Chain News by Thebittimes.Com

Join Our Telegram channel to stay up to date on breaking news coverage The crypto market seems to be recovering from the massive crash it has experienced so far. Some of the coins that look very promising now include Klaytn, Dogecoin, and Tamadoge. Klaytn and Dogecoin recently spiked out of a discount zone in response to the recovery phase of the crypto market. Tamadoge is currently within the Bollinger Bands. An expansion of the Bollinger Bands indicator to the upside might cause the bulls to storm the market and drive it upward. Klaytn (KLAY/USD) The market’s overall trend has been bearish on the daily time frame since August. Following the trendline, KLAY/USD descends from the crest into the $0.120200 demand zone. The recent breakout from this trendline to the upside has caused more bulls to storm the market. KLAY/USD is projected to retrace downward, but not beyond the fair value gap of around $0.176450. Klaytn (KLAY/USD) Current Price: $0.2470 Market Capita...

  The Bitcoin (BTC) price could reach as high as $100,000 or more by 2025 if the popular Bitcoin Rainbow Chart model is to be believed. Judging from the popular model , Bitcoin could reach more than $106,000 by early January of 2025 if the price enters the model&rsquo ;s “accumulate” zone. And if that’s not enough, optimistic holders can look forward to a price of close to $700,000 the same year if the price enters the model&rsquo ;s “maximum bubble territory,” a zone that was last reached during the peak of the 2017 crypto bull market. Further down the road, holders of at least 1 BTC can potentially call themselves millionaires at some point after 2025, although the exact date for that milestone is not yet shown in the model. Worth noting is that the Bitcoin Rainbow Chart in no way should be seen as predictive or scientific in nature. However, it is by many seen as a fun way to model Bitcoin’s meteoric price rise since the ...