Biden

Bitcoin

when

Drops

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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-drops-following-bidens-decision-on-ukraine/" data-wpel-link="internal">Bitcoin Price Drops Following Biden’s Decision on Ukraine</a> 
The price of Bitcoin (BTC) declined after President Biden authorized the use of long-range missiles in Ukraine. While there were hopes for an end to the Russia-Ukraine war when Trump was in office, it appears Biden is actively pursuing actions against Moscow. What insights do market experts offer regarding this situation? 
<h2 style="text-align: justify" id="bitcoin-btc-peak-targets">Bitcoin (BTC) Peak Targets</h2> 
BTC may experience corrections even while racing towards all-time high levels. If the price continually increased without interruption, profiting from <a href="https://en.coin-turk.com/bitcoin-surges-over-4-in-24-hours-signaling-potential-market-rebound/" data-wpel-link="internal">cryptocurrencies</a> would be overly simple. However, after two years since November 2022, Bitcoin is not hovering around $15,500 but at approximately $90,000. Did everyone manage to seize this opportunity as the price surged? 
No, many investors sold at a loss during this two-year period and could not benefit from it. We are currently experiencing a similar psychological test period. Young Ju, CEO of CryptoQuant, one of the largest on-chain analytics companies, stated in his recent evaluation; 
<blockquote> 
 “We are in a bull market. Bitcoin will rise. I apologize for my incorrect prediction regarding a short-term correction. I did not imply a bear market, just a correction. Based on the cumulative capital flowing into the Bitcoin market, the current upper limit appears to be $135,000.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-407547 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/btc-tavan-hedefi.jpg" alt="" width="1396" height="948"> 
When considering the reality of weakening growth from cycle to cycle, it is reasonable to view $135,000 as the peak for 2025. 
<h2 style="text-align: justify" id="comments-on-sol-dogs-and-doge">Comments on SOL, DOGS, and DOGE</h2> 
In today’s analysis, Carl noted that the price of <a href="https://en.coin-turk.com/dogecoin-faces-challenges-in-maintaining-price-gains/" data-wpel-link="internal">DOGE</a> could soon break from a descending wedge. With daily closes above $0.367, DOGE may reach its peak target between $0.44 and $0.7. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-407548 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/doge-analizi.jpg" alt="" width="2024" height="1214"> 
SilverBulletBTC focused on TON Coin and its relatively new meme coin DOGS. He mentioned that the downward trend has been broken, and prices could rise again, targeting $0.00085. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-407549 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/DOGS-analist-fiyat-hedefi.png" alt="" width="1506" height="863"> 
Daan Crypto Trades brought focus to <a href="https://en.coin-turk.com/whale-transfers-2-5-million-solana-worth-372-million-2/" data-wpel-link="internal">SOL</a> Coin in his analysis. 
<blockquote> 
 “SOL has surpassed a significant weekly resistance level and is approaching its all-time high from 2021. Just two years ago, almost no one expected it to return to this point. This shows a remarkable resurgence and strength.” 
</blockquote> 
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-407550 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/SOL-Coin-2024-sonu-tahmini.jpg" alt="" width="1223" height="790"> 
The analyst targets new peaks above $256-$260. 
The post <a href="https://en.coin-turk.com/bitcoin-price-drops-following-bidens-decision-on-ukraine/" data-wpel-link="internal">Bitcoin Price Drops Following Biden’s Decision on Ukraine</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Bitcoin Price Drops Following Biden’s Decision on Ukraine

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