The reason for this meteoric rise? Binance decided to list it, because apparently, the world needed another meme coin to lose sleep over. Their “Vote to List” campaign picked TUT alongside three other coins, proving once again that democracy is alive and well—at least in the crypto world.
It was on the illustrious date of March 27 that our brave protagonists submitted, through their exchange partner, Nasdaq, a rather grand 19b-4 filing to the SEC, pleading for permission to list and trade the much-anticipated Grayscale Avalanche Trust ETF shares. Talk about turning regulatory processes into a lighthearted game of hopscotch!
Psychological support levels? More like psychological warfare! Carl Runefelt, the soothsayer of the crypto realm, has peered into his crystal ball and declared that $2,100 is a brick wall for Ethereum. It’s like trying to bust through a bank vault with a toothpick. If the bulls don’t get their act together, we might be singing “Swan Song of the ETH” before long.
Bitcoin’s price is perched above the $85,500 level, looking like a cat on a hot tin roof. BTC formed a base and recently started a recovery wave above the $86,500 resistance level. The bulls tried to push the price above the $87,200 resistance, even managing to hit the 61.8% Fib retracement level of the downward move from the $88,260 swing high to the $85,852 swing low. But the bears are having none of it, camped out below the $88,000 level like they’re at a bear whisperer convention. 🐻🗣️
Because you just can’t get enough of Bitcoin, right? 🤑 Well, analysts at Bernstein have gone and made a prediction that’s about as bold as a Bitcoin investor’s ego – they think MicroStrategy, now known as Strategy, will amass over 1 million Bitcoin (BTC) by 2033. That’s a whole lotta BTC, folks! 🤯
As we squint through our crypto telescopes, signs of Bitcoin’s next grand performance have begun to materialize. Market analysts, with their crystal balls and fancy graphs, are trying to decipher the future. 🧙♂️✨
Our tale begins with an X post, a missive from the seasoned crypto analyst Ali Martinez, who, with the flair of a seasoned storyteller, unveils a chart that sings of48 new wallets swelling with100 or more BTC. Behold, a visual sonnet:
But hold your horses, folks. There’s a little thing called “caution” that’s been hanging around. Some folks with crystal balls (and degrees in, like, Economics or something) are saying Bitcoin might take a little dip back to $80,000 before it makes that big leap. They call it a “correction,” but let’s be honest, it’s just the market doing its thing, like a teenager who’s gotta have some drama. 😴
As the cryptocurrency market teeters on the brink of chaos, Ethereum (ETH) remains a hot topic of debate among analysts and investors. The once-mighty second-largest cryptocurrency by market capitalization has been reduced to a mere shadow of its former self, plummeting almost 40% in the past year, as CoinMarketCap data so eloquently puts it.
Just when the bulls were losing hope, Dogecoin leapt over the $0.18 mark, a feat not seen in many days. The traders, ever eager for a sign, rejoiced at this unexpected turn of events. Could this be the beginning of a grand reversal? Or merely a fleeting moment of triumph? Only time will tell.