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WHAT MADE $BTC PUMP TODAY? šŸ”„ M. Saylor Hits Again šŸ‘‡ MicroStrategy has just massively expanded its Bitcoin holdings, now owning 279400 BTC (worth $23 billion)! From 31 October until today, MicroStrategy secretly purchased 27200 BTC (worth $2.05 billion). This company has achieved a 100% return on investment (ROI) and it still remains the largest corporate Bitcoin holder! From my point of view, I see this move as a commitment to a long-term belief in Bitcoin, despite price fluctuations. MicroStrategy has made Bitcoin a central part of its corporate treasury strategy. The company views Bitcoin not just as a speculative investment but as a store of value that serve as an hedge against inflation and economic instability! Will Bitcoin Hit 100k Before 2025? šŸ¤” Let Me Know in comments! STAY TUNED! šŸ”„ & Remember, Your Support Is MASSIVELY Appreciated!šŸ‘šŸ’Ŗ Also Don't Forget To Share It To Your Buddy! šŸŽ… - DYOR šŸ™ NFA.šŸ¤ #MicroStrategу #BitcoinPriceUpdate #BitcoinPricePredictions #bitcoinupdates {spot}(BTCUSDT)
WHAT MADE $BTC PUMP TODAY? šŸ”„ M. Saylor Hits Again šŸ‘‡

MicroStrategy has just massively expanded its Bitcoin holdings, now owning 279400 BTC (worth $23 billion)! From 31 October until today, MicroStrategy secretly purchased 27200 BTC (worth $2.05 billion). This company has achieved a 100% return on investment (ROI) and it still remains the largest corporate Bitcoin holder! From my point of view, I see this move as a commitment to a long-term belief in Bitcoin, despite price fluctuations. MicroStrategy has made Bitcoin a central part of its corporate treasury strategy. The company views Bitcoin not just as a speculative investment but as a store of value that serve as an hedge against inflation and economic instability!

Will Bitcoin Hit 100k Before 2025? šŸ¤” Let Me Know in comments!

STAY TUNED! šŸ”„ & Remember, Your Support Is MASSIVELY Appreciated!šŸ‘šŸ’Ŗ Also Don't Forget To Share It To Your Buddy! šŸŽ… - DYOR šŸ™ NFA.šŸ¤

#MicroStrategу #BitcoinPriceUpdate #BitcoinPricePredictions #bitcoinupdates
šŸ˜šŸ˜šŸ˜ #bitcoinā˜€ļø in November: 7% Gains So Farā€”Is a Bigger Rally Ahead? Bitcoin has risen 7% this November, and analysts are eyeing a surge to $100,000 following Donald Trumpā€™s presidential win. Increased #stablecoin activity suggests traders are gearing up for potential $BTC volatility, while some experts anticipate Bitcoin reaching $200,000 by mid-2025 due to rising institutional interest. Path to $100K: Analysts Weigh In - Ryan Lee, lead analyst at #Bitget Research, sees Bitcoin on track to surpass $100,000 in the coming months. The heightened open interest in BTC futures and rising stablecoin usage indicate that traders expect significant price swings, which could propel Bitcoin upward if fresh capital continues entering the market. - Similarly, Fadi Aboualfa from Copper.co links Trumpā€™s victory to a possible policy shift in the U.S. that may benefit digital assets. He predicts that by Januaryā€™s inauguration, Bitcoin could reach $100,000. With around 1.1 million BTC held in ETFs, institutional demand is poised to drive further gains. - Analyst Gert van Lagen highlighted Bitcoinā€™s recent breakout from a "Descending Broadening Wedge" pattern, signaling potential explosive growth. He projects BTC could hit $200,000 by May 2025, suggesting itā€™s now primed for parabolic gains. $100,000 on the Horizon? - Crypto influencer Lark Davis shared in a recent video his forecast for BTC to reach $100,000 within 90 days, citing Bitcoinā€™s recent high of $77,000 as a sign of growing market momentum. - With factors like increased stablecoin dominance, institutional investment, and optimism surrounding Trumpā€™s policies, Bitcoin appears on the cusp of a substantial rally. Novemberā€™s promising start has investors watching closely, hopeful BTC has much more in store as it heads toward new all-time highs. #BinanceSquareBTC #BitcoinPricePredictions
šŸ˜šŸ˜šŸ˜ #bitcoinā˜€ļø in November: 7% Gains So Farā€”Is a Bigger Rally Ahead?

Bitcoin has risen 7% this November, and analysts are eyeing a surge to $100,000 following Donald Trumpā€™s presidential win. Increased #stablecoin activity suggests traders are gearing up for potential $BTC volatility, while some experts anticipate Bitcoin reaching $200,000 by mid-2025 due to rising institutional interest.

Path to $100K: Analysts Weigh In

- Ryan Lee, lead analyst at #Bitget Research, sees Bitcoin on track to surpass $100,000 in the coming months. The heightened open interest in BTC futures and rising stablecoin usage indicate that traders expect significant price swings, which could propel Bitcoin upward if fresh capital continues entering the market.

- Similarly, Fadi Aboualfa from Copper.co links Trumpā€™s victory to a possible policy shift in the U.S. that may benefit digital assets. He predicts that by Januaryā€™s inauguration, Bitcoin could reach $100,000. With around 1.1 million BTC held in ETFs, institutional demand is poised to drive further gains.

