LUNC News: Terra Luna Classic Revival Ahead With Binance LUN | Devil_Trade on Binance Square

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LUNC News: Terra Luna Classic Revival Ahead With Binance LUNC Burn
Binance's LUNC burn of 1.7 billion tokens sparks hopes of a massive Terra Luna Classic price rally in 2025. LUNC price jumped 6% today.
  #LUNC  $LUNC $USTC 

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Bitcoin 'Santa Claus rally' hopes dwindle as price hits December low Bitcoin has dropped to its lowest price since late November, dampening hopes of a "Santa Claus rally" that has historically resulted in solid gains over the holiday period in years preceding market cycle peaks. Bitcoin BTC fell to $92,442 during late trading on Dec. 23, its lowest price in four weeks, and a correction of 14.5% from its all-time high of just over $108,000 on Dec. 17. It briefly rebounded to reclaim $95,000 before falling back to $94,000 during early trading on Dec. 24 and it currently remains down more than 11% over the past week. Crypto markets have historically performed well through the festive season during bull markets, but Bitcoin's dismal December performance has quashed hopes of a so-called Santa Claus rally — a price jump during the last five trading days of December through to the first two trading days in January. However, crypto trader 'Mister Crypto' compared Bitcoin's performance from previous years and noted that there were big rallies between Christmas and New Year in 2016 and 2020, the years preceding the market cycle peak.$BTC

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$BTC This time is different 🫣

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#ShareYourThoughtOnBTC $BTC $ETH $XRP The price of Bitcoin fell to around $92,000, Friday afternoon, December 20 after the US Federal Reserve's rate cut triggered a sharp selloff in the crypto market. However, the premier cryptocurrency seems to be recovering nicely, having returned above the $97,000 level on the same day. While investors would be hoping to see the Bitcoin price reclaim its current all-time high of $108,135 again, a prominent crypto analyst has put forward an audacious target for the market leader. Below is the rationale behind the new bullish target for the Bitcoin price. Can Bitcoin Price Repeat This 86% Rally? In a new post on the X platform, NewsBTC head of research Tony "The Bull" Severino shared an interesting prognosis for the price of Bitcoin. According to the CMT-certified crypto analyst, the flagship cryptocurrency looks primed to reach as high as $178,000.

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