🟡 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

#btc next 24 thoughts

Short-Term (Next 24 Hours)
• Trend: Sideways to slightly bullish
• Key Levels:
• Resistance: $95,500
• Support: $94,000
• Indicators:
• RSI is hovering near 60, showing moderate bullishness.
• Stochastic RSI is slightly overbought on lower timeframes (5m, 15m), indicating a possible pullback.
• Forecast:
• BTC is likely to range between $94,500 and $95,500 with a breakout depending on volume. If volume increases, BTC could test $96,000.
• Probability: 70% chance of consolidation with a slight upward bias.

Hello, I would like you to tell me how my wallet looks. I have 1 eth, I bought 1500€ of btc when it was at 100,000... I did it wrong, I know, but it is what it is, and then 2 solanas and almost 1000 usual. I hope for a year and I expect the gains or what do you recommend? I listen to people and thank you!
#eth #btc #usual #solana

#btc 1-3 months

Long-Term (Next 1-3 Months)
• Trend: Bullish with higher highs and higher lows
• Key Levels:
• Resistance: $108,000 (all-time high zone).
• Support: $85,000 (monthly support zone).
• Indicators:
• On the monthly chart, BTC is forming a strong bullish engulfing pattern.
• Institutional inflows and volume indicate accumulation by long-term investors.
• Forecast:
• BTC is likely to test $100,000 by mid-Q1 2025, with a chance to breach $108,000 if macroeconomic conditions support a risk-on environment.

I will be brief: the time of altcoins has come.
Now, big players will start dumping their BTC and ETH assets as EC will require identification of €1000.
To pump altcoins, they only need a small percentage of their capital; they don't need Bitcoin as there are futures and those who are swayed by the market.
Remember me in 2025, good luck to everyone, think and analyze. Personally, I sold my full 4 bitcoins and 27 ETH.
Since I have information from reliable sources, half of the market is held by EC investors 😉🫡.
Subscribe on January 2nd, I will publish from reliable sources which altcoins are worth buying. Good luck to all.#btc #Ethereum $BTC $ETH

#btc they won't let it die. This is not altcoin season yet, with the promising money flowing in after 2024 end the condition must be make is btc to at least hold the ground. If the market collapse before the new healthy money flow get in we will get another winter like luna. For the house to profit they have to maintain the btc price. Black Rock has cut profit early so who u think can do it right after them?

THE CRYPTO GOD says: do you still doubt me?
mortals should be punished....

I told you if #btc doesn't exceed xxx it falls to 65/55 go and buy btc.
I told you #wld reached the minimum it goes to 18. and you want to bet against it.
I am showing you that #GTM rises in the long term. you go and short against it.
you are being foolish 😒

YOU DESERVE TO BE EXTINCT.
BUT I AM A MERCIFUL GOD. 🙄

and no. I am the formula. I told you my reading is unique. take the time to read and verify.
I've already told you everything and you expect me to do it for you 🤬
Don't unleash my fury on you 🤣

A seemingly violent pump has left everyone confused; everyone thinks it's a bull market and the beginning of the altcoin season. However, I had already warned everyone on the 23rd, and at that time, many were laughing at me in the comments. So let me reiterate: BTC will definitely retrace to the 90,000 mark, at least we will see the 90,000 mark, and correspondingly, ETH will be around the 3,000 points. During this time, everyone should try to minimize operations; the whales will definitely create a crazy pump before the drop. The market may fluctuate up and down, and if you want to operate, I suggest shorting on the highs. Also, regarding altcoins, let me reiterate that now is not the best time to buy the dip; it is still not the bottom. Wait for the next big retracement to enter in batches #btc #eth .

12.29 Morning Share - Upcoming Trend Change!
Yesterday's long positions made a profit again, congratulations to the partners who followed! Reviewing recent market trends shows that it is unfriendly to right-side traders; the liquidity is too poor, and entering at the wrong time leads to being stuck. There is no continuation. The strategy I propose is to trade within the oscillation range, which greatly reduces wear and tear.

1. BTC Current Quote 95000. In the long-term trend, it is still in a bearish trend at the key resistance of 99000; in the medium term, during the adjustment, indicators like boll, ma, and ema are suppressing prices, indicating that a trend change is imminent; on the smaller time frames, it has formed a horizontal line. Although the daily fluctuations are small, it shows bullish signs. We should pay attention to whether small time frames will evolve into a significant structural trend. Short-term resistance at 96000, support at 94000.
Intraday Strategy
Long at 94800-94500, stop loss at 94000, take profit at 96000/97000
Short at 97000-97500, stop loss at 97800, take profit at 96500/96000

2. ETH Current Quote 3380. The daily and 4-hour charts are under bearish pressure, and the indicators are consistent with BTC. There are signs of strength in the smaller time frames, and the price is operating around yesterday's arc bottom, but it is still under medium-term pressure and unable to break through. Focus on the 3450 position today; if it stabilizes, we can look at around 3520, with support at 3350.
Intraday Strategy
Long at 3380-3350, stop loss at 3300, take profit at 3420/3450/3520
Short at 3520-3550, stop loss at 3580, take profit at 3480/3450

3. The trend is unclear, lacking liquidity, with large funds observing the market. It is advisable to reduce trading frequency; the volume is slightly lacking, and it depends on who comes first between bulls and bears. The intraday strategy is suitable for short-term trading; always set stop losses and wait for a clear direction. #btc #ETH🔥🔥🔥🔥🔥🔥

