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$BTC BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀️ #GrayscaleHorizenTrust
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀️ #GrayscaleHorizenTrust
$BTC BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀️
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀️
$BTC
BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀ #MarketRebound
BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀ #MarketRebound
$BTC
BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
$BTC BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
$BTC BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
$BTC
BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
$BTC
BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
#BTC☀
BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
#BTC☀
$BTC
BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
BlackRock sells $1887 million worth of Bitcoin in a single day; it made the biggest one-day move in its Bitcoin portfolio, a massive blow to the digital currency market.
It seems to us that this type of maneuvering inevitably gives rise to questions about institutional behaviour, including fund rebalancing, profit-taking or macroeconomic signals.#BTC☀
on 2028 bullish
Zilliqa
--
Zilliqa Monthly Newsletter - December 2024
As we close out 2024, I’m thrilled to reflect on the incredible progress we’ve made this year. This month, we marked a major milestone with the launch of Aventurine, the proto-testnet and proto-mainnet that will serve as a critical foundation for our journey toward Zilliqa 2.0.
Aventurine is all about ensuring a smooth and successful transition to Agate, allowing developers to test their dApps and prepare for the mainnet launch of the new Zilliqa 2.0 blockchain.
As we prepare for this next leap, I want to thank our community for their continued support, vision, and trust. We can’t wait to share what’s next for Zilliqa in 2025.- Matt DyerZilliqa CEO
Check out all the highlights from the Zilliqa ecosystem for December 2024:
Aventurine release for Zilliqa 2.0 launched
We’ve successfully deployed the Aventurine proto-testnet and proto-mainnet, marking the final major milestone before Zilliqa 2.0 mainnet launch. Aventurine serves as a powerful testbed for developers to explore new features before the full mainnet release.
To learn more about what’s new in this release and how it enables extensive testing prior to mainnet release of the new Zilliqa 2.0 network, read our post on the Zilliqa blog. The foundation of Zilliqa 2.0’s approach to interoperability has already been laid by a partnership with Wanchain to bridge the Zilliqa 2.0 mainnet with Cardano.
Catch our Ecosystem Talks session with House of Chimera for more discussion around Aventurine, or read the recap.
Preparing for Zilliqa 2.0 Mainnet
Now that Aventurine is live, this testing phase is critical ahead of the mainnet launch of the new Zilliqa 2.0 protocol. The full mainnet release—Agate—is scheduled for the first quarter of 2025 as we have extended the Aventurine phase to allow for the critical testing required to facilitate this transition.
This gives development teams the time they need to test their applications and ensure they run smoothly on the new protocol before they are switched over to Zilliqa 2.0 mainnet.
Many validators have already begun onboarding, as shown by Zilliqa’s recent partnership with LSP, a staking project with major reach in Asia.
Read more about the road to Zilliqa 2.0 mainnet.
Empowering gZIL holders to grow the Zilliqa ecosystem
gZIL holders successfully passed a vote to form the gZIL Collective Committee, whose members are elected by gZIL holders and facilitate the allocation of community funds to Zilliqa ecosystem projects.
The gZIL Collective Committee will let $gZIL holders decide how to use surplus $ZIL from the recent mining reward halving. These funds will go toward innovative projects, community initiatives, and ecosystem growth.
Read the full proposal here.
For more information on the allocation of surplus rewards to be managed by gZIL holders, read our previous blog post.If you’ve got a great idea for a project to build on Zilliqa, get your proposal ready to apply for community-driven funding!
Partnering with Brillion on unlocking Web3 for all
Zilliqa has partnered with Brillion to bridge real-world assets (RWAs) and DeFi with Zilliqa’s powerful new Zilliqa 2.0 Layer-1 blockchain.
This partnership will enable cross-chain innovation and drive Web3 mass adoption, scaling innovation, enabling cross-chain connectivity, and bringing real-world assets closer to blockchain utility.
Listen to our joint X Spaces with Brillion for more info.
Looking ahead to 2025
The Zilliqa team attended ETH Riyadh from December 1-3, where Anton spoke about the exciting opportunities unlocked by Zilliqa 2.0 and its ability to plug into the EVM ecosystem.
