btc
1.3G views
606,729 Posts
Hot
Latest
🟡 Bitcoin price wobbles ahead of Fed’s rate decision
Bitcoin (BTC) dipped as low as $59,500 on Binance ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve (Fed), with expectations set for unchanged interest rates.
The CME FedWatch Tool indicates a mere 4.4% of economists predict a rate cut—the first in over a decade—while a dominant 95.6% anticipate rates to hold steady between 525-550 basis points.
According to The Kobeissi Letter, current market data indicates a 36% probability that there will be no interest rate cuts this year. Four months ago, the likelihood of maintaining current rates was only about 3%.
Expectations have also shifted to just one reduction this year. Previously, the market anticipated six rate cuts. Additionally, the probability of experiencing two or more rate cuts has diminished to 31%.
🔺 Stagflation risk
Amidst this financial climate, the US grapples with stagflation risks as inflation persists and economic growth slows.
The first quarter of 2024 saw GDP growth decelerate to 1.6%, falling short of the 2.2% forecast and down from the previous quarter’s 3.4%. Concurrently, the US Core PCE inflation index climbed from 2.0% to 3.7%.
Fed Chair Jerome Powell stated that recent data does not make the Fed more confident, suggesting a longer timeline to regain economic stability. He expressed belief in the adequacy of current policies to navigate the risks at hand, hinting at sustained high-interest rates without increases.
Bitcoin’s trajectory mirrored these economic uncertainties, dropping below $62,000 earlier in the week due to renewed stagflation worries.
A brief rally above $64,000 occurred with the launch of spot Bitcoin and Ethereum ETFs in Hong Kong yesterday, but the momentum was short-lived as investor caution set in ahead of the Fed’s key decision.
$BTC #BTC #Bitcoin
Bitcoin (BTC) dipped as low as $59,500 on Binance ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve (Fed), with expectations set for unchanged interest rates.
The CME FedWatch Tool indicates a mere 4.4% of economists predict a rate cut—the first in over a decade—while a dominant 95.6% anticipate rates to hold steady between 525-550 basis points.
According to The Kobeissi Letter, current market data indicates a 36% probability that there will be no interest rate cuts this year. Four months ago, the likelihood of maintaining current rates was only about 3%.
Expectations have also shifted to just one reduction this year. Previously, the market anticipated six rate cuts. Additionally, the probability of experiencing two or more rate cuts has diminished to 31%.
🔺 Stagflation risk
Amidst this financial climate, the US grapples with stagflation risks as inflation persists and economic growth slows.
The first quarter of 2024 saw GDP growth decelerate to 1.6%, falling short of the 2.2% forecast and down from the previous quarter’s 3.4%. Concurrently, the US Core PCE inflation index climbed from 2.0% to 3.7%.
Fed Chair Jerome Powell stated that recent data does not make the Fed more confident, suggesting a longer timeline to regain economic stability. He expressed belief in the adequacy of current policies to navigate the risks at hand, hinting at sustained high-interest rates without increases.
Bitcoin’s trajectory mirrored these economic uncertainties, dropping below $62,000 earlier in the week due to renewed stagflation worries.
A brief rally above $64,000 occurred with the launch of spot Bitcoin and Ethereum ETFs in Hong Kong yesterday, but the momentum was short-lived as investor caution set in ahead of the Fed’s key decision.
$BTC #BTC #Bitcoin
GM☕️
$BTC is on the verge of hitting $100K, yet the crypto space feels unusually quiet...
For me, I am 100% focused on trading right now. These moments are once in a lifetime opportunities to build wealth and require PREPARATION.
Here's the game plan:
--> BTC reaches $100K ✅
--> BTC Dominance tops out at the 62% resistance level
--> #ALTSEASON BEGINS ⏳
Until BTC dominance peaks, avoid heavy exposure to altcoins.
Focus solely on BTCor assets closely tied to it, like $STX or $ORDI . That said, memecoins might still have some role to play.
#crypto #btc #bitcoinath
$BTC is on the verge of hitting $100K, yet the crypto space feels unusually quiet...
For me, I am 100% focused on trading right now. These moments are once in a lifetime opportunities to build wealth and require PREPARATION.
