A Promising Bitcoin Bull Run on the Horizon
According to crypto analyst TAnalyst’s recent price analysis, the much-awaited Bitcoin bull run is on the verge of starting. As a result, investors are turning their attention to promising alt coins like Everlodge to capitalize on the impending rally.
Bitcoin (BTC) Poised for a Golden Cross Formation
On December 22nd, crypto analyst TAnalyst shared a chart on X that highlights similarities in the Bitcoin price pattern before halving in 2014-2017 and the projected pattern for 2023-2024. The anticipation is that the upcoming Bitcoin halving in 2024 could mark the beginning of a new market cycle.
Bitcoin is currently facing resistance in the $40,000 to $45,000 range, struggling to break through. However, its technical analysis suggests that it may be gearing up for a new all-time high.
A significant indicator is the potential completion of its first-ever weekly golden cross pattern, which serves as a bullish signal for long-term price trends. It occurs when the 50-day moving average crosses above the 200-week moving average.
If there is no significant price drop before December 25th, the first-ever golden cross is expected this week, potentially triggering a price rally, according to TAnalyst.
Everlodge (ELDG): A Promising Alt Coin for the Bull Run
With the global real estate market valued at over $280 trillion, Everlodge (ELDG) aims to tap into this massive opportunity by revolutionizing the sector. The platform plans to establish the world’s first NFT marketplace backed by real-world properties, changing the way people buy and sell real estate.
Investors can purchase property-backed NFTs starting from $100, and this innovative concept has attracted interest from around the world. Everlodge is currently at the ninth stage of its presale, offering the ELDG DeFi token at a price of $0.029.
The project also offers staking rewards, trading fee discounts, and other benefits for ELDG token holders. The successful presale has seen millions of ELDG tokens sold, with measures in place to ensure stability and trust.
Everlodge’s commitment to security is evident with a smart contract audit by InterFi Network and a KYC audit verification by BlockAudit, instilling confidence in investors. The platform also provides an AI-driven tool for global property price tracking and the option to use NFTs as loan collateral, positioning Everlodge as a major player in the real estate market.
Market analysts predict a 30x price increase post-exchange listing for ELDG, solidifying its status as a promising alt coin to consider.
Hot Take: Best Time to Invest in Altcoins
According to Michael Van de Poppe, now is the best time to invest in altcoins. Luckily, analysts have identified Everlodge as one of the top alt coins to consider. With its utility in the real estate space and potential for massive growth, Everlodge is an attractive investment opportunity. Visit Everlodge to learn more.
Cyrus Dailey stands as a luminary gracefully weaving the roles of crypto analyst, tenacious researcher, and editorial artisan into a captivating narrative of insight. Amidst the intricate world of digital currencies, Cyrus’s perspectives resonate like finely tuned melodies, captivating curious minds from a myriad of perspectives. Her ability to decipher complex threads of crypto intricacies melds seamlessly with her editorial finesse, transforming intricacy into a harmonious composition of understanding. Guiding both seasoned explorers and curious newcomers, Cyrus’s insights serve as a compass for well-informed decision-making amidst the ever-shifting tides of cryptocurrencies. With the artistry of a linguistic virtuoso, they craft narratives that enrich the evolving tapestry of the crypto landscape.
