BitcoinPricePredictions
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Bitcoin continues its bullish run, breaking the $72,000 mark for the first time since March! š Is this a sign of another all-time high? š #BitcoinPricePredictions #CryptoBullRun #NewHighs
WHAT MADE $BTC PUMP TODAY? š„ M. Saylor Hits Again š
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? š¤ Let Me Know in comments!
STAY TUNED! š„ & Remember, Your Support Is MASSIVELY Appreciated!ššŖ Also Don't Forget To Share It To Your Buddy! š - DYOR š NFA.š¤
#MicroStrategŃ #BitcoinPriceUpdate #BitcoinPricePredictions #bitcoinupdates
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? š¤ Let Me Know in comments!
STAY TUNED! š„ & Remember, Your Support Is MASSIVELY Appreciated!ššŖ Also Don't Forget To Share It To Your Buddy! š - DYOR š NFA.š¤
#MicroStrategŃ #BitcoinPriceUpdate #BitcoinPricePredictions #bitcoinupdates
ā”ļøš° #Bitcoin vs Gold: A Paradigm Shift Unveiled! šš
Hold on tight, crypto enthusiasts! š Contrary to gold, $BTC emerges as the true game-changer. While gold's production tripled between 1947 and 2010, Bitcoin operates on a revolutionary principle ā a finite supply, immune to fiat fluctuations.
š Unveiling the Crypto Paradigm Shift:
Bitcoin, unlike gold, isn't subject to endless mining or economic manipulations. It operates on a predetermined supply, ensuring a digital rarity that challenges traditional norms.
Opinions matter! š£ļø Are you ready for this crypto revolution?
Share your thoughts! š¬š
Stay ahead in the crypto realm! Like, share, and follow @MemeLauncher for more insights! šš
#BitcoinRevolution #CryptoInsights #BTCVSGOLD #BTC #BitcoinPricePredictions
Hold on tight, crypto enthusiasts! š Contrary to gold, $BTC emerges as the true game-changer. While gold's production tripled between 1947 and 2010, Bitcoin operates on a revolutionary principle ā a finite supply, immune to fiat fluctuations.
š Unveiling the Crypto Paradigm Shift:
Bitcoin, unlike gold, isn't subject to endless mining or economic manipulations. It operates on a predetermined supply, ensuring a digital rarity that challenges traditional norms.
Opinions matter! š£ļø Are you ready for this crypto revolution?
Share your thoughts! š¬š
Stay ahead in the crypto realm! Like, share, and follow @MemeLauncher for more insights! šš
#BitcoinRevolution #CryptoInsights #BTCVSGOLD #BTC #BitcoinPricePredictions
š Bitcoin Price Outlook: Will BTC Touch $100,000 in 2024? šš°
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.
š 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.
šļø 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.
š¢ 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.
š 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.
šØ Stay Informed, Stay Ahead: Follow The Blockopedia for Crypto Insights! š”š°
#BitcoinPrice2024 #BitcoinPricePredictions #BitcoinBullRally2024 #cryptocurency #crypto2024
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.
š 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.
šļø 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.
š¢ 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.
š 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.
šØ Stay Informed, Stay Ahead: Follow The Blockopedia for Crypto Insights! š”š°
#BitcoinPrice2024 #BitcoinPricePredictions #BitcoinBullRally2024 #cryptocurency #crypto2024
How Bitcoin, Ethereum, Solana, and Other Top Coins Will Perform in 2024
#BitcoinReality #BitcoinPricePredictions #XRP-LEDGER Bitcoinās bullish comeback goes for $45,000 resistances, Ethereum reclaims $2,400, Solana rises above $100 as cryptocurrency prices wake up.Bitcoin price breaks out to $45,000 amid rising investor interest in BTC ETFs.Ethereum reclaims $2,400 level after Dencun upgrave goes live on Holesky testnet.Solana defies negative sentiment after network outage, climbs above $100.After undergoing a squeeze characterized by limited volatility, Bitcoin steadied its north-facing trend and regained support at $43,000 as well as $44,000. This surprise move follows impressive performance in theĀ BTC ETFĀ arena, where most products are now achieving encouraging net inflows.ETF data from SoSoValue shows that the total inflow of all spot BTC ETFs reached $146 million, equal to the net inflows for at least nine consecutive days.The ETFs are still new, but they are attracting more investors who see the long-term potential of Bitcoin. The key level to watch is $45,000. If Bitcoin breaks above it, it could rally to $48,000 or higher.TheĀ Bitcoin halvingĀ in April is another bullish factor. It could spark FOMO among investors who want to profit from a possible bull run.#DYM On the downside, traders should watch out for support from the 20-day Exponential Moving Average (EMA) and the 50-day EMA (the blue and red lines catching up to the price on the chart).Levels To Watch:The Moving Average Convergence Divergence (MACD) is above neutral, backing the uptrend.Resistance to watch: $45,000Support to watch: The 20-day EMA, $42,000, $40,000
Hereās When Bitcoin (BTC) Will Tap $100K, According to Robert Kiyosaki
The assetās surge to a six-digit territory will happen sooner than many expected, predicted Kiyosaki.
