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S&P 500 to Breach 6300 by Year-End? Tom Lee's Bullish Prediction and AnalysisTom Lee, former chief equity strategist at JPMorgan and current CIO of Fundstrat Global Advisors, made a bold prediction on Monday: he expects the S&P 500 to reach 6300 by the end of the year. This optimistic forecast is based on his observation of favorable market conditions and historical patterns, which he believes indicate continued strength in the stock market through December

Zoo Market Heats Up: Fantom, Sui, Sei, Who Will Grab the Third Seat in the Next Bull Run?The last couple of days have seen a significant surge in animal-themed cryptocurrencies like EDOGE, PESTO, MOO, DENG, and CHEEMS. The "zoo market" is back in action

Bitcoin Poised for Breakout in Q4: Institutional Demand and Innovation Drive Cryptomarket GrowthAs the fourth quarter of 2024 approaches, analysts anticipate continued growth for Bitcoin and the broader cryptocurrency industry, driven by institutional adoption and favorable market conditions. Several analysts believe key indicators suggest Bitcoin's price will surge in October, propelled by institutional buying and an evolving regulatory landscape, with projections of new highs ranging from $58,000 to $72,000

Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?Since the Fed's rate cut last week, the market has for the first time projected a greater than 50% chance of another 50 basis point reduction at the next FOMC meeting on November 7th. This brewing expectation of a 50 bps cut in November has injected a dose of optimism into the crypto market

Bitcoin Analyst Predicts $45,000 Bottom, Ushering in "Biggest Bull Cycle Ever"Crypto entrepreneur Michal van de Poppe predicts that Bitcoin will enter a bull market lasting at least two years after undergoing a "final correction." He believes that the price of Bitcoin will bottom at $53,000 and eventually break through, initiating a new bull run

Has the Crypto Market Bottomed Out? Opportunities Hidden Behind August's CorrectionAugust was undoubtedly a tough month for the crypto market, with Bitcoin (BTC) experiencing a 30% correction, from its high of $70,000 to a low of around $49,000. However, analysts predict that the decline below $50,000 may mark the bottom of the correction, with improvements expected in the final quarter of 2024

Has Bitcoin's Bottom Accumulation Completed and the Next Bull Run Begun?Following the positive news last night, Bitcoin's price directly broke through the small parallel channel, subsequently embarking on a series of hammering actions, leading to significant losses for high-leverage long and short positions. Many retail investors believed this was merely a temporary fluctuation, unaware of the complexity that lay ahead

Is the Low Bitcoin Hashprice a Sign of an Approaching Bottom?CryptoQuant analyst Woominkyu's latest analysis report suggests that a close correlation exists between Bitcoin hashprice and Bitcoin price. The current low hashprice could indicate that Bitcoin is nearing its bottom

Bitcoin: Bottom Accumulation, Awaiting a Rebound, Still Bullish in the Mid-to-Long Term!After the positive news released at 8:30 PM last night, Bitcoin's price directly broke through the small parallel channel and then repeatedly pierced through, resulting in many high-leverage long and short positions being stopped out. Retail investors thought that the fluctuations were over, but that wasn't the case

Bitcoin and Ethereum 4H Analysis: Unexpected Drop, But Bottom Support RemainsBitcoin and Ethereum have recently experienced an unexpected drop in price, attracting market attention. Although the decline has surpassed expectations, the current trend is not entirely surprising

Ethereum Whales Buy the Dip, Bottom in Sight?While Ethereum ETFs have experienced net outflows, reaching nearly $500 million recently, analysts believe Ethereum may have bottomed out. Market whales investors holding large amounts of Ethereum are actively buying, a signal pointing towards a bottom bounce

Will Ethereum Replace Bitcoin? 1Confirmation Founder Nick Tomaino Makes a PredictionAccording to Wu Blockchain, Nick Tomaino, founder of 1Confirmation, believes Ethereum (ETH) will eventually surpass Bitcoin (BTC). Tomaino argues that while BTC has a clear narrative as digital gold, attracting institutional investment, Ethereum is the most influential project in the blockchain space over the past five years