- Analyst Gert van Lagen highlighted Bitcoinā€™s recent breakout from a "Descending Broadening Wedge" pattern, signaling potential explosive growth. He projects BTC could hit $200,000 by May 2025, suggesting itā€™s now primed for parabolic gains.

$100,000 on the Horizon?

- Crypto influencer Lark Davis shared in a recent video his forecast for BTC to reach $100,000 within 90 days, citing Bitcoinā€™s recent high of $77,000 as a sign of growing market momentum.

- With factors like increased stablecoin dominance, institutional investment, and optimism surrounding Trumpā€™s policies, Bitcoin appears on the cusp of a substantial rally. Novemberā€™s promising start has investors watching closely, hopeful BTC has much more in store as it heads toward new all-time highs.

#BinanceSquareBTC #BitcoinPricePredictions
Trump dump: Crypto liquidations hit $350M as Bitcoin dropped below $69KTrump dump: Crypto liquidations hit $350M as Bitcoin dropped below $69K Donald Trumpā€™s winning odds lead on Polymarket have significantly narrowed, and Bitcoin's little price dump caused big liquidations. Crypto market liquidations almost hit $350 million as Bitcoin briefly dipped below $69,000, with traders seemingly jittery in the lead-up to the United States presidential election. In all, $349.78 million was liquidated across $259.7 million long bets and $90.08 million short bets on Nov. 3, according to CoinGlass. Itā€™s the largest day of liquidations since Oct. 25, when Bitcoin BTC tickers down $69,070 failed to sustain a rally past $70,000. Bitcoin has seen a significant price swing over the last seven days, starting on Oct. 28 at around $67,700, then reaching a high of nearly $73,300 on Oct. 29 before dropping over the next few days with a brief dip to a low of $67,719 on Nov. 3. It quickly recovered and is now trading at $69,145, per CoinGecko. Bitcoinā€™s rollercoaster price action comes as the odds gap between US presidential bidders Donald Trump and Kamala Harris has tightened on the crypto native betting platform Polymarket. In early October, Trump overtook Harris on Polymarket as the likely winner of the Nov. 5 elections, with his odds of winning peaking at 67% on Oct. 30 ā€” thatā€™s now seen a sharp correction to 56%. The crypto industry views the Republican presidential candidate as the friendlier option as Trump has promised ā€” among other pledges ā€” to fire Securities and Exchange Commission Chair Gary Gensler and make the US ā€œthe world capital of crypto.ā€ Meanwhile, the Democratic Partyā€™s Harris has taken a more tempered approach to crypto, saying sheā€™d support a regulatory framework for the space in her pitch to Black male voters. Related: Harris vs. Trump: Who is the crypto industry backing? Trumpā€™s winning odds on Polymarket now more closely align with polling data, which shows that heā€™s essentially neck and neck with Harris ā€” who had a 0.9 percentage point lead on Nov. 3, FiveThirtyEight data shows. traders have speculated that Bitcoin could hit $100,000 in the event that Trump wins the election, while Bernstein analysts have said a Harris win could send Bitcoinā€™s price down significantly by the end of the year. In the immediate aftermath of the election results, crypto trader Daan Crypto Trades predicted Bitcoin could see ā€œat least a 10% move to either direction depending on who ends up winning the election.ā€ $BTC #TradingMadeEasy #trump #USElections2024Countdown #Bitcoinā— #BitcoinPricePredictions {spot}(BTCUSDT)

Trump dump: Crypto liquidations hit $350M as Bitcoin dropped below $69K

Trump dump: Crypto liquidations hit $350M as Bitcoin dropped below $69K
Donald Trumpā€™s winning odds lead on Polymarket have significantly narrowed, and Bitcoin's little price dump caused big liquidations.
Crypto market liquidations almost hit $350 million as Bitcoin briefly dipped below $69,000, with traders seemingly jittery in the lead-up to the United States presidential election.
In all, $349.78 million was liquidated across $259.7 million long bets and $90.08 million short bets on Nov. 3, according to CoinGlass. Itā€™s the largest day of liquidations since Oct. 25, when Bitcoin
BTC
tickers down
$69,070
failed to sustain a rally past $70,000.
Bitcoin has seen a significant price swing over the last seven days, starting on Oct. 28 at around $67,700, then reaching a high of nearly $73,300 on Oct. 29 before dropping over the next few days with a brief dip to a low of $67,719 on Nov. 3.
It quickly recovered and is now trading at $69,145, per CoinGecko.

