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NEW: 🔥 In 2024, #Bitcoin obituaries have lost all relevance, similar to predictions about the end of the world in 2012. While figures like Jim Cramer still proclaim $BTC “dead,” their words are widely disregarded. $BTC #BTCNextMove #MarketRebound
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BTC 💰is following the Bullish Fractal from the Previous Year🧐 1) Rally 2) Upside Consolidation 3) Rally 4) Upside Consolidation 5) Swing High 6) Final Low 7) Rally Seems we already got our Step 6 Final Low and it's time for $BTC to complete the Step 7 - Rally📈 P.S Timing is almost the same👌 $BTC #MarketRebound #BTCNextMove
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The Fed Won’t Stop Trump From Creating a Bitcoin Reserve — Analysts🇺🇸 According to analysts, Donald Trump might establish a strategic Bitcoin reserve for the U.S. through a direct presidential order. This would enable the Treasury to use the Exchange Stabilization Fund for BTC purchases. The Federal Reserve lacks the authority to veto such a decision. With a Republican majority in Congress, long-term Bitcoin integration could become part of the U.S. economic strategy. $BTC #MarketRebound #BTCNextMove #MicroStrategyInNasdaq100
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■ Top Crypto News🗞Highlights: Tue, Dec 24 (24H) ●【Cryptocurrency】 1️⃣ December market correction drags down crypto ETPs by $17B. Despite price corrections, digital asset funds closed the week with positive net flows totaling $308 million. 📉 2️⃣ Bitcoin tumbled to $95k after $540 million in long liquidations ●【Economy】 1️⃣ MicroStrategy plans to split and issue 330 million common shares to increase to 10.3 billion shares ●【Indicators】 1️⃣ Bitcoin circulation exceeds 19.8 million, with less than 1.2 million left to be mined ●【More】 1️⃣ MicroStrategy continues its Bitcoin buying spree, acquiring 5,262 BTC for $561M at a record $106,662 per coin, bringing its total holdings to 444,262 BTC. 🚀 2️⃣ WSJ reheats Bitcoin’s quantum hack concerns, researcher calls it a ‘time bomb’ ■Biggest Gainers (24H)📈 ●Fartcoi (FARTCOIN) +61.94% ●Pudgy Penguins (PENGU) +36.3% ●Basic Attention Token (BAT) +31.56% $BTC $ETH #MarketRebound #BTCNextMove #BinanceAlphaAlert
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■Bitcoin bull market over? ‘Decembear’ has only sent BTC price 2% lower ●Bitcoin has dropped less than 2.5% in December, maintaining its position as a strong investment in 2024. Despite a $15,000 decline from recent all-time highs, BTC/USD remains up nearly 50% in Q4 and only 2.4% lower than its December opening. ●Historically, December can bring both significant gains and losses. This year appears average, with analysts like Titan of Crypto noting a key rising trend line that continues to support Bitcoin’s price. “As long as BTC stays above this trend line, there’s no reason to worry,” Titan of Crypto stated. ●CoinGlass data highlights that Bitcoin’s December performance is lagging compared to 2023, with some traders observing similarities between this year’s and last year’s market structure. “All of 2024 was a copy of 2023,” argued trading account Nestay, suggesting fractal patterns in Bitcoin’s price movements. ●Short-term holders (STH) are back in focus. Analyst Bitcoindata21 predicts Bitcoin may reverse upward if its price approaches the STH realized price—currently near $86,000—where speculative investors break even. “It might not hit 86k, but if it does, I will be aggressively adding risk,” Bitcoindata21 wrote. ●On-Chain College warned that any price drop above the STH cost basis (STHCB) is just “noise,” but losing and failing to reclaim this level would warrant reassessment. $BTC #MarketRebound #BTCNextMove #BinanceAlphaAlert
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