This event closed out the busy 2024 calendar for Zilliqa, with the team’s attention now squarely aimed at delivering Agate, the mainnet release of the Zilliqa 2.0 blockchain in the first quarter of next year.
We wish our community a happy festive season and look forward to building a better blockchain future together in 2025!
Stay connected with us on Twitter and the Zilliqa Blog for all the latest updates.
Aventurine is all about ensuring a smooth and successful transition to Agate, allowing developers to test their dApps and prepare for the mainnet launch of the new Zilliqa 2.0 blockchain.
As we prepare for this next leap, I want to thank our community for their continued support, vision, and trust. We can’t wait to share what’s next for Zilliqa in 2025.- Matt DyerZilliqa CEO
Check out all the highlights from the Zilliqa ecosystem for December 2024:
Aventurine release for Zilliqa 2.0 launched
We’ve successfully deployed the Aventurine proto-testnet and proto-mainnet, marking the final major milestone before Zilliqa 2.0 mainnet launch. Aventurine serves as a powerful testbed for developers to explore new features before the full mainnet release.
To learn more about what’s new in this release and how it enables extensive testing prior to mainnet release of the new Zilliqa 2.0 network, read our post on the Zilliqa blog. The foundation of Zilliqa 2.0’s approach to interoperability has already been laid by a partnership with Wanchain to bridge the Zilliqa 2.0 mainnet with Cardano.
Catch our Ecosystem Talks session with House of Chimera for more discussion around Aventurine, or read the recap.
Preparing for Zilliqa 2.0 Mainnet
Now that Aventurine is live, this testing phase is critical ahead of the mainnet launch of the new Zilliqa 2.0 protocol. The full mainnet release—Agate—is scheduled for the first quarter of 2025 as we have extended the Aventurine phase to allow for the critical testing required to facilitate this transition.
This gives development teams the time they need to test their applications and ensure they run smoothly on the new protocol before they are switched over to Zilliqa 2.0 mainnet.
Many validators have already begun onboarding, as shown by Zilliqa’s recent partnership with LSP, a staking project with major reach in Asia.
Read more about the road to Zilliqa 2.0 mainnet.
Empowering gZIL holders to grow the Zilliqa ecosystem
gZIL holders successfully passed a vote to form the gZIL Collective Committee, whose members are elected by gZIL holders and facilitate the allocation of community funds to Zilliqa ecosystem projects.
The gZIL Collective Committee will let $gZIL holders decide how to use surplus $ZIL from the recent mining reward halving. These funds will go toward innovative projects, community initiatives, and ecosystem growth.
Read the full proposal here.
For more information on the allocation of surplus rewards to be managed by gZIL holders, read our previous blog post.If you’ve got a great idea for a project to build on Zilliqa, get your proposal ready to apply for community-driven funding!
Partnering with Brillion on unlocking Web3 for all
Zilliqa has partnered with Brillion to bridge real-world assets (RWAs) and DeFi with Zilliqa’s powerful new Zilliqa 2.0 Layer-1 blockchain.
This partnership will enable cross-chain innovation and drive Web3 mass adoption, scaling innovation, enabling cross-chain connectivity, and bringing real-world assets closer to blockchain utility.
Listen to our joint X Spaces with Brillion for more info.
Looking ahead to 2025
The Zilliqa team attended ETH Riyadh from December 1-3, where Anton spoke about the exciting opportunities unlocked by Zilliqa 2.0 and its ability to plug into the EVM ecosystem.
This event closed out the busy 2024 calendar for Zilliqa, with the team’s attention now squarely aimed at delivering Agate, the mainnet release of the Zilliqa 2.0 blockchain in the first quarter of next year.
We wish our community a happy festive season and look forward to building a better blockchain future together in 2025!
Stay connected with us on Twitter and the Zilliqa Blog for all the latest updates.
news dont go up
Zilliqa
--
Zilliqa Monthly Newsletter - December 2024
As we close out 2024, I’m thrilled to reflect on the incredible progress we’ve made this year. This month, we marked a major milestone with the launch of Aventurine, the proto-testnet and proto-mainnet that will serve as a critical foundation for our journey toward Zilliqa 2.0.