It has been more than two years since the popular Laser-eye movements took over Crypto Twitter (X) when numerous Bitcoin proponents believed the asset will inevitably hit $100,000 after it had surged past $50,000 and $60,000.
However, as everyone who has followed even remotely the industry knows, that didnāt happen. Just the opposite, the landscape changed for the worse in 2022 and early 2023, which resulted in a price dump to under $20,000.
The second half of last year, though, is when the situation started to improve, perhaps driven by some hype around the potential approval of spot Bitcoin ETFs in the US. Although that seemed like a long shot back then, the involvement of BlackRock ā the worldās largest asset manager ā reversed peopleās beliefs.
As such, BTC started to regain traction. Such products were finally approved at the start of 2024, and even though they turned out to beĀ immediate sell-the-news events, their impact on the long term cannot be understated.
With the massive amounts of USD entering many of those financial products, BTCās price has jumped above $50,000 once again, for the first time in over two years.
This has turned the communityās sentiment on its head, as the bulls seem to be in full control. As such, there are alsoĀ numerous predictions flying around, each more impressive than the other.
Robert Kiyosaki, the author of Rich Dad, Poor Dad, also weighed in on the matter. He has been a Bitcoin supporter for years, often praising the asset, alongside gold and silver, over āfakeāĀ fiat currencies, like the dollar.
In his most recent post on BTC, Kiyosaki said the coveted $100,000 price tag will finally fall in the next four months.
#robertkiyosaki #BitcoinPricePredictions #BitcoinPrice2024 #Write2Earn #Priceanalysis
The assetās surge to a six-digit territory will happen sooner than many expected, predicted Kiyosaki.
It has been more than two years since the popular Laser-eye movements took over Crypto Twitter (X) when numerous Bitcoin proponents believed the asset will inevitably hit $100,000 after it had surged past $50,000 and $60,000.
However, as everyone who has followed even remotely the industry knows, that didnāt happen. Just the opposite, the landscape changed for the worse in 2022 and early 2023, which resulted in a price dump to under $20,000.
The second half of last year, though, is when the situation started to improve, perhaps driven by some hype around the potential approval of spot Bitcoin ETFs in the US. Although that seemed like a long shot back then, the involvement of BlackRock ā the worldās largest asset manager ā reversed peopleās beliefs.
As such, BTC started to regain traction. Such products were finally approved at the start of 2024, and even though they turned out to beĀ immediate sell-the-news events, their impact on the long term cannot be understated.
With the massive amounts of USD entering many of those financial products, BTCās price has jumped above $50,000 once again, for the first time in over two years.
This has turned the communityās sentiment on its head, as the bulls seem to be in full control. As such, there are alsoĀ numerous predictions flying around, each more impressive than the other.
Robert Kiyosaki, the author of Rich Dad, Poor Dad, also weighed in on the matter. He has been a Bitcoin supporter for years, often praising the asset, alongside gold and silver, over āfakeāĀ fiat currencies, like the dollar.
In his most recent post on BTC, Kiyosaki said the coveted $100,000 price tag will finally fall in the next four months.
