Michael Slayer, the co-founder and chairman of MicroStrategy, has made a big prediction about the BTC price, which points towards a mega bull rally. He predicted that the BTC price would reach $13 million per Bitcoin in the bull case and $3 million per Bitcoin in the bearish case. He has always supported Bitcoin, but this statement has brought bulls back into the market.
Traders are pouring money into the small-cap coins, which can grow like Bitcoin in the upswing cycle. Most inflows have been seen in the Solana (SOL) and DTX Exchange (DTX), with DTX topping the list.
In this article, we will discuss the prediction of BTC prices and the future potential of Solana and DTX Exchange (DTX).
BTC Price Breaks Out Of Wedge Pattern Eyes All-Time High
Bitcoin is the cryptocurrency market leader, and its momentum influences other cryptos. Last Wednesday, the BTC price broke the falling wedge pattern, crossing above the $60,000 level. Currently, it is trading at $65,779 with a market cap of $1.3 trillion, making it the largest crypto in the world.
However, the candle formation in the BTC price has been weaker than in other altcoins. If the BTC price weakens, the nearest support level is $62,350. On the upper side, $68,000 is the significant resistance, coinciding with the descending trendline and previous resistance level.
Solana (SOL) Trading Volume Increases By 57%
After the last two days’ rally in the crypto market, Solana (SOL) has increased by 7%, and in the last 24 hours, the trading volume has increased by over 57%. This shows the higher volatility in Solana (SOL), and price momentum shows that we can see a high price swing in the coin.
Solana (SOL) has broken the descending trendline it followed from the start of the correction in March. This is positive price action, as a breakout increases the buyer’s participation in the coin. The RSI of Solana (SOL) is at 64, near the overbought region of 70. The trader should be cautious, as near-term consolidation or correction can come.
DTX Exchage’s Unique Features Spark Demand In Presale
DTX Exchange (DTX) has made headlines this month by raising an impressive $2.88 million in the third round of its public presale. With its innovative DeFi projects and advanced trading technologies powered by AI, DTX Exchange is gaining attention from traders who are eager to explore its wide range of use cases.
A key player in the online trading world, DTX Exchange runs a hybrid Layer 1 protocol that blends Web3 tools with traditional financial instruments. Its remarkable feature, 1000X buying power, empowers traders to take large positions with small amounts of money. The platform provides more than 120,000 trading and investment options, and DTX has outstanding features that other exchanges do not have.
Speculators profit from distributed liquidity pools, which allow for a clean flow of orders and almost no slippage, which in turn offers competitive pricing. Furthermore, the platform, being non-custodial, allows the users to have complete control over their funds and personal keys, bypassing the need for a central authority.
DTX tokens are in high demand as more and more users, are buying tokens at undervalued price of $0.06. With the token approaching listing value soon after the mainnet launch, experienced traders are eagerly buying early to earn profit of more than 1,200%.
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