Prix de Spell TokenSPELL

With Bitcoin stalling below $100K after 20 days of market excitement, analysts suggest a healthy retracement is due, as signs of overheating grow more apparent. As per AMBCrypto, a pullback to the $96K–$98K range would likely maintain market confidence, given BTC’s week-long fluctuations within this band. However, a dip below this range could spell trouble, particularly for altcoins. In March, after Bitcoin reached its previous ATH of $73K, a 5% decline over the next two days triggered panic, causing Bitcoin to drop to $69K, and its dominance to fall to around 50%. This led to a market-wide crash, with altcoins suffering even more severely. However, much has changed since then, with select altcoins now emerging as ‘safe havens’ during periods of high risk While a reaction as severe as last time may not unfold, a correction remains inevitable, as altcoin movements remain closely tied to Bitcoin’s. Therefore, if Bitcoin’s dominance falters and it retraces below $95K, altcoins will likely follow suit. Despite growing confidence in certain altcoins, their status as safe players won’t shield them from losses, as investors pullback, fearing broader market slippage $BTC

FUTURE SPOT TRADE SIGNAL 🚥🚦 $SPELL BUY LONG ENTRY 0.00081 STOP LOSS 0.00071 Take profit 0.00093 0.0012 0.0017

Microstrategy has revealed pricing details for its $2.6 billion 0% convertible senior notes, set to mature in 2029. No Interest, Big Moves: Microstrategy’s 2029 Notes Spell Bold Bitcoin Play$BTC The company disclosed that it plans to offer the notes privately to qualified institutional buyers under Rule 144A of the Securities Act. Initially proposed at $1.75 billion, the offering expanded to $2.6 billion. Additionally, buyers may purchase up to $400 million more, potentially boosting proceeds to $3 billion. The deal is expected to close Nov. 21, subject to customary closing conditions. The unsecured notes, maturing Dec. 1, 2029, will not accrue interest. Conversion options, available under specific conditions until June 2029, allow holders to convert into cash, shares of the company’s class A common stock, or a combination of both. The initial conversion rate is set at 1.4872 shares per $1,000 note, equating to a $672.40 conversion price—a 55% premium over the stock’s Nov. 19 price. Microstrategy investors can demand redemption at face value on June 1, 2028, or if significant corporate changes occur. Microstrategy, starting December 2026, may also redeem the notes under certain market conditions, ensuring at least $75 million remains outstanding. The company further said it estimates net proceeds of $2.58 billion, which could increase to $2.97 billion if the additional options are exercised. Funds are earmarked primarily for purchasing bitcoin (BTC) reserves and for general corporate purposes. Known for its bitcoin-focused strategy, Microstrategy continues to position itself as a leader in digital assets and enterprise analytics. It noted these notes, like previous offerings, are unregistered and subject to U.S. securities law restrictions. Microstrategy’s stock MSTR is up more than 15% against the U.S. dollar.

Dogecoin could break the $1 threshold if the memecoin repeats its 2021 trend which generated a 7,000% rally.  DogecoinDOGE$0.3634has been one of the top performers in November and the rally gained speed after President-elect Donald Trump’s victory in the US elections. Over the past 30 days, DOGE gained 229% The memecoin’s market structure has undergone a significant shift at $0.37, previously witnessed in October 2021. With a major turnaround in the short term, the price ceiling could be much higher for DOGE if it repeats its historical pattern. DOGE exhibits “classic” inverse head-and-shoulders pattern Peter Brandt, a veteran trader, has frequently analyzed Doge’s price action over the past few weeks. In a recent X post, the trader claimed that DOGE has exhibited “an outstanding charting market following classical charting principles.” Brandt explained that Dogecoin demonstrated a similar sideways accumulation range in 2020 before forming an inverse head-and-shoulders (H&S) pattern. In 2024, DOGE’s weekly chart followed the same path, and a bullish break from the current inverse H&S pattern led to its 190% price rally. Meanwhile, Mikybull, an economist and crypto trader, continued to address the potential “implication” of a golden cross that prevailed on Dogecoin’s weekly chart. While Dogecoin rallied close to 7,000% in 2021, the trader outlined a market peak of around $3 to $4 for the memecoin, or 1,136%, based on laws of diminishing returns. Dogecoin may retest $0.30 On Nov. 12, Dogecoin’s price reached a high of $0.44 but immediately exhibited a correction of 22% to $0.34 on the next four-hour chart. Since then, the memecoin’s momentum has slowed, oscillating between $0.44 and $0.34. However, the market anticipated a bullish reaction after Donald Trump officially announced Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency (D.O.G.E), which has the same acronym as the memecoin. Jacob Canfield, a crypto trader, believed that a lack of reaction might “spell a broader sell-off” period. From a technical standpoint, Dogecoin’s immediate area of interest lies between $0.30 and $0.326 (green box), where a fair value gap (FVG) has formed on the 1-day chart. Below the $0.30 level, an order block between $0.272 and $0.297 (yellow box) on the 4-hour chart is present. This order block draws a confluence with the 50-day EMA level, which may provide additional support for price recovery. $DOGE

A recent survey of 76 top crypto investors (funds, UHNWI, and VCs) reveals a cautious market sentiment, with a few notable exceptions. BTC: Peak Expectations Most participants believe Bitcoin will peak in the $100,000–$150,000 range. This is far from the ambitious forecasts by VanEck or Grayscale. Even Twitter polls point to similar figures. Peter Schiff maintains his stance: “If the US government starts buying Bitcoin, it will spell disaster for the market.” When to expect the peak? Half of the respondents predict the market top will occur in the second half of 2025. Solana: The New Star? Over 30% of respondents believe SOL will surpass $600, three times its current price. Solana remains a hot favorite among investors. ETH: Mixed Opinions One-third of investors forecast ETH will hit $3,000–$5,000, while another third expect $5,000–$7,000. However, bearish sentiment around ETH hasn’t fully disappeared. Gaming and AI: Unexpected Leaders GameFi and Crypto x AI have emerged as promising sectors, attracting significant investor interest. Memecoins: Hype Without Confidence Despite the buzz, most investors avoid adding meme tokens to their portfolios, favoring more stable assets. Conclusion The bets are placed: BTC and ETH with no major surprises, Solana in growth mode, and GameFi and AI as top contenders for takeoff. Which will meet expectations? Stay tuned!