Top Three News Stories from U.Today:- Advertisement -
1. Bitcoin on track for all-time high if it holds above this level
2. Elon Musk issues stunning AI prediction for next year, hold tight
3. Shiba Inu to rally on April 17? One big reason
The cryptocurrency market is abuzz with excitement as Bitcoin inches closer to its all-time high, with analysts predicting a major price rally if it can hold above the $69,000 mark. Renowned crypto analyst Michaël van de Poppe believes that Bitcoin is on track for a renewed test of its historical price record of $73,803.25, fueled in part by the upcoming Bitcoin halving. Historically, Bitcoin halvings have preceded significant price rallies, leading many experts to anticipate a surge that could push BTC to new all-time highs.
In other news, tech mogul Elon Musk has issued a stunning prediction about artificial intelligence (AI), stating that he expects AI to surpass human intellect by the end of next year. Musk, known for his innovative ventures in the tech industry, highlighted the rapid development of AI technology and the emergence of new AI hardware, including his own Grok AI product. Musk revealed that Grok V2, a new iteration of his chatbot, is currently being trained and is expected to outperform its competitors.
Meanwhile, the popular meme coin Shiba Inu is poised for a potential rally on April 17, as the 50-day Exponential Moving Average (EMA) may intersect with the current SHIB price. This convergence could provide a price zone for SHIB to rely on as it moves upwards, reassuring traders and potentially attracting more buyers. With SHIB currently trading at $0.000027, close to the 50 EMA, the support provided by this moving average could pave the way for growth in the near future. Investors and enthusiasts will be keeping a close eye on SHIB’s price movements in anticipation of a potential rally.