$BTC BUY NOW OR IT WILL BE TOO LATE.
$BTC It will go back to 100k and will probably stay there until the end of the year.
.
🤮It's stupid of you to think that it's aimed at 70k or less.
.
Not even with a news candle it comes close to that. Even with a lot of liquidity it would certainly take some time and we would be able to see a drastic drop and not something sudden.
Today's rise is gradual and studies lead us to believe that it will reach 100k+ again before the end of the year.
.
Take advantage and comment ⬇️ what is your opinion on this and if you will stay out of this? 🥹
.
$BTC #btc

【2024-12-28 BTC Evening Analysis】
Currently, the overall situation of Bitcoin is as follows: Bitcoin is still hovering above this support level: 91439.5. Everyone should pay attention that if Bitcoin breaks through the bullish area on the 4-hour chart, it will become bullish; if it falls below the bearish area, it will become bearish. Currently, it is in a transition phase.

Bullish area: 97126.2
Bearish area: 91439.5
Current screenshot price: 94126.2
Upper pressure: 99668.9 Upper pressure: 107223.8

If it can break through the upper bullish area, these two pressure levels will be the target levels. Please pay attention; if you want to go long, watch for a stable breakthrough of the bullish area on the 4-hour chart before entering. If it cannot break through, it will continue to oscillate.

If you want to see more wealth secrets, follow me, I share precise points every day, guiding you to make your first pot of gold in the bull market. Even beginners can grasp the wealth secrets! #btc #BTC走势分析 #btc70k #BTC☀ #BTC🔥🔥🔥🔥🔥 $BTC

Market updates

Bitcoin still holding its group above 92k and is currently forming bearish formation which can lead price towards 92k at the start of new week.
92k is now the structural entry and is also retest range so it can be considered for new positions but only once market shows some buy pressure signs or volume on 92k which i will update in real time.
ETH is a very solid buy at the moment only if you are looking in spot 3400 below range is a very solid range to buy ETH and hold for January. Buy zones for ETH reamins at 3290-3340
Other alts are not recommended at the moment as market is low volume and is highly exposed to volatility.

Whatever you do at the moment just make sure to keep 40% in spot holding and 40% in stables. This is the most important thing for your portfolio & survival in market.
Good luck.
#btc #marketupdate $BTC
$ETH

#btc statistics suggest strongly that Bitcoin will get a massive dump soon but the increase amount of bnb holder has increased and save bnb also with Bitcoin and eth. Waiting or btc final pump in the last year and looking for a good position to short for profit around 98k.

#btc next Week

Mid-Term (Next 1 Week)
• Trend: Bullish continuation with potential pullbacks
• Key Levels:
• Resistance: $97,000 (major resistance).
• Support: $92,500 (critical for the trend to remain bullish).
• Indicators:
• MACD shows bullish momentum.
• Weekly RSI is climbing but still below overbought levels, leaving room for upside.
• Forecast:
• BTC is likely to retest $97,000. If there is strong buying momentum, it could breach $100,000 psychological resistance.

😑 Disservice

In 2011, Barbados businessman Gabriel Abed lost about 800 $BTC .

💻 His colleague reformatted the hard drive on his laptop where the businessman kept his Bitcoin wallet keys.

Today, he could be the owner of about 80 million dollars.
#BtcNewHolder #Bitcoin❗ #btc

The weekend was flat for two days, with limited fluctuations up and down. Since Bitcoin dropped after December 28, it has been in a state of sideways consolidation all day. At ten o'clock on the night of December 28, large orders entered the market around 95300 but were quickly suppressed, leading to a second round of consolidation. In one hour, it plummeted a thousand points back to around 94400, and then continued to consolidate. This morning, it oscillated to 95700, and was once again under pressure, indicating that the 95500 range has strong resistance.

The movement of the altcoin is similar, with resistance concentrated around 3400. It mostly oscillated in the 3375-3415 range that day. After a narrow range, there must be a wide range. There’s not much to say about this grinding movement.

Below Bitcoin, pay attention to the range around 93840, and above it, the range around 96360. For the altcoin, pay attention to 3346 below and 3484 above. No further analysis will be provided. There’s not much liquidity over the weekend, so let's first observe Monday’s Asian market and then the US market. Everyone should take a break; that’s it.
$BTC $ETH #btc #eth

#btc #bnb Europe will ban usdt after just a bunch of hour. Any trader known about this and has made preparation long ago but there will still be someone missing out. The need of exchanging usdt to another stable or profitable currency is not much but like a snowball will cause a big increase in both bnb and btc. I don't recommend eth until there are further signal from the market

#btc on 31 December btc will hit $BTC 99500 may be $100000 may be $BTC 102000 on 3rd January again $BTC 95500 to $102000 to $105000 $107000

but once $btc will hit $107500 may b for 5 min may b !!!!

chances 100% - 80%

From recent days we are hearing positive news every big company and whales are interested in bitcoin when this news come in market bitcoin dumps and breaks its strong supports. Now #bitcoin is consolidating on its strong and last support of 92000 to 90500 if this support breaks we see a dump to 82000

Conclusions
Whenever we hear positive news in market btc dumps. On the other side everyone in conscious about #altseason it happens when dominance of bitcoin stables to 44 to 45 points its means we can see another dump of #btc here.

Majority of institution accumulation that we saw in the past 1 year happened when BTC RSI was between 40-45 range.
Currently BTC on daily RSI bounced from 43.
Daily RSI at 40 has historically been a good buy range for long term planning and has been 100% fruitful.

#btc #rsi