#robertkiyosaki #BitcoinPricePredictions #BitcoinPrice2024 #Write2Earn #Priceanalysis
"Mastering Indicators on Binance:
A Step-by-Step Guide
Binance offers a range of indicators to help you analyze cryptocurrency markets. Follow these steps to access and utilize these tools
#Bitcoin
*Accessing Indicators*
1. Log in to your Binance account via the website or app.
2. Navigate to the "Trade" section and select your preferred trading view (Classic or Advanced).
*Using Indicators*
1. Open the chart for your chosen cryptocurrency pair.
2. Add indicators by clicking the "Indicators" button (desktop) or tapping the chart and selecting the indicators icon (mobile).
3. Browse and select from popular indicators like Moving Averages, RSI, MACD, Bollinger Bands, and more.
za
4. Customize indicator settings as needed (e.g., period, overbought/oversold levels).
5. Analyze market trends and make informed trading decisions using the indicators.
*Refining Your Skills*
1. Explore Binance's educational resources and guides for in-depth tutorials.
2. Practice using indicators with demo or paper trading features (if available).
3. Combine indicators with fundamental analysis and other tools to develop a comprehensive trading strategy.
#By mastering Binance's indicators, you'll enhance your trading strategy and make more informed decisions."
#BitcoinPricePredictions
A Step-by-Step Guide
Binance offers a range of indicators to help you analyze cryptocurrency markets. Follow these steps to access and utilize these tools
#Bitcoin
*Accessing Indicators*
1. Log in to your Binance account via the website or app.
2. Navigate to the "Trade" section and select your preferred trading view (Classic or Advanced).
*Using Indicators*
1. Open the chart for your chosen cryptocurrency pair.
2. Add indicators by clicking the "Indicators" button (desktop) or tapping the chart and selecting the indicators icon (mobile).
3. Browse and select from popular indicators like Moving Averages, RSI, MACD, Bollinger Bands, and more.
za
4. Customize indicator settings as needed (e.g., period, overbought/oversold levels).
5. Analyze market trends and make informed trading decisions using the indicators.
*Refining Your Skills*
1. Explore Binance's educational resources and guides for in-depth tutorials.
2. Practice using indicators with demo or paper trading features (if available).
3. Combine indicators with fundamental analysis and other tools to develop a comprehensive trading strategy.
#By mastering Binance's indicators, you'll enhance your trading strategy and make more informed decisions."
#BitcoinPricePredictions
š Bitcoin (BTC) Creates History with a Groundbreaking Bullish Pattern! š
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! š This bullish pattern, identified when the short-term moving average surpasses the long-term moving average, is a significant indicator of potential positive momentum.
š Breaking News: Bitcoin Forms Golden Cross! šØ
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. šāØ
š 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.
š” 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.
š Looking Ahead: Anticipation of a Market Catalyst
As the market navigates these fluctuations, all eyes are on a potential game-changer for Bitcoin bullsāthe 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.
š Stay Informed, Ride the Wave! Follow The Blockopedia for Real-time Crypto Updates! šš°
#BitcoinPrice2024 #BitcoinBullRally2024 #BitcoinPricePredictions #cryptocurrency #crypto2024
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! š This bullish pattern, identified when the short-term moving average surpasses the long-term moving average, is a significant indicator of potential positive momentum.
š Breaking News: Bitcoin Forms Golden Cross! šØ
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. šāØ
š 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.
š” 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.
š Looking Ahead: Anticipation of a Market Catalyst
As the market navigates these fluctuations, all eyes are on a potential game-changer for Bitcoin bullsāthe 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.
š Stay Informed, Ride the Wave! Follow The Blockopedia for Real-time Crypto Updates! šš°
#BitcoinPrice2024 #BitcoinBullRally2024 #BitcoinPricePredictions #cryptocurrency #crypto2024
ā”ļø Bernstein analysts predict $BTC could reach $200K by the end of 2025, calling the estimate āconservative.ā
With U.S. debt at $35T and inflation concerns, they highlight Bitcoin's limited supply as a key advantage.
For indirect exposure, they suggest MicroStrategy, Robinhood, Riot Platforms, and CleanSpark.
#Bitcoin #BitcoinPricePredictions #BitcoinForecast #MicroStrategŃ #TrendingTopic
With U.S. debt at $35T and inflation concerns, they highlight Bitcoin's limited supply as a key advantage.
