As mentioned in the previous post, BTC is gradually declining and approaching the 90k level.
Will 90k hold strong and lead to a rebound to 101.5k?
The Fear and Greed Index remains high at 54. On the other hand, we are still in a bull market.
The MACD is positive on the 4-hour timeframe, while the RSI indicates BTC is nearing a short-term reversal, suggesting a potential minor upward movement.
Volume is present, albeit modest, but it has the potential to spike rapidly. Market capitalization shows that funds are still flowing out (see the attached screenshot).
BTC remains dominant, holding nearly 57% of the market share, which is preventing altcoins from gaining momentum.
If BTC experiences a further drop and its dominance decreases, we might witness a significant rise in altcoins.
Could this happen during the upcoming Christmas period? It’s possible.
There’s substantial potential for gains in the coming months, particularly with altcoins that have strong fundamentals. Stay prepared!
This is not a financial advise. Always Do Your Own Research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can all grow together.
If you found this post helpful, please like and share!
#BitwiseBitcoinETF The Bitwise Bitcoin ETF represents a significant step in integrating cryptocurrencies into mainstream financial markets. Here’s an overview of its investment and future opportunities:
Investment Benefits
1. Access to Bitcoin:
Enables investors to gain exposure to Bitcoin without directly owning or managing it, which reduces the complexity of handling wallets and private keys.
2. Institutional Backing:
Bitwise is a reputable asset manager, providing trust and transparency, appealing to both retail and institutional investors.
3. Tax-Advantaged Structure:
ETFs often provide more favorable tax treatment compared to direct crypto holdings.
4. Regulated Market:
Operates in a regulated framework under the SEC, offering additional security to investors.
Future Opportunities
1. Increased Institutional Adoption:
The ETF is likely to attract institutional players like pension funds and hedge funds, increasing the overall demand for Bitcoin.
2. Market Expansion:
More countries may follow the U.S. in approving similar ETFs, creating a global market for Bitcoin ETFs.
The adoption of ETFs could lead to derivative products like options or futures tied to Bitcoin ETFs.
3. Broader Cryptocurrency ETFs:
Bitwise and other managers may launch multi-asset crypto ETFs, broadening the scope to include Ethereum, Solana, or other blockchain assets.
4. Growth in Bitcoin Price:
As ETFs purchase #Bitcoin to back their funds, it could drive upward pressure on the price, benefiting investors indirectly.
5. Integration with Financial Services:
Partnerships with fintech companies or integration with investment apps could make these ETFs widely accessible.
6. Volatility Management:
More liquidity from ETFs could stabilize Bitcoin's market volatility.
#Crypto2025Trends As of December 27, 2024, the cryptocurrency market is exhibiting notable trends and projections for January 2025.
Current Market Overview:
Key Trends and Projections for January 2025:
1. Bitcoin's Potential Peak:
Analysts suggest that Bitcoin may reach its cycle peak around mid-January 2025, potentially achieving new all-time highs. Historical patterns indicate that Bitcoin's peak could occur approximately 318 days after its previous cycle low, placing the anticipated peak around January 17, 2025.
2. Ethereum's Anticipated Outperformance:
Experts predict that Ethereum (ETH) may outperform Bitcoin (BTC) in January 2025. Factors contributing to this projection include significant inflows into Ethereum ETFs and historical seasonal strength during the first quarter. The ETH/BTC ratio is expected to rise, indicating Ethereum's relative strength.
3. Regulatory Developments:
The European Union's Markets in Crypto-Assets Regulation (MiCA) is set to take effect on December 30, 2024, introducing stringent standards for crypto assets within the EU. Concurrently, President-elect Donald Trump's pro-crypto stance in the U.S. may create a more favorable environment for cryptocurrency growth, potentially influencing market dynamics in January 2025.
4. Market Volatility and Investment Considerations:
Despite recent gains, the cryptocurrency market remains volatile. Financial advisors recommend cautious investment strategies, suggesting limited exposure to cryptocurrencies within diversified portfolios. The introduction of Bitcoin ETFs offers a more accessible investment vehicle for those interested in entering the crypto market.
Conclusion:
The cryptocurrency market is poised for significant activity in January 2025, with potential peaks in Bitcoin's value, anticipated outperformance by Ethereum, and evolving regulatory landscapes. Investors should remain informed and exercise caution, considering the inherent volatility and rapidly changing dynamics of the crypto market.
#ReboundRally The support at $92k held strong, forming a double bottom, which led to a rebound up to $99.5k, as anticipated in my previous post.
