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🟡 Bitcoin price wobbles ahead of Fed’s rate decision
Bitcoin (BTC) dipped as low as $59,500 on Binance ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve (Fed), with expectations set for unchanged interest rates.
The CME FedWatch Tool indicates a mere 4.4% of economists predict a rate cut—the first in over a decade—while a dominant 95.6% anticipate rates to hold steady between 525-550 basis points.
According to The Kobeissi Letter, current market data indicates a 36% probability that there will be no interest rate cuts this year. Four months ago, the likelihood of maintaining current rates was only about 3%.
Expectations have also shifted to just one reduction this year. Previously, the market anticipated six rate cuts. Additionally, the probability of experiencing two or more rate cuts has diminished to 31%.
🔺 Stagflation risk
Amidst this financial climate, the US grapples with stagflation risks as inflation persists and economic growth slows.
The first quarter of 2024 saw GDP growth decelerate to 1.6%, falling short of the 2.2% forecast and down from the previous quarter’s 3.4%. Concurrently, the US Core PCE inflation index climbed from 2.0% to 3.7%.
Fed Chair Jerome Powell stated that recent data does not make the Fed more confident, suggesting a longer timeline to regain economic stability. He expressed belief in the adequacy of current policies to navigate the risks at hand, hinting at sustained high-interest rates without increases.
Bitcoin’s trajectory mirrored these economic uncertainties, dropping below $62,000 earlier in the week due to renewed stagflation worries.
A brief rally above $64,000 occurred with the launch of spot Bitcoin and Ethereum ETFs in Hong Kong yesterday, but the momentum was short-lived as investor caution set in ahead of the Fed’s key decision.
$BTC #BTC #Bitcoin
Bitcoin (BTC) dipped as low as $59,500 on Binance ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve (Fed), with expectations set for unchanged interest rates.
The CME FedWatch Tool indicates a mere 4.4% of economists predict a rate cut—the first in over a decade—while a dominant 95.6% anticipate rates to hold steady between 525-550 basis points.
According to The Kobeissi Letter, current market data indicates a 36% probability that there will be no interest rate cuts this year. Four months ago, the likelihood of maintaining current rates was only about 3%.
Expectations have also shifted to just one reduction this year. Previously, the market anticipated six rate cuts. Additionally, the probability of experiencing two or more rate cuts has diminished to 31%.
🔺 Stagflation risk
Amidst this financial climate, the US grapples with stagflation risks as inflation persists and economic growth slows.
The first quarter of 2024 saw GDP growth decelerate to 1.6%, falling short of the 2.2% forecast and down from the previous quarter’s 3.4%. Concurrently, the US Core PCE inflation index climbed from 2.0% to 3.7%.
Fed Chair Jerome Powell stated that recent data does not make the Fed more confident, suggesting a longer timeline to regain economic stability. He expressed belief in the adequacy of current policies to navigate the risks at hand, hinting at sustained high-interest rates without increases.
Bitcoin’s trajectory mirrored these economic uncertainties, dropping below $62,000 earlier in the week due to renewed stagflation worries.
A brief rally above $64,000 occurred with the launch of spot Bitcoin and Ethereum ETFs in Hong Kong yesterday, but the momentum was short-lived as investor caution set in ahead of the Fed’s key decision.
$BTC #BTC #Bitcoin
📊BTC /USDT (30) UPDATE
BTCUSD BUY ANALYSIS (READ CAPTION)
$BTC
hello traders! What do you think about this channel.
Current price: 98600
Market has created left shoulder, head and right shoulder after breaking out 98000. Now market can temporarily retest then it's next target will be 103000.
Supporting area: 98000, 97200
Target: 100000, 103000.
Please don't forget like comment thank you for support
#btc #BTC500k #MarketPullback #BTCNextMove
$BTC
hello traders! What do you think about this channel.
Current price: 98600
Market has created left shoulder, head and right shoulder after breaking out 98000. Now market can temporarily retest then it's next target will be 103000.
Supporting area: 98000, 97200
Target: 100000, 103000.
Please don't forget like comment thank you for support
#btc #BTC500k #MarketPullback #BTCNextMove
Cleo Tangabekyan egVY:
Losing 30' candle analysis will result in losing both the head and the tail, what a stupid tip.
