced a fully subscribed IPO followed by strong demand for its shares after the public listing. This outcome has highlighted the changing dynamics in the valuation of cryptocurrency-related companies and the potential for more blockchain companies to join capital markets through unconventional valuation methods.

The success of Circle's IPO is seen as a reflection of the current favorable climate for cryptocurrencies in the United States, contributing to the increasing public acceptance of digital assets. The Bybit report also draws attention to the broader implications for the industry, establishing a new standard that other companies may follow.
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Bernstein: Bitcoin's target at $200,000 "high conviction but conservative" In a client memo on Monday, Bernstein analysts reaffirmed their conviction in Bitcoin, maintaining a "high conviction price target but conservative" at $200,000 for this cycle. However, the latest "Digital Asset Memo" highlights the broadening public interest in the financial innovation sparked by blockchain technology, surpassing Bitcoin's use case as a "store of value". Bernstein notes that while many investors distinguish between "blockchain (a useful technology) and cryptocurrencies ('useless')", this distinction has become less clear. The analysts point to stablecoins and token-driven financial applications being built on public blockchain networks like Ethereum, which has "the largest market share". They argue that "if real companies and institutional investors are innovating on the blockchain, doesn’t that make blockchain networks, and therefore, blockchain network assets (like ETH) valuable?" The report highlights that the cryptocurrency market cycle began with the institutionalization of Bitcoin, as evidenced by the successful launch of spot Bitcoin ETFs, which now manage nearly $120 billion in assets.
Bernstein: Bitcoin's target at $200,000 "high conviction but conservative"

In a client memo on Monday, Bernstein analysts reaffirmed their conviction in Bitcoin, maintaining a "high conviction price target but conservative" at $200,000 for this cycle.

However, the latest "Digital Asset Memo" highlights the broadening public interest in the financial innovation sparked by blockchain technology, surpassing Bitcoin's use case as a "store of value".

Bernstein notes that while many investors distinguish between "blockchain (a useful technology) and cryptocurrencies ('useless')", this distinction has become less clear.

The analysts point to stablecoins and token-driven financial applications being built on public blockchain networks like Ethereum, which has "the largest market share".

They argue that "if real companies and institutional investors are innovating on the blockchain, doesn’t that make blockchain networks, and therefore, blockchain network assets (like ETH) valuable?"

The report highlights that the cryptocurrency market cycle began with the institutionalization of Bitcoin, as evidenced by the successful launch of spot Bitcoin ETFs, which now manage nearly $120 billion in assets.
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