Here's the game plan:
--> BTC reaches $100K ✅
--> BTC Dominance tops out at the 62% resistance level
--> #ALTSEASON BEGINS ⏳
Until BTC dominance peaks, avoid heavy exposure to altcoins.
Focus solely on BTCor assets closely tied to it, like $STX or $ORDI . That said, memecoins might still have some role to play.
#crypto #btc #bitcoinath
Feed-Creator-bcf6aea33:
奥迪不行了就是和nft一样一波流。铭刻只会越来越贵，没啥人愿意铭刻，而且没有赚钱效应，没人愿意买铭文。再说新概念已经涨了一波了，现在买就是接盘。看到25U可能更低。
BTC uptrend nears end, zone balancing correction needed! This 5th wave turned out to be quite long and this is the maximum until about 100k or just before that there will be selling following A-B-C three waves down corrective! #btc
QAV:
nop.. 100k 🚀 los magnates no pierden.. y ésta vez, nosotros comemos del pastel 😉
During this bear market I expected the market to consolidate more and we would see most of these junk listings go away for good. The market outside of bitcoin is mostly only meme coins and that means no real value and speculation. Having a complete industry built on speculation with no real world applications or uses. Ultimately for this to really grow up and take the next step, we need to see tens of thousands of coins go to zero, have maybe 100-200 tokens max. The good thing about this is the consolidation of market caps. If we really put our money in the “real coins” we would have 25k #eth and 500k #btc crypto is still the kindergarten of finance. Biggest story we have recently is a 10 year old rugging some bs meme coin. Just a bunch of big boys taking money from kids using their dad’s card in crypto. No retail to be found. Mostly because we are all degens and this currency attracts this lifestyle. We are all in it for the long haul but we are wondering w3n? Longest bear market in history for many coins. Liquidy being taken left and right. Waiting for the bull run to happen and you have no capital left and you missed another bull run. We are all learning but my hope is that crypto can put on its big boy pants soon and take the next step, even if that means my favorite sh1t coin dies. #ripPol
CryptoMinnow:
By comparison you have btc like the S&P 500 and then you have penny stocks.
🔥 SHORT SQUEEZE LOADING 🔥
If Bitcoin climbs to $100K, over $1.06 billion in shorts could face liquidation.
A monumental move might be just around the corner. Are you ready for it? 🚀
#BULLishWithBULL #BullRunAhead #BullishOnMe #btc #BTCUSDT.
$BTC
If Bitcoin climbs to $100K, over $1.06 billion in shorts could face liquidation.
A monumental move might be just around the corner. Are you ready for it? 🚀
#BULLishWithBULL #BullRunAhead #BullishOnMe #btc #BTCUSDT.
$BTC
Fresh Wallet Pulls $84.72M in BTC as Bitcoin Nears $100K Milestone
Seven hours ago, a newly created wallet bc1qn62sptzkwv9vz6y6g2efwg99jm47augkc47fnn made its first transaction, withdrawing 900 BTC (valued at $84.72M) from Bitfinex at a price of $94,138. This comes amid Bitcoin's meteoric rise, with the price hitting a fresh all-time high of $97,000, just $3,000 shy of the elusive $100,000 mark.
Tether’s Influence:
Just nine hours earlier, Tether minted an additional 1B USDT on Ethereum from wallet 0x5754284f345afc66a98fbb0a0afe71e0f007b949, continuing its aggressive expansion.
Key Observations:
Since November 6, Tether has minted a total of 10B USDT across Ethereum and Tron, injecting liquidity that may have fueled Bitcoin's upward momentum.The BTC withdrawal signals potential market confidence or strategic positioning ahead of Bitcoin's next major psychological milestone.
The Big Question:
Is this whale positioning for an imminent breakout above $100K, or are we witnessing the start of large-scale profit-taking?
#BTC #btc #100k $BTC
Seven hours ago, a newly created wallet bc1qn62sptzkwv9vz6y6g2efwg99jm47augkc47fnn made its first transaction, withdrawing 900 BTC (valued at $84.72M) from Bitfinex at a price of $94,138. This comes amid Bitcoin's meteoric rise, with the price hitting a fresh all-time high of $97,000, just $3,000 shy of the elusive $100,000 mark.
