Bitcoin is up 124% this year.

#BTC #Blast #bitcoinupdates

🚀 Bitcoin's Fundamentals Have Never Looked Better: Bernstein

💸Bitcoin (BTC) will become a global macro-political asset with a market capitalization of over $3 trillion, quadrupling by mid-2025, according to brokerage firm Bernstein in a research report released on Monday.

Bernstein states that the fundamentals of the cryptocurrency have never looked better, noting that 70% of the existing supply didn't trade last year.

👨‍💻"This is a record in Bitcoin's history—such outflows are extraordinary for a financial asset, especially one known for its exponential moves driven by supply reduction," write analysts led by Gautam Chugani.

👥A more favorable accounting regime based on the new Financial Accounting Standards Board (FASB) guidance allowing companies to mark Bitcoin inventory at market prices "will favorably impact corporate preference to hold Bitcoin as treasury assets, thus creating new sources of demand from corporations," the report states.

📊Another tailwind is the approval of a U.S.-registered Bitcoin exchange-traded fund (ETF), which will make it easier for companies and retail traders to access cryptocurrency. "A U.S. Bitcoin ETF is on track for approval in early 2024 as the Securities and Exchange Commission (SEC) continues to consider applications from leading asset managers," the authors write.

#crypto #CryptoCurrents #ETF #bitcoinupdates

Hello everyone
Tanzania 🇹🇿🇹🇿
Today Bitcoin price
1bitcoin = $37,460
1bitcoin = 100,000,000 satoshi
1bitcoin = 93,575,080 Tanzania shillings

study #Bitcoin2024 #BTC #BitcoinStability #bitcoinupdates

CATHIE WOOD PREDICTS $BTC TO 1 MILLION 🤯 Here Is Why 👇

Cathie believes that Bitcoin's surge in the last months is not solely due to the ETFs but is also driven by a global trend of currency devaluation. In fact, governments' fiscal policies are pushing people towards Bitcoin as an hedge against devaluation and loss of purchasing power. This though is reinforced by historical events of financial crises. Wood sees Bitcoin as an insurance policy against unfavorable monetary policies and she predicts Bitcoin at 1 million before 2030

#BitcoinPriceForecast #bitcoinupdates #BitcoinReality #BTCATH

Bitcoin (BTC) Price History Secret: Here's What You Need To Know This December.

Delving into Bitcoin's historical trends reveals compelling insight into why upcoming month can be considered bullish.
As the year draws to a close, Bitcoin (BTC) enthusiasts are closely monitoring the historical patterns that suggest December could be another bullish month for the world's leading cryptocurrency.

In 2015, after closing October and November at a positive 33.1% and 19.8%, BTC surged by 14.1% in December. The years 2016 and 2017 witnessed even more remarkable gains, with positive returns in December of 29.2% and 38.8%, respectively. In 2020, following October and November gains of 28.1% and 42.9%, BTC soared by 47.8% in December, showcasing a consistent historical trend.

While exceptions like 2013 exist, as Bitcoin experienced a 33.2% dip in December, it could be argued that the crypto landscape was markedly different, resembling the "Wild West," with unprecedented price fluctuations, such as a staggering 453.9% surge in November that year. This year, BTC has continued its upward trajectory, closing October with a 28.5% gain and projected to end November with a 7.18% increase.

Statistically, the last quarter of the year has proven to be one of the greenest for the cryptocurrency market. As of now, the fourth quarter of 2023 is closing with a notable 37.7% gain, marking the potential eighth time out of 13 years that the year concludes on a bullish note. With this historical insight, all eyes are on Bitcoin as the crypto community eagerly anticipates whether the trend will continue, making December 2023 a month to remember for BTC enthusiasts.
#BTC #Bitcoin2024 #bitcoinupdates #BTC/Update: #bitcoinbullrun
$BTC $ETH $SOL

🚀 Bitcoin at $150,000 in 2024? ChatGPT Rival Thinks So

🤖 Perplexity, the Rival of ChatGPT, Takes a Bullish Stance on Bitcoin's Future

As we step into 2024, anticipation is building around Bitcoin's trajectory, and Perplexity, a formidable AI chatbot, is making waves with its bold predictions. Buckle up for a thrilling ride in the crypto space!

💹 Price Projections for 2024: None Below $57,000!

Perplexity has laid out a compelling case for Bitcoin's ascent in 2024, projecting various price scenarios, with the lowest estimate standing at $57,027. The most eye-catching prediction? A potential surge to an impressive $150,000.

📈 Factors Fueling Bitcoin's Potential Surge:

Fourth Bitcoin Halving: With the fourth Bitcoin halving scheduled for 2024, a historical catalyst for the start of bull markets, optimism is in the air.

Spot Bitcoin ETF Approval: The anticipated green light from the US Securities and Exchange Commission for spot Bitcoin ETFs is seen as a game-changer. This approval could open the floodgates for institutional funds, propelling Bitcoin to new heights.

🔍 Navigating Potential Challenges:

While some express concerns about "sell-the-news" events following an ETF approval, Perplexity remains bullish. The AI chatbot's range of projections spans from approximately $63,140 to the ambitious $148,000, suggesting a potential repeat of the 2023 bull run.

