The Bitcoin course stabilized around $ 95,000 on Tuesday, supported by growing BTC ETF inflows and an improving market mood. The evaluation of the cryptom market achieved $ 2.97 trillion, which is a sign of the increased trust of investors.
While Bitcoin consolidates, the Memecins Trump Official (Trump) and Dogwifhat (WIF) attract the attention of dealers. You could be profitable because Bitcoin approaches the $ 100,000 brand.
Bitcoin has risen by 8 % this week and today by 0.6 % and has thus vice versa, which was observed in 4 of the last 5 days. At the moment, BTC is $ 94,800 after being rejected on the March high of $ 95,758. Loud Socal Today Bitcoin ETFs recorded tributaries of $ 591 million and $ 3.06 billion a week until April 25th.
Daily turnover climbed by 19 % to $ 20.8 billion, which indicates a growing market participation. The RSI is 67.75 and is thus approaching the overbought area, but is still positive. If BTC breaks through the $ 96,000 mark, it could rise to $ 100,000. As CNF reported, the area between $ 92,000 and $ 93,000 could collect short -term sales.
Analyst Samson Mow confirmed his optimistic forecast, according to which Bitcoin could achieve $ 1 million this year, and led institutional acceptance and macroeconomic factors. In the meantime, CNF reports point out that both Ethereum and XRP also consolidate and have potential for upward movement.
Trump Official (Trump), a Memecoin based on Solana, rose by $ 95 % to $ 14.00 from April 7th after it was briefly repelled at $ 16.44. It is traded just below the 100-dayema of $ 15.10 and above the 50-dayema of $ 11.73, so it could increase again if the support lasts.
According to Santiment, the activity on the Chain increased after President Trump had announced a private dinner for the 220 best Trump token owners on May 22nd in the Trump National Golf Club in Washington, DC. The announcement led to a price increase of 60 %within a few hours.
The blockchain data From Kaiko show that Wallets were the most active with Trump tokens worth less than $ 100,000, and the larger owners have had the highest daily volume since February. Despite the criticism of conflicts of interest, the deputy spokeswoman for the White House, Anna Kelly, confirmed that Trump’s assets are managed by a trust that is led by his children.
All of this is reminiscent of Trump’s NFT strategy 2023, in which he organized a dinner in Mar-A-Lago for the owners of high quality NFTS. This event aroused the interest of the community, a pattern that is repeated in the Trump coin. The $ 14.00 mark could serve as a decisive support for a further upward movement.
Dogwifhat (WIF), another popular Memecoin of the Solana system, recovered by over 100 % from its April low from $ 0.61 at the time of reporting. This recovery positions WIF for its first yield this year, which has currently increased by 47 % in April.
Cryptorank’s data indicate a possible trend reversal according to the negative returns in the previous quarter. The WIF course is still surely $ 0.53 above the Zinsbullische 50-Dayema. Analysts assume that the upward trend will be confirmed when the 100-dayema is broken at $ 0.78 and the target is $ 1.00 and then the 200-dayema at $ 1.26.
The recent decline of the RSI from an overbought maximum at 73.48 to 65.76 indicates profit. Immediate levels of support are the 50-dayema, the value of $ 0.40 and the all-time low of $ 0.30 in March.
The resuscitation of Dogwifhat, which happened in 41% in seven days, has re -lived in the enthusiasm of the dealers. Analysts, including Solberg Investhave identified resistors at $ 1.10 and $ 1.70, which indicate considerable upward potential.
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