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📊 Celestia ($TIA) Aims For Breakout above $5, But Faces Challenge  Celestia (TIA) has experienced a notable 12% price jump over the past 24 hours, signaling a potential breakout above $4. Despite the positive momentum, the broader market cues continue to present challenges that could limit TIA’s upward trajectory. However, the current price action suggests the altcoin could maintain its bullish trend. 🔸 Celestia Is Aiming Higher The Relative Strength Index (RSI) for Celestia has recently reached a near three-month high, reflecting the strength of the altcoin’s bullish momentum. This increase in RSI indicates that TIA’s price could continue rising if the current factors persist. Notably, TIA exhibits an inverse correlation of -0.69 with Bitcoin, meaning that its price is less influenced by BTC’s movements. This further supports the outlook that TIA could break higher and see further gains, especially if investor sentiment remains positive. With the RSI signaling an increase in bullish strength, TIA’s momentum could continue upward. Should these trends hold, the altcoin may experience a continuation of its uptrend, making a potential breakout above the $4.00 resistance level increasingly likely. Celestia’s price action is also affected by broader market cues, with the Ichimoku Cloud indicating bearish trends in the overall market. At present, TIA remains above the candlesticks, suggesting that the altcoin is somewhat shielded from these market pressures. However, if TIA investors begin selling for profits, the altcoin’s dependence on broader market trends may increase, which could pose challenges to its price stability. The Ichimoku Cloud is typically used to assess market momentum and trend shifts. It suggests that while TIA is not directly impacted by the bearish market sentiment at this moment, a change in investor behavior could alter its trajectory. 🔸 TIA Price Is Preparing For A Breakout Currently, TIA is trading at $4.09, up by 12% from the previous day and holding above the support level of $3.88. Moving within an ascending channel, TIA seems poised for a breakout. A successful breakout could propel the altcoin by 21.8%, pushing its price above the $5.00 mark, marking a six-week high for TIA. The next significant resistance for TIA lies at $4.50. If the altcoin can breach this resistance, it will likely continue its upward trajectory, opening the door for further rallies. The price target would be set at $5.00, with additional upside potential if the bullish momentum continues. However, should the breakout attempt fail, TIA could see a pullback. A failure to maintain the support at $3.88 would likely result in a drop. TIA would thus test the lower trend line of the ascending pattern. If the price falls out of this pattern, the altcoin may decline to $3.23, potentially invalidating the bullish outlook.

Bitcoin’s recent behavior has generated mixed reactions , especially among top analysts. Analysts’ projections about the future of cryptocurrency highlight their sentiment and the level of support they have for digital assets. Experts who believe in Bitcoin’s growth consider the current behavior a temporary pullback, while opposing voices think the pioneering cryptocurrency has run its course and is destined to fail. A discussion between two renowned crypto experts on X highlighted the divided opinions of digital asset users, splitting them into opposing groups. The first experts noted his recent appeal toward BTC, citing how he has made his largest Bitcoin purchase in the last six months. According to the expert, the buying opportunity was a “fire sale” he could not ignore. An opposing voice renowned for criticizing Bitcoin responded to the initial post by describing the latest bull run as a bubble created by a Wall Street hoax and stablecoin fraud. According to the Bitcoin critic, the recent BTC price decline signals a bubble burst, making it the worst time to buy Bitcoin. Related: CZ vs. Analysts: Is Bitcoin Following or Breaking Past Cycles? In the meantime, the critic predicted the current Bitcoin crash would continue until the digital asset’s price drops below $10,000 and claimed his prediction was 99.99% accurate. It is worth noting that the Bitcoin critic did not provide any unique data for his prediction. However, his recent posts on X highlight the events that may have triggered the recent crypto market decline, including ETF selloffs and changing government policies. Related: Bitcoin Crashes Alongside Massive Spot BTC ETF Outflows The critic made several posts in the last week of February, reporting potentially damaging events in the crypto industry. On one occasion, he highlighted BlackRock selling off 5,000 Bitcoins in one day, describing it as the most significant outflow since the ETF launch. The analyst claimed the Bitcoin setup is a calculated rug pull by Wall Street to deprive the people. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

$SOL Circle has minted 250 million USDC on the Solana network, as detected by Whale Alert six hours ago.$SOL

Stronghold Digital Mining, Inc. announced that its stockholders have overwhelmingly approved the proposed merger with Bitfarms Ltd. At a special meeting, approximately 99.6% of votes cast favored the merger, representing about 54.5% of Stronghold’s outstanding shares. Bitfarms’ stock was seen trading higher by around 6% Friday morning as investors are betting the current price undervalues the mining company. The merger is expected to close in March 2025, pending the satisfaction of remaining conditions, according to a release from Stronghold. This merger comes as both companies navigate the crypto space. Bitfarms recently announced plans to repurpose some of its facilities into AI data centers, aiming to capitalize on the growing demand for high-performance computing and AI services. Similarly, other industry players like Riot Platforms have considered reallocating resources toward AI and high-performance computing, influenced by investors such as Starboard Value and D.E. Shaw. These strategic shifts reflect a broader trend among cryptocurrency mining companies diversifying their operations in response to market dynamics. You might also like: DekaBank and Boerse Stuttgart Digital bring regulated crypto trading to institutions Bitfarms’ projected growth Bitfarms recently settled with Riot Platforms before its special shareholder meeting in November. As part of the agreement, Bitfarms appointed Amy Freedman to its board, replacing Andrés Finkielsztain. The deal included a standstill until 2026 and granted Riot the right to buy more BITF shares while holding at least 15% ownership. H.C. Wainwright analysts believe Bitfarms’ stock is set for growth following a settlement with Riot Platforms that ends a six-month-long hostile takeover attempt. They predict the stock price could hit $4. You might also like: Rexas Finance price prediction: Can RXS deliver on its presale hype?

Bitcoin ($BTC ) has been on a remarkable bull run, recently touching new highs. With growing institutional interest and the upcoming 2024 halving, many analysts are predicting that Bitcoin could reach $150,000 or more in 2025. But how realistic is this target? Let’s break it down. Why Are Experts Bullish on Bitcoin? 1️⃣ Bitcoin Halving Effect – The 2024 Bitcoin halving will reduce mining rewards from 6.25 BTC to 3.125 BTC per block, leading to a supply shock. Historically, halvings have triggered major price rallies within 12-18 months. 2️⃣ Institutional Demand – Bitcoin Spot ETFs from BlackRock, Fidelity, and Ark Invest have brought billions in capital into BTC. More institutional adoption could drive prices even higher. 3️⃣ Macroeconomic Factors – With concerns over inflation, interest rates, and a weakening dollar, Bitcoin is becoming a preferred store of value, similar to gold. 4️⃣ Retail Adoption & Global Regulations – Countries like El Salvador and major corporations are embracing Bitcoin. If more nations approve Bitcoin-friendly regulations, demand could soar. Challenges That Could Impact Bitcoin’s Growth 🔹 Regulatory Risks – Governments and central banks might introduce strict regulations that could slow institutional adoption. 🔹 Market Corrections – Bitcoin has experienced 50%+ corrections in past cycles. Even if BTC reaches $150K, it could face short-term dips. 🔹 Competition from Altcoins – Layer 2 solutions and blockchain innovations could shift investor focus to other crypto assets. Will Bitcoin Reach $150K? If Bitcoin follows past halving cycles, a six-figure price in 2025 is possible. However, market conditions, investor sentiment, and global events will play a crucial role.