Bitcoin Soars to Record High Above $106K, Then Retreats Amid Fed Rate Cut Concerns

Bitcoin (BTC) hit an all-time high of $106,000 in early Asian trading hours before retreating to $104,500. The pullback reflects investor caution ahead of the U.S. Federal Reserve's (Fed) anticipated rate cut.

Fed's Rate Decision Looms Large

The Fed is expected to cut its benchmark interest rate by 25 basis points, lowering it to 4.25%-4.5%. This marks 100 basis points of easing since September. While the cut could benefit risk assets like Bitcoin, concerns linger over hawkish Fed commentary possibly tempering future easing expectations. The decision, economic forecasts, and dot plot of rate projections will be released on Dec. 18 at 14:00 ET, followed by a press conference from Fed Chair Jerome Powell.

Hawkish Signals Could Weigh on Markets

September’s dot plot suggested 2.5 percentage points of cuts by 2026, potentially reducing rates below 3%. Analysts now expect a more cautious tone, with fewer 2024 rate cuts. Marc Chandler of Bannockburn Global Forex warned of a “hawkish” cut, citing economic resilience and inflation’s uneven path. Slower easing could push Treasury yields and the U.S. dollar higher, pressuring Bitcoin.

Bitcoin's Resilience and Bullish Seasonality

Despite risks, Bitcoin’s year-end seasonality and positive regulatory signals from President-elect Trump provide support. “A global rate-cutting cycle and expected Chinese easing sustain Bitcoin’s bullish outlook,” noted the LondonCryptoClub newsletter.

Key Economic Data Ahead

This week’s core Personal Consumption Expenditures (PCE) index report—the Fed’s preferred inflation measure—will reveal whether recent inflation upticks are temporary or more sustained.

The Bigger Picture

Bitcoin’s rally highlights its role as a risk asset closely tied to macroeconomic trends. Central bank policies, inflation, and regulation will continue to shape its trajectory. For now, markets are focused on the Fed’s next moves in this complex economic landscape.

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👉👉👉 'Rich Dad Poor Dad' Author Reveals Plan to Thrive During Market Downturn

#robertkiyosaki Warns: Global Financial Crash Is Already Underway

- Renowned author Robert Kiyosaki believes a global financial collapse is no longer speculative—it’s unfolding across continents. From Europe to China and the U.S., he sees the signs of an imminent economic downturn, raising the critical question: is a depression ahead?

Kiyosaki’s Call for Preparedness

- Kiyosaki advises individuals to act responsibly with their finances, secure their jobs, and rethink their financial habits. His message goes beyond simple economizing, highlighting systemic issues like leadership failures and the lack of financial education in schools.

- He criticizes traditional education for failing to equip people with money management skills—a glaring weakness in today’s volatile economy.

Gold, Silver, and Bitcoin: His Financial Shield

- To weather the storm, Kiyosaki champions assets he deems crisis-resistant: gold, silver, and #bitcoin ($BTC ). Once a skeptic of Bitcoin, he now calls it the "people’s money," predicting its value could skyrocket to $350,000 as early as next year.

A Critique of Monetary Policy

- Kiyosaki strongly critiques governments’ over-reliance on printing money to manage debt, labeling fiat currency as "fake" and a source of instability. He warns that such policies pave the way for economic turbulence.

Crisis as Opportunity

- While Kiyosaki acknowledges the challenges ahead, he emphasizes that crises can also create opportunities for those who are informed and prepared. He urges individuals to rethink their strategies, focus on financial literacy, and position themselves to thrive even during downturns.

In his view, the key to navigating uncertain times is not just survival but leveraging knowledge to build wealth and resilience.

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🚀🚀🚀 Dogecoin Price Jumps 12%, Whale Activity Fuels Bullish Outlook

#Dogecoin‬⁩ (DOGE) Recovers 12%, Signals More Upside Potential

- The crypto market is showing signs of recovery, and Dogecoin (DOGE) is leading the charge, rebounding 12.67% in the past 24 hours to reach $0.3269. On-chain data suggests this is just the beginning of DOGE’s upward trajectory.

DOGE's Uptrend Gains Momentum

- In addition to its price jump, Dogecoin’s trading volume has surged by 9.6%, with over $11.6 billion traded in a single day. This liquidity boost underscores strong market activity and supports the potential for further price rallies.

- Last week, $DOGE dropped from $0.4109 to $0.27, impacted by Bitcoin’s market correction and broader altcoin losses. With the market stabilizing, DOGE still has room to recover, moving closer to its weekly high.

- On-chain metrics also indicate increased activity within the Dogecoin ecosystem. Whale transactions—those worth over $100,000—rose by 41.12% to $23.35 billion, signaling heightened interest from large investors. This renewed confidence could help DOGE recover losses and push toward new gains.

Key Drivers to Watch

Several factors are contributing to Dogecoin’s bullish outlook:

1. Potential DOGE ETF

- Speculation is growing around the possibility of a Dogecoin ETF, fueled by the shifting U.S. regulatory landscape. While no official filings have been made, the mere prospect has bolstered market sentiment.

