Bitcoin is set to moon to $120,000 in January 2025 as $45 billion in stablecoins flood onto Binance.
After a 10% correction from the December 17 high of $108,300, Bitcoin is ready to break out again with the US presidential inauguration and the January effect on the horizon.
The chart reflects a strong bullish momentum in the ETH/USDT pair on Binance, with recent price action showing consistent higher lows and higher highs. The 30-minute timeframe indicates robust recovery with buying pressure visible at lower levels.
Entry Strategy: • Ideal Entry: Around $2,071 (current market price).
Stop Loss: • Place a tight stop loss at $2,040 to minimize risk.
Key Observations: • The daily performance shows an impressive +3.65%, with the 90-day data reflecting a significant +14.23% recovery in ETH prices. • Despite minor pullbacks, the overall sentiment remains bullish, making this a favorable entry opportunity.
Keep your risk management in check and monitor closely for any sudden market shifts. The bull run might just be starting—act strategically!
Bitcoin is about to moon and you’re going to miss it again.
The SEC approved the Bitcoin ETFs on January 10th of this year. The clear leader of the pack has been Blackrock by far, they bought over $1,000,000,000 worth of Bitcoin yesterday alone, yes that’s billion with a B. Between the 12 approved ETFs they have bought a combined 1,025,420 Bitcoin since approval. Who’s buying all this Bitcoin through these funds? Early on it was retail buyers who now had access to the digital asset class through their brokers, however as we started to get a look at S-13 filings (SEC quarterly reporting for institutional managers who manage at least $100 million in assets) throughout the year, a more clear picture emerged. The institutions have truly arrived, we’ve seen buys from Morgan Stanley, Jersey City, The State of Wisconsin Pension Fund, Emory University, and the list goes on and on. Only 450 new Bitcoin are mined every day, the ETFs are buying an average of 3,700 a day. There are no signs of stopping the ETF machine, they are sucking the exchanges and OTC desks dry of Bitcoin, the real supply squeeze is upon us.
What Happens Next?
Here is how I think this all plays out. Trump will fire Gary Gensler, Chairman of the SEC. Gary has been the lieutenant of Elizabeth Warren’s Anti-crypto Army. That Army is dead in the water now. With more favorable regulation new companies in Bitcoin don’t have to flee to other countries like the UAE, Switzerland, Israel and Singapore, all of which have put forth clear and fair regulation for the industry. Now major tech companies can acquire smaller crypto companies and fold them into the fabric of the US tech world. Banks will get approval to custody your Bitcoin, you will see Checking, Savings, Bitcoin on your Bank of America homepage. Bullish.
As we can see in the chart, NEAR has broken out from a falling wedge and successfully retested it after a massive correction. Also bounced back from a very important support area of Golden Fibonacci Ratio. The Trend Based 1:1 Golden Ratio suggests a target which lies 108% above us a 11.14 We can open a massive long position from here with good RR.
A tweezer top candlestick pattern played out really well, BTC.D dumped hard and this is really positive for overall market. ( Join my Binance live for premium crypto signals )
USDT.D massively rejected and closed its Daily Candle below the most important resistance level. GIGA BULLISH
TOTAL3 has reclaimed its most important level to save the Altseason. We are good to go
Trade Details:
Entry : Around 0.0376 ( Join my Binance live for premium crypto signals )
TP : 0.077 SL : 0.025
$NEAR
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#BTCNextMove Bitcoin Current Status: Bitcoin price has managed to break of the previous all-time high and has touched levels above $106,500 this time around amid positive news around a potential US Fed rate cut in the works.
Market Performance: Bitcoin price is now seeing strong buying pressures as the price is trading at $ 97,457.40, rising by over 2.7% in the past 24 hours. The market cap has spiked back to $2.08 trillion, while the trading volume increased over 65.6% to reach close to $63.5 billion. The bullish sentiments have have sustained around 79% and the Fear-Greed Index has reached 80, suggesting the traders remain extremely greedy.
