marketdesember2024
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#ChristmasMarketAnalysis
"🚨📊 Did you know that the crypto market in December often shows interesting fluctuations? Along with the Christmas holidays, many investors are taking more cautious positions, but that can also open up trading opportunities for those of you who are more observant! 👀
So, what do you think? Will the crypto market continue to be bullish towards 2025, or will we see consolidation after the end-of-year price spike? 💥📉
"📉🚀 The history of Bitcoin (BTC) prices in December over the past 5 years has indeed been full of interesting fluctuations! Let's see the Bitcoin price movement in December each year:
📊December 2019: BTC stabilizes at $7,000 - $7,500, after a previous sharp decline.
📊December 2020: Big spike! Bitcoin touched $29,000.
📊December 2021: Price peaks at almost $69,000, although there is a slight decline towards the end of the year.
📊December 2022: Markets drop significantly, BTC plunges to $16,000 – $17,000.
📈December 2023: Recovery begins to be seen with BTC prices in the range of $30,000 – $35,000.
📊December 2024: Currently, BTC is trading around $94,208, with high volatility.
Write your thoughts and predictions in the comments column, and let's discuss! 🔥👇
#CryptoTalk #marketdesember2024
"🚨📊 Did you know that the crypto market in December often shows interesting fluctuations? Along with the Christmas holidays, many investors are taking more cautious positions, but that can also open up trading opportunities for those of you who are more observant! 👀
So, what do you think? Will the crypto market continue to be bullish towards 2025, or will we see consolidation after the end-of-year price spike? 💥📉
"📉🚀 The history of Bitcoin (BTC) prices in December over the past 5 years has indeed been full of interesting fluctuations! Let's see the Bitcoin price movement in December each year:
📊December 2019: BTC stabilizes at $7,000 - $7,500, after a previous sharp decline.
📊December 2020: Big spike! Bitcoin touched $29,000.
📊December 2021: Price peaks at almost $69,000, although there is a slight decline towards the end of the year.
📊December 2022: Markets drop significantly, BTC plunges to $16,000 – $17,000.
📈December 2023: Recovery begins to be seen with BTC prices in the range of $30,000 – $35,000.
📊December 2024: Currently, BTC is trading around $94,208, with high volatility.
Write your thoughts and predictions in the comments column, and let's discuss! 🔥👇
#CryptoTalk #marketdesember2024
$USUAL The RSI is approaching the 60.45 overbought zone. However, there is still room for upward movement.
An increase in volume has been observed in the last few candles. This may indicate increased purchasing interest.
MACD line and Signal line are close to each other. The histogram is positive but weakening. Momentum may weaken somewhat.
Stochastic RSI 95.79 and 94.21
It is in the overbought zone. This may indicate that a correction may occur in the short term.
MA(5): 67,686,986.8
MA(10): 51,899,624.0
There is a positive difference between the MA(5) and the MA(10), indicating that the short-term uptrend may continue.
Support: 1.1611
Resistance: 1.3710
NOT INVESTMENT ADVICE #USUALonLaunchpool&Pre-Market #USUALMomentum #marketdesember2024 #BTC
An increase in volume has been observed in the last few candles. This may indicate increased purchasing interest.
MACD line and Signal line are close to each other. The histogram is positive but weakening. Momentum may weaken somewhat.
Stochastic RSI 95.79 and 94.21
It is in the overbought zone. This may indicate that a correction may occur in the short term.
MA(5): 67,686,986.8
MA(10): 51,899,624.0
There is a positive difference between the MA(5) and the MA(10), indicating that the short-term uptrend may continue.
Support: 1.1611
Resistance: 1.3710
NOT INVESTMENT ADVICE #USUALonLaunchpool&Pre-Market #USUALMomentum #marketdesember2024 #BTC
STREAMSNIPER487:
what does rsi mean ?