Aventurine is all about ensuring a smooth and successful transition to Agate, allowing developers to test their dApps and prepare for the mainnet launch of the new Zilliqa 2.0 blockchain.
As we prepare for this next leap, I want to thank our community for their continued support, vision, and trust. We can’t wait to share what’s next for Zilliqa in 2025.- Matt DyerZilliqa CEO
Check out all the highlights from the Zilliqa ecosystem for December 2024:
Aventurine release for Zilliqa 2.0 launched
We’ve successfully deployed the Aventurine proto-testnet and proto-mainnet, marking the final major milestone before Zilliqa 2.0 mainnet launch. Aventurine serves as a powerful testbed for developers to explore new features before the full mainnet release.
To learn more about what’s new in this release and how it enables extensive testing prior to mainnet release of the new Zilliqa 2.0 network, read our post on the Zilliqa blog. The foundation of Zilliqa 2.0’s approach to interoperability has already been laid by a partnership with Wanchain to bridge the Zilliqa 2.0 mainnet with Cardano.
Catch our Ecosystem Talks session with House of Chimera for more discussion around Aventurine, or read the recap.
Preparing for Zilliqa 2.0 Mainnet
Now that Aventurine is live, this testing phase is critical ahead of the mainnet launch of the new Zilliqa 2.0 protocol. The full mainnet release—Agate—is scheduled for the first quarter of 2025 as we have extended the Aventurine phase to allow for the critical testing required to facilitate this transition.
This gives development teams the time they need to test their applications and ensure they run smoothly on the new protocol before they are switched over to Zilliqa 2.0 mainnet.
Many validators have already begun onboarding, as shown by Zilliqa’s recent partnership with LSP, a staking project with major reach in Asia.
Read more about the road to Zilliqa 2.0 mainnet.
Empowering gZIL holders to grow the Zilliqa ecosystem
gZIL holders successfully passed a vote to form the gZIL Collective Committee, whose members are elected by gZIL holders and facilitate the allocation of community funds to Zilliqa ecosystem projects.
The gZIL Collective Committee will let $gZIL holders decide how to use surplus $ZIL from the recent mining reward halving. These funds will go toward innovative projects, community initiatives, and ecosystem growth.
Read the full proposal here.
For more information on the allocation of surplus rewards to be managed by gZIL holders, read our previous blog post.If you’ve got a great idea for a project to build on Zilliqa, get your proposal ready to apply for community-driven funding!
Partnering with Brillion on unlocking Web3 for all
Zilliqa has partnered with Brillion to bridge real-world assets (RWAs) and DeFi with Zilliqa’s powerful new Zilliqa 2.0 Layer-1 blockchain.
This partnership will enable cross-chain innovation and drive Web3 mass adoption, scaling innovation, enabling cross-chain connectivity, and bringing real-world assets closer to blockchain utility.
Listen to our joint X Spaces with Brillion for more info.
Looking ahead to 2025
The Zilliqa team attended ETH Riyadh from December 1-3, where Anton spoke about the exciting opportunities unlocked by Zilliqa 2.0 and its ability to plug into the EVM ecosystem.
This event closed out the busy 2024 calendar for Zilliqa, with the team’s attention now squarely aimed at delivering Agate, the mainnet release of the Zilliqa 2.0 blockchain in the first quarter of next year.
We wish our community a happy festive season and look forward to building a better blockchain future together in 2025!
Stay connected with us on Twitter and the Zilliqa Blog for all the latest updates.
Aventurine is all about ensuring a smooth and successful transition to Agate, allowing developers to test their dApps and prepare for the mainnet launch of the new Zilliqa 2.0 blockchain.
As we prepare for this next leap, I want to thank our community for their continued support, vision, and trust. We can’t wait to share what’s next for Zilliqa in 2025.- Matt DyerZilliqa CEO
Check out all the highlights from the Zilliqa ecosystem for December 2024:
Aventurine release for Zilliqa 2.0 launched
We’ve successfully deployed the Aventurine proto-testnet and proto-mainnet, marking the final major milestone before Zilliqa 2.0 mainnet launch. Aventurine serves as a powerful testbed for developers to explore new features before the full mainnet release.
