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Crypto Outlook 2024: Hereâs When Bitcoin Price Will Hit New ATH
The post Crypto Outlook 2024: Hereâs When Bitcoin Price Will Hit New ATH appeared first on Coinpedia Fintech News
Renowned crypto analyst Stockmoney Lizards recently offered insights into the cryptocurrency market, focusing on current and future trends. Itâs important to note that these opinions should not be taken as financial advice.
#Bitcoin This is our personal roadmap for this cycle. The most important key takeway message:1. Bullish momentum will continue, driven by mass adoption (ETFs, big institutions buying)2. We expect volatility and a possible correction in the mid-30ks in Q1 20243. New ATH in⊠pic.twitter.com/t9xJYCsUSU
â Stockmoney Lizards (@StockmoneyL) December 31, 2023
Key Predictions:
Bullish Momentum Continues: Stockmoney Lizards points out the ongoing bullish trend in the crypto market. This optimism is largely due to the growing acceptance of Bitcoin, the launch of Bitcoin ETFs, and increased investment from institutional players. Bitcoinâs role as âdigital goldâ and its use as a hedge against inflation also add to this positive outlook.
Expect Volatility and Corrections: Despite the bullish trend, Stockmoney Lizards anticipates some volatility and a possible correction, especially in early 2024, where prices might dip to the mid-$30,000 range. This is a realistic take on the marketâs short-term fluctuations.
New Peaks and Halving Impact: The analysis foresees Bitcoin reaching new all-time highs (ATHs) in 2024, fueled by its halving event and broader adoption. Drawing from past trends, another ATH is projected for late 2025, offering a long-term view for investors.
Macro Factors in Play: Considering broader economic issues like recession and inflation, these are favorable for Bitcoin. The belief in Bitcoin as a stable value store during economic turmoil bolsters confidence that the current bull run will continue.
Continued Bull Run: Various catalysts are expected to sustain the marketâs upward movement. This confidence stems from both internal crypto market dynamics and external economic conditions.
Conclusion:
Stockmoney Lizards provides a detailed crypto market analysis, blending technical insights with macroeconomic understanding. Acknowledging possible market corrections while emphasizing Bitcoinâs resilience in tough economic times offers a balanced perspective. This analysis is meant to inform and educate crypto enthusiasts, but readers should conduct their research before making investment decisions.
Renowned crypto analyst Stockmoney Lizards recently offered insights into the cryptocurrency market, focusing on current and future trends. Itâs important to note that these opinions should not be taken as financial advice.
#Bitcoin This is our personal roadmap for this cycle. The most important key takeway message:1. Bullish momentum will continue, driven by mass adoption (ETFs, big institutions buying)2. We expect volatility and a possible correction in the mid-30ks in Q1 20243. New ATH in⊠pic.twitter.com/t9xJYCsUSU
â Stockmoney Lizards (@StockmoneyL) December 31, 2023
Key Predictions:
Bullish Momentum Continues: Stockmoney Lizards points out the ongoing bullish trend in the crypto market. This optimism is largely due to the growing acceptance of Bitcoin, the launch of Bitcoin ETFs, and increased investment from institutional players. Bitcoinâs role as âdigital goldâ and its use as a hedge against inflation also add to this positive outlook.
Expect Volatility and Corrections: Despite the bullish trend, Stockmoney Lizards anticipates some volatility and a possible correction, especially in early 2024, where prices might dip to the mid-$30,000 range. This is a realistic take on the marketâs short-term fluctuations.
New Peaks and Halving Impact: The analysis foresees Bitcoin reaching new all-time highs (ATHs) in 2024, fueled by its halving event and broader adoption. Drawing from past trends, another ATH is projected for late 2025, offering a long-term view for investors.
Macro Factors in Play: Considering broader economic issues like recession and inflation, these are favorable for Bitcoin. The belief in Bitcoin as a stable value store during economic turmoil bolsters confidence that the current bull run will continue.
Continued Bull Run: Various catalysts are expected to sustain the marketâs upward movement. This confidence stems from both internal crypto market dynamics and external economic conditions.
Conclusion:
Stockmoney Lizards provides a detailed crypto market analysis, blending technical insights with macroeconomic understanding. Acknowledging possible market corrections while emphasizing Bitcoinâs resilience in tough economic times offers a balanced perspective. This analysis is meant to inform and educate crypto enthusiasts, but readers should conduct their research before making investment decisions.
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make eye on it it will give you a good profit
i sure you this will pump so buy xlmusdt for great earning profit #MarketUptick
đŁ Whale Moves Signal Market Uptick as $960 Million in BTC and ETH Options Near Expiry
The crypto market is buzzing with anticipation as options contracts worth a staggering $960 million are set to expire soon. But here's the twist: whales are increasing their positions, hinting at a potential market uptick. Intrigued? Let's dive into the data and explore what this could mean for both Bitcoin and Ethereum.
đ The Numbers:
According to data from Greeks.live, options contracts with a notional value of $640 million in Bitcoin (BTC) and $320 million in Ethereum (ETH) are nearing their expiration date. Specifically, 23,000 BTC options with a Put Call Ratio of 0.82 and a max pain point of $28,000 are expiring. In parallel, 210,000 ETH options with a Put Call Ratio of 0.84 and a max pain point of $1,600 are also on the verge of expiry.
đ What are Whales Doing?
Interestingly, whales are increasing their positions in these options, suggesting a bullish sentiment. This could be a strategic move to capitalize on the volatility that often accompanies such large expirations.
đŻ Why This Matters:
Think of these expiring options like a ticking time bomb. When they expire, they can either explode, causing market chaos, or fizzle out, leaving the status quo intact. The actions of whales often serve as a barometer for market sentiment, and right now, the needle is pointing towards a potential uptick
đŹ Engage with Us:
What do you think will happen when these options expire? Are you bullish or bearish on BTC and ETH? Share your thoughts in the comments below.
#BinanceSquare #BTCOptions #ETHOptions #CryptoWhales #MarketUptick
The crypto market is buzzing with anticipation as options contracts worth a staggering $960 million are set to expire soon. But here's the twist: whales are increasing their positions, hinting at a potential market uptick. Intrigued? Let's dive into the data and explore what this could mean for both Bitcoin and Ethereum.
đ The Numbers:
According to data from Greeks.live, options contracts with a notional value of $640 million in Bitcoin (BTC) and $320 million in Ethereum (ETH) are nearing their expiration date. Specifically, 23,000 BTC options with a Put Call Ratio of 0.82 and a max pain point of $28,000 are expiring. In parallel, 210,000 ETH options with a Put Call Ratio of 0.84 and a max pain point of $1,600 are also on the verge of expiry.
đ What are Whales Doing?
Interestingly, whales are increasing their positions in these options, suggesting a bullish sentiment. This could be a strategic move to capitalize on the volatility that often accompanies such large expirations.
đŻ Why This Matters:
Think of these expiring options like a ticking time bomb. When they expire, they can either explode, causing market chaos, or fizzle out, leaving the status quo intact. The actions of whales often serve as a barometer for market sentiment, and right now, the needle is pointing towards a potential uptick
đŹ Engage with Us:
What do you think will happen when these options expire? Are you bullish or bearish on BTC and ETH? Share your thoughts in the comments below.
#BinanceSquare #BTCOptions #ETHOptions #CryptoWhales #MarketUptick