X'te AMA

🍀 #GateioSuperThursday 💵 Which route leads to the most coins? Drop your answers below! 👇 3 winners get $5 each!

💸💸💸$USDT$ EVENT💸💸💸 REWARDS WE HAVE BEEN DISTRIBUTED YESTERDAY ARE DISTRIBUTED HERE IS THE WINNER LIST BELOW Stay tuned for more events like this to come. Arkadaşlar 🔥 Rafael kanwarmali7 Capture without route Dariia SC1907 🔥 💸 #What potential tokens are you preparing to buy for the market bounce? #BTC fluctuates around $43K, more pump coming? #Share Gate.io Annual Report 2023 to Get Exclusive Merch #比特币 #美女 #babygrok #ETH

Friday, February 9, 2024 🗓️ Bitcoin continued its upward trajectory 📈, not only solidifying its position above $45,200 but also setting a new local high at $46,384, with its current value hovering around $46,000. The market capitalization stands at $1.696 trillion, marking Bitcoin's dominance index at 53.3%—a peak not seen since January 9 🚀. After breaking free from its previous range, Bitcoin's ascent persists. The flagship cryptocurrency has revisited the levels preceding the fall triggered by the ETF hype. Following a brief surge above $48,000, the price dipped back into the $46,000 - $47,000 zone before taking a sharper decline. From the year's outset, the narrative unfolded with an initial surge fueled by the anticipation of BTC-ETF approvals. This was succeeded by a downturn post the Bitcoin ETF endorsement, leading to 10 days of accumulation within the $42,000 - $43,500 bracket. Subsequently, a breakout occurred, paving the way for organic growth—a sequence meticulously outlined in an article from December 5. Yesterday saw the Bitcoin ETF concluding the day with a 2.7% increase. Notably, Bitcoin's climb to $46,000 coincided with the post-closure of the BTC-ETF, hinting at a pattern where the IBIT price seeks to align with spot prices, thereby fostering Bitcoin's spot market growth today. This strategy appears promising 🌟. However, the journey ahead faces the formidable $48,000 threshold. A level from which January witnessed a retreat to $38,500, and in spring 2022, following a failed attempt to anchor above $48,000, the descent was even steeper. This scenario, however, differs, yet for a transition towards sustained medium-term growth, aiming for the year's objectives ($50,000+ and ATH), a confident consolidation of Bitcoin above $48,000 is crucial, alongside a cryptocurrency market capitalization exceeding $2 trillion. These goals are well within reach and may be realized soon. Nonetheless, should the route to these milestones involve a detour through another drop below $45,000, the ultimate outcome remains unaltered. Currently, altcoins exhibit a lackluster performance; Ethereum struggles to maintain a stance above $2,460, as Bitcoin's dominance index climbs. In the last 24 hours, DYM, BTT, STX showcased growth, with the rest nearly stagnant. This scenario may present a golden opportunity for those who delayed their Bitcoin investment in anticipation of lower prices. Should Ethereum secure a position above $2,500, particularly if Bitcoin surpasses the $48,000 mark, a significant uptrend across the market is anticipated.

#TROLL Same as shib route you will thank yourself for buying 100u

Theta Network, a novel "dual network," was one of the best-performing cryptocurrencies on Monday, up 25% in 24 hours. THETA's price rose to as high as $ 2.30 earlier today, its highest level since early 2022. It has since dropped to almost $2 per token. However, if it can break above the $2.30 resistance, there is a clear route to 2.5x gains to $4.50. Theta Network integrates a layer-1 blockchain that supports smart contracts with a data and storage network. With a market capitalization of only over $2.0 billion, THETA still has lots of room to grow during current bull market. That is why THETA may be the greatest cryptocurrency to buy now. #ContentStar #HotTopicDiscussion #BountyCreator #GateioBountyCreator #GateLive