To learn more about what’s new in this release and how it enables extensive testing prior to mainnet release of the new Zilliqa 2.0 network, read our post on the Zilliqa blog. The foundation of Zilliqa 2.0’s approach to interoperability has already been laid by a partnership with Wanchain to bridge the Zilliqa 2.0 mainnet with Cardano.
Catch our Ecosystem Talks session with House of Chimera for more discussion around Aventurine, or read the recap.
Preparing for Zilliqa 2.0 Mainnet
Now that Aventurine is live, this testing phase is critical ahead of the mainnet launch of the new Zilliqa 2.0 protocol. The full mainnet release—Agate—is scheduled for the first quarter of 2025 as we have extended the Aventurine phase to allow for the critical testing required to facilitate this transition.
This gives development teams the time they need to test their applications and ensure they run smoothly on the new protocol before they are switched over to Zilliqa 2.0 mainnet.
Many validators have already begun onboarding, as shown by Zilliqa’s recent partnership with LSP, a staking project with major reach in Asia.
Read more about the road to Zilliqa 2.0 mainnet.
Empowering gZIL holders to grow the Zilliqa ecosystem
gZIL holders successfully passed a vote to form the gZIL Collective Committee, whose members are elected by gZIL holders and facilitate the allocation of community funds to Zilliqa ecosystem projects.
The gZIL Collective Committee will let $gZIL holders decide how to use surplus $ZIL from the recent mining reward halving. These funds will go toward innovative projects, community initiatives, and ecosystem growth.
Read the full proposal here.
For more information on the allocation of surplus rewards to be managed by gZIL holders, read our previous blog post.If you’ve got a great idea for a project to build on Zilliqa, get your proposal ready to apply for community-driven funding!
Partnering with Brillion on unlocking Web3 for all
Zilliqa has partnered with Brillion to bridge real-world assets (RWAs) and DeFi with Zilliqa’s powerful new Zilliqa 2.0 Layer-1 blockchain.
This partnership will enable cross-chain innovation and drive Web3 mass adoption, scaling innovation, enabling cross-chain connectivity, and bringing real-world assets closer to blockchain utility.
Listen to our joint X Spaces with Brillion for more info.
Looking ahead to 2025
The Zilliqa team attended ETH Riyadh from December 1-3, where Anton spoke about the exciting opportunities unlocked by Zilliqa 2.0 and its ability to plug into the EVM ecosystem.
This event closed out the busy 2024 calendar for Zilliqa, with the team’s attention now squarely aimed at delivering Agate, the mainnet release of the Zilliqa 2.0 blockchain in the first quarter of next year.
We wish our community a happy festive season and look forward to building a better blockchain future together in 2025!
Stay connected with us on Twitter and the Zilliqa Blog for all the latest updates.
$BTC Bitcoin❗
ANALYST WARN BITCOIN WILL CRASH TO 60000$.
As it turned out by December 27, the trade-off for Bitcoin’s (BTC) 61% climb in November from about $67,000 to above $108,000 was an almost complete lack of a ‘Santa Claus’ rally ahead and during Christmas, which resulted in the coin changing hands at $96,273 at press time.
Analysts forecast Bitcoin flash crash as BTC rejects breakout above $100,000
A major trigger for the bearish prediction has been Bitcoin’s recent inability to find a stable footing above $95,000. The world’s premier cryptocurrency has spent much of the last week trading roughly in the range between $92,000 and $99,000 though most of the trading has been closer to the lower bound.
Such a trend prompted Tone Vays, a derivatives trader and financial educator, for example, to forecast that, unless BTC manages to stably reclaim levels above $95,000, it could face a correction to $73,000.
Bitcoin likely to set new records in 2025 despite December headwinds
Despite the gloomy musings, the long-term picture remains generally optimistic for Bitcoin.
Along with the aforementioned Peter Brandt – who believes in a long-term rally above $130,000 – and Tom Lee – who forecasted a climb to $250,000 in 2025 – the personal finance author Robert Kiyosaki estimated a surge to $350,000 and the digital assets lobbyist Perianne Boring opened up a possibility for a Bitcoin rocketing above $800,000.
