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The cryptocurrency sector expands despite changes in politics and technology.

Bitcoin price prediction: Bitcoin Breaks $124,000

The cryptocurrency sector expands despite changes in politics and technology.

Golden cross signals long-term Bitcoin optimism

The hiring of Miran and the appearance of a golden cross, a historically dependable bullish pattern that has preceded rises of up to 2,200%, have strengthened the mid-term outlook for Bitcoin. Bitcoin is risen 25% year-to-date and is currently trading close to $118,000, trailing just gold’s 29% gain among major assets. In the long run, Bitcoin has not been surpassed, with a total return of 38,897,420% since 2011. Merlijn, an analyst This “never-miss” indicator, according to the Trader, might lead to tremendous development.

Ethereum is powered by a record supply and whales

With over 1.03 million ETH ($4.1 billion) bought since mid-July at an average price of $3,546 and retail enthusiasm, Ethereum’s price climb above $4,200 marks its highest level since December 2024. With almost 36 million ETH staked, the network’s circulation supply has reached 121 million, easing inflationary pressure. Analysts caution that stability in the face of this expanding supply base will require continuous demand.

XRP rallies after legal win

After Ripple won its protracted legal battle with the SEC, XRP surged more than 10%. If resistance levels are breached, analysts anticipate objectives in the $8–$10 range. Institutional interest has already been aroused by the legal certainty, as evidenced by the 197% daily increase in XRP derivatives transactions and the 1,300% increase in options activity.

Gains for Dogecoin on ETF speculation

Dogecoin broke through long-standing resistance at $0.23 and surged to $0.24. If the accumulation zone maintains, analyst Crypto Patel predicts a climb to $2. Whales have opened almost $12 million in long bets in a single day, and the odds of the SEC approving a spot DOGE ETF have increased from 51% to 71%.

Outlook

The market is about to enter a period of increased volatility and opportunity due to the golden cross of Bitcoin, the whale accumulation of Ethereum, the legal breakthrough of XRP, and the speculation around Dogecoin in ETFs.

According to analysts, these trends may pave the way for one of the biggest multi-asset rallies in recent cryptocurrency history, provided that favorable macroeconomic conditions continue.

 

 

 

 

 

 

 

 

 

 

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