MicroStrategy bought 5.61 Bitcoin for $106,662 each. It is unclear whether this was financed or bought at $106,662, but it shows how optimistic MicroStrategy is about the future. Since Trump won the U.S. presidential election on November 5, the price of Bitcoin has continued to rise, setting a record for the longest seven-week consecutive increase since 2021.

Data shows that during this period, U.S. spot Bitcoin ETF products attracted a net inflow of $12.2 billion, and Ethereum ETF products also received a net inflow of $2.8 billion.

The upward trend of Bitcoin is recovering after a brief consolidation. As emphasized last Friday, cryptocurrency exchanges are experiencing a massive outflow of funds, greatly reducing the availability of Bitcoin on trading platforms. At the same time, the inventory on over-the-counter trading platforms is also decreasing. These factors collectively indicate that the price of Bitcoin could be under pressure.

In addition, a new Bitcoin trading signal has been received, with 10 out of 12 based on trading model accuracy being successful; this signal is worth serious consideration.

This signal indicates that by January 20, 2025, when Trump is inaugurated, Bitcoin could soar to $120,000.

Regarding ETF fund inflows, from December 9 to 13, Eastern Time, the Bitcoin spot ETF had a net inflow of $2.17 billion in a single week, achieving net inflow for five consecutive trading days.

Among them, the BlackRock ETF IBIT ranked first with a net inflow of $1.51 billion, with a total historical net inflow of $35.88 billion; Fidelity ETF FBTC had a net inflow of $598 million, with a total historical net inflow of $12.31 billion.

In contrast, the grayscale ETF GBTC saw a net outflow of $221 million last week, with a historical cumulative net outflow of $21.05 billion.

Historically, most Christmases have had corrections, which is somewhat reminiscent of the idea that there will be a drop during meetings. Typically, when everyone expects a drop, the market tends to move in the opposite direction.

We do not need to judge whether there will be a correction this Christmas; we only need to predict the market after Christmas and in January, as well as the first half of 2025.

This is just like the U.S. elections in November; waiting for the election results to come out before taking action results in missing out, regretting it too late.

Recently, I plan to ambush a potential coin that is ready to explode, doubling it is quite simple. At the same time, I also plan to find some potential coins to hold until the end of the year, expecting a space of more than 10 times is not a problem. If you want to keep up, watch my bamboo leaves, leave a message, follow, and like, gold skirt.