#ReboundRally Bitcoin bulls everywhere may be in for a green Christmas as BTC price action sees a snap rebound.
Recent data indicates that Bitcoin (BTC) has hit new local highs, reaching approximately $98,020 following an influx of purchasing activity from “large spot buyers.” This marked an increase of over 3% on the day and has prompted renewed discussions within the community regarding the potential for a “Santa rally”—a term commonly associated with stock market gains during the holiday season.
Looking ahead, the direction of Bitcoin’s price will heavily depend on several factors, including market sentiment, external economic influences, and the overall trajectory of trading volumes. Analysts continue to monitor key resistance levels, noting that subsequent rallies will require consistent buying pressure coupled with diminishing bearish momentum. Bitcoin’s ability to sustain above the $98,000 mark could signal further upward potential as the year closes.
#MarketRebound 2024 став свідком драматичного відновлення на ринку криптовалют. Незважаючи на нещодавнє зниження, біткоїн досяг 100 тисяч доларів, побивши попередні рекорди, завдяки інституційним інтересам, макроекономічним факторам та виборами в США. Поза політичною спекуляцією, справжнім рушієм є зростаючий інституційний інтерес. Ринок криптовалют готовий до значного зростання в 2025 році, підживлюваного досягненнями 2024 року, такими як халвінг біткоїна, затвердження ETF та про-крипто політики Трампа. Завдяки потенційній інтеграції біткоїна в економічні структури, зростаючій популярності альткоїнів та токенізації реальних активів, ринок готовий до інновацій та розширення. Незважаючи на регуляторні виклики, прогнози залишаються оптимістичними, з прогнозом, що біткоїн досягне нових рекордів, а криптоекосистема змінить традиційні фінанси.
#MarketRebound 2024 witnessed a dramatic rebound in the cryptocurrency market. Despite a recent pull-back, bitcoin hit $100K, shattering previous highs, driven by institutional interest, macroeconomic factors and the US election. Beyond political speculation, one real driver is growing institutional interest.
The cryptocurrency market is set for remarkable growth in 2025, fueled by 2024's milestones such as Bitcoin's halving rally, ETF approvals, and Trump’s pro-crypto policies. With Bitcoin’s potential integration into economic frameworks, rising altcoin adoption, and the tokenization of real-world assets, the market is poised for innovation and expansion. Despite regulatory challenges, the outlook remains optimistic, with Bitcoin projected to reach new highs and the crypto ecosystem reshaping traditional finance.
#ChristmasMarketAnalysis Різдво та Новий рік – це періоди часу, коли ми даруємо одне одному подарунки, щоб відсвяткувати щастя та кохання з усіма людьми, які нам дорогі.
Найбільша проблема, з якою люди стикаються в цей період часу - знайти особливий подарунок, який не буде звичайним, але водночас корисним для людини, якій ми плануємо його піднести.
Тому я хочу сказати, що пропозиція криптовалютних різдвяних подарунків є унікальною та оригінальною ідеєю подарунка для ваших близьких, щоб познайомити їх зі світом криптовалют або також як різдвяний подарунок для любителів криптовалют. $ETH $SOL $BNB
#ChristmasMarketAnalysis BTC has already recorded an 8.71% increase this December. If historical trends hold true, the cryptocurrency could see further gains next week, potentially edging closer to the $120,000 mark.
BTC has already recorded an 8.71% increase this December. If historical trends hold true, the cryptocurrency could see further gains next week, potentially edging closer to the $120,000 mark.
Bitcoin's price action during the holiday season can be unpredictable, as past trends show. Regardless of market direction, we provide you with expertly analyzed key price levels that our algorithm monitors for Bitcoin futures.
#ChristmasMarketAnalysis It is important to note that Bitcoin’s price doesn’t consistently rise every Christmas season. However, in bullish market phases, the cryptocurrency tends to perform strongly during this period. Conversely, bear markets have typically brought significant Christmas Bitcoin price declines during the festive season.