Martinez himself, despite concurring that there is an imminent danger of a deep pullback, previously predicted that the most likely outcome of the current cryptocurrency market cycle is a BTC climb to approximately $220,000 before the next bear phase for digital assets.
BTC
94,090.62
-2.42%#BTC☀
ANALYST WARN BITCOIN WILL CRASH TO 60000$.
As it turned out by December 27, the trade-off for Bitcoin’s (BTC) 61% climb in November from about $67,000 to above $108,000 was an almost complete lack of a ‘Santa Claus’ rally ahead and during Christmas, which resulted in the coin changing hands at $96,273 at press time.
Analysts forecast Bitcoin flash crash as BTC rejects breakout above $100,000
A major trigger for the bearish prediction has been Bitcoin’s recent inability to find a stable footing above $95,000. The world’s premier cryptocurrency has spent much of the last week trading roughly in the range between $92,000 and $99,000 though most of the trading has been closer to the lower bound.
Such a trend prompted Tone Vays, a derivatives trader and financial educator, for example, to forecast that, unless BTC manages to stably reclaim levels above $95,000, it could face a correction to $73,000.
Bitcoin likely to set new records in 2025 despite December headwinds
Despite the gloomy musings, the long-term picture remains generally optimistic for Bitcoin.
Along with the aforementioned Peter Brandt – who believes in a long-term rally above $130,000 – and Tom Lee – who forecasted a climb to $250,000 in 2025 – the personal finance author Robert Kiyosaki estimated a surge to $350,000 and the digital assets lobbyist Perianne Boring opened up a possibility for a Bitcoin rocketing above $800,000.
Martinez himself, despite concurring that there is an imminent danger of a deep pullback, previously predicted that the most likely outcome of the current cryptocurrency market cycle is a BTC climb to approximately $220,000 before the next bear phase for digital assets.
BTC
94,090.62
-2.42%#BTC☀
$BTC Bitcoin❗
ANALYST WARN BITCOIN WILL CRASH TO 60000$.
As it turned out by December 27, the trade-off for Bitcoin’s (BTC) 61% climb in November from about $67,000 to above $108,000 was an almost complete lack of a ‘Santa Claus’ rally ahead and during Christmas, which resulted in the coin changing hands at $96,273 at press time.
Analysts forecast Bitcoin flash crash as BTC rejects breakout above $100,000
A major trigger for the bearish prediction has been Bitcoin’s recent inability to find a stable footing above $95,000. The world’s premier cryptocurrency has spent much of the last week trading roughly in the range between $92,000 and $99,000 though most of the trading has been closer to the lower bound.
Such a trend prompted Tone Vays, a derivatives trader and financial educator, for example, to forecast that, unless BTC manages to stably reclaim levels above $95,000, it could face a correction to $73,000.
Bitcoin likely to set new records in 2025 despite December headwinds
Despite the gloomy musings, the long-term picture remains generally optimistic for Bitcoin.
Along with the aforementioned Peter Brandt – who believes in a long-term rally above $130,000 – and Tom Lee – who forecasted a climb to $250,000 in 2025 – the personal finance author Robert Kiyosaki estimated a surge to $350,000 and the digital assets lobbyist Perianne Boring opened up a possibility for a Bitcoin rocketing above $800,000.
Martinez himself, despite concurring that there is an imminent danger of a deep pullback, previously predicted that the most likely outcome of the current cryptocurrency market cycle is a BTC climb to approximately $220,000 before the next bear phase for digital assets.
BTC
94,090.62
-2.42%#BTC☀
ANALYST WARN BITCOIN WILL CRASH TO 60000$.
As it turned out by December 27, the trade-off for Bitcoin’s (BTC) 61% climb in November from about $67,000 to above $108,000 was an almost complete lack of a ‘Santa Claus’ rally ahead and during Christmas, which resulted in the coin changing hands at $96,273 at press time.
Analysts forecast Bitcoin flash crash as BTC rejects breakout above $100,000
A major trigger for the bearish prediction has been Bitcoin’s recent inability to find a stable footing above $95,000. The world’s premier cryptocurrency has spent much of the last week trading roughly in the range between $92,000 and $99,000 though most of the trading has been closer to the lower bound.