HOW DID WE PREDICT EXACT DAY OF BTC TOP ( 16 DECEMBER 2024)🚨🚨🚨
1) We discovered a Pattern that has been repeating for two cycles ,where elites wait for exact number of days to create cCrash!!!📉📉📉
Called code 241💥
🧙🧙🧙
It is a Programmed Event that always drops btc 31% exact and drops it for Exact 24 days in both cycles.
INCREDIBLE FIND🪄🪄🪄
(TO GET THAT INFO YOU CAN ENTER OUR PATREON OR TELEGRAM GROUP)
2) We found that exactly on that date is Mercury Retrograde End, and in both previous times exactly on that end markets reverse❗❗❗
3) And then on top of that we found that on exact day is the Full Moon🌕 which was top this year 4 times👌👌👌
4) And finally Fed meeting exactly then
WE WILL SHARE NEXT WEEK OUR NEW DISCOVERY WHERE WE CAN FIND EXACT BOTTOM AND TOP OF THIS CYCLE❗❗❗
BOTTOM OF BTC COULD BE 5 JANUARY 2025 AND THEN ALT SEASON💥💥💥
#btc #bitcoin #altcoins #CorePCESignalsShift #BTCNextMove $BTC
1) We discovered a Pattern that has been repeating for two cycles ,where elites wait for exact number of days to create cCrash!!!📉📉📉
Called code 241💥
🧙🧙🧙
It is a Programmed Event that always drops btc 31% exact and drops it for Exact 24 days in both cycles.
INCREDIBLE FIND🪄🪄🪄
(TO GET THAT INFO YOU CAN ENTER OUR PATREON OR TELEGRAM GROUP)
2) We found that exactly on that date is Mercury Retrograde End, and in both previous times exactly on that end markets reverse❗❗❗
3) And then on top of that we found that on exact day is the Full Moon🌕 which was top this year 4 times👌👌👌
4) And finally Fed meeting exactly then
WE WILL SHARE NEXT WEEK OUR NEW DISCOVERY WHERE WE CAN FIND EXACT BOTTOM AND TOP OF THIS CYCLE❗❗❗
BOTTOM OF BTC COULD BE 5 JANUARY 2025 AND THEN ALT SEASON💥💥💥
#btc #bitcoin #altcoins #CorePCESignalsShift #BTCNextMove $BTC
Square-Creator-c46fa4c925a701c2aca6:
lol
Bitcoin (BTC): Possible Further Liquidity Hunting To Happen
$BTC
During the weekends we might see a quick liquidity hunt toward the upper zones, where upon the start of next week we might be falling back to current zones.
Remember, weekends are not the best times to trade, so stay safe!! (We do not trade during the weekends.)
Disclaimer:
The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.
#btc #BTCNextMove
During the weekends we might see a quick liquidity hunt toward the upper zones, where upon the start of next week we might be falling back to current zones.
Remember, weekends are not the best times to trade, so stay safe!! (We do not trade during the weekends.)
Disclaimer:
The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.
#btc #BTCNextMove
Bitcoin Price Analysis and Predictions
Bitcoin is currently trading around $98,108 after a significant rise, followed by an 11% correction from its all-time high of over $108,000. The market shows strong volatility, with recent movements influenced by macroeconomic factors like Federal Reserve policies.
Trend Analysis:
1. Short-Term:
Bitcoin is consolidating after a steep rally, suggesting a possible sideways trend.
Resistance levels around $100,000 may act as a barrier for further gains.
2. Medium-Term:
If Bitcoin sustains above $95,000, it could resume its uptrend and test higher levels ($105,000-$110,000).
A break below $95,000 might trigger a deeper correction to $90,000 or lower.
3. Long-Term:
With a yearly growth of over 100%, Bitcoin remains in a long-term bullish trend, supported by growing adoption and increasing scarcity.
Predictions:
Bullish Scenario: Positive market sentiment and institutional interest could drive Bitcoin past $110,000 in the coming weeks.
Bearish Scenario: Economic uncertainty or negative regulatory news could lead to a pullback, with strong support around $85,000-$90,000.