2. Market Momentum

- Dogecoin remains oversold on multiple timeframes, suggesting room for a stronger rebound. Positive sentiment around Bitcoin retesting its all-time highs could further support DOGE’s growth.

Price Outlook

- If Dogecoin can flip the $0.35 resistance into support, it could reclaim the $0.40 mark in the short term. With increasing whale activity and favorable market conditions, DOGE appears poised for continued recovery.

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🔥🔥🔥 $ETH Price Crashes to Critical Support Amid Surge in ETF Inflows

Ethereum Price Declines to Key Support Amid Market Pullback

- Ethereum (ETH) dropped to $3,515, a 10% dip from its recent peak, following a broader market pullback triggered by the Federal Reserve’s hawkish stance on interest rates. Other cryptocurrencies like Bitcoin ($BTC ) and Solana ($SOL ) also saw similar declines.

- Despite the dip, Ethereum's fundamentals remain strong. Ethereum Exchange-Traded Funds (ETFs) have garnered over $2.46 billion, with inflows rising for 18 consecutive days, reflecting growing investor interest. Many expect the SEC to soon approve staking in these funds, which could further boost institutional adoption. However, the lack of staking options has likely hindered full institutional engagement in these ETFs.

- Funds from Grayscale, BlackRock, Fidelity, Bitwise, and VanEck are major Ethereum holders. Additionally, the number of staked ETH tokens continues to rise, with over 54.7 million ETH staked and more than 206,000 unique stakers, signaling long-term bullish sentiment.

- Ethereum remains the leader in blockchain, with over $73.7 billion locked in its Decentralized Finance (DeFi) ecosystem, surpassing the combined total of other chains like Solana, Base, and Arbitrum. The price drop follows the Fed's updated interest rate forecast, now projecting two rate cuts in 2025 instead of four. Cryptocurrencies generally perform better in a dovish Fed environment.

- The ETH daily chart shows a sharp reversal after hitting $4,090, a key resistance level. Ethereum has formed a bearish double-top pattern, with its neckline at $3,506, suggesting potential further declines. A drop below this could lead to testing support at $3,125, while a rise above $4,090 would confirm further upward momentum.

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👉👉👉 #elsalvador Secures #IMF Deal as #BitcoinAdoption Becomes Voluntary

El Salvador Secures $1.4 Billion IMF Agreement, Shifts Bitcoin Policy

- El Salvador has reached a $1.4 billion agreement with the International Monetary Fund (IMF), marking a significant shift in the country's approach to Bitcoin. Under the new deal, Bitcoin acceptance will be voluntary for the private sector, with limited involvement from the public sector.

Key Aspects of the Agreement

1. Fiscal Measures: The deal includes fiscal consolidation goals, targeting a 3.5% improvement in the primary balance over the next three years.

2. Debt Reduction: El Salvador’s public debt, projected to reach 85% of GDP in 2024, is expected to decrease under the new program.

3. Additional Financing: The agreement anticipates $3.5 billion in additional financing from the World Bank and regional development banks to support economic reforms.

Changes to Bitcoin’s Role in the Economy

As part of the agreement, El Salvador plans to reduce Bitcoin’s role in the economy:

1. Private Sector Adoption: Bitcoin adoption will become voluntary for businesses, while the public sector will limit its use.

2. Taxation in USD: Taxes will only be accepted in U.S. dollars, further diminishing Bitcoin’s official role.

3. Chivo Wallet: The government will gradually wind down the Chivo e-wallet operations and restrict Bitcoin-related transactions.

This announcement comes as Bitcoin’s price has recently dropped to just above $100,000, following its previous all-time high of $108,000. The decline follows market reactions to the Federal Reserve’s hawkish stance on interest rates. Despite these changes, El Salvador’s economy remains resilient, supported by strong remittances, growing tourism, and improved security conditions.

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🚀🚀🚀 $BTC Price Charts Signal $200,000 Target as Analysts Spot #BullishTrends

Bitcoin Sets New ATH, Eyes $200,000 Milestone

- Bitcoin (BTC) has reached a new all-time high (ATH) of $108,268.45, marking its third consecutive ATH in as many days. This surge mirrors last month’s impressive run, where BTC achieved seven ATHs within 25 days. However, BTC has entered a healthy correction phase, pulling back to around $104,000.

Bullish Indicators Fuel Optimism

- Megaphone Pattern Breakout: BTC’s breakout from a bullish megaphone pattern signals potential for higher highs in this bull cycle.

- Golden Ratio Multiplier Breakout: Analysts note BTC has surpassed the critical blue line in the Golden Ratio Multiplier chart, with the next target in the red zone around $200,000.

Analysts Expect Higher Targets

- Market sentiment remains in the ‘Extreme Greed’ phase, despite the slight dip. Analysts predict BTC will hit $110,000 in the coming days and climb to $125,000–$135,000 over the next few months. A seasoned expert believes BTC is now on track for its next major milestone at $200,000.

- With these bullish indicators in play, Bitcoin’s upward trajectory seems poised to continue, paving the way for new price milestones in this ongoing bull market.

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