For indirect exposure, they suggest MicroStrategy, Robinhood, Riot Platforms, and CleanSpark.
#Bitcoin #BitcoinPricePredictions #BitcoinForecast #MicroStrategŃ #TrendingTopic
š Bitcoin Bulls Eyeing $100,000: The ETF Catalyst Unveiled! šš°
Are we on the brink of witnessing Bitcoin's historic climb to $100,000 in just a week? The imminent approval of the Bitcoin Spot ETF might just be the catalyst needed to propel Bitcoin prices to unprecedented heights. Let's delve into the details of this potential game-changer!
1. ETF Approval: A Game-Changer for Bitcoin Prices!
The approval of the Bitcoin Spot ETF is looming on the horizon, and experts believe it could trigger a significant surge in Bitcoin prices. If the regulatory green light is given, Bitcoin might soar to new all-time highs, with speculations reaching the $100,000 mark. šš”
2. Recent Bitcoin Price Movements: Roller Coaster Ride Unfolds!
In recent days, the Bitcoin price embarked on a roller coaster ride, initially surging past $45,000 in the new year. However, a sudden 10% drop, attributed to a Matrixport report hinting at potential ETF disapproval by the SEC, caused a temporary setback. The resilient Bitcoin market quickly bounced back, reclaiming the $43,800 threshold within the past 48 hours.
3. The Verdict: Can Bitcoin Reach $100,000?
The million-dollar question lingers: Can Bitcoin reach the coveted $100,000 mark? With the potential approval of the Bitcoin Spot ETF, analysts are optimistic about Bitcoin's trajectory, anticipating a surge that could redefine the cryptocurrency landscape.
š Insider Tip: Stay Informed and Seize Opportunities!
šØ Get Ready for the Big Move: Stay Tuned for Updates! šš„
#BitcoinPrice2024 #BitcoinBullRally2024 #BitcoinPricePredictions #cryptocurency #crypto2024
Are we on the brink of witnessing Bitcoin's historic climb to $100,000 in just a week? The imminent approval of the Bitcoin Spot ETF might just be the catalyst needed to propel Bitcoin prices to unprecedented heights. Let's delve into the details of this potential game-changer!
1. ETF Approval: A Game-Changer for Bitcoin Prices!
The approval of the Bitcoin Spot ETF is looming on the horizon, and experts believe it could trigger a significant surge in Bitcoin prices. If the regulatory green light is given, Bitcoin might soar to new all-time highs, with speculations reaching the $100,000 mark. šš”
2. Recent Bitcoin Price Movements: Roller Coaster Ride Unfolds!
In recent days, the Bitcoin price embarked on a roller coaster ride, initially surging past $45,000 in the new year. However, a sudden 10% drop, attributed to a Matrixport report hinting at potential ETF disapproval by the SEC, caused a temporary setback. The resilient Bitcoin market quickly bounced back, reclaiming the $43,800 threshold within the past 48 hours.
3. The Verdict: Can Bitcoin Reach $100,000?
The million-dollar question lingers: Can Bitcoin reach the coveted $100,000 mark? With the potential approval of the Bitcoin Spot ETF, analysts are optimistic about Bitcoin's trajectory, anticipating a surge that could redefine the cryptocurrency landscape.
š Insider Tip: Stay Informed and Seize Opportunities!
šØ Get Ready for the Big Move: Stay Tuned for Updates! šš„
#BitcoinPrice2024 #BitcoinBullRally2024 #BitcoinPricePredictions #cryptocurency #crypto2024
Weekly Bitcoin ETF inflows resume with $2.73b, analysts eye $200k BTC in 2025
Bitcoin exchange-traded funds saw a positive shift this week, attracting $2.73 billion in inflows, with analysts expecting even greater momentum as Bitcoin has managed to surpass $100k.
The 12 Bitcoin ETFs recorded positive inflows throughout the week, driven by optimism about a more crypto-friendly regulatory environment under President-elect Donald Trump, who recently appointed pro-crypto former federal regulator Paul Atkins as SEC chair, succeeding the anti-crypto Gary Gensler.
The highest inflows of the week, totaling $766 million, were recorded on Dec. 5, alongside a 50% surge in daily ETF trading volume, as Bitcoin soared past the elusive $100K mark to a new all-time high of $103,679āa milestone widely celebrated by the crypto community.
