Sasha
@sasha25
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Bitcoin Technical Analysis: Bulls Charge Toward New All-Time High
Bitcoin’s price on Dec. 15, 2024, has hit a cool $102,513, just a whisker away — 1.2% — from its record-breaking peak of $103,647. The cryptocurrency is on a generally optimistic path, bolstered by solid technical signs and price movements across various charts.
Bitcoin
On the hourly chart, bitcoin is climbing nicely, having recently hung out around $100,600 before bursting through to $102,500. Support is chilling between $101,500 and $101,700, while the resistance is playing hard to get at $103,000 to $103,300, right near the latest peak.\
https://news.bitcoin.com/bitcoin-technical-analysis-bulls-charge-toward-new-all-time-high/ 0 reply
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Top AI Altcoins Poised to 20x in this Crypto Bull Run
Altcoins are creating a buzz in the market with a rapid rise of 7.9% in market cap, while Bitcoin’s price stayed flat, causing its dominance to dip to 58.54%. In contrast, AI tokens have been outperforming the majority of meme coins, with several seeing impressive gains of over 20%, including Bittensor, which surged 20% thanks to the excitement around its new EVM compatibility.
Meanwhile, the AI sector continues to attract attention, with OpenAI securing $1.5B in funding despite a significant data leak, and Talus Network hitting a $150M fully diluted valuation.
With the bullish momentum in mind, Analyst predicts that AI’s total addressable market (TAM) could exceed $12 trillion in the next 6-7 years, even capturing just 5% of that for decentralized AI would be worth $600 billion. https://coinpedia.org/news/top-ai-altcoins-poised-to-20x-in-this-crypto-bull-run/ 0 reply
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