💡 Bitcoin's All-Time High in 2024: Uncertain but Promising:
When asked about breaking the 2021 ATH of $69,000, Perplexity acknowledges the uncertainty. While experts foresee the possibility of Bitcoin reaching $100,000 by the end of 2024, securing a new all-time high remains subject to diverse predictions.

🚀 Factors Driving the Surge:

Bitcoin Halving: The imminent halving, historically linked to bullish trends, is expected to slow down new Bitcoin production, influencing inflation rates.

🌐 Stay Informed, Stay Ahead! Follow The Blockopedia for Real-time Crypto Insights!

#BitcoinETFs! #bitcoinupdates #BTCETFSPOT #cryptocurrency #crypto2024

If BTC remains above the lower trend line, then a breakout is a big possibility within the next few hours or days.

If this breakout is confirmed, bitcoin will rally up to 42k - 45k level before going into 5-10% correction.

These past few days, a lot of dumping have occured but bitcoin proved that it can easily recover and maintain its bullishness, and now I think sellers are becoming weak and a huge pump is coming.

Stay informed everyone.

#breakout
#BreakoutPotential
#bitcoinupdates
#BTC

We believe that #Bitcoin is the future of money💰
#BTC #bitcoinupdates #BitcoinInvestorConfidence #Bitcoin2024

Banks and stock market are closed today, so spot Bitcoin ETFs are not trading.

But #Bitcoin never closes.
#bitcoinupdates #Signal🚥. #TradingNews #TradingTips

It is another week and we are expecting the Bitcoin to surpass the 38,000 to 40,000 major resistance level as the price continues to trade close to the strong supply territory. I believe a single positive news will send the price flying to about 45,000 dollars.

#BTC #bitcoinupdates #BitcoinBullRun:

$BTC ETF IN AUSTRALIA IS ON ITS WAY!!! 🦘🦘 How? 👇

Australia is set to launch its first Bitcoin ETF through Monochrome, an investment management firm for Australian institutions. This event could trigger high demand from the Australian investors. In fact, they will be able to safely expose themself to Bitcoin through options. The potential approval is set for June 2024. In my opinion, it has pretty high chances to get approved because the Australian Securities Exchange (ASX) regulator (it's like SEC), already provided green light. That would be an important milestone for the crypto sector in Australia!

STAY TUNED 🔥💪

#BitcoinETFApproval #bitcoinupdates #BtcNews #CryptoNewsFlash #CryptoUpdates

MicroStrategy has acquired an additional 16,130 BTC for ~$593.3 million at an average price of $36,785 per Bitcoin

#bitcoinupdates

Investors are eagerly anticipating Bitcoin's ascent beyond $40,000 as the cryptocurrency approaches the $38,000 mark.
$BTC #BTC #bitcoinupdates #BitcoinBullRun:

Urgent Updates of BITCOIN 👇👇

#BTC #bitcoin #bitcoinupdates

▪️Bitcoin News: Javier Milei Wins Argentine Presidency; Bitcoin Gains Nearly 3% #btctoday #bitcoinupdates #Argentine #ArgentinaElection

Hi friends i am back after a long period of time 🕰️ 🙂🤒
#altcoins #BinanceLaunchpool #BlackRock #cryptoupdates #bitcoinupdates $BTC $ETH $SOL

#BTC; Update

$BTC break major resistance point 44300$
Possible move to 47000-48000$

#BTCAlert #bitcoinupdates #BTCBefore2025

Bitcoin Is Pointless, Serial Entrepreneur Claims.
Huber prompted angry reactions from crypto world.

Serial entrepreneur Nick Huber recently sparked outrage in the cryptocurrency community with a straightforward post: "Bitcoin doesn't make any sense at all to me."

This blunt statement, which comes from a respected business figure, has ignited a flurry of responses within the cryptocurrency community.

Riling up crypto community  Some members have pointed to Bitcoin's potential as a hedge against inflation and central bank policies. Others have questioned the depth of Huber's understanding of cryptocurrency. Some even targeted the entrepreneur with ad hominem attacks.   The core of the debate centers on understanding what Bitcoin represents and its potential role in the global financial system.

Crypto proponents argue that Bitcoin is a necessary response to what they see as reckless monetary policy and central bank money printing. Crypto critics, however, point to the high volatility and speculative nature of Bitcoin and question its viability as a stable store of value or medium of exchange.

Reason behind Huber's bearishness  Nick Huber, a Cornell University graduate, is a prominent figure in the entrepreneurial world known for his strategic moves in the real estate and start-up sectors. He first made headlines with Storage Squad, the company he nurtured and expanded across 25 college campuses. He eventually sold it for a seven-figure sum in early 2021. This is not the first time that Huber has criticized the cryptocurrency community. In 2021, Huber humorously likened criticizing Bitcoin or Ethereum on X (Twitter) to revealing a superhero's weakness to fervent fans. 
#BTC #Bitcoin2024 #BTC/Update: #bitcoinupdates #BTC期货
$BTC $ETH $XRP