Investors should monitor key resistance and support levels, along with macroeconomic developments, to anticipate Bitcoin's next move.
please like the post and share for further awareness . nd please don't loss your money becareful in moments like these
#btc $BTC
Bitcoin is currently trading around $98,108 after a significant rise, followed by an 11% correction from its all-time high of over $108,000. The market shows strong volatility, with recent movements influenced by macroeconomic factors like Federal Reserve policies.
Trend Analysis:
1. Short-Term:
Bitcoin is consolidating after a steep rally, suggesting a possible sideways trend.
Resistance levels around $100,000 may act as a barrier for further gains.
2. Medium-Term:
If Bitcoin sustains above $95,000, it could resume its uptrend and test higher levels ($105,000-$110,000).
A break below $95,000 might trigger a deeper correction to $90,000 or lower.
3. Long-Term:
With a yearly growth of over 100%, Bitcoin remains in a long-term bullish trend, supported by growing adoption and increasing scarcity.
Predictions:
Bullish Scenario: Positive market sentiment and institutional interest could drive Bitcoin past $110,000 in the coming weeks.
Bearish Scenario: Economic uncertainty or negative regulatory news could lead to a pullback, with strong support around $85,000-$90,000.
Investors should monitor key resistance and support levels, along with macroeconomic developments, to anticipate Bitcoin's next move.
please like the post and share for further awareness . nd please don't loss your money becareful in moments like these
#btc $BTC
aldu67:
stop with your sl doing dca! in the long term full stop
#btc On a 4-hour frame, if the resistance of 97300 is not breached, a historic decline will occur for Bitcoin that may reach less than 33000 with the breaking of all support sites. However, if the resistance is breached, we expect it to reach a price of 120000, and God knows I have something I can't understand at all, honestly, and I need 9 minutes to explain it to me
Why do I see the $BTC chart exactly like the $PEPE chart
And what effect does the market have on both?
Can someone who understands explain it to us?
Why do I see the $BTC chart exactly like the $PEPE chart
And what effect does the market have on both?
Can someone who understands explain it to us?
Amishfahim001:
So its not going down 😂
🟢For spot trading BTC/USDT, consider buying above 97,300 USDT with targets at 98,500 USDT, 99,500 USDT, and 101,000 USDT, and set a stop loss at 96,500 USDT. 🔴If the price drops below 96,500 USDT, avoid buying and wait for a potential drop to 95,500 USDT, *94,000 USDT, or 92,500 USDT for re-entry. Always confirm strong volume before making a move.
THIS IS NOT A FINANCIAL ADVICE. Trade at your own risk.#BTCNextMove #bitcoin #btc $BTC
based on the analysis of the given image ⬇️
THIS IS NOT A FINANCIAL ADVICE. Trade at your own risk.#BTCNextMove #bitcoin #btc $BTC
based on the analysis of the given image ⬇️
bitcoin marked last hours
#btc #BTCNextMove #ton #market #binance
Bitcoin (BTC) Market Update: A Promising Recovery After Recent Volatility
The Bitcoin/USDT trading pair is showing promising recovery signs, with the price currently at $98,570.64, reflecting a 2.03% increase$BTC
over the last 24 hours. This comes after a period of significant fluctuations, as seen in the chart.
Key Highlights:
1. 24-Hour Performance:
- High: $99,540.61
- Low: $92,232.54
- Trading volume remains robust, with 54,957.42 BTC exchanged in the last day.
2. Technical Indicators:
- Moving Averages:
- 7-day MA: $101,528.33 (indicating potential resistance above the current price).
- 25-day MA: $99,160.29.
- 99-day MA: $78,711.36 (long-term support remains strong).
- The price dipped recently but is now rebounding above critical support levels.
3. Long-Term Trends:
- Over the *last 90 days*, BTC has gained an impressive *55.79%*, while the 1-year performance shows a staggering 126.90% growth, making it one of the most rewarding assets of 2024.
4. Market Sentiment:
- The green candlestick and increased trading volume indicate a bullish sentiment among traders. Investors appear optimistic about BTC's resilience amid global economic and regulatory developments.
