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Bitcoin [BTC] has been struggling over the past week, with the crypto’s price unable to register a major breakout. In fact, according to some analysts, BTC’s latest bearish price action could underline the possibility of BTC once again falling to $60k. Will Bitcoin bears push BTC to $60k again? CoinMarketCap’s data revealed that BTC’s price has only moved marginally in the last seven days, with its value climbing only by a modest 2%. At the time of writing, Bitcoin was trading at $96,158.09 with a market capitalization of over $1.9 trillion. In light of the crypto’s price action, Ali, a popular crypto analyst, shared a tweet, revealing quite a few intriguing predictions. One of them from Peter Brandt claimed that BTC “could be about to break down of a broadening triangle,” projecting a retracement towards the $70,000 zone. According to Martinez, from an on-chain perspective, a Bitcoin price correction to $70,000 is possible. Especially since below $93,806, it is pretty much open air all the way down to $70,085.$BTC

The Bitcoin market is bracing for potential volatility as a massive options expiry event unfolds today, with around 25,300 Bitcoin contracts set to expire, valued at $1.8 billion. This event could lead to significant price swings, especially considering the current put/call ratio of 0.57, indicating a dominance of long contracts over short ones ¹. The majority of open interest, approximately $1 billion, is concentrated at the $65,000 strike price, with other notable strike prices for calls including $60K, $70K, and $75K. This suggests that many investors are betting on Bitcoin's price to rise or remain stable above these levels. It's worth noting that the current Bitcoin price is around $94,640.93, with a 1.63% decrease, according to recent market data ². The overall crypto market capitalization has also retreated by 2.5% to $2.6 trillion, with Bitcoin and Ethereum experiencing price adjustments. While the expiry event may bring about short-term volatility, the long-term outlook for Bitcoin remains positive, with many investors optimistic about its future price movements. However, it's essential to keep a close eye on market developments and adjust strategies accordingly to navigate the inherent volatility of the cryptocurrency market ³.

RSK Infrastructure Framework ($RIF ) is the native token of the RSK Infrastructure Framework, a suite of open-source protocols designed to facilitate the development of decentralized applications (dApps) on the Bitcoin network via the Rootstock (RSK) platform. Recent Trends: Market Performance: Over the past week, RIF has experienced a decline of about 18.7%, and over the past month, it has decreased by approximately 15.2%. Trading Volume: The 24-hour trading volume for RIF is approximately $4.5 million, indicating a moderate level of market activity. Market Capitalization: With a circulating supply of 1 billion RIF tokens, the market cap stands at around $103.57 million. Recent Developments: RIF continues to expand its ecosystem by offering a range of open-source tools and infrastructure to build on Bitcoin using Rootstock. The RIF token facilitates participation in decentralized finance (DeFi) protocols within the Rootstock ecosystem, enabling staking, swapping, and earning opportunities. Conclusion: While RIF has faced some price declines in recent weeks, it remains an integral part of the Rootstock ecosystem, contributing to the growth of decentralized applications on the Bitcoin network. Investors and developers should monitor ongoing developments within the RIF ecosystem to assess its potential impact on future performance. $RIF

Dogecoin )L(DOGE), initially created as a meme cryptocurrency, has evolved into a significant player in the crypto market, driven by its active community and high-profile endorsements. Project Development: The Dogecoin Foundation has been actively working on several initiatives to enhance the ecosystem: DogeBox: A platform designed to foster decentralization by allowing developers to experiment and introduce new ideas within the Dogecoin ecosystem. Project Sakura: A proposed protocol upgrade aimed at increasing block speed tenfold and similarly augmenting block size, thereby improving transaction efficiency. Growth Plan for 2025: The Foundation has outlined a focus on open-source development and is seeking sponsors for planned projects, with the goal of positioning DOGE as a widely adopted commercial currency. Price Predictions: Short-Term (2024-2025): 2024: Projections suggest DOGE may face resistance at $0.494, with support around $0.277. 2025: Estimates vary, with some analysts predicting a potential high of $1.07, while others foresee a range between $0.331 and $1.085. Long-Term (2030 and Beyond): 2030: Predictions are diverse, with some sources estimating DOGE could reach up to $3.035, while others suggest a more conservative high of $0.894. 2050: Long-term forecasts are speculative, with some analyses suggesting DOGE could trade at $7.49, assuming it follows Bitcoin's growth trend, while more optimistic projections estimate values exceeding $97. PS : If you like my content, don't forget to like the content. $DOGE

Nate Geraci, president of The ETF Store, said that Volatility Shares has submitted an application to the U.S. SEC for an exchange-traded open-end index fund (ETF) based on Solana futures, covering 1x, 2x and -1x leverage exposure. Solana futures contracts that trade only on an exchange registered with the Commodity Futures Trading Commission.