bitcoin
bitcoin

$101142.434660 USD

1.03%

ethereum
ethereum

$3864.725015 USD

-1.47%

tether
tether

$1.000010 USD

0.01%

xrp
xrp

$2.387790 USD

0.57%

solana
solana

$221.855684 USD

-0.89%

bnb
bnb

$710.533047 USD

-0.50%

dogecoin
dogecoin

$0.397142 USD

-2.02%

usd-coin
usd-coin

$0.999987 USD

0.02%

cardano
cardano

$1.072204 USD

-2.75%

tron
tron

$0.284028 USD

-1.34%

avalanche
avalanche

$51.387396 USD

-1.37%

chainlink
chainlink

$29.144888 USD

2.92%

shiba-inu
shiba-inu

$0.000027 USD

-2.31%

toncoin
toncoin

$6.118959 USD

-3.90%

sui
sui

$4.587336 USD

-3.81%

Cryptocurrency News Articles

Top Analyst Warns of Bitcoin Price Dip, But These Altcoins Could Offer Huge Returns in 2025

Dec 14, 2024 at 05:30 pm

Analyst “Wolf” often post high-quality technical analysis on his X account where he has almost 110k followers.

Top Analyst Warns of Bitcoin Price Dip, But These Altcoins Could Offer Huge Returns in 2025

A top crypto analyst is sharing his latest technical analysis on Bitcoin (BTC) and revealing two promising altcoins that could generate massive returns in 2025.

The analyst, known as “Wolf” on social media, often posts high-quality technical analysis on his X account where he has almost 110k followers.

One of his recent ones is the Bitcoin chart analysis. He predicts the BTC price might face a dip in the upcoming days. However, even if the dip happens, some new altcoins could put a smile on your face – Wall Street Pepe and Crypto All-Stars.

Bitcoin’s Technical Analysis: A Potential Correction AheadThe current Bitcoin chart reveals an interesting technical setup. The BTC price appears to be consolidating in a slightly rising wedge or flag-like structure, suggesting either a continuation of the uptrend or potential exhaustion before a pullback.

The recent price movement shows a significant rally preceded the current consolidation, marked by a near-vertical upward move. This move demonstrates strong momentum, supported by sustained higher lows and higher highs. The recent high of approximately $102,360 aligns with key resistance in the ascending pattern.

My analysis is flashing a warning, correction is still underway, and a dip could be coming. $BTC pic.twitter.com/Kj9ZAlHMMs

Key resistance zones are identified around $102,000, where sellers recently entered the market, and potentially at $112,000 as an upper target. Support levels are crucial, with the $87,932 zone marked as a major support and a broader range between $72,991-$71,937 offering additional structural support.

“My analysis is flashing a warning, correction is still underway, and a dip could be coming. $BTC”, noted Wolf. The short message speaks volumes to his followers, suggesting that while Bitcoin’s recent bullish momentum remains intact, the path isn’t always a straight line up. By using phrases like “flashing a warning” and describing the correction as “still underway”, he’s hinting at potential short-term pullbacks without completely undermining the overall positive trend.

The analyst’s cautious, but direct tone suggests preparing for a short-term bearish move rather than an immediate continuation of the rally. Potential scenarios include a bullish continuation with a breakout potentially retesting $112,000, or a bearish pullback that could test lower support zones.

As Bitcoin Price Consolidates, Wall Street Pepe Smashes Presale MilestonesThe WEPE token has become a sensation in the market this week, raising around $15 million in just a few days and totaling $19 million since last week. These numbers are unprecedented in early presale crypto project phases, drawing comparisons to successful launches like Pepe Unchained.

The project leverages the enduring popularity of Pepe the Frog, a cultural icon in internet lore, and combines it with the ethos of Wall Street and the spirit of the GameStop saga. Wall Street Pepe offers a unique VIP Club for token holders, providing access to premium trading signals, insider information, and expert-backed strategies that aim to level the playing field for everyday investors.

The 99bitcoins YouTube channel, with over 700,000 subscribers, posted a viral video speculating that WEPE could outperform PEPU, one of the most successful crypto presales in 2024 that reached over $400 million in market capitalization.

Visit $WEPE Today

Crypto All-Stars Raises Over $16 Million, Gears Up for LaunchCrypto All-Stars is shaking things up in the meme coin world with its cool new staking feature called MemeVault. Here’s the deal: you can stake popular meme coins like DOGE, SHIB, BRETT, and MILADY to earn $STARS tokens. It’s pretty unique because most projects only let you stake their own token.

This could bee a potential game-changer in how crypto investors can leverage their existing meme coin holdings.

Right now, $STARS is sitting at $0.0016782. Over $16 million is raised during the ICO phase. And here’s a heads up – there are only 6 days left in the presale. So if you want to grab tokens at a discount, now’s your chance.

Visit $STARS Today

Read also: Missed Pepe Unchained? Don’t Worry, This New Pepe-Themed Meme Coin Will Produce Bigger Gains in 2025

News source:captainaltcoin.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Dec 14, 2024