#MarketNewHype Bitwise predicts Bitcoin will reach $200,000 | Meraqsam on Binance Square

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#MarketNewHype Bitwise predicts Bitcoin will reach $200,000 by the end of 2025 and expects more countries to adopt it as a reserve asset.Ethereum and Solana are forecasted to see significant growth.

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92,854.85

-0.74%

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3,355.18

-1.74%

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#XmasCryptoMiracles It seems you're interested in the recent surge in Bitcoin's price around Christmas! It's been quite a ride indeed. Here's a breakdown of what happened: * Bitcoin's Price Surge: Bitcoin's price jumped significantly on Christmas Eve, approaching the $100,000 mark. This surge was unexpected and led some to call it a "Christmas miracle." * Possible Reasons: While the exact cause is unclear, a few factors likely contributed: * Holiday Season: Lower trading volumes during the holiday season can amplify price movements.

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#ReboundRally A massive short position worth $120K was liquidated at $2.322, highlighting the intense bullish momentum behind $XRP. This liquidation adds to the pressure on bearish traders as $XRP inches closer to a potential breakout. The market is buzzing, and traders are gearing up for the next significant move.

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#MarketRebound Technical Signals Point to a Rebound: • Volume Surge: November 11 saw a 3