Outlook:
If BTC maintains its momentum and surpasses the $100,000 resistance level, it could spark further bullish activity. However, traders are advised to monitor market trends closely, as Bitcoin's historical volatility can bring unexpected moves.
#btc #BTCNextMove #ton #market #binance
Bitcoin (BTC) Market Update: A Promising Recovery After Recent Volatility
The Bitcoin/USDT trading pair is showing promising recovery signs, with the price currently at $98,570.64, reflecting a 2.03% increase$BTC
over the last 24 hours. This comes after a period of significant fluctuations, as seen in the chart.
Key Highlights:
1. 24-Hour Performance:
- High: $99,540.61
- Low: $92,232.54
- Trading volume remains robust, with 54,957.42 BTC exchanged in the last day.
2. Technical Indicators:
- Moving Averages:
- 7-day MA: $101,528.33 (indicating potential resistance above the current price).
- 25-day MA: $99,160.29.
- 99-day MA: $78,711.36 (long-term support remains strong).
- The price dipped recently but is now rebounding above critical support levels.
3. Long-Term Trends:
- Over the *last 90 days*, BTC has gained an impressive *55.79%*, while the 1-year performance shows a staggering 126.90% growth, making it one of the most rewarding assets of 2024.
4. Market Sentiment:
- The green candlestick and increased trading volume indicate a bullish sentiment among traders. Investors appear optimistic about BTC's resilience amid global economic and regulatory developments.
Outlook:
If BTC maintains its momentum and surpasses the $100,000 resistance level, it could spark further bullish activity. However, traders are advised to monitor market trends closely, as Bitcoin's historical volatility can bring unexpected moves.
See original
First, Bitcoin fell by 77% during the last bear market.
Let's assume that the same will happen in the future, then the bottom will be 25,000 dollars per Bitcoin. Quite far from 17.
Second, Bitcoin will survive the possible collapse of MicroStrategy.
Third, if it crashes to 17 thousand, I will buy everything I can.#btc
Let's assume that the same will happen in the future, then the bottom will be 25,000 dollars per Bitcoin. Quite far from 17.
Second, Bitcoin will survive the possible collapse of MicroStrategy.
Third, if it crashes to 17 thousand, I will buy everything I can.#btc
#Bitcoin 💰 (4H)
As predicted✅, just look at the breakdown Dump in Bitcoin📉.
I Hope everyone is safe ❗️ & don't get trapped by market.
IMO, we're still not safe until Bitcoin gets into the ascending channel 📈 again, so it's better to wait ❗️ for the weekly close for major confirmation.
Chill & enjoy weekends🥂, don't get trapped & Just Hold 💰 #btc #bitcoin #ETH #Binance $BTC
As predicted✅, just look at the breakdown Dump in Bitcoin📉.
I Hope everyone is safe ❗️ & don't get trapped by market.
IMO, we're still not safe until Bitcoin gets into the ascending channel 📈 again, so it's better to wait ❗️ for the weekly close for major confirmation.
Chill & enjoy weekends🥂, don't get trapped & Just Hold 💰 #btc #bitcoin #ETH #Binance $BTC
#Bitcoin 💰 (4H)
Bitcoin looks a Bit scary 😳 in the 4H chart, as you can see we had a Breakdown 📉 from the ascending channel pattern in the 4H timeframe.
It's a downtrend, currently the same is retracing 📈 to the channel after the breakdown.
Anticipating a Major dump 🐻 soon in case of successfull retracement✅.
#BTC #Binance #ETH $BTC
Bitcoin looks a Bit scary 😳 in the 4H chart, as you can see we had a Breakdown 📉 from the ascending channel pattern in the 4H timeframe.
It's a downtrend, currently the same is retracing 📈 to the channel after the breakdown.
Anticipating a Major dump 🐻 soon in case of successfull retracement✅.
#BTC #Binance #ETH $BTC
Is the dip over or more to come? In daily chart their is buy side liquidation in $BTC at 90000 so 🙂 #MarketPullback #btc
subbu1003:
true
Bitcoin Bad & Good News$
Bad News
Ordi Bad day major fall in few days due to wall street down by 10% and The crypto momentum we've seen all fall and early winter hit a big snag over the past 24 hours after the Federal Reserve cut interest rates. That may sound like a good thing on
the surface, but as part of the cuts the Fed also said it expects inflation and unemployment to rise more than expected in 2025.