However, inflows into spot BTC ETF offerings dipped to $376.59 million on Friday, Dec. 6, as Bitcoin, the flagship crypto asset, dropped below $97,000, with the market experiencing liquidations exceeding half a billion dollars in a single day.
ETF inflows
Weekly inflows reached $2.73 billion, marking the second-best week for these investment vehicles, trailing only the record-setting week of Nov. 18-22, which saw an all-time high of $3.38 billion.
BlackRockās IBIT, dominating inflows for the sixth consecutive day, led the lot with $257.03 million on Friday, Dec. 6, while only four out of the twelve funds managed to attract capital per data from SoSoValue.
Inflows into the remaining ETFs are as follows:
Fidelityās FBTC: $120.17 million.
ARK and 21Sharesā ARKB: $24.9 million.
Grayscale Bitcoin Mini Trust: $6.75 million.
Grayscaleās GBTC was the sole outlier of the day, recording outflows of $32.3 million and extending its streak to four out of five days of the week, with a total of $303.5 million exiting the fund. The remaining seven BTC ETFs saw zero flows.
#BitcoinPricePredictions #btc200k #cryptocurrency #AltcoinSeason #CryptoNews
Bitcoin exchange-traded funds saw a positive shift this week, attracting $2.73 billion in inflows, with analysts expecting even greater momentum as Bitcoin has managed to surpass $100k.
The 12 Bitcoin ETFs recorded positive inflows throughout the week, driven by optimism about a more crypto-friendly regulatory environment under President-elect Donald Trump, who recently appointed pro-crypto former federal regulator Paul Atkins as SEC chair, succeeding the anti-crypto Gary Gensler.
The highest inflows of the week, totaling $766 million, were recorded on Dec. 5, alongside a 50% surge in daily ETF trading volume, as Bitcoin soared past the elusive $100K mark to a new all-time high of $103,679āa milestone widely celebrated by the crypto community.
However, inflows into spot BTC ETF offerings dipped to $376.59 million on Friday, Dec. 6, as Bitcoin, the flagship crypto asset, dropped below $97,000, with the market experiencing liquidations exceeding half a billion dollars in a single day.
ETF inflows
Weekly inflows reached $2.73 billion, marking the second-best week for these investment vehicles, trailing only the record-setting week of Nov. 18-22, which saw an all-time high of $3.38 billion.
BlackRockās IBIT, dominating inflows for the sixth consecutive day, led the lot with $257.03 million on Friday, Dec. 6, while only four out of the twelve funds managed to attract capital per data from SoSoValue.
Inflows into the remaining ETFs are as follows:
Fidelityās FBTC: $120.17 million.
ARK and 21Sharesā ARKB: $24.9 million.
Grayscale Bitcoin Mini Trust: $6.75 million.
Grayscaleās GBTC was the sole outlier of the day, recording outflows of $32.3 million and extending its streak to four out of five days of the week, with a total of $303.5 million exiting the fund. The remaining seven BTC ETFs saw zero flows.
#BitcoinPricePredictions #btc200k #cryptocurrency #AltcoinSeason #CryptoNews
š Bitcoin (BTC) Price Could Top $150,000, Yusko Predicts šš„
š Hedge fund manager Mark Yusko predicts Bitcoin (BTC) could hit $150,000 in 2024, citing it as superior to gold š°.
He's bullish, foreseeing a potential surge to $700,000 by the end of the decade š.
Yusko's optimism is fueled by the upcoming halving event, historically driving post-event price peaks š .
He's long been a Bitcoin bull, previously forecasting $400,000 in 2019 and equating its value to gold in 2021 at $250,000 šŖ.
Despite surpassing silver in market cap, BTC still trails major companies like Alphabet and Apple.
#BTCš„š„š„š„ #BitcoinTrends" #BitcoinPricePredictions #Priceanalysis
š Hedge fund manager Mark Yusko predicts Bitcoin (BTC) could hit $150,000 in 2024, citing it as superior to gold š°.
He's bullish, foreseeing a potential surge to $700,000 by the end of the decade š.
Yusko's optimism is fueled by the upcoming halving event, historically driving post-event price peaks š .
