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As Bitcoin heads towards a potential $100K rally and Solana shows signs of recovery, DTX exchange is stealing the spotlight with nearly $2M in pre-sales.
The Bitcoin community has been uncertain about the asset since its recent crash. The ongoing market sentiment suggests that this could be Bitcoin’s last crash before it hits $100k. Meanwhile, Solana is showing signs of recovery amidst increased demand, with DTX Exchange leading the pack.
Bitcoin chart indicates bullish trend after volume drops 23.03%
Over the past six months, Bitcoin Bitcoin price has been trading in a widening falling wedge pattern, as highlighted by expert analyst Captain Vibek. In his latest tweet, he showed that Bitcoin is in a consolidation phase while facing resistance near the $69,000 and $70,000 levels, which might be a bit difficult for bulls to break through.
Captain Vibek says that this resistance may become weaker in the coming time, with the possibility of strong reflectionThe DBW pattern, which consists of diverging trend lines, indicates positive price action. The lower trend line of Bitcoin (BTC) indicates support, while the upper trend line represents a strong resistance point on the performance chart.
The current levels of $69,000 and $70,000 for Bitcoin are forming a barrier, while repeated tests are weakening the resistance and preparing Bitcoin for a breakout. Captain Vibek predicted that the next Bitcoin breakout could lead to a rise in the price to $100,000 in the fourth quarter, given the technical weakness of the resistance and the growing bullish sentiment.
Is Solana Listed Among Top Altcoins In Next Rise?
Solana It has recently skyrocketed to new heights, driven by increased demand for its high speed and low transaction costs. With the ability to handle over 65,000 transactions per second, Solana offers the perfect scaling environment for decentralized applications (dApps) and DeFi projects.
Solana is widely known for its Proof of History that provides strong security protocols and maintains efficiency. These advanced features of the SOL blockchain make it an attractive choice for developers looking for a reliable platform.
In terms of performance metrics, Solana is trading at $145.86 as of today with a massive market cap of $68 billion and a 24-hour trading volume of $2.41 billion, which has seen a 21.89% decline. Solana is ranked 5th based on its current market cap.
DTX Exchange Presale Raises $2 Million in C Series C at $0.06
DTX Exchange, a strong presale exchange, is enjoying positive sentiment while market giants like Bitcoin and Solana are directly affected by the ongoing decline. The increasing adoption of DTX Exchange among retail traders and investors has placed it among the major leagues, outperforming memecoins and new presale projects with its performance.
DTX Exchange offers robust security protocols along with a combination of the best CEX and DEX elements to provide a transparent, secure, and user-centric platform for its users. The advanced security architecture is achieved by deploying advanced security measures, non-custodial storage solutions, and on-chain verification processes.
Whales pump millions into DTX exchange after gains
Smart Contracts
DTX Exchange integrates smart contracts into its technical framework, which consist of self-executing contracts on the Ethereum blockchain that execute trades automatically and efficiently.
Ethereum Virtual Machine
The core component of DTX Exchange, the Ethereum Virtual Machine, is the runtime environment that enables the verification and execution of code within smart contracts, ensuring consistent execution across all nodes.
Decentralized order book
A decentralized order book powered by smart contracts keeps a record of order books and matches buy and sell orders from traders, ensuring that orders are matched fairly without the need for someone to do it.
With DTX Exchange set to lead Bitcoin and Solana amidst market volatility, investors are increasingly joining the burgeoning presale to maximize gains and benefits.
To learn more, check out the pre-sale, visit the DTX website and Join the DTX Community.
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