Such a trend prompted Tone Vays, a derivatives trader and financial educator, for example, to forecast that, unless BTC manages to stably reclaim levels above $95,000, it could face a correction to $73,000.
Bitcoin likely to set new records in 2025 despite December headwinds
Despite the gloomy musings, the long-term picture remains generally optimistic for Bitcoin.
Along with the aforementioned Peter Brandt – who believes in a long-term rally above $130,000 – and Tom Lee – who forecasted a climb to $250,000 in 2025 – the personal finance author Robert Kiyosaki estimated a surge to $350,000 and the digital assets lobbyist Perianne Boring opened up a possibility for a Bitcoin rocketing above $800,000.
Martinez himself, despite concurring that there is an imminent danger of a deep pullback, previously predicted that the most likely outcome of the current cryptocurrency market cycle is a BTC climb to approximately $220,000 before the next bear phase for digital assets.
BTC
94,090.62
-2.42%#BTC☀
$BTC
Bitcoin❗
ANALYST WARN BITCOIN WILL CRASH TO 60000$.
As it turned out by December 27, the trade-off for Bitcoin’s (BTC) 61% climb in November from about $67,000 to above $108,000 was an almost complete lack of a ‘Santa Claus’ rally ahead and during Christmas, which resulted in the coin changing hands at $96,273 at press time.
Analysts forecast Bitcoin flash crash as BTC rejects breakout above $100,000
A major trigger for the bearish prediction has been Bitcoin’s recent inability to find a stable footing above $95,000. The world’s premier cryptocurrency has spent much of the last week trading roughly in the range between $92,000 and $99,000 though most of the trading has been closer to the lower bound.
Such a trend prompted Tone Vays, a derivatives trader and financial educator, for example, to forecast that, unless BTC manages to stably reclaim levels above $95,000, it could face a correction to $73,000.
Bitcoin likely to set new records in 2025 despite December headwinds
Despite the gloomy musings, the long-term picture remains generally optimistic for Bitcoin.
Along with the aforementioned Peter Brandt – who believes in a long-term rally above $130,000 – and Tom Lee – who forecasted a climb to $250,000 in 2025 – the personal finance author Robert Kiyosaki estimated a surge to $350,000 and the digital assets lobbyist Perianne Boring opened up a possibility for a Bitcoin rocketing above $800,000.
Martinez himself, despite concurring that there is an imminent danger of a deep pullback, previously predicted that the most likely outcome of the current cryptocurrency market cycle is a BTC climb to approximately $220,000 before the next bear phase for digital assets.
BTC
94,090.62
-2.42%#MarketRebound
Bitcoin❗
ANALYST WARN BITCOIN WILL CRASH TO 60000$.
As it turned out by December 27, the trade-off for Bitcoin’s (BTC) 61% climb in November from about $67,000 to above $108,000 was an almost complete lack of a ‘Santa Claus’ rally ahead and during Christmas, which resulted in the coin changing hands at $96,273 at press time.
Analysts forecast Bitcoin flash crash as BTC rejects breakout above $100,000
A major trigger for the bearish prediction has been Bitcoin’s recent inability to find a stable footing above $95,000. The world’s premier cryptocurrency has spent much of the last week trading roughly in the range between $92,000 and $99,000 though most of the trading has been closer to the lower bound.
Such a trend prompted Tone Vays, a derivatives trader and financial educator, for example, to forecast that, unless BTC manages to stably reclaim levels above $95,000, it could face a correction to $73,000.
Bitcoin likely to set new records in 2025 despite December headwinds
Despite the gloomy musings, the long-term picture remains generally optimistic for Bitcoin.
Along with the aforementioned Peter Brandt – who believes in a long-term rally above $130,000 – and Tom Lee – who forecasted a climb to $250,000 in 2025 – the personal finance author Robert Kiyosaki estimated a surge to $350,000 and the digital assets lobbyist Perianne Boring opened up a possibility for a Bitcoin rocketing above $800,000.
Martinez himself, despite concurring that there is an imminent danger of a deep pullback, previously predicted that the most likely outcome of the current cryptocurrency market cycle is a BTC climb to approximately $220,000 before the next bear phase for digital assets.
BTC
94,090.62
-2.42%#MarketRebound