$BTC
Good News
In January, cryptocurrency enthusiasts hailed a milestone event when the Security and Exchange Commission (SEC) approved the purchase and sale of spot Bitcoin exchange traded funds (ETFs). With that, it was only a matter of time before U.S. regulators would permit the trade of derivatives of those funds.
$ORDI
Short your Trade.
Bitcoin Prediction in Coming Months
USD to BTC prediction for December 2024. In the beginning price at 0.103 coins. High price 0.121, while low 0.094. The averaged price 0.106. The USD to BTC forecast at the end of the month 0.106, change for December 2.9%.
Dollar to Bitcoin forecast for January 2025. In the beginning price at 0.106 coins. High price 0.118, while low 0.091. The averaged price 0.106. The USD to BTC forecast at the end of the month 0.109, change for January 2.8%.
Follow me to Read more.
#btc #MarketPullback
Thanks A lot
Btc Analysts🤑🤑🤑
Ordi Bad day major fall in few days due to wall street down by 10% and The crypto momentum we've seen all fall and early winter hit a big snag over the past 24 hours after the Federal Reserve cut interest rates. That may sound like a good thing on
the surface, but as part of the cuts the Fed also said it expects inflation and unemployment to rise more than expected in 2025.
$BTC
Good News
In January, cryptocurrency enthusiasts hailed a milestone event when the Security and Exchange Commission (SEC) approved the purchase and sale of spot Bitcoin exchange traded funds (ETFs). With that, it was only a matter of time before U.S. regulators would permit the trade of derivatives of those funds.
$ORDI
Short your Trade.
Bitcoin Prediction in Coming Months
USD to BTC prediction for December 2024. In the beginning price at 0.103 coins. High price 0.121, while low 0.094. The averaged price 0.106. The USD to BTC forecast at the end of the month 0.106, change for December 2.9%.
Dollar to Bitcoin forecast for January 2025. In the beginning price at 0.106 coins. High price 0.118, while low 0.091. The averaged price 0.106. The USD to BTC forecast at the end of the month 0.109, change for January 2.8%.
Follow me to Read more.
#btc #MarketPullback
Thanks A lot
Btc Analysts🤑🤑🤑
SeyseyKim:
how
📉 Crypto Market Pullback: What’s Happening?
The crypto market has seen a significant pullback recently, with major assets like Bitcoin and Ethereum retracing from their recent highs. Here’s a quick breakdown of the factors driving this downturn and what it means for investors:
🔍 Key Reasons for the Pullback:
1. Macroeconomic Factors:
Rising interest rates, inflation concerns, or unexpected policy announcements often lead to risk-off sentiment, causing sell-offs in crypto and other risk assets.
2. Profit-Taking:
After recent rallies, many investors are locking in profits, leading to short-term price corrections.
3. Regulatory Concerns:
Ongoing regulatory scrutiny or new developments in regions like the U.S. or Europe can create uncertainty, prompting market-wide sell-offs.
4. Technical Resistance:
Crypto charts often see pullbacks after hitting key resistance levels. Recent charts indicate BTC failed to break past the $X resistance, leading to a downturn.
📊 Crypto Charts Analysis:
• Bitcoin (BTC):
Dropped below key support at $X, testing the $X level. Watch for consolidation or a potential bounce here.
• Ethereum (ETH):
Struggled to maintain momentum above $X, now retracing towards the $X support level.
💡 What to Watch Next:
• Market Sentiment:
Keep an eye on Fear & Greed Index levels. Extreme fear could present buying opportunities.
• Macro Events:
Monitor central bank announcements, inflation data, and geopolitical developments.
• On-Chain Data:
Rising exchange inflows might indicate further sell pressure, while increased withdrawals signal accumulation.
🚀 Stay Prepared:
Pullbacks are a natural part of market cycles. Use this time to:
• Reassess your portfolio.
• Identify long-term opportunities.
• Avoid emotional decisions—stick to your strategy!
