QuickSwap [Old] priceQUICK

Fast gains come quick, but leave just as quickly. Slow gains however, they tend to stick around. The #Bitcoin bull market being much more gradual, ain't a bad thing.

Bitcoin is still seeing some signs of weakness, which might lead it towards the 92K for a quick re-test... or not so quick. Now our game plan is pretty simple; we wait for 92K to see who would dominate this zone, but something is telling us that we might actually break and markets will fall into "PANIC MODE.".

Dogecoin: Riding the Waves 🌊 Is a Correction Followed by a Surge on the Horizon? 🚀 $DOGE Hey Bitget Square fam! 👋 Dogecoin, the beloved meme-coin, has seen some wild price swings lately! 🎢 After an impressive 400% surge, it's currently taking a breather. Let's dive into a quick analysis and see what the charts suggest for Doge's future! 🚀 A Look at the Recent Price Action 🧐 Dogecoin recently hit a short-term resistance zone, which led to a correction phase. 📉 This isn't unexpected after such a significant price jump. Think of it like a runner taking a pause to catch their breath during a marathon! 🏃💨 Key Levels to Keep Your Eyes On 👀 Here are some important levels to watch out for: * Short-term Support: $0.25 🧱 This is a level where Dogecoin might find some buyers stepping in to support the price. Think of it as a safety net! 🛡️ * Strong Support: Around $0.17 ⚓ This level aligns with the lower boundary of a hypothetical ascending channel (more on that below!). If the price drops further, this could be a significant support zone. Navigating the Ascending Channel 🧭 Remember that hypothetical ascending channel we mentioned? Imagine two upward-sloping lines, containing the price movements like a riverbank. Dogecoin is expected to move within this channel in the medium term. * The Big Picture: The overall trend within this channel is still valid, meaning we could see further upward movement in the future! 📈 * Potential Bounce: We anticipate a reaction at those support levels we talked about ($0.25 and around $0.17). This means we could see a price bounce from these points! 🚀 What Does This Mean for You? 🤔 * Potential Buying Opportunity? 💰 If Dogecoin drops to those support levels, especially around $0.17, it might present a good opportunity for long-term investors to accumulate. * Patience is Key 🗝️: Corrections are a normal part of market cycles. Don't panic if the price dips a bit. Patience is often rewarded in the crypto world! Let's chat in the comments! What are your thoughts on Dogecoin's current trajectory? Do you think it will bounce back up? 👇

XRP, the third-largest cryptocurrency by market cap, has been grabbing the spotlight lately for several exciting reasons. The possibility of XRP Spot ETFs launching in 2025 is one of the hottest topics in crypto right now. But that’s not all – XRP’s market has grown by an incredible 395% in the past year alone. Everyone is Turning to XRP Ryan Rasmussen, Head of Research at Bitwise Invest, revealed that leading institutional investors are closely watching developments in the XRP market. He mentioned that a well-known wealth management team is interested in adding XRP to their clients’ portfolios. Just had coffee with a multi-billion dollar wealth management team. In their personal accounts, they own Bitcoin, Ethereum, Solana, XRP, and more. But they cant allocate to any of those in their client’s portfolios. This team is confident in the future of major cryptocurrencies and personally holds Bitcoin, Ethereum, Solana, XRP, and others. 2024 has been a strong year for the cryptocurrency market, particularly for Bitcoin and Ethereum. In the past year, BTC has risen by 129.5%, and ETH has grown by 18.9%. Two major events drove these increases: the approval of Bitcoin and Ethereum Spot ETFs. These approvals opened the door for more institutional investors to enter the crypto space, helping the overall cryptocurrency market cap grow by 98.13% in 2024. Interestingly, bettors on Polymarket predict an 80% chance that XRP Spot ETFs will be approved in 2025. Experts believe that approval would not only benefit XRP but could also boost the entire cryptocurrency market. Also Read : XRP Lawsuit News: Ripple CLO Discusses What’s Next, Remains Hopeful About Atkins Will Wealth Management Firms Jump In? Despite the excitement surrounding XRP Spot ETFs, Rasmussen expressed some uncertainty about whether wealth management firms will adopt these products this year. While Bitcoin Spot ETFs were approved earlier in 2024, many wealth management firms have not yet added these products to their client portfolios. XRP’s Future: A Quick Analysis Several institutional players have shown interest in launching XRP Spot ETFs, and the US Securities and Exchange Commission (SEC) is currently reviewing various applications. Additionally, reports suggest that the CME Group plans to introduce XRP futures contracts. XRP’s growing interest from institutions suggests a promising future, especially with the potential approval of Spot ETFs and CME’s plans for futures. While wealth management firms still face compliance challenges, the increasing demand for XRP, Bitcoin, and Ethereum in client portfolios shows that crypto is becoming more integrated into traditional finance.

