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During the week, XRP rose by 12% and Dogecoin by 8% due to factors such as positive legal developments for XRP and continued support for Dogecoin from Elon Musk.
These increases have caught the attention of investors, but they come in a volatile market, which requires caution when investing.
Attention: This is market news and does not constitute investment advice.
🎉 Exciting News! TJRM is now officially LIVE and available on Radium! 🚀🚀🚀
To everyone who supported us during the presale, THANK YOU for being part of this incredible journey! 🌟 Your belief in the vision is what makes this community so strong.
This is just the beginning! Stay tuned as we gear up for some amazing milestones ahead, including our next steps at the end of January.
📌Want to learn more about TJRM and its journey? Write the word “link” 🔗 in the comments to send you the details. 🌍
💎 Together, we’re reshaping the way commerce is done. Let’s keep building something extraordinary!
Top 5 people or entities that own Bitcoin: 5️⃣ USA: 207,189 Bitcoin 4️⃣ Grayscale: 215,188 Bitcoin 3️⃣ MicroStrategy: 402,100 Bitcoin 2️⃣ BlackRock: 507,636 Bitcoin 1️⃣ Satoshi Nakamoto's wallet contains about 1.1 million Bitcoins🔥💎
▫️On December 31, 2024, MicroStrategy's stock fell by 8% after they announced the purchase of a new quantity of Bitcoin.
🔻This drop caused investors to worry about the company's strategy, as they are using debt (leverage) to buy Bitcoin, which could be risky if the price of Bitcoin suddenly drops.
MicroStrategy is known for its strong investment in Bitcoin, buying large quantities of it as part of their strategy. However, their reliance on loans to buy Bitcoin has worried analysts and investors, as the risks could be significant if market conditions change.
What do you think about the situation? Could a drop in Bitcoin's price cause serious problems for MicroStrategy?
💠Annual BTC Closing This chart represents annual candles for BTC. With only three days remaining until the annual close, we see a historical pattern: two bullish candles followed by one bearish.
Comparing the current year's performance to the previous one, I anticipate that the upcoming 2025 candle will signal a rise in the next three months, followed by a correction and subsequently a stagnant market.
On the other hand, altcoins are expected to start moving again. We are all aware that the current period is uneventful, with limited market activity. For those who are investors or engage in spot trading, it’s a waiting game for profits. Your entry point is excellent and unlikely to repeat.
Volatility is Not Your Enemy: Daily fluctuations are a natural aspect of our market and are not indicative of a loss. The key is not the current moment but the vision over months
The important thing is not just to overcome it, but to maintain stability above it because there are significant sell orders there.
If stability is achieved, the market will recover somewhat. However, be prepared for a correction later. It might correct to $100,000, or perhaps to $90,000-$91,000, depending on the peak it reaches.
If you are an investor, rest easy because it is likely to rise again soon. If you are a trader, may God help you in the coming period, as it will be very nerve-wracking.
Green morning ☕️ Extreme Greed -Nothing satisfies the eyes of a human being except dust- 🤷🏼♂️ As long as the greed index is high, expect treachery. Even if at first glance it seems like the market is on fire 🔥
🎉A big celebration in the world of cryptocurrencies!🎉
What do you think they are discussing during dinner?
Despite the fact that I boycott this restaurant, this is a photo of President Donald Trump, Elon Musk, and a number of friends celebrating the huge rise they have achieved in the cryptocurrency market.
🚀The future of cryptocurrencies looks brighter than ever!🚀
Currently, currencies are racing to rise and benefit from the limited acquisition of Bitcoin. Currencies that do not move at this time will have a very difficult time holding together when Bitcoin corrects.
Bitcoin has a correction resistance of either 104,000 or 112,000, the difference between them is small.
- What is happening now is excellent for market balance as support goes to the 20-30 currencies in the competitive ranking.
- Huge liquidity will enter to raise the top 10 in the lead. Note that ETH SOL has not moved yet (I think they are waiting for the effect of breaking $100k).
- After them come the small currencies, and their leaps are huge and easy, and God knows best. 🚀🚀💸💸💵💵
Congratulations to cryptocurrency market investors Chairperson, U.S. Securities and Exchange Commission Gary Gensler officially announces his resignation from his position coinciding with Trump's entry into the presidency on January 20, 2025 Do you think will affect the crypto industry positively or negatively?