Bitcoin saw a significant rally during Christmas week in previous halving years. For example, in 2020, Bitcoin surged by 25.63% during the 52nd week. Similarly, in 2016, it gained 11.25%, and in 2012, it recorded another impressive double-digit increase.
BTC has already recorded an 8.71% increase this December. If historical trends hold true, the cryptocurrency could see further gains next week, potentially edging closer to the $120,000 mark.
#ChristmasMarketAnalysis As the countdown to Christmas begins, the crypto market is buzzing with anticipation to see if the festive spirit will ignite a record-breaking rally this year. Historically, Bitcoin (BTC) has delivered a “Santa Rally” during halving years, characterized by bullish price movements in the week leading up to Christmas.
Bitcoin saw a significant rally during Christmas week in previous halving years. For example, in 2020, Bitcoin surged by 25.63% during the 52nd week. Similarly, in 2016, it gained 11.25%, and in 2012, it recorded another impressive double-digit increase.
BTC has already recorded an 8.71% increase this December. If historical trends hold true, the cryptocurrency could see further gains next week, potentially edging closer to the $120,000 mark.
#BTCOutlook Bitcoin surged above the $100K milestone this year for the first time, a historic event for the overall crypto industry.
However, the launch of spot Bitcoin ETFs in the US in January 2024 gave an accessible avenue for institutional and retail investors to gain exposure to Bitcoin without the complexities of direct ownership. This was followed by corporate accumulation led by MicroStrategy, Marathon Digital, Galaxy Digital Holdings, Tesla, Riot Platforms and others, leading to the surge in demand for Bitcoin.
Bitcoin’s fourth halving event fueled the ongoing rally, leading to a 50% reduction in supply inflation and an inherent increase in issuance scarcity. Political developments further shaped the industry with the victory of a crypto-friendly candidate Donald Trump, the resignation by SEC chair Gary Gensler, expectations of favorable regulations and looser monetary policy in the US and other large economies pushed BTC to a new highs.
With many of these factors expected to extend into 2025, technical analysis and expert insights support a bullish outlook for BTC, with price targets exceeding $200K by the end of next year.
#MarketPullback A crypto pullback, also known as a retracement, is a temporary reversal in the price movement of a cryptocurrency. A pullback occurs when the price of a crypto asset experiences a short-term decline after a period of upward movement.
A Bitcoin slide from a record high earlier this week extended to more than 10%, as reduced scope for looser US monetary policy dampened speculative zeal.
The price of the original cryptocurrency dropped as low as $95,234 on Friday at 9 a.m. in London after setting an all-time high just above $108,000 earlier in the week. The downturn weighed heavier on smaller tokens like Ether and Dogecoin.
#PAWS PAWS is an app similar to DOGS. You can get free points for the age of your Telegram account, as well as for activity in other apps (Notcoin, DOGS, Hamster Kombat). Good luck 🤞
you can use BNB for Transaction fees on Binance with a discount.
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#Solana procesa un número récord de transacciones tras lanzar $PENGU
🟣 Solana establece un nuevo récord en número de transacciones diarias.
Tras el lanzamiento de la memecoin PENGU, la red procesó 66,9 millones de transferencias.
Una criptomoneda de la colección NFT de Pudgy Penguins ha atraído a una gran cantidad de entusiastas de las criptomonedas.
☝️ La red Solana registró un máximo histórico en el número de transacciones diarias.
El aumento de la actividad está asociado con el lanzamiento del token PENGU de la colección NFT de Pudgy Penguins
🚀 Esta semana, el número de transacciones diarias en la blockchain de Solana alcanzó los 66,9 millones, el número más alto desde el inicio de la red en 2020.
#Pengu impulsa la actividad en Solana
El lanzamiento de la memecoin PENGU de Pudgy Penguins causó un gran revuelo entre los entusiastas de las criptomonedas.
El airdrop comenzó el martes. En la primera hora, más de 100 mil usuarios obtuvieron criptomonedas gratis.
Mientras tanto, el sitio web del proyecto NFT fue visitado más de 4,7 millones de veces durante este tiempo.