How are you navigating the market? Share your thoughts below! 💬
#MarketPullback
$BTC
#btc $BNB
The crypto market has seen a significant pullback recently, with major assets like Bitcoin and Ethereum retracing from their recent highs. Here’s a quick breakdown of the factors driving this downturn and what it means for investors:
🔍 Key Reasons for the Pullback:
1. Macroeconomic Factors:
Rising interest rates, inflation concerns, or unexpected policy announcements often lead to risk-off sentiment, causing sell-offs in crypto and other risk assets.
2. Profit-Taking:
After recent rallies, many investors are locking in profits, leading to short-term price corrections.
3. Regulatory Concerns:
Ongoing regulatory scrutiny or new developments in regions like the U.S. or Europe can create uncertainty, prompting market-wide sell-offs.
4. Technical Resistance:
Crypto charts often see pullbacks after hitting key resistance levels. Recent charts indicate BTC failed to break past the $X resistance, leading to a downturn.
📊 Crypto Charts Analysis:
• Bitcoin (BTC):
Dropped below key support at $X, testing the $X level. Watch for consolidation or a potential bounce here.
• Ethereum (ETH):
Struggled to maintain momentum above $X, now retracing towards the $X support level.
💡 What to Watch Next:
• Market Sentiment:
Keep an eye on Fear & Greed Index levels. Extreme fear could present buying opportunities.
• Macro Events:
Monitor central bank announcements, inflation data, and geopolitical developments.
• On-Chain Data:
Rising exchange inflows might indicate further sell pressure, while increased withdrawals signal accumulation.
🚀 Stay Prepared:
Pullbacks are a natural part of market cycles. Use this time to:
• Reassess your portfolio.
• Identify long-term opportunities.
• Avoid emotional decisions—stick to your strategy!
How are you navigating the market? Share your thoughts below! 💬
#MarketPullback
$BTC
#btc $BNB
$BTC 3 RED CANDLE DAILY ==> BOTTOMED WILL PROBABLY BE IN TODAY!!
Almost All the market is oversell yet!
End of bearish correction ==> Pump soon to test highers resistances!
Then probably another dump toward 84,000 * 85,000$!
I bought the dips on #alts according to my medium term supports view, already printing a lot! 📈
#bitcoin #btc
Almost All the market is oversell yet!
End of bearish correction ==> Pump soon to test highers resistances!
Then probably another dump toward 84,000 * 85,000$!
I bought the dips on #alts according to my medium term supports view, already printing a lot! 📈
#bitcoin #btc
joker 369:
good
Decline in Bitcoin After Powell's statement
After Federal Reserve Chairman Jerome Powell stated that the central bank is not looking to hold the digital currency and indicated a more cautious approach to rate cuts in 2025, the price of bitcoin fell on Wednesday.
Bitcoin experiences a decline following Powell's statement that the Federal Reserve is 'not permitted' to possess the cryptocurrency and we see the major fall in Bitcoin on 20 December 2024. Bitcoin reached $108K and fell down at $92,272 which was decreased the market by almost 10%.
Powell also stated that the Federal Reserve is "not allowed" to own the cryptocurrency. We are not permitted to possess Bitcoin. At a press conference on Wednesday, Powell stated, "We're not looking for a law change, because the Federal Reserve Act specifies what we can own.". Congress should think about that kind of thing, but we don't want the Fed to change its laws.
Powell's remarks came in response to a query about whether he thought the U.S. S. President-elect Donald Trump suggested creating a bitcoin reserve as a strategy to keep ahead of the competition as other nations adopt cryptocurrency.
$BTC
$ETH
$SOL
Following the press conference on Wednesday afternoon, the price of bitcoin dropped by over 5%. Bitcoin's value has skyrocketed in recent months as President-elect Donald Trump seems ready to establish a more hospitable regulatory environment, despite experts' warnings about the risks associated with volatile cryptocurrencies.
In July, Trump declared that the US would become the world's bitcoin superpower and the "crypto capital of the planet.". Trump appointed former PayPal executive David Sacks as his "White House A" earlier this month, and he assisted in the launch of a new cryptocurrency company in September that had connections to his family. I. and the Crypto Czar. Additionally, he proposed a cryptocurrency ally.
