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It was supposed to be like that yesterday too

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BlackRock Advocates for 1-2% Bitcoin Allocation in Traditional Portfolios The world’s largest asset manager BlackRock has advocated for a 1% to 2% allocation in Bitcoin on the traditional 60/40 portfolio, composed of a larger portion of equities than bonds, drawing parallels to exposure to the “magnificent seven” stocks. These stocks including tech giants Amazon and Apple, which according to BlackRock’s Chief Investment Officer for ETFs and Index Investments Samara Cohen provide an “example of single portfolio holdings that account for a comparatively large share of portfolio risk” and while they differ from BTC, these factors “make them a useful starting point for assessing the risk of a single holding.” BlackRock’s report notes Bitcoin has historically a low correlation with traditional markets and has potential as a valuable diversifier. This low correlation, it adds, has been evident since June 2022 and is attributed to factors including declining confidence in traditional banking systems and growing geopolitical tensions. Per BlackRock’s research, a 1% allocation contributes approximately 2% to overall portfolio risk, while a 2% allocation to Bitcoin increases it to 5%. Higher allocations, the firm warns, significantly simplify risk. Cohen warned that future price appreciation may become more difficult as the return characteristics of BTC are “likely to change significantly once we reach a target state where potentially the portfolio allocation is much more tactical like gold.”

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Solana Surpasses Ethereum in New Crypto Developers The developer population in the cryptocurrency space declined by a modest 7% from a year ago, with the total number of active developers dropping to 23,613 in November. The Solana ecosystem has emerged as the most popular platform for new developers, experiencing an 83% rise in developer activity. The network surpassed Ethereum in the metric in July. IT attracted 7,625 new developers over the year, the most of any chain and over 1,000 more than the second-largest cryptocurrency by market capitalization Ethereum. Ethereum’s developer count dropped by around 17%, according to a recent report from Electric Capital, which details that despite Solana’s growth Ethereum is still ahead in developer talent, as its deep network effects help it maintain the biggest developer ecosystem. Over half of Ethereum’s developers are working on Layer-2 networks built on top of it, including Arbitrum, Base, and Optimism. The report has also shown that the cryptocurrency developer community is becoming increasingly global, with Asia surpassing North America as the continent with the highest number of developers.

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$BTTC beautiful situation emarging . price consolidate between MA(99) and MA(200) in 4h chart MA(99) = 0.00000143 MA(200)= 0.00000129 Bollinger MB = 0.00000131(middle Band) if MA(200) cross the Bollinger MB then uptrend is unstoppable. and it's near time

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$BTTC 1. Growth of Margin Debt: Trend: The overall trend seems to be slightly downward, with some fluctuations. Recent Movement: The most recent data point shows a slight decrease compared to the previous period. Interpretation: This could indicate that investors are becoming less leveraged in their positions, potentially due to a decrease in market volatility or a change in sentiment. 2. Margin Long-Short Positions Ratio: Trend: The trend is generally upward, with some periods of stability and decline. Recent Movement: The most recent data point shows a slight increase compared to the previous period. Interpretation: This suggests that more investors are taking long positions (betting on the price increasing) compared to short positions (betting on the price decreasing). This could indicate bullish sentiment among traders. 3. Isolated Margin Borrow Amount Ratio: Trend: The trend is generally upward, with some periods of stability and decline. Recent Movement: The most recent data point shows a significant decrease compared to the previous period. Interpretation: This could indicate that investors are reducing their leverage and repaying their margin loans. This could be due to a decrease in market volatility or a change in sentiment. Overall Analysis: Based on these charts, it seems that there is a mixed sentiment among traders regarding BTTC/USDT. While some investors are taking on more leveraged positions, others are reducing their leverage. The recent decrease in the isolated margin borrow amount ratio suggests that some investors may be taking a more cautious approach. It is important to note that these charts only provide a snapshot of the current market conditions and should not be used as the sole basis for investment decisions. It is always recommended to conduct thorough research and consider multiple factors before making any investment decisions.

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#BTCReclaims101K Overall Trend: Short-Term (1-hour): The short-term trend appears bearish. The price is below the 200-period moving average (MA), indicating a downward trend. The Relative Strength Index (RSI) is below 50, confirming the bearish sentiment. Long-Term (1-year): The long-term trend is bullish. The price has been steadily increasing over the past year, and the 200-period MA is sloping upwards. Resistance and Support Levels: Resistance: The current price level of $99,295.01 is a significant resistance level. The 200-period MA around $94,507.66 is another strong resistance level. The Bollinger Bands upper band at $102,559.7 is also a resistance level. Support: The 50-period MA around $97,590.17 is a potential support level. The Bollinger Bands lower band at $94,973.20 is another support level. Indicators: MACD: The Moving Average Convergence Divergence (MACD) is below the signal line, indicating a bearish trend. RSI: The RSI is below 50, confirming the bearish sentiment. STOCHRSI: The Stochastic RSI is below 50, indicating oversold conditions. Potential Scenarios: Bearish Scenario: If the price breaks below the 50-period MA, it could lead to further downside towards the Bollinger Bands lower band. A sustained break below the 200-period MA would confirm a long-term bearish trend. Bullish Scenario: A break above the current resistance level of $99,295.01 could trigger a short-term bullish move. A sustained break above the 200-period MA would confirm a long-term bullish trend. Key Points to Watch: Price Action: Keep an eye on the price action around the resistance and support levels mentioned above. Volume: Increased trading volume can signal a potential trend reversal. News and Events: Any significant news or events related to Bitcoin can impact the price. Disclaimer: This analysis is based on the provided information in charts and is for informational purposes only. Please conduct your own research or consult with a financial advisor before making any investment decisions.

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