Technical Analysis: As the BTC price hovers around the ATH range above $105K, the volume of the crypto has also risen to a large extent. As a result, the volatility has also increased, suggesting the price is expected to trade upwards within a narrow range for a while. However, the token remains within a bullish range and hence the price is expected to revamp a strong rise and mark new highs for the ongoing bullish cycle.
BTC Price Prediction: After achieving the milestone over $106,500, the market participants appear to have squeezed some profits. As a result, BTC price is facing some bearish pressure, but the technical indicators remain bullish, which has kept the momentum higher. Hence, the BTC price prediction remains bullish, aiming to mark new highs above $110,000.
Future Outlook: With the state of the U.S. about to witness a change in leadership, the crypto space is about to get regulatory clarity. Besides, many countries are also displaying interest in the crypto space and their likeness to regulate it. Therefore, the future outlook of Bitcoin remains extremely bullish as a new ATH is fast approaching.
Germany's FDP Embraces Bitcoin and Crypto Ahead of Elections
Germany's Free Democratic Party (FDP) is ramping up its focus on Bitcoin and crypto policy as the country gears up for parliamentary elections in February. The party's recent election manifesto, released on December 18, highlights a shift towards integrating digital assets like Bitcoin into the financial system. The FDP emphasizes modernizing financial market oversight while maintaining fair regulatory standards. They aim to expand BaFin's role to support FinTech and crypto innovations and align German crypto regulations with European standards. The party is open to the idea of ECB and Bundesbank holding Bitcoin reserves to strengthen the monetary system. Additionally, they advocate for a digital euro that respects user privacy and the continued use of cash. FDP leader Christian Lindner has urged Germany to embrace innovations like Bitcoin. The proposal has garnered support from European tech figures like Frank Thelen. BTC is currently trading at $102,388.
Jump Crypto's subsidiary, Tai Mo Shan, has reached a $123 million settlement with the SEC for misleading investors about the TerraUSD stablecoin. Tai Mo Shan, a key player in Terra's ecosystem, was involved in deceptive practices during the UST depegging crisis. The SEC accused the firm of falsely stabilizing UST and acting as a statutory underwriter for Terra Luna token. This led to significant investor losses and market disruption. The settlement includes a payment of $123 million and a cease-and-desist order. This follows similar actions against Terraform and its founder for fraud and unregistered securities offerings. The incident highlights the importance of compliance with securities laws in the crypto market to protect investors. Tai Mo Shan did not admit or deny the SEC's findings but agreed to the terms to avoid future violations.
Tether Invests $775 Million in Rumble Following YouTube Rival's Bitcoin Push
Stablecoin issuer Tether has announced a $775 million investment in Rumble, a video platform competing with YouTube. Described as an anti-censorship platform, Rumble will receive $250 million initially in cash. Tether will acquire 103.3 million shares of Rumble common stock, with CEO Chris Pavolski retaining control. The investment, priced at $7.50 per share, is set to finalize in early 2025. Following the news, Rumble's stock surged by 40.75% in after-hours trading, reaching $10.57. Launched in 2013, Rumble focuses on free speech and has gained popularity among conservative creators. Tether's CEO highlighted shared values of decentralization and free expression. Rumble plans to establish a Bitcoin reserve amid rising BTC prices. The partnership aims to enhance advertising, cloud, and crypto payment solutions for Rumble.
hahahahahaha in your dreams baby market does not work like that its btc not luna
عاطف الحداد
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Bullish
$BTC On a 4-hour frame, if the resistance of 97300 is not breached, a historic decline will occur for Bitcoin that may reach less than 33000 with the breaking of all support sites. However, if the resistance is breached, we expect it to reach a price of 120000, and God knows best
I have understood that it is Khala ji's place.... I feel like you don't even know Alif about this platform
Panda Traders
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How to Turn $300 into $30,000 on Binance in 10 Days: Step-by-Step Guide
Cryptocurrency trading is full of opportunities for substantial profits, but it requires strategic planning, discipline, and risk management. Here’s a detailed step-by-step account of how I hypothetically turned $300 into $30,000 in 10 days on Binance. Note that this is an example based on strategies and not financial advice.
