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Gemma Libman Cnd1
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Bearish
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$BTC
I'm feeling bearish for bitcoin
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Gemma Libman Cnd1
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#XmasCryptoMiracles XmasCryptoMiracles: Unwrapping the Power of Blockchain this Holiday Season This Christmas, let’s celebrate the spirit of giving with the transformative potential of blockchain technology. From charitable crypto donations to NFTs that support global causes, the #XmasCryptoMiracles movement highlights how cryptocurrency can make a real-world impact. Imagine gifting Bitcoin to a loved one or supporting underprivileged communities through decentralized finance. The holiday season is the perfect time to explore the magic of crypto—where transparency meets generosity.
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#ReboundRally XRP price started a fresh increase above the $2.20 support level, like Bitcoin and Ethereum. There was a decent increase above the $2.25 and $2.30 levels. The price even tested the $2.35 level before the bears appeared. A high was formed at $2.348 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $2.130 swing low to the $2.348 high.
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#MarketRebound Historically, Bitcoin has often experienced a "Santa Claus rally," with price increases during the holiday season. From 2014 to 2023, the cryptocurrency market saw such rallies 80% of the time, with Bitcoin's post-Christmas gains ranging from 0.33% to 10.86%. This year, Bitcoin reached an all-time high of over $108,000 in mid-December but has since declined by more than 15%, hitting new lows for the month. As of December 25, 2024, Bitcoin is trading at approximately $98,548, reflecting a 5.39% increase from the previous close. While historical trends suggest the possibility of a post-Christmas rebound, the cryptocurrency market is highly volatile and influenced by various factors, including macroeconomic conditions and investor sentiment. Therefore, past performance does not guarantee future results.
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Got Reward Voucher of Around 5$ for Hashtag Campaign... $BNB #ChristmasMarketAnalysis #BNBToken #BinanceSeason
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