Bitcoinā€™s rollercoaster price action comes as the odds gap between US presidential bidders Donald Trump and Kamala Harris has tightened on the crypto native betting platform Polymarket.
In early October, Trump overtook Harris on Polymarket as the likely winner of the Nov. 5 elections, with his odds of winning peaking at 67% on Oct. 30 ā€” thatā€™s now seen a sharp correction to 56%.
The crypto industry views the Republican presidential candidate as the friendlier option as Trump has promised ā€” among other pledges ā€” to fire Securities and Exchange Commission Chair Gary Gensler and make the US ā€œthe world capital of crypto.ā€
Meanwhile, the Democratic Partyā€™s Harris has taken a more tempered approach to crypto, saying sheā€™d support a regulatory framework for the space in her pitch to Black male voters.
Related: Harris vs. Trump: Who is the crypto industry backing?
Trumpā€™s winning odds on Polymarket now more closely align with polling data, which shows that heā€™s essentially neck and neck with Harris ā€” who had a 0.9 percentage point lead on Nov. 3, FiveThirtyEight data shows.
traders have speculated that Bitcoin could hit $100,000 in the event that Trump wins the election, while Bernstein analysts have said a Harris win could send Bitcoinā€™s price down significantly by the end of the year.
In the immediate aftermath of the election results, crypto trader Daan Crypto Trades predicted Bitcoin could see ā€œat least a 10% move to either direction depending on who ends up winning the election.ā€
$BTC #TradingMadeEasy #trump #USElections2024Countdown #Bitcoinā— #BitcoinPricePredictions
šŸš€ Bitcoin Eyes $50,000: Spot BTC ETFs in the Final Stretch! šŸŒšŸ’¹ Excitement is building in the crypto world as Bitcoin (BTC) sets its sights on the psychologically significant $50,000 mark, fueled by the race for approval among Spot BTC ETFs. šŸš€šŸ“ˆ Here's a breakdown of the latest developments and what lies ahead: 1. Spot BTC ETF Fee War: The Countdown to Approval! Bitcoin Spot ETF issuers are engaged in a fierce fee war, vying for the lowest rates ahead of the anticipated SEC approval. Grayscale stands out with the highest fee at 1.5%, while Bitwise Invest takes the lead with the lowest fee at 0.24%. The competitive pricing landscape sets the stage for a race to attract capital. 2. SEC Decision Anticipation: Delay or Green Light? With the January 10 deadline looming, market participants are eagerly awaiting the SEC's decision on the Spot Bitcoin ETF. While Bloomberg ETF analyst James Seyyfart notes competitive fee pricing among issuers, there's speculation about a potential delay. Founder of the Chamber of Digital Commerce, Perianne, suggests a delay signal in the SEC's recent comments on pending S-1 filings. šŸ—£ļø Perianne's Tweet: "SPOT BITCOIN ETF UPDATE: The SEC just issued additional comments on pending applicant's S-1s. This is a delay signal. #BitcoinETF #bitcoin" 3. Issuers Ready for Launch: Post-Approval Plans! Eleanor Terret, a journalist at Fox Business, shares insights from issuers who received additional SEC comments, expressing confidence in the approval process. A list of issuers, including Grayscale, Ark/21Shares, Blackrock, BitWise, VanEck, and more, stands ready to launch their Spot Bitcoin ETFs post-approval. 4. Technical Analysis: Bitcoin's Rally to $50,000! BTC's recent peak at $47,200 on Binance signals growing optimism around the impending ETF approval. While some experts believe approval is already priced in, the BTC price has climbed nearly 6% in the past week. šŸ“Š Stay Informed, Stay Ready: The Crypto Revolution Unfolds! šŸŒšŸ’” #BitcoinPricePredictions #cryptocurency #crypto2024
šŸš€ Bitcoin Eyes $50,000: Spot BTC ETFs in the Final Stretch! šŸŒšŸ’¹

Excitement is building in the crypto world as Bitcoin (BTC) sets its sights on the psychologically significant $50,000 mark, fueled by the race for approval among Spot BTC ETFs. šŸš€šŸ“ˆ Here's a breakdown of the latest developments and what lies ahead:

1. Spot BTC ETF Fee War: The Countdown to Approval!

Bitcoin Spot ETF issuers are engaged in a fierce fee war, vying for the lowest rates ahead of the anticipated SEC approval. Grayscale stands out with the highest fee at 1.5%, while Bitwise Invest takes the lead with the lowest fee at 0.24%. The competitive pricing landscape sets the stage for a race to attract capital.

2. SEC Decision Anticipation: Delay or Green Light?

With the January 10 deadline looming, market participants are eagerly awaiting the SEC's decision on the Spot Bitcoin ETF. While Bloomberg ETF analyst James Seyyfart notes competitive fee pricing among issuers, there's speculation about a potential delay. Founder of the Chamber of Digital Commerce, Perianne, suggests a delay signal in the SEC's recent comments on pending S-1 filings.

šŸ—£ļø Perianne's Tweet: "SPOT BITCOIN ETF UPDATE: The SEC just issued additional comments on pending applicant's S-1s. This is a delay signal. #BitcoinETF #bitcoin"

3. Issuers Ready for Launch: Post-Approval Plans!

Eleanor Terret, a journalist at Fox Business, shares insights from issuers who received additional SEC comments, expressing confidence in the approval process. A list of issuers, including Grayscale, Ark/21Shares, Blackrock, BitWise, VanEck, and more, stands ready to launch their Spot Bitcoin ETFs post-approval.

4. Technical Analysis: Bitcoin's Rally to $50,000!

BTC's recent peak at $47,200 on Binance signals growing optimism around the impending ETF approval. While some experts believe approval is already priced in, the BTC price has climbed nearly 6% in the past week.