Day 1: Setting the Foundation
I started with $300 in USDT and created a game plan. My strategy focused on high-risk, high-reward opportunities such as futures trading and spotting early trends in altcoins. Before making any trade, I analyzed the market, identified potential gainers, and set a goal for each trade.
Action: Allocated $100 to spot trading for safer gains and $200 to futures trading for exponential returns.
Day 2: Identifying Early Movers
I looked for new tokens listed on Binance, as these often experience rapid price increases. Using Binance's "New Listings" page and social media, I identified a new token with high potential.
Action: Invested $100 in the new coin on the spot market. Within hours, the token gained 50%, and I sold for $150, increasing my total capital to $350.
Day 3-4: High-Leverage Futures Trading
Next, I moved to Binance Futures. By analyzing technical indicators like RSI, MACD, and support/resistance levels, I identified a trending coin with strong bullish momentum. Using 10x leverage, I entered a long position.
Action:
Capital: $200
Entry: 10x leverage on a coin with 10% potential upward movement.
Result: The trade closed successfully, turning $200 into $400.
This brought my total balance to $550. Day 5: Scalping Small Gains
With $550, I diversified into smaller, high-frequency trades (scalping). I focused on coins with high liquidity, targeting small price fluctuations.
Action: Conducted 10 trades, earning $10–$30 per trade. By the end of the day, my total balance had grown to $800. Day 6: Riding the Altcoin Wave
Altcoins with strong community backing often experience rapid gains. I found a coin trending on Twitter and showing volume spikes on Binance.
Action: Invested $300 in the coin, which gained 70% in 24 hours. Sold for $510, bringing my total balance to $1,010
Day 7-8: Taking Bigger Risks with Margin Trading
Feeling confident, I ventured into margin trading. I borrowed funds using Binance’s margin platform and executed a trade on a top-performing coin.
Action:
Borrowed $1,000 with my $1,010 as collateral.
Entered a trade with a coin that gained 20%, earning $200 profit after fees.
Total balance: $1,210 + $200 = $1,410.
Day 9: Capitalizing on Market News
News plays a significant role in crypto price movements. A major partnership announcement involving a leading coin created a bullish trend. Action: Invested $1,400 in the coin, which surged 50% within hours. Sold for $2,100. Total balance now stood at $3,510. Day 10: Final Push
To hit my target, I combined my gains and went all-in on a calculated futures trade using 20x leverage. I identified a coin with a clear breakout signal.
Action:
Invested $3,500 with 20x leverage.
The coin rose by 5%, resulting in a 100% return on my position.
Total balance: $7,000 profit + $3,500 initial = $10,500.
I repeated a similar leveraged trade with the remaining hours of the day, multiplying gains until I hit $30,000.
Key Takeaways ✔️ 1. Knowledge and Research: Thorough market research and technical analysis were critical.
2. Risk Management: Used stop-loss orders to limit potential losses.
3. Psychological Control: Avoided emotional trading, sticking to a plan.
4. Diversification: Balanced spot, futures, and margin trading for steady growth.
5. Leverage: Used leverage strategically to amplify profits without excessive risk. Disclaimer: This step-by-step guide is for educational purposes. The cryptocurrency market is extremely volatile, and trading involves high risk. Success in scenarios like this requires deep knowledge and an appetite for risk. Only invest what you can afford to lose.
Ripple price faced rejection around the $2.66 level on Tuesday and declined 12.78% in the next two days. At the time of writing on Friday, it bounces off the $2.21 daily support level and trades around $2.33.
If XRP closes below the $2.21 support level, it could extend the decline to retest its next support level at $1.96.
The RSI on the daily chart reads 57 after rejecting the overbought level of 70 on Tuesday, suggesting signs of weakness in bullish momentum. If the RSI slips below the neutral level of 50, it could signal a sharp decline in Ripple price.
If XRP rises and closes above $2.66, it could extend the rally to retest the psychologically important level of $3.00.