Tether’s Influence:
Just nine hours earlier, Tether minted an additional 1B USDT on Ethereum from wallet 0x5754284f345afc66a98fbb0a0afe71e0f007b949, continuing its aggressive expansion.
Key Observations:
Since November 6, Tether has minted a total of 10B USDT across Ethereum and Tron, injecting liquidity that may have fueled Bitcoin's upward momentum.The BTC withdrawal signals potential market confidence or strategic positioning ahead of Bitcoin's next major psychological milestone.
The Big Question:
Is this whale positioning for an imminent breakout above $100K, or are we witnessing the start of large-scale profit-taking?
#BTC #btc #100k $BTC
Bitcoin is at 98,000, and when people are looking at their altcoin portfolio, they are surprised and crying, saying that it doesn't feel like Bitcoin is at an all-time high 😂 Once we get the #btc dominance blowoff the real party will start ✍️
Crypto_Master_:
Money will first rotate to big caps and After big caps it will rotate to mid caps then low caps.
Altseason Incoming? Understanding BTC Dominance and Market Cycles 🚀
Yesterday, Bitcoin achieved a new All-Time High (ATH), and BTC dominance has been climbing steadily every week. A frequently asked question is: When will altcoins start to pump? Let’s break it down.
🌟 The BTC Market Cycle:
During halving years, Bitcoin historically outperforms altcoins due to high dominance, driven by supply shortages and whale accumulation.
We saw this pattern in 2012, 2016, 2020, and it’s repeating now in 2024.
🚀 What Happens Next?
Once Bitcoin stabilizes above its ATH, altcoins typically start gaining momentum.
BTC dominance decreases, and the altcoin market enters a mania phase.
📉 Key Observations:
BTC dominance has barely dropped, but some alts have already surged by 30–50% in a single day.
Imagine the explosive growth when BTC dominance falls below 50%, 40%, or even 35%!
💡 Pro Tip: Keep an eye on your altcoin bags. The biggest Altseason is approaching, and those who are prepared will ride the wave to massive gains.
Follow for more
Insights into Bitcoin dominance, market cycles, and upcoming opportunities in the crypto market. Your future self will thank you!
🌟 The BTC Market Cycle:
During halving years, Bitcoin historically outperforms altcoins due to high dominance, driven by supply shortages and whale accumulation.
We saw this pattern in 2012, 2016, 2020, and it’s repeating now in 2024.
🚀 What Happens Next?
Once Bitcoin stabilizes above its ATH, altcoins typically start gaining momentum.
BTC dominance decreases, and the altcoin market enters a mania phase.
📉 Key Observations:
BTC dominance has barely dropped, but some alts have already surged by 30–50% in a single day.
Imagine the explosive growth when BTC dominance falls below 50%, 40%, or even 35%!
💡 Pro Tip: Keep an eye on your altcoin bags. The biggest Altseason is approaching, and those who are prepared will ride the wave to massive gains.
Follow for more
Insights into Bitcoin dominance, market cycles, and upcoming opportunities in the crypto market. Your future self will thank you!
$BTC atinge novas máximas históricas consecutivas!
Na última semana, o Bitcoin superou a marca de US$ 94.000, estabelecendo recordes diários e demonstrando uma tendência de alta contínua. Este movimento é impulsionado por fatores como a reeleição de Donald Trump, que trouxe expectativas de políticas favoráveis ao mercado de criptomoedas. 
Não perca esta oportunidade! Com o mercado em ascensão e sem sinais de recuo, este é o momento ideal para se posicionar e aproveitar o potencial de crescimento do Bitcoin. Invista agora! #btc #btc100k
Na última semana, o Bitcoin superou a marca de US$ 94.000, estabelecendo recordes diários e demonstrando uma tendência de alta contínua. Este movimento é impulsionado por fatores como a reeleição de Donald Trump, que trouxe expectativas de políticas favoráveis ao mercado de criptomoedas. 
Não perca esta oportunidade! Com o mercado em ascensão e sem sinais de recuo, este é o momento ideal para se posicionar e aproveitar o potencial de crescimento do Bitcoin. Invista agora! #btc #btc100k