$BTC $XRP XRP is in the hot seat right now, and not in a good way. 🔥 Over the past 24 hours, the token has taken a sharp nosedive, losing 4.5% of its value. Even worse, it’s been underperforming most of the top-10 cryptos over the past week. 😬 With three straight bearish weekly candles (something we haven’t seen since June 2024), the odds of XRP testing its crucial $2 support level are growing stronger by the minute. Is this just the beginning of a bigger crash? Let’s break it down.
🚀 BTC Price: 5 Key Things to Know This Week #btc2025
As Bitcoin approaches the end of 2024, it’s trading at a critical juncture in its bull run. While recent price action has been bearish, 📈 several indicators are fueling hope for the bulls.
📉 Bitcoin Nears Range Lows
Bitcoin is currently trading at $93,894, sitting near the lower boundary of its December trading range. After a quiet holiday weekend, renewed downside pressure has brought BTC closer to key support zones.
$BTC 🚀 US Government and Bitcoin in 2025: Key Predictions
Galaxy Digital’s is saying: 🏦 No Bitcoin Purchases by the US Government
💬 “The US government will not purchase Bitcoin in 2025,” said Alex Thorn, Galaxy Research’s head of research, in a Dec. 27 report.
Instead, the government is expected to safeguard its existing Bitcoin holdings, estimated at 183,850 BTC (worth ~$17.36 billion). 💡 Thorn also noted ongoing discussions about a Bitcoin reserve policy within federal agencies.
🔍 Exploring a Bitcoin Reserve Policy
Thorn hinted at growing interest in creating a Bitcoin stockpile: 💬 “There will be some movement within the departments and agencies to examine an expanded Bitcoin reserve policy.”
📜 Proposed Bitcoin Act 2024: Wyoming Senator Cynthia Lummis’ Bitcoin Act could revolutionize US Bitcoin strategy: • Plan: Purchase 200,000 BTC annually for five years, totaling 1 million BTC. • Hold Period: The Bitcoin would remain in US reserves for at least 20 years.
🌍 Global Competition on Bitcoin Reserves
Another Galaxy analyst, JW, predicts major players could join the Bitcoin movement: • Up to 5 Nasdaq 100 companies and 5 nation states may add Bitcoin to their balance sheets or sovereign wealth funds. • 🌐 Nation-State Competition: “Unaligned nations, those with large sovereign wealth funds, or adversaries to the US will likely compete to mine or acquire Bitcoin,” JW said.
🌏 Other Nations Watching the US • Japan: Prime Minister Shigeru Ishiba expressed uncertainty about Bitcoin reserve policies, stating: 💬 “It is difficult for the government to express its views.”
💡 At the Bitcoin MENA conference in Abu Dhabi (Dec. 9), CZ predicted that smaller countries may lead the way in adopting Bitcoin reserves, albeit slowly.
🪙 Key Takeaway
The US government’s Bitcoin strategy—or lack thereof—could spark a global race for Bitcoin adoption, influencing both nation states and corporations alike. Will 2025 be the year of Bitcoin dominance on the global stage? Stay tuned!
🚀$BTC Must Break $97,300 for a Bullish Reversal 🔥!!!
Bitcoin (BTC) traded in a tight range over the weekend after a volatile end to the week 📉. Analysts remain cautious, with order book data showing limited upside potential 📊.
Material Indicators flagged bearish signals 🚨, suggesting BTC is unlikely to break above its previous daily high unless it surpasses $97,300. A bid ladder of $86M is providing some support 💰, but the bearish trend remains intact unless this key level is breached.
For now, BTC’s outlook hinges on overcoming $97,300 to spark a bullish move 🚀.
Update: Please always make sure that we don't have an Altcoinseason yet ;)
Audie Coulson KZLH
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$DOGE rally fell short of the 20-day EMA ($0.35). A drop below $0.30 may lead to $0.27–$0.23 support. Bulls need to reclaim the moving averages to target $0.43.
Fractal analysis predicts a DOGE rally over $0.35, with potential new all-time highs of $2.35 to $2.60 in 2025 📈.
🔍 Key Insights: • DOGE has slowed near $0.35 but remains bullish long-term. • Analysts see a 683% gain based on past bull market patterns. • Fibonacci targets suggest DOGE could surpass $2.28, echoing previous cycles.
📉 Short-term dips may test support, but historical trends hint at a major rally ahead. With RSI nearing exhaustion, a breakout over $0.35 could pave the way for explosive growth in 2025!
🐶✨ The meme coin revolution isn’t over. Will you ride the wave?
$BTC 🌍 El Salvador Hits 6,000+ Bitcoin Milestone! 🚀💰
El Salvador is making waves as the 6th-largest Bitcoin-holding nation! 🏆 With 6,000.77 BTC now worth $569.3M, President Nayib Bukele’s vision of Bitcoin as a treasury asset is paying off. 💎
🔥 Key Highlights: • Dec. 29: Another BTC added to the portfolio! • Total investment up 108% (avg. purchase price: $45,450). 📈 • First BTC purchase: Sept. 2021, when Bitcoin became legal tender.
El Salvador trails only USA, China, UK, Ukraine, and Bhutan in national BTC holdings. 🇸🇻💥 Despite IMF pushback, El Salvador continues its Bitcoin journey with plans to accelerate purchases. 🏦⚡
Pepe, the 3rd-largest memecoin by market cap, followed general memecoin trends. 📊 It surged to $0.000026 on Dec. 9 but dropped to $0.000017 by Dec. 20.
Key Events: • Dec. 4: Binance.US listed Pepe to compete in the memecoin market. 🏦 • Other exchanges like Coinbase listed Moodeng (MOODENG), Mog (MOG), and Dogwifhat (WIF). 🐕💰 • Pepe hit an all-time high after Binance listing, even surpassing Uniswap’s UNI in market cap on Dec. 7. 🚀
Market Growth: • Start of 2024: $591M market cap. • Post-listing: Over $11B market cap, a whopping 18x increase! 💥
$AVAX faces resistance at the moving averages. Support lies at $35.50 and $33.50; a breakdown may lead to $30.50. A recovery above $42.11 could target $44.70 and $47.31.
$ADA turned down from the H&S neckline. Bulls may defend $0.80, aiming for a rally to $1.20 if they break $0.96. A fall below $0.76 could push the price to $0.50.
$DOGE rally fell short of the 20-day EMA ($0.35). A drop below $0.30 may lead to $0.27–$0.23 support. Bulls need to reclaim the moving averages to target $0.43.
$SOL turned down from the 20-day EMA ($203) and may drop to the uptrend line. A break below could lead to $155, attracting buyers. A rebound above the EMA might spark a rally toward $221.
$BNB failed to break $722 resistance on Dec. 27. A drop below the 20-day EMA ($689) could lead to $668 and strong support at $635, likely keeping the pair range-bound between $635 and $722.
A rebound off the 20-day EMA might spark another attempt to break $722, potentially targeting $760 and $794. WOW!
$XRP closed below the 20-day EMA ($2.23) on Dec. 26, hinting at a drop to the support line. The XRP/USDT pair may stay within the symmetrical triangle pattern for now, with no clear advantage for bulls or bears.
A breakout above the resistance line could push the price to $2.91, while a breakdown below support might lead to a decline toward $1.62.
$BTC has fallen below the 50-day SMA ($95,406). A close below this level could lead to a drop to $90,000. If this support breaks, the price may fall to $85,000 and $73,777. A move above $100,000 could trigger a rally to the all-time high of $108,353.