After reclaiming $96.5k, this level has not yet been retested. However, BTC has also failed to break through $99.5k. Only a breakout above this level could pave the way for higher highs in the short term. In the long term, I still expect a more significant pullback.
The Fear and Greed Index has risen to 64.
On the 15-minute time frame, the MACD and RSI remain positive, indicating a potential minor upward movement.
Market capitalization data shows funds are starting to flow back in (see the attached screenshot).
$BTC remains dominant, holding 57% of the market share. As a result, altcoins are underperforming once again.
This is not financial advice—always do your own research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can grow together.
If you found this post helpful, please like and share! #Write2Earn!
As mentioned in the previous post, BTC is gradually declining and approaching the 90k level.
The support at 92k hold strong and formed a double bottom, will this lead to a rebound to 100k?
The Fear and Greed Index remains high at 55. On the other hand, we are still in a bull market.
The MACD and the RSI are positive on the 4-hour timeframe, suggesting a potential minor upward movement.
Market capitalization shows that funds are now flowing in again (see the attached screenshot).
$BTC remains dominant, holding 56.19% of the market share. The small decrease made it possible to let altcoins to rise gaining momentum. More green on the way.
If BTC experiences a further drop and its dominance decreases, we might witness a significant rise in altcoins.
Could this happen during the upcoming Christmas days? It’s possible.
There’s substantial potential for gains in the coming months, particularly with altcoins that have strong fundamentals.
This is not a financial advise. Always Do Your Own Research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can all grow together.
If you found this post helpful, please like and share!
As mentioned in the previous post, BTC is gradually declining and approaching the 90k level.
The support at 92k hold strong and formed a double bottom, will this lead to a rebound to 100k?
The Fear and Greed Index remains high at 55. On the other hand, we are still in a bull market.
The MACD and the RSI are positive on the 4-hour timeframe, suggesting a potential minor upward movement.
Market capitalization shows that funds are now flowing in again (see the attached screenshot).
$BTC remains dominant, holding 56.19% of the market share. The small decrease made it possible to let altcoins to rise gaining momentum. More green on the way.
If BTC experiences a further drop and its dominance decreases, we might witness a significant rise in altcoins.
Could this happen during the upcoming Christmas days? It’s possible.
There’s substantial potential for gains in the coming months, particularly with altcoins that have strong fundamentals.
This is not a financial advise. Always Do Your Own Research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can all grow together.
If you found this post helpful, please like and share!
As mentioned in the previous post, BTC is gradually declining and approaching the 90k level.
Will 90k hold strong and lead to a rebound to 101.5k?
The Fear and Greed Index remains high at 54. On the other hand, we are still in a bull market.
The MACD is positive on the 4-hour timeframe, while the RSI indicates BTC is nearing a short-term reversal, suggesting a potential minor upward movement.
Volume is present, albeit modest, but it has the potential to spike rapidly. Market capitalization shows that funds are still flowing out (see the attached screenshot).
BTC remains dominant, holding nearly 57% of the market share, which is preventing altcoins from gaining momentum.
If BTC experiences a further drop and its dominance decreases, we might witness a significant rise in altcoins.
Could this happen during the upcoming Christmas period? It’s possible.
There’s substantial potential for gains in the coming months, particularly with altcoins that have strong fundamentals. Stay prepared!
This is not a financial advise. Always Do Your Own Research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can all grow together.
If you found this post helpful, please like and share!
#BTCOutlook The pullback isn't over yet, and even if $BTC moves higher, take a closer look at the chart. 99.6k retest is possible.
Still we can't exclude that BTC will touch 90k! So be carefull.
MACD is positive on 4h time frame. RSI shows that it is possible to rise a little bit.
The market capital shows that money is outflowing and we reached a new low. See attached screenshoot.
For this reason, I’ve taken a small short position, and if the market moves slightly higher, I plan to increase my short.
If there’s another market crash, I want to be on the right side of the trade.
Still I'm convinced that altcoins with solid fundamentals are in a good price category. There is potential for gains in the coming months.
This isn’t meant to scare anyone, nor is it financial advice. Always Do Your Own Research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can all grow together. If you found this post helpful, please like and share!
As mentioned in the previous post, BTC is gradually declining and approaching the 90k level.
Will 90k hold strong and lead to a rebound to 101.5k?
The Fear and Greed Index remains high at 54. On the other hand, we are still in a bull market.
The MACD is positive on the 4-hour timeframe, while the RSI indicates BTC is nearing a short-term reversal, suggesting a potential minor upward movement.
Volume is present, albeit modest, but it has the potential to spike rapidly.
Market capitalization shows that funds are still flowing out (see the attached screenshot).