Bitcoin Prediction in Coming Months
USD to BTC prediction for December 2024. In the beginning price at 0.103 coins. High price 0.121, while low 0.094. The averaged price 0.106. The USD to BTC forecast at the end of the month 0.106, change for December 2.9%.
Dollar to Bitcoin forecast for January 2025. In the beginning price at 0.106 coins. High price 0.118, while low 0.091. The averaged price 0.106. The USD to BTC forecast at the end of the month 0.109, change for January 2.8%.
Follow me to Read more.
Follow me for more updates: FOLLOW ME
#btc #MarketPullback #BinanceAlphaAlert
Bitcoin experiences a decline following Powell's statement that the Federal Reserve is 'not permitted' to possess the cryptocurrency and we see the major fall in Bitcoin on 20 December 2024. Bitcoin reached $108K and fell down at $92,272 which was decreased the market by almost 10%.
Powell also stated that the Federal Reserve is "not allowed" to own the cryptocurrency. We are not permitted to possess Bitcoin. At a press conference on Wednesday, Powell stated, "We're not looking for a law change, because the Federal Reserve Act specifies what we can own.". Congress should think about that kind of thing, but we don't want the Fed to change its laws.
Powell's remarks came in response to a query about whether he thought the U.S. S. President-elect Donald Trump suggested creating a bitcoin reserve as a strategy to keep ahead of the competition as other nations adopt cryptocurrency.
$BTC
$ETH
$SOL
Following the press conference on Wednesday afternoon, the price of bitcoin dropped by over 5%. Bitcoin's value has skyrocketed in recent months as President-elect Donald Trump seems ready to establish a more hospitable regulatory environment, despite experts' warnings about the risks associated with volatile cryptocurrencies.
In July, Trump declared that the US would become the world's bitcoin superpower and the "crypto capital of the planet.". Trump appointed former PayPal executive David Sacks as his "White House A" earlier this month, and he assisted in the launch of a new cryptocurrency company in September that had connections to his family. I. and the Crypto Czar. Additionally, he proposed a cryptocurrency ally.
Bitcoin Prediction in Coming Months
USD to BTC prediction for December 2024. In the beginning price at 0.103 coins. High price 0.121, while low 0.094. The averaged price 0.106. The USD to BTC forecast at the end of the month 0.106, change for December 2.9%.
Dollar to Bitcoin forecast for January 2025. In the beginning price at 0.106 coins. High price 0.118, while low 0.091. The averaged price 0.106. The USD to BTC forecast at the end of the month 0.109, change for January 2.8%.
Follow me to Read more.
Follow me for more updates: FOLLOW ME
#btc #MarketPullback #BinanceAlphaAlert
See original
,
$BTC
Bitcoin price is likely to reach 78 or 80 thousand levels
For speculators, investment advice, this is my strategy. I will buy and sell from the bottom
#RideTheKaiaWave
#btc @Binance Square Official @Binance MENA
$BTC
Bitcoin price is likely to reach 78 or 80 thousand levels
For speculators, investment advice, this is my strategy. I will buy and sell from the bottom
#RideTheKaiaWave
#btc @Binance Square Official @Binance MENA
BTCUSDT Near Strong Trendline Support! 🚀🚀
$BTC
BTCUSD Techncial analssyso update
BTC price is currently trading at the 200 EMA level, which will act as strong support on the 4-hour chart. Additionally, the price is approaching the trend support line, which is considered a key support level for BTC. The volume profile also indicates significant support in the $ 94K-96K range. A strong bounce from this level can be expected
#btc #Btc🔥🔥 #BinanceAlphaAlert #BTCNextMove #ElSalvadorBTCReserve
BTCUSD Techncial analssyso update
BTC price is currently trading at the 200 EMA level, which will act as strong support on the 4-hour chart. Additionally, the price is approaching the trend support line, which is considered a key support level for BTC. The volume profile also indicates significant support in the $ 94K-96K range. A strong bounce from this level can be expected
#btc #Btc🔥🔥 #BinanceAlphaAlert #BTCNextMove #ElSalvadorBTCReserve