#Dogecoin is currently bouncing from the Fibonacci golden zone (0.618 level) at $0.20083. This is a key accumulation zone, which may lead to a strong upward move.
🚀 Price Targets:
🔹 T1: $0.49931 🔹 T2: $0.57406 🔹 T3: $0.65437
A confirmation of trend reversal will be seen if Dogecoin breaks key resistance levels! Bulls might take over soon 🐂🔥
#Dogecoin is currently bouncing from the Fibonacci golden zone (0.618 level) at $0.20083. This is a key accumulation zone, which may lead to a strong upward move.
⭕ BlackRock Inc. is preparing to launch a bitcoin exchange-traded product in Europe in the coming weeks, according to a person familiar with the matter, amid growing demand for exposure to digital currencies from both money managers and consumers.
⏪ The company is expected to build the product in Switzerland, where BlackRock recently formed a Zurich-based digital asset company called iShares Digital Assets AG, according to a regulatory filing seen by Reuters $BTC
New Proposals from Vitalik Buterin for Ethereum: “713K ETH Could Be Burned Per Year”
Vitalik Buterin has made new proposals for Ethereum, which has lagged behind Bitcoin in price over the past year and has come to the forefront with recent discussions around the foundation. While Buterin specifically touched on the importance of Layer 2 networks, he noted that these networks should be encouraged to use a portion of the proceeds generated by transactions for processes such as burning and staking.
Buterin also mentioned that if the capacity of the Blob increases, the annual number of Ethereum burned could rise to 713K.
Vitalik Buterin, who recently ended the Ethereum Foundation’s management discussions by saying, “I will decide,” offered some suggestions on how to make ether more valuable in a blog post.
Buterin, who thanked Tim Picot, Justin Drake, and other Layer 2 network developers in his article, noted the importance of these networks, also known as L2s. Emphasizing that the Ethereum network helps large segments in many areas, from stablecoins to decentralized finance (DeFi) tools and social media, Buterin said: “We shouldn’t be increasing technical and social tools together.” $ETH
Bitcoin is currently very bullish, as the price broke the 60-day long range. Bitcoin hit an all-time high yesterday, which confirms the breakout of the range. We can expect 122k to be hit in the near future, but let's take a look at Ethereum, because this is a very good indicator, not only for bitcoin but for altcoins in general. Ethereum is forming a huge inverse head-and-shoulders pattern. Don't be surprised if ETH starts pumping like crazy; this is probably your last chance to buy it cheap!, so you really don't want to miss it. Personally, I would prefer #ETH over #BTC in the next few days or weeks.🤌🏻🤌🏻
After reviewing all the liquidity charts, I can give you a summary of the current situation.
In the short term, the market is still in a correction phase or fluctuating within a narrow range.
In the medium term, the patterns I have in front of me indicate a potential big move, especially in altcoins. Although the positive news that could bring about this change is not yet clear, the market in general still holds promising opportunities.
So, do not give up your current positions, and try to be patient during this period, as we have faced similar circumstances before. And always remember that a calculated adventure is the path to success. $BTC $TRUMP
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