šŸ“Š Stay Informed, Stay Ready: The Crypto Revolution Unfolds! šŸŒšŸ’”

#BitcoinPricePredictions #cryptocurency #crypto2024
šŸš€ Bitcoin Price Outlook: Will BTC Touch $100,000 in 2024? šŸŒšŸ’° Excitement is building as Bitcoin's price surged over 3% in the last seven days, reaching near the $44,000 mark. Investors are now contemplating the possibility of the king coin hitting new highs in 2024. Could BTC really touch $100,000? Let's explore the factors at play. šŸ“ˆ Bitcoin ETFs: Catalyst for New Highs? The anticipation around Bitcoin ETFs is creating a buzz in the market. Analysts, including the creator of the Stock-to-Flow (S2F) model, PlanB, are optimistic. PlanB predicts Bitcoin surpassing $100,000 in 2024, with an even more ambitious target of $532,000 by 2025. This projection aligns with the ongoing discussions and hopes surrounding the approval of ETFs. šŸ—“ļø 2024: A Year to Remember for Bitcoin? The bullish trend in Bitcoin's price last week is setting the stage for a potentially remarkable year. Currently trading at $43,912.86 with a market capitalization exceeding $860 billion, Bitcoin is capturing the attention of investors worldwide. šŸ“¢ Analyst Insights: BTC's Short-Term Potential Crypto analysts like Crypto Tony are closely monitoring the situation. Tony shares his anticipation of BTC reaching $50,000 if ETFs receive approval. His strategy involves holding long positions while Bitcoin remains above $41,000, with plans to take profits in the $47,000 - $50,000 range. šŸ” Bollinger Bands Tightening: Positive Signs for Investors Captain Faibik, a notable analyst, brings good news for investors in the short term. He highlights BTC's Bollinger Bands tightening in the daily timeframe chart, indicating potential upward movement in the coming days. šŸšØ Stay Informed, Stay Ahead: Follow The Blockopedia for Crypto Insights! šŸ’”šŸ“° #BitcoinPrice2024 #BitcoinPricePredictions #BitcoinBullRally2024 #cryptocurency #crypto2024
šŸš€ Bitcoin Price Outlook: Will BTC Touch $100,000 in 2024? šŸŒšŸ’°

Excitement is building as Bitcoin's price surged over 3% in the last seven days, reaching near the $44,000 mark. Investors are now contemplating the possibility of the king coin hitting new highs in 2024. Could BTC really touch $100,000? Let's explore the factors at play.

šŸ“ˆ Bitcoin ETFs: Catalyst for New Highs?

The anticipation around Bitcoin ETFs is creating a buzz in the market. Analysts, including the creator of the Stock-to-Flow (S2F) model, PlanB, are optimistic. PlanB predicts Bitcoin surpassing $100,000 in 2024, with an even more ambitious target of $532,000 by 2025. This projection aligns with the ongoing discussions and hopes surrounding the approval of ETFs.

šŸ—“ļø 2024: A Year to Remember for Bitcoin?

The bullish trend in Bitcoin's price last week is setting the stage for a potentially remarkable year. Currently trading at $43,912.86 with a market capitalization exceeding $860 billion, Bitcoin is capturing the attention of investors worldwide.

šŸ“¢ Analyst Insights: BTC's Short-Term Potential

Crypto analysts like Crypto Tony are closely monitoring the situation. Tony shares his anticipation of BTC reaching $50,000 if ETFs receive approval. His strategy involves holding long positions while Bitcoin remains above $41,000, with plans to take profits in the $47,000 - $50,000 range.

šŸ” Bollinger Bands Tightening: Positive Signs for Investors

Captain Faibik, a notable analyst, brings good news for investors in the short term. He highlights BTC's Bollinger Bands tightening in the daily timeframe chart, indicating potential upward movement in the coming days.

šŸšØ Stay Informed, Stay Ahead: Follow The Blockopedia for Crypto Insights! šŸ’”šŸ“°

#BitcoinPrice2024 #BitcoinPricePredictions #BitcoinBullRally2024 #cryptocurency #crypto2024
šŸš€ Bitcoin (BTC) Creates History with a Groundbreaking Bullish Pattern! šŸŒŸ In a monumental move, Bitcoin (BTC) has achieved an unprecedented milestone, forming a "golden cross" on its weekly chart for the first time in history! šŸ“ˆ This bullish pattern, identified when the short-term moving average surpasses the long-term moving average, is a significant indicator of potential positive momentum. šŸ“Š Breaking News: Bitcoin Forms Golden Cross! šŸšØ Witnessing this historic event, the 50-week moving average (MA) has crossed above the 200-week MA on the Bitcoin weekly chart. The cryptocurrency community is buzzing with excitement as this golden cross typically signals a sustained upward trend in the market. šŸ“ˆāœØ šŸ” Important Insight: The Golden Cross Dynamics While the golden cross is traditionally viewed as a positive sign, it's crucial to note that it can sometimes act as a lagging indicator. In other words, by the time the cross occurs, the market may have already factored in the bullish sentiment, confirming an existing trend rather than predicting a new one. šŸ’” Market Dynamics: Bitcoin Price Movement and External Factors Despite this historic formation, Bitcoin's price has experienced a temporary stumble, shedding $1,000 (2.3%) in just 7 hours. On-chain data analytics from Lookonchain attributes this downturn to significant selling pressure related to a large-scale transaction involving F2Pool's deposit of 1,000 BTC to Binance. šŸ“† Looking Ahead: Anticipation of a Market Catalyst As the market navigates these fluctuations, all eyes are on a potential game-changer for Bitcoin bullsā€”the approval of spot Bitcoin ETFs. Finance reporter Katie Greifeld hints at an imminent decision by the SEC, with ETF issuers submitting their S-1s. If approved, spot Bitcoin ETFs could start trading almost immediately, injecting new momentum into the market and sustaining the bullish trend. šŸš€ Stay Informed, Ride the Wave! Follow The Blockopedia for Real-time Crypto Updates! šŸŒšŸ“° #BitcoinPrice2024 #BitcoinBullRally2024 #BitcoinPricePredictions #cryptocurrency #crypto2024
šŸš€ Bitcoin (BTC) Creates History with a Groundbreaking Bullish Pattern! šŸŒŸ

In a monumental move, Bitcoin (BTC) has achieved an unprecedented milestone, forming a "golden cross" on its weekly chart for the first time in history! šŸ“ˆ This bullish pattern, identified when the short-term moving average surpasses the long-term moving average, is a significant indicator of potential positive momentum.