He's long been a Bitcoin bull, previously forecasting $400,000 in 2019 and equating its value to gold in 2021 at $250,000 šŖ.
Despite surpassing silver in market cap, BTC still trails major companies like Alphabet and Apple.
#BTCš„š„š„š„ #BitcoinTrends" #BitcoinPricePredictions #Priceanalysis
The hypothesis is now circulating insistently that before the April halving, the price of Bitcoin could reach new all-time highs.Ā
The current all-time high is still around $69,000 in November 2021, and in fact this is the amount that is taken as a reference by this hypothesis.Ā
Actually, there are a couple of other figures that could also be taken as a reference, but they would be lower than the historical maximum.Ā
The highest price of Bitcoin in the year of the halving
#BTC #Bitcoinā¬ #BitcoinPricePredictions
#TrendingTopic
#Portal
The current all-time high is still around $69,000 in November 2021, and in fact this is the amount that is taken as a reference by this hypothesis.Ā
Actually, there are a couple of other figures that could also be taken as a reference, but they would be lower than the historical maximum.Ā
The highest price of Bitcoin in the year of the halving
#BTC #Bitcoinā¬ #BitcoinPricePredictions
#TrendingTopic
#Portal
š Will $BTC Surpass $55,000 Next Week? Bitcoin Price Forecast šš¹
As Bitcoin's price continues its dance within a channel pattern, the crypto community is on the edge of their seats, awaiting the approval of spot Bitcoin ETFs. In the past five weeks, the market has witnessed notable swings, and the current consolidation projects a potential shallow recovery. Join me as we unravel the possibilities for Bitcoin's near-term future.
1. Channel Pattern Analysis: Decoding the Signals š
The Bitcoin price, currently trading at $44,333, has been in a consolidation phase, meandering below $45,000. The uncertainty surrounding spot Bitcoin ETF approval has contributed to this sideways movement. The daily chart unveils a channel pattern with two parallel trendlines, acting as dynamic resistance and support.
š Key Observations:
The Critical Breakout Moment: Upcoming Rally or Correction? šØ
As the U.S. Securities and Exchange Commission (SEC) shows signs of progressing towards approving the first U.S. spot Bitcoin ETFs, the market anticipates a breakout. A bullish breakout from the upper trendline could intensify buying momentum, potentially pushing the price to $52,100 and beyond, with $60,000 in sight.
š Potential Scenarios:
Bullish Breakout: BTC price surges post-approval, targeting $52,100 and $60,000.Bearish Breakdown: A drop below the lower trendline signals a new correction phase.
Long-Term Insights: 'HODLing' Strengthens Bitcoin's Foundation šŖš
Recent data from IntoTheBlock reveals that over 30% of Bitcoin's total supply hasn't moved in more than five years. This 'HODLing' trend underscores the strong conviction of investors in Bitcoin's long-term value. Despite market fluctuations, a significant portion of Bitcoin holders remains steadfast in their belief in the cryptocurrency's future potential.
š Stay Informed, Stay Ahead: Navigate the Crypto Waves with Blockopedia! š”š
#BitcoinPrice2024 #BitcoinPricePredictions #BitcoinBullRally2024 #cryptocurrency #crypto2024
As Bitcoin's price continues its dance within a channel pattern, the crypto community is on the edge of their seats, awaiting the approval of spot Bitcoin ETFs. In the past five weeks, the market has witnessed notable swings, and the current consolidation projects a potential shallow recovery. Join me as we unravel the possibilities for Bitcoin's near-term future.
1. Channel Pattern Analysis: Decoding the Signals š
The Bitcoin price, currently trading at $44,333, has been in a consolidation phase, meandering below $45,000. The uncertainty surrounding spot Bitcoin ETF approval has contributed to this sideways movement. The daily chart unveils a channel pattern with two parallel trendlines, acting as dynamic resistance and support.
š Key Observations:
The Critical Breakout Moment: Upcoming Rally or Correction? šØ
As the U.S. Securities and Exchange Commission (SEC) shows signs of progressing towards approving the first U.S. spot Bitcoin ETFs, the market anticipates a breakout. A bullish breakout from the upper trendline could intensify buying momentum, potentially pushing the price to $52,100 and beyond, with $60,000 in sight.