BTC remains dominant, holding nearly 57% of the market share, which is preventing altcoins from gaining momentum.
If BTC experiences a further drop and its dominance decreases, we might witness a significant rise in altcoins.
Could this happen during the upcoming Christmas period? It’s possible.
There’s substantial potential for gains in the coming months, particularly with altcoins that have strong fundamentals. Stay prepared!
This is not a financial advise. Always Do Your Own Research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can all grow together.
If you found this post helpful, please like and share!
#BTCOutlook The pullback isn't over yet, and even if $BTC moves higher, take a closer look at the chart. 99.6k retest is possible.
Still we can't exclude that BTC will touch 90k! So be carefull.
MACD is positive on 4h time frame. RSI shows that it is possible to rise a little bit.
The market capital shows that money is outflowing and we reached a new low. See attached screenshoot.
For this reason, I’ve taken a small short position, and if the market moves slightly higher, I plan to increase my short.
If there’s another market crash, I want to be on the right side of the trade.
Still I'm convinced that altcoins with solid fundamentals are in a good price category. There is potential for gains in the coming months.
This isn’t meant to scare anyone, nor is it financial advice. Always Do Your Own Research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can all grow together. If you found this post helpful, please like and share!
#MarketPullback The pullback isn't over yet, and even if $BTC moves higher, take a closer look at the chart.
Does anyone know what this candle represents? To me, it resembles a gravestone doji, though I’m no expert.
In my view, it's more evident that we’re at the top of the hill, with higher probabilities of a downturn rather than a significant rise.
For this reason, I’ve taken a small short position, and if the market moves slightly higher, I plan to increase my short.
If there’s another market crash, I want to be on the right side of the trade.
I also believe that #BTC’s long-term potential remains strong, and by March 2025, the market could rise again, as it typically does in cycles.
However, for now, I’m choosing to be cautious this month and avoid unnecessary risks during a possible crash.
The last two days have shown us a glimpse of what such a scenario could look like.
Personally, I’ve started accumulating altcoins with solid fundamentals. Prices are very low, and if they dip further, I’ll add more. I see strong potential for gains in the coming months.
This isn’t meant to scare anyone, nor is it financial advice. Always Do Your Own Research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can all grow together.
If you found this post helpful, please like and share!
Take a look on the chart. Somebody nows what that candle means? For me it looks like a grave doji. But I'm not an expert.
Moreover for me it's much more evident that we are on the top of the hill and there are much more probabilities that it comes down that it will rise much more.
For this reason I'm short positioned with a small amount and if the market goes a litle bit up I will short more.
If the market crashs again, I'm on the right direction.
I believe also that #BTC is not over and in March 2025 the market will rise again like is doing every year.
But for this month I prefer to be cautious and don't want to risk nothing when it will crash. In the last two days we had a test of what it means.
I don't want to scare nobody. This is not a financial advise. DYOR.
Feel free to comment below and to share your ideas and your researchs that can help all of us to groove together.
The first correction arrived, and it will not stop. I tried to advise in the beginning of december about. Read my post you can learn a lot. Experience that I did in the past and lost a lot of money to do it.
What next?
Probably first rebounce will be around 90k (Yellow line). Second rebounce will be around 80k (Red line).
BTC retest the resistance at 97.2k.
Strong support levels are now 94.5k, 90k, 80k. Position your self wisely.
After the dump will finish there is a good opportunity to re-enter altcoins with good fundamentals.
Let's see where the market is going.
This is not a financial advise. DYOR. #Write2Earn! #BTC #LDO #ARB
The first correction arrived, and it will not stop. I tried to advise in the beginning of december about. Read my post you can learn a lot. Experience that I did in the past and lost a lot of money to do it.
What next?
Probably first rebounce will be around 90k (Yellow line). Second rebounce will be around 80k (Red line).
BTC retest the resistance at 97.2k.
Strong support levels are now 94.5k, 90k, 80k. Position your self wisely.
After the dump will finish there is a good opportunity to re-enter altcoins with good fundamentals.
Let's see where the market is going.
This is not a financial advise. DYOR. #Write2Earn! #BTC #LDO #ARB
The first correction arrived, and it will not stop. I tried to advise in the beginning of december about. Read my post you can learn a lot. Experience that I did in the past and lost a lot of money to do it.
What next?
Probably first rebounce will be around 90k (Yellow line). Second rebounce will be around 80k (Red line).
BTC retest the resistance at 97.2k.
Strong support levels are now 94.5k, 90k, 80k. Position your self wisely.
After the dump will finish there is a good opportunity to re-enter altcoins with good fundamentals.