šŸ“Š Breaking News: Bitcoin Forms Golden Cross! šŸšØ

Witnessing this historic event, the 50-week moving average (MA) has crossed above the 200-week MA on the Bitcoin weekly chart. The cryptocurrency community is buzzing with excitement as this golden cross typically signals a sustained upward trend in the market. šŸ“ˆāœØ

šŸ” Important Insight: The Golden Cross Dynamics

While the golden cross is traditionally viewed as a positive sign, it's crucial to note that it can sometimes act as a lagging indicator. In other words, by the time the cross occurs, the market may have already factored in the bullish sentiment, confirming an existing trend rather than predicting a new one.

šŸ’” Market Dynamics: Bitcoin Price Movement and External Factors

Despite this historic formation, Bitcoin's price has experienced a temporary stumble, shedding $1,000 (2.3%) in just 7 hours. On-chain data analytics from Lookonchain attributes this downturn to significant selling pressure related to a large-scale transaction involving F2Pool's deposit of 1,000 BTC to Binance.

šŸ“† Looking Ahead: Anticipation of a Market Catalyst

As the market navigates these fluctuations, all eyes are on a potential game-changer for Bitcoin bullsā€”the approval of spot Bitcoin ETFs. Finance reporter Katie Greifeld hints at an imminent decision by the SEC, with ETF issuers submitting their S-1s. If approved, spot Bitcoin ETFs could start trading almost immediately, injecting new momentum into the market and sustaining the bullish trend.

šŸš€ Stay Informed, Ride the Wave! Follow The Blockopedia for Real-time Crypto Updates! šŸŒšŸ“°

#BitcoinPrice2024 #BitcoinBullRally2024 #BitcoinPricePredictions #cryptocurrency #crypto2024
Bitcoin Price Prediction: šŸš€ As $750M Rushes Into ETFs, Hereā€™s Why BTC Could Top $70,000 Pre-Halving šŸ“ˆ šŸ“ˆ Bitcoin price prediction: The crypto market is bullish as February comes to an end, driven by a Bitcoin surge from $51,730 on Monday to an intraday high of $64,000 during US business hours on Tuesday. šŸš€ This massive increase in BTCā€™s value comes amid immense interest in Bitcoin ETFs, which have posted impressive performances over the last several weeks. The general market outlook, especially for Bitcoin as it nears the April halving, is extremely bullish. Analysts suggest this uptick accounts for a pre-halving rally, with investors preparing to sell the news close to the event. šŸ’° Bitcoin is trading above $61,500 as bulls charge forward, bolstered by positive sentiment. Blockchain analytics platform Lookonchain revealed that Bitcoin ETFs have seen 12,187 BTC worth around $750 million flow into them at the current exchange rate. ā›“ļø The Bitcoin halving anticipated in April is another market mover expected to drive prices higher by reducing BTCā€™s circulating supply. Previous halvings have triggered substantial price increases several months after the event, often igniting bull runs. šŸ“Š Technical indicators signal further growth in BTC price. Bitcoin is in the process of cracking resistance at $64,000 for a close move to the all-time high near $69,000. The MACD indicator is bullish, showing a trend leaning bullishly reinforced by investors' confidence in Bitcoin. #BitcoinPricePredictions #Price-Prediction #bitcoin #HalvingAnalysis #Priceanalysis
Bitcoin Price Prediction: šŸš€ As $750M Rushes Into ETFs, Hereā€™s Why BTC Could Top $70,000 Pre-Halving šŸ“ˆ

šŸ“ˆ Bitcoin price prediction: The crypto market is bullish as February comes to an end, driven by a Bitcoin surge from $51,730 on Monday to an intraday high of $64,000 during US business hours on Tuesday.

šŸš€ This massive increase in BTCā€™s value comes amid immense interest in Bitcoin ETFs, which have posted impressive performances over the last several weeks. The general market outlook, especially for Bitcoin as it nears the April halving, is extremely bullish. Analysts suggest this uptick accounts for a pre-halving rally, with investors preparing to sell the news close to the event.

šŸ’° Bitcoin is trading above $61,500 as bulls charge forward, bolstered by positive sentiment. Blockchain analytics platform Lookonchain revealed that Bitcoin ETFs have seen 12,187 BTC worth around $750 million flow into them at the current exchange rate.
ā›“ļø The Bitcoin halving anticipated in April is another market mover expected to drive prices higher by reducing BTCā€™s circulating supply. Previous halvings have triggered substantial price increases several months after the event, often igniting bull runs.

šŸ“Š Technical indicators signal further growth in BTC price. Bitcoin is in the process of cracking resistance at $64,000 for a close move to the all-time high near $69,000. The MACD indicator is bullish, showing a trend leaning bullishly reinforced by investors' confidence in Bitcoin.