š Potential Scenarios:
Bullish Breakout: BTC price surges post-approval, targeting $52,100 and $60,000.Bearish Breakdown: A drop below the lower trendline signals a new correction phase.
Long-Term Insights: 'HODLing' Strengthens Bitcoin's Foundation šŖš
Recent data from IntoTheBlock reveals that over 30% of Bitcoin's total supply hasn't moved in more than five years. This 'HODLing' trend underscores the strong conviction of investors in Bitcoin's long-term value. Despite market fluctuations, a significant portion of Bitcoin holders remains steadfast in their belief in the cryptocurrency's future potential.
š Stay Informed, Stay Ahead: Navigate the Crypto Waves with Blockopedia! š”š
#BitcoinPrice2024 #BitcoinPricePredictions #BitcoinBullRally2024 #cryptocurrency #crypto2024
š Bitcoin Eyes $50,000: Spot BTC ETFs in the Final Stretch! šš¹
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. šš 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.
š£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.
š Stay Informed, Stay Ready: The Crypto Revolution Unfolds! šš”
#BitcoinPricePredictions #cryptocurency #crypto2024
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. šš 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.
š£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.
š Stay Informed, Stay Ready: The Crypto Revolution Unfolds! šš”
#BitcoinPricePredictions #cryptocurency #crypto2024
where you think $BTC price will be at end of the week? šš
#BTC #Satoshi #BitcoinPrice2024 #BitcoinPricePredictions
#BTC #Satoshi #BitcoinPrice2024 #BitcoinPricePredictions
45k
24%
50k
36%
55k
16%
60k
24%
90 votes ā¢ Voting closed
Bitcoin (BTC) Cycle Analysis: š Peak at $155,000 by August 2025
š This week, Bitcoin reached its all-time high (ATH) of $69,000, marking a return to the peak of the previous cycle after 847 days. The cryptocurrency is poised to enter price discovery territory once again.
š Historical cycle data offers insights into Bitcoin's trajectory. Long-term analysis suggests that the upcoming halving event could set the stage for a new bull market, potentially driving BTC's price to the $155,000 - $175,000 range by April to August 2025.
š By examining past cycles, we can gauge the lows and peaks of Bitcoin's price. Each cycle has seen significant growth, with peaks and subsequent corrections. These patterns inform our understanding of Bitcoin's current cycle and its potential peak.
š Measuring the time between successive all-time highs allows us to estimate when extreme euphoria in the market may occur. Historical data suggests that the peak of the current cycle could fall between the end of April and the beginning of August 2025.
#Bitcoinā¬ #BitcoinPricePredictions #Priceanalysis
š This week, Bitcoin reached its all-time high (ATH) of $69,000, marking a return to the peak of the previous cycle after 847 days. The cryptocurrency is poised to enter price discovery territory once again.
š Historical cycle data offers insights into Bitcoin's trajectory. Long-term analysis suggests that the upcoming halving event could set the stage for a new bull market, potentially driving BTC's price to the $155,000 - $175,000 range by April to August 2025.
š By examining past cycles, we can gauge the lows and peaks of Bitcoin's price. Each cycle has seen significant growth, with peaks and subsequent corrections. These patterns inform our understanding of Bitcoin's current cycle and its potential peak.
š Measuring the time between successive all-time highs allows us to estimate when extreme euphoria in the market may occur. Historical data suggests that the peak of the current cycle could fall between the end of April and the beginning of August 2025.
#Bitcoinā¬ #BitcoinPricePredictions #Priceanalysis
Get ready for a potential Bitcoin bombshell: analysts predict a massive move is imminent after 6 months of range-bound trading!
Bitcoin's range-bound stalemate over the past six months has analysts warning of an imminent big move. According to on-chain analyst James Check, the swings are getting larger and more sustained, but the price range is becoming increasingly unstable. Historically, September has been a bearish month for Bitcoin, with more frequent small downsides. However, some analysts suggest that a big move may come this September due to the Federal Reserve interest rate adjustment. Notably, leverage in crypto derivatives is declining, a positive sign for the market. As Bitcoin finished August with a loss of 8.6%, all eyes are on the asset's next move. Will it break out of its range-bound cycle or continue to consolidate? Only time will tell.