The US government’s stance on Bitcoin as a potential strategic reserve is under scrutiny following recent statements from Crypto Czar David Sacks. His remarks at a press conference and on social media have fueled speculation that the administration might be reconsidering its $BTC Reserve plan. Meanwhile, debates among crypto communities are intensifying, with some arguing that the focus may now be on broader digital assets rather than just Bitcoin. David Sacks Spark Uncertainty Over US Bitcoin Strategic Reserve During a recent press conference, David Sacks addressed the administration’s plans for digital assets, highlighting President Trump’s directive to explore the feasibility of a Bitcoin reserve. At the same time, this acknowledgment initially excited investors, but Sacks’ cautious language raised concerns. He stated that the administration would “evaluate” the idea of a Strategic Bitcoin Reserve, emphasizing that the feasibility study was among their first priorities. This phrasing led many market watchers to believe that the government is not fully committed to Bitcoin as a reserve asset but is merely assessing its viability. Meanwhile, financial market expert Jim Bianco was quick to point out the shift in tone, stating that Washington often uses terms like “evaluate” when they do not intend to take action. He noted that Trump had previously suggested a Bitcoin reserve, not just an evaluation, leading to speculation that the plan might be stalling. Pro-XRP Lawyer Weighs In Amid Bitcoin Vs Digital Asset Debate Adding to the uncertainty, David Sacks’ recent post on X detailed his discussions with lawmakers about supporting digital assets. Notably, Bitcoin was mentioned only once, while “digital assets” was referenced multiple times. This has sparked debates over whether the administration is shifting from a Bitcoin-exclusive focus to a broader digital asset reserve. Renowned pro-XRP lawyer Fred Rispoli weighed in, suggesting that the administration’s repeated mention of “digital assets” could indicate that Bitcoin will not be the sole focus. He speculated that multiple cryptocurrencies might be included in any potential reserve, though specific mentions of $XRP or other tokens were absent. Bitcoin Dips Amid Ongoing Uncertainty $BTC price today recorded a sharp decline following David Sacks’s comment, with it currently trading at $97,872. The crypto’s one-day trading volume also plunged 20% to $66 billion. Notably, BTC has touched a low of $96,208 and a high of $100,807 in the last 24 hours. Notably, many traders had anticipated a more definitive stance on Bitcoin as a strategic reserve, and the ambiguity in Sacks’ statement contributed to uncertainty. The debate has also fueled tensions between Bitcoin maximalists and the XRP community previously, with both sides arguing over which digital assets should be included in any future US reserve plan. While some believe Bitcoin remains the frontrunner, others argue that a diversified digital asset reserve could be more beneficial. On the other hand, President Donald Trump’s past remarks on crypto have played a crucial role in shaping expectations. He has suggested that the US might explore a “US Crypto Reserve,” but without explicitly endorsing Bitcoin. This ambiguity leaves room for multiple interpretations, with investors now keeping a close track of the US Bitcoin Reserve possibilities.