#BitcoinPricePredictions #Price-Prediction #bitcoin #HalvingAnalysis #Priceanalysis
THIS CHART PREDICTS $BTC TO $120K AFTER HALVING šŸ¤Æ The chart, which shows Bitcoin's price plotted against a logarithmic scale on the y-axis and time on the x-axis, predicts that Bitcoin will reach $120,000 after the halving. This representation is often used by traders and investors to gain insights about potential trends and market sentiment! #BitcoinHalvingEvent #BitcoinHalving2024 #BitcoinPricePredictions #BitcoinNews
THIS CHART PREDICTS $BTC TO $120K AFTER HALVING šŸ¤Æ

The chart, which shows Bitcoin's price plotted against a logarithmic scale on the y-axis and time on the x-axis, predicts that Bitcoin will reach $120,000 after the halving. This representation is often used by traders and investors to gain insights about potential trends and market sentiment!

#BitcoinHalvingEvent #BitcoinHalving2024 #BitcoinPricePredictions #BitcoinNews
šŸ“‰ Bitcoin Price Analysis: Could BTC Drop to $34,000? Continued Stagnation Ahead! šŸ“‰ The world's largest cryptocurrency, Bitcoin (BTC), faces substantial selling pressure, with the price recently dropping to $40,000. Amidst optimism about the long-term impact of the SEC's approval of Spot Bitcoin ETFs, analysts foresee a potential multi-month correction or stagnation in the Bitcoin price. The burning question: How low could BTC go? šŸ“Š Key Insights from Analysts: Understanding the Bitcoin Price Movements Renowned crypto analyst Ali Martinez notes that Bitcoin's price movements align with a parallel channel, encountering resistance at the $48,000 upper limit. Anticipating a pullback, Martinez suggests a potential drop below $34,000 before a recovery push towards the $57,000 upper limit. This analysis provides valuable perspectives on Bitcoin's trajectory, highlighting essential support and resistance levels within the established parallel channel. šŸš€ Stay Informed, Stay Cautious: Navigating the Bitcoin Market Landscape! šŸŒšŸ’° As the Bitcoin market navigates potential corrections and sentiment shifts, staying informed is key. Follow The Blockopedia for real-time updates, expert analyses, and insights to navigate the crypto landscape. Don't miss out on crucial market trends! šŸš€šŸ“° #BitcoinPrediction #BitcoinPrice2024 #BitcoinPricePredictions #cryptocurrency #crypto2024SpaceCatch
šŸ“‰ Bitcoin Price Analysis: Could BTC Drop to $34,000? Continued Stagnation Ahead! šŸ“‰

The world's largest cryptocurrency, Bitcoin (BTC), faces substantial selling pressure, with the price recently dropping to $40,000. Amidst optimism about the long-term impact of the SEC's approval of Spot Bitcoin ETFs, analysts foresee a potential multi-month correction or stagnation in the Bitcoin price. The burning question: How low could BTC go?

šŸ“Š Key Insights from Analysts: Understanding the Bitcoin Price Movements

Renowned crypto analyst Ali Martinez notes that Bitcoin's price movements align with a parallel channel, encountering resistance at the $48,000 upper limit. Anticipating a pullback, Martinez suggests a potential drop below $34,000 before a recovery push towards the $57,000 upper limit. This analysis provides valuable perspectives on Bitcoin's trajectory, highlighting essential support and resistance levels within the established parallel channel.

šŸš€ Stay Informed, Stay Cautious: Navigating the Bitcoin Market Landscape! šŸŒšŸ’°

As the Bitcoin market navigates potential corrections and sentiment shifts, staying informed is key.

Follow The Blockopedia for real-time updates, expert analyses, and insights to navigate the crypto landscape. Don't miss out on crucial market trends! šŸš€šŸ“°

#BitcoinPrediction #BitcoinPrice2024 #BitcoinPricePredictions #cryptocurrency #crypto2024SpaceCatch
Bitcoin Reaches New Heights with a Surge to $64,000 šŸš© šŸ“ˆ The largest cryptocurrency Bitcoin (BTC) surged past the $61,000 mark, briefly touching $64,000, a level not seen in over two years. This extraordinary price rise marked a period of impressive gains as Bitcoinā€˜s total market value exceeded $1.2 trillion last month. āš ļø Matrixportā€™s co-founder Daniel Yan warned of a potential 15% correction, advising investors to prepare for a pullback to the range of $52,000 to $53,000 by the end of April. He highlighted macroeconomic events such as the Fed interest rate meeting and GDP figures as potential triggers for this correction. šŸ“‰ The Crypto Fear and Greed Index, currently at 80, signals ā€œextreme greed,ā€ reminiscent of the sentiment seen two years ago when Bitcoin reached a peak around $69,000. This cautionary signal urges investors to exercise caution amidst the market excitement. #BitcoinPricePredictions #bitcoin #Priceanalysis
Bitcoin Reaches New Heights with a Surge to $64,000 šŸš©

šŸ“ˆ The largest cryptocurrency Bitcoin (BTC) surged past the $61,000 mark, briefly touching $64,000, a level not seen in over two years. This extraordinary price rise marked a period of impressive gains as Bitcoinā€˜s total market value exceeded $1.2 trillion last month.

āš ļø Matrixportā€™s co-founder Daniel Yan warned of a potential 15% correction, advising investors to prepare for a pullback to the range of $52,000 to $53,000 by the end of April. He highlighted macroeconomic events such as the Fed interest rate meeting and GDP figures as potential triggers for this correction.

šŸ“‰ The Crypto Fear and Greed Index, currently at 80, signals ā€œextreme greed,ā€ reminiscent of the sentiment seen two years ago when Bitcoin reached a peak around $69,000. This cautionary signal urges investors to exercise caution amidst the market excitement.

#BitcoinPricePredictions #bitcoin #Priceanalysis
šŸš€ Bitcoin Set for $88K by 2024; Ethereumā€™s Momentum Surges: Analyst šŸ“ˆ Senior Crypto Research Analyst at Bitwise, Ryan Rasmussen, predicted Bitcoin would reach $88K by the end of 2024 in a recently released interview with Yahoo Finance. In Bitcoinā€™s recent surge, the crypto reached its highest level in over two years, breaking above the $57,000 mark. However, the interview highlighted how, year to date, Ethereum ā€œhas managed to outperform its larger crypto rival.ā€ Rasmussen stated that Bitcoin benefits from excitement around the upcoming halving event and bullish futures trading positions. However, the analyst believes that Ethereum is bullish due to the anticipation around the Dencun upgrade in March, which is driving ā€œa lot of excitement.ā€ The upgrade is reportedly expected to lower transaction costs. Despite the optimism, the analyst highlighted that the Bitcoin ETFs werenā€™t approved easily šŸ“ˆšŸš€šŸ“‰ #Bitcoinā€¬ #priceprediction #BitcoinPricePredictions #bullrun
šŸš€ Bitcoin Set for $88K by 2024; Ethereumā€™s Momentum Surges: Analyst šŸ“ˆ

Senior Crypto Research Analyst at Bitwise, Ryan Rasmussen, predicted Bitcoin would reach $88K by the end of 2024 in a recently released interview with Yahoo Finance. In Bitcoinā€™s recent surge, the crypto reached its highest level in over two years, breaking above the $57,000 mark. However, the interview highlighted how, year to date, Ethereum ā€œhas managed to outperform its larger crypto rival.ā€

Rasmussen stated that Bitcoin benefits from excitement around the upcoming halving event and bullish futures trading positions. However, the analyst believes that Ethereum is bullish due to the anticipation around the Dencun upgrade in March, which is driving ā€œa lot of excitement.ā€ The upgrade is reportedly expected to lower transaction costs.

Despite the optimism, the analyst highlighted that the Bitcoin ETFs werenā€™t approved easily šŸ“ˆšŸš€šŸ“‰

#Bitcoinā€¬ #priceprediction #BitcoinPricePredictions #bullrun
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#BitcoinPricePredictions : - The 50-day simple moving average serves as a valuable oscillator for understanding the daily price action of Bitcoin. - Bitcoin generally shows a movement of around 15% to 17% when it falls below this moving average. - This trend has been constantly observed throughout 2023. Breakouts above this MA generated substantial returns, from 35% to 82%, as the chart shows. Currently, the price is hovering around the same level. A break below this MA could lead to a 15% market correction, potentially taking the price back below $40,000 and even reaching $36,000. This also corresponds to 150 SMA, another oscillator that shows potential reversal points during an uptrend. On the contrary, maintaining the current level could propel the price to $52,000. It is essential to prepare for both scenarios. These observations are solely derived from graphical analysis, and speculation is based on logic and fractals. So, DYOR, N.F.A. I would appreciate your opinion on this analysis! Donā€™t hesitate to share this painting with your friends! #BTC #ETH
#BitcoinPricePredictions : - The 50-day simple moving average serves as a valuable oscillator for understanding the daily price action of Bitcoin.

- Bitcoin generally shows a movement of around
15% to 17% when it falls below this moving average.
- This trend has been constantly observed
throughout 2023.

Breakouts above this MA generated substantial returns, from 35% to 82%, as the chart shows.
Currently, the price is hovering around the same level.
A break below this MA could lead to a 15% market correction, potentially taking the price back below $40,000 and even reaching $36,000.

This also corresponds to 150 SMA, another oscillator that shows potential reversal points during an uptrend.
On the contrary, maintaining the current level could propel the price to $52,000.

It is essential to prepare for both scenarios.

These observations are solely derived from graphical analysis, and speculation is based on logic and fractals.

So, DYOR, N.F.A.

I would appreciate your opinion on this analysis!

Donā€™t hesitate to share this painting with your friends!

#BTC #ETH
šŸšØBTC Remains Under Pressure But Continues Avoiding Sub-$40,000šŸ“‰BTC reacted to US economic indicators on Friday. However, a positive session for the Nasdaq Composite Index supported a late recovery.Key Insights:BTC gained 0.85% on Friday, ending the session at $41,686.A sharp improvement in US consumer sentiment dragged BTC to a session low of $40,290.On Saturday, investors must consider SEC activity, SEC v crypto case-related news, and BTC-spot ETF-related news.Bitcoin Visits Sub-$41,000 on Jump in US Consumer SentimentBTC gained 0.85% on Friday. Partially reversing a 3.41% slide from Thursday, BTC ended the day at $41,686. Significantly, BTC returned to sub-$41,000 for the second time since December 18.US Consumer Sentiment Unexpectedly Spiked in JanuaryOn Friday, US consumer sentiment numbers for January surprised the markets. The Michigan Consumer Sentiment Index increased from 69.7 to 78.8 in January. Investors reduced bets on a March Fed rate cut this week, testing buyer demand for BTC.According to the CME FedWatch Tool, the chances of a March Fed rate cut declined from 76.9% to 48.1% over the week.However, BTC tracked the Nasdaq Composite Index through the session, ending the day with gains. On Friday, the Nasdaq Composite Index rose by 1.70%.BTC-Spot ETF Trading Volumes Begin RecoveryBTC-spot ETFs remained a focal point for investors on Friday. Trading volumes continued to recover after a significant decline on Day 3 of BTC-spot ETF trading.Bloomberg Intelligence ETF Analyst Eric Balchunas provided trading volumes for day six for the nine approved BTC-spot ETFs, the Nine. Significantly, the Fidelity Wise Origin Bitcoin Trust (FBTC) moved ahead of iShares Bitcoin Trust (IBIT) for the first time since launch.Balchunas put the BTC-spot ETF trading volumes into perspective, saying,ā€œFor context, as a group the Nineā€™s $1.2b in daily volume puts them in Top 1% of all ETFs (w/ $GBTC as well). But even if you single them out, $FBTC & $IBIT each in Top 2%. Keep in mind the avg age of ETFs in Top 2% is prob like 14yrs old. So pretty wild to get there in a week.ā€Bitcoin Fear & Greed Remains NeutralThe Bitcoin Fear & Greed Index increased from 51 to 52 on Saturday. Significantly, the Index remained in the Neutral zone, signaling near-term uncertainty.A move toward the Greed zone would send bullish signals. SEC regulatory scrutiny and US lawmaker chatter continue influencing buyer appetite for cryptos. However, easing bets on a March Fed rate hike could also impact near-term BTC price trends.Bitcoin AnalysisBTC remained below the 50-day EMA while sitting above the 200-day EMA. The EMAs affirm bearish near-term but bullish longer-term price signals.A BTC breakout from the 50-day EMA would support a move to the $42,968 resistance level.On Saturday, SEC-related activity and BTC-spot ETF-related updates need consideration.However, a drop below the Friday low of $40,290 would bring the $39,861 support level into play.The 14-Daily RSI reading, 43.07, indicates a BTC fall to the $39,861 support level before entering oversold territory#BTC #BitcoinMoves #Bitcoin #BitcoinPricePredictions #BitcoinAnalysis

šŸšØBTC Remains Under Pressure But Continues Avoiding Sub-$40,000šŸ“‰

BTC reacted to US economic indicators on Friday. However, a positive session for the Nasdaq Composite Index supported a late recovery.Key Insights:BTC gained 0.85% on Friday, ending the session at $41,686.A sharp improvement in US consumer sentiment dragged BTC to a session low of $40,290.On Saturday, investors must consider SEC activity, SEC v crypto case-related news, and BTC-spot ETF-related news.Bitcoin Visits Sub-$41,000 on Jump in US Consumer SentimentBTC gained 0.85% on Friday. Partially reversing a 3.41% slide from Thursday, BTC ended the day at $41,686. Significantly, BTC returned to sub-$41,000 for the second time since December 18.US Consumer Sentiment Unexpectedly Spiked in JanuaryOn Friday, US consumer sentiment numbers for January surprised the markets. The Michigan Consumer Sentiment Index increased from 69.7 to 78.8 in January. Investors reduced bets on a March Fed rate cut this week, testing buyer demand for BTC.According to the CME FedWatch Tool, the chances of a March Fed rate cut declined from 76.9% to 48.1% over the week.However, BTC tracked the Nasdaq Composite Index through the session, ending the day with gains. On Friday, the Nasdaq Composite Index rose by 1.70%.BTC-Spot ETF Trading Volumes Begin RecoveryBTC-spot ETFs remained a focal point for investors on Friday. Trading volumes continued to recover after a significant decline on Day 3 of BTC-spot ETF trading.Bloomberg Intelligence ETF Analyst Eric Balchunas provided trading volumes for day six for the nine approved BTC-spot ETFs, the Nine. Significantly, the Fidelity Wise Origin Bitcoin Trust (FBTC) moved ahead of iShares Bitcoin Trust (IBIT) for the first time since launch.Balchunas put the BTC-spot ETF trading volumes into perspective, saying,ā€œFor context, as a group the Nineā€™s $1.2b in daily volume puts them in Top 1% of all ETFs (w/ $GBTC as well). But even if you single them out, $FBTC & $IBIT each in Top 2%. Keep in mind the avg age of ETFs in Top 2% is prob like 14yrs old. So pretty wild to get there in a week.ā€Bitcoin Fear & Greed Remains NeutralThe Bitcoin Fear & Greed Index increased from 51 to 52 on Saturday. Significantly, the Index remained in the Neutral zone, signaling near-term uncertainty.A move toward the Greed zone would send bullish signals. SEC regulatory scrutiny and US lawmaker chatter continue influencing buyer appetite for cryptos. However, easing bets on a March Fed rate hike could also impact near-term BTC price trends.Bitcoin AnalysisBTC remained below the 50-day EMA while sitting above the 200-day EMA. The EMAs affirm bearish near-term but bullish longer-term price signals.A BTC breakout from the 50-day EMA would support a move to the $42,968 resistance level.On Saturday, SEC-related activity and BTC-spot ETF-related updates need consideration.However, a drop below the Friday low of $40,290 would bring the $39,861 support level into play.The 14-Daily RSI reading, 43.07, indicates a BTC fall to the $39,861 support level before entering oversold territory#BTC #BitcoinMoves #Bitcoin #BitcoinPricePredictions #BitcoinAnalysis
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