#BitcoinBigMove
#CryptoMarketWatch
#BitcoinPricePredictions
#FedRateImpact
#CryptoVolatilityAlert
Bitcoin's range-bound stalemate over the past six months has analysts warning of an imminent big move. According to on-chain analyst James Check, the swings are getting larger and more sustained, but the price range is becoming increasingly unstable. Historically, September has been a bearish month for Bitcoin, with more frequent small downsides. However, some analysts suggest that a big move may come this September due to the Federal Reserve interest rate adjustment. Notably, leverage in crypto derivatives is declining, a positive sign for the market. As Bitcoin finished August with a loss of 8.6%, all eyes are on the asset's next move. Will it break out of its range-bound cycle or continue to consolidate? Only time will tell.
#BitcoinBigMove
#CryptoMarketWatch
#BitcoinPricePredictions
#FedRateImpact
#CryptoVolatilityAlert
ChatGPT explains how AI can help Bitcoin reach $100K in 2024
The chatbot said AI could play a role in pushing Bitcoinās price up through its influence on market analysis, trading strategies and blockchain tech developmentArtificial intelligence (AI) can play a role in a scenario where Bitcoinās $BTC price reaches $100,000 in 2024, according to GPT-4, the latest version of AI chatbot ChatGPT. On Jan. 1, Cointelegraph asked the AI chatbot if Bitcoinās price could hit $100,000 this year and how AI might play a role in reaching this result. ChatGPT says itās ātheoretically possibleā for Bitcoin to reach $100,000 in 2024 if a series of favorable conditions align. However, it also noted that this āremains highly speculative.ā Following this, ChatGPT also provided some general factors that could contribute to such a scenario, including positive regulatory developments, increased retail and institutional adoption, and currency devaluation or inflation. ChatGPT also said that the approval of a spot Bitcoin exchange-traded fund (ETF) could positively impact the price, as it would provide greater accessibility and liquidity to the asset. It also may encourage institutional investors to enter the market, as the approval could be seen as a sign of regulatory acceptance.Cointelegraph then asked ChatGPT how AI could contribute to Bitcoin reaching $100,000 in 2024. The chatbot explained that AI could play a role through its influence on market analysis, trading strategies, and broader technological advancements in blockchain. ChatGPT explained that AI algorithms can process large amounts of market data and identify trends and patterns that human analysts could miss. It said that AI-driven trading bots could also execute trades at optimal times depending on market conditions, also noting that the bots can react much faster than humans in a fast-paced market environment. While there are benefits to using AI in trading, it also comes with significant risks ā such as hacking and cyberattacks ā according to ChatGPT. In 2022, a trading bot gained $1 million through an arbitrage trading opportunity, but a hacker then tricked the bot into authorizing a malicious transaction, draining all the funds.#BTC #PriceMovements #predictions #BitcoinPricePredictions #BitcoinETFapproved
š Bitcoinās Price Climbs as It Enters a Consolidation Phase š
š In February, Bitcoin (BTC) surged from $42,279 to $46,000, marking a 51% increase, but faced resistance at $64,000, leading to a consolidation phase. š Indicators now suggest a potential bullish continuation pattern, resembling a Pennant, amidst sideways movement and a symmetrical pattern development.
š March's historical performance for Bitcoin has been mixed, ranging from +172% to -32.85%, with an average return of +12.20%. Currently trading at $62,802, BTC is testing the upper boundary of the flag chart pattern. Analysts foresee possible targets at $66,655 and $75,000 if the bullish trend persists. š
#bitcoin #BitcoinPricePredictions #Priceanalysis
š In February, Bitcoin (BTC) surged from $42,279 to $46,000, marking a 51% increase, but faced resistance at $64,000, leading to a consolidation phase. š Indicators now suggest a potential bullish continuation pattern, resembling a Pennant, amidst sideways movement and a symmetrical pattern development.
š March's historical performance for Bitcoin has been mixed, ranging from +172% to -32.85%, with an average return of +12.20%. Currently trading at $62,802, BTC is testing the upper boundary of the flag chart pattern. Analysts foresee possible targets at $66,655 and $75,000 if the bullish trend persists. š
#bitcoin #BitcoinPricePredictions #Priceanalysis