The cryptocurrency bull market is likely to persist into 2025, reaching its first peak in Q1. At the peak of the cycle, Bitcoin could double in value, and the same could easily happen with Ethereum. Among the many potential bullish catalysts, one can consider institutional and corporate investment, approvals from traditional brokerage firms, the improved regulatory climate in the United States, the tight supply of Bitcoin due to the halving, and more advanced portfolio allocations. In turn, the number of countries holding Bitcoin in their reserves could double by 2025, from nine to eighteen. Lawmakers in the US, Brazil, and Russia have proposed adding the cryptocurrency to national treasuries this year. The stablecoin market may also double to $400 billion, largely driven by long-awaited stablecoin legislation in the United States. This market recently reached $200 billion in market capitalization amid the post-US election rally. Very interesting times are coming in the Crypto market.
#XmasCryptoMiracles Why not break away from the traditional and give a different gift to your loved ones? If you are looking for an original gift and they like cryptocurrencies, then you will find a world of possibilities for gifting. The most obvious gift is to directly give cryptocurrencies. You can gift Bitcoin, Ethereum, or any other cryptocurrency that you find interesting and like. To gift cryptocurrencies, you need to have a digital wallet, or you can do it through Binance. After that, you will need to buy the cryptocurrencies you want to gift. Once you have the cryptocurrencies, you can send them to the recipient's digital wallet or their Binance user. You can also take advantage of red envelopes and other gifting options that Binance offers, while also earning points and rewards in the process. As Fito said: To give is to give "It is just a way of going To give is to give What you receive is also freedom"
It is key to make a reading of "fear" that can indicate a buying opportunity, while a reading of "greed" can lead to a good scenario for selling due to high demand or a potential overbought situation and subsequent correction. In this order of ideas, the latest significant falls in cryptocurrencies have coincided with important rebounds in the market. It happens that with the queen of cryptocurrencies falling to $93,000, it affects its younger sisters. However, personally, I remain absolutely optimistic about the potential of bitcoin and the rest of cryptos. Indeed, many believe that there are several factors at play that are creating an attractive opportunity to buy bitcoin at the moment. So, rebound in the market: opportunity to buy or more falls in sight in the future?
It is reasonable to think that the fall of Bitcoin is due to a massive bearish divergence between its price and the relative strength index over the last month. This type of divergence is generally followed by a drop of 8% to 10%, which could be considered a necessary reset. There are those who believe that a deeper correction for Bitcoin may occur based on the same divergence pattern. Comparing the current price action of Bitcoin with January 2024, if a similar outcome develops, the sale of BTC could extend as low as $85,000. Obviously, it is a possibility. Nobody has a crystal ball in the market. However, if we analyze the medium-term charts of BTC, a bearish structural breakout is revealed. But there is a clear invalidation for a bullish reversal if Bitcoin continues to close a daily candle above $95,000. It will all be a matter of time, but we are certainly facing an exciting moment in a market that increasingly attracts the eyes of new investors.
#MarketPullback After hitting a new record price of $108,268 this week, Bitcoin plummeted and lost its bullish momentum following an announcement from the Federal Reserve of the United States regarding the future evolution of interest rates. On the other hand, altcoins also suffered significant declines in the last 24 hours. Solana (11.7%), Ethereum (12%), and XRP (10%) were dragged down by Bitcoin's bearish trend. The main reason for the BTC retreat is surely due to the Federal Reserve's decisions: the Fed announced a reduction in interest rates by 25 basis points, but also indicated that it anticipates fewer cuts in the future, which generated concern in the markets. This change in monetary policy led to negative sentiment among investors, directly affecting the price of Bitcoin, which fell more than $10,000 from its recent highs.
BTC reached an all-time high and was able to reach above $108,000 a few days ago, only to plummet in a matter of hours and break through the $100,000 floor. This fall occurs despite the recent rate cut by the United States Federal Reserve and is, specifically, based on statements by Jerome Powell, which may be the explanation for the recent fall of Bitcoin. Notwithstanding this, specialists assure that this drop is really an opportunity. “Opportuncrisis” would say our dear Homer Simpson. Because the expectations for 2025 remain promising and bullish. And it is that after each halving, which reduces the new supply of Bitcoins in circulation, its price usually has periods of correction followed by significant increases in its price, which reaches its peak the following year. #BTCNextMove
Bitcoin has laid the groundwork for the emergence of many virtual currencies, marking a crucial moment in this market. It rose above 100,000 dollars again. The most popular cryptocurrency in the market surpassed this mark again and reached levels of 106,000 dollars. This is the longest period that BTC has traded in the six-digit territory. The price of bitcoin is what has driven the growth of the cryptocurrency market. So far in 2023, its capitalization has increased by 162%, "outperforming much of the market and most of the other major crypto assets," Binance has said. Bitcoin is unstoppable and opens the doors to a new future with horizons still unimaginable.
Bitcoin has laid the foundation for the emergence of many virtual currencies, marking a crucial moment for this market. It has climbed back above 100,000 dollars. The most popular cryptocurrency in the market has surpassed this mark again and reached levels of 106,000 dollars. This is the longest period that BTC has traded in the six-digit territory. Bitcoin is unstoppable and opens the doors to a new future with horizons still unimaginable.
#MarketNewHype #MarketNewHype It's the moment to make the most of the moment. Keep in mind that hype is a marketing strategy used to generate exaggerated expectations around something. But could it be the case of creating a non-existent need, something generated only as an expectation of advertising????? Or a true opportunity to make the most of a great and unique historical moment. #MarketNewHype
#MarketNewHype It is the time to make the most of the moment. Keep in mind that hype is a marketing strategy used to generate exaggerated expectations around something. But it could be the case of creating a non-existent need, something generated only as an expectation of advertising????? Or a true opportunity to make the most of a great and unique historical moment. #MarketNewHype #itthetime #MarketNewHype #dontsleep
2) invest your money in solid projects or those with higher capitalization, such as SOL, BTC, ETH, XRP if you want to have lower risks, the higher the market cap, the better support you have.
The Collapse of Cryptocurrencies: What is Happening This Week? The cryptocurrency market has started the week with a gloomy outlook, leaving many investors surprised and concerned. Below, we will explore the possible causes behind this collapse, its implications, and what we can expect in the coming days. The decline in figures The start of this week has seen a significant drop in the value of major cryptocurrencies: Bitcoin (BTC): It has lost more than 10% of its value in the last 48 hours, falling below the psychological mark of $25,000.
$MOVE This cryptocurrency has had a surprising growth just hours after its launch, managing to remove a zero from its digits in just one day.
For those who managed to buy it at the time, they can enjoy great benefits. If you haven't acquired it yet, you are still in a good moment; it is estimated that its value will grow even more, potentially reaching a maximum of approximately 2 dollars in the coming days.
Remember that the cryptocurrency market is very volatile and sensitive to various factors. Therefore, it is important to stay constantly informed about future movements. $MOVE