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📢-Bitcoin price today 12/26/2024: After Christmas high, BTC drops back to US$ 95 thousand in a new low of 2%
After a 'stuffed' Christmas in which BTC registered a 5% increase and returned to trading close to US$ 100 thousand, Santa Claus left and left the bulls suffering a new 2% drop that took Bitcoin back to US$ 95 thousand.
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The main cryptocurrency on the market, Bitcoin BTCR$ 646,049, is quoted this Thursday morning, 12/26/204, at R$ 596,862.00. After a 'full' Christmas in which BTC recorded a 5% increase and returned to trading close to US$ 100 thousand, Santa Claus left and left the bulls to suffer a new 2% drop that took Bitcoin back to US$ 95 thousand.
Rodrigo Miranda, creator of the Bitcoin University, highlights that BTC is in a period of lateralization and accumulation, and that, in this period, these increases followed by drops are normal. The trend, according to him, is for this level to remain between US$ 93 thousand and US$ 99 thousand.
"We had already talked about this possibility in previous analyses. If BTC does not remain above 100 thousand, it will probably have a nice accumulation between 93, 94, and even 99, 100 thousand dollars. In the first quarter of the year, we have positive expectations for bitcoin, with Trump assuming the presidency. And in general, the year after halving, it is a favorable period for the crypto market, in addition to the expectation of altseasons." pointed out.
According to Pauline Shangett, CMO of ChangeNOW, the current lateralization is still a result of the FED. According to her, the Fed's signaling of only two interest rate cuts in 2025, instead of the four previously expected, led investors to reevaluate their positions in speculative assets, such as Bitcoin.
In addition, she highlights that after reaching an all-time high of US$ 108,244.9.
"The recent correction is natural after a period of intense gains, but it is largely influenced by the macroeconomic uncertainties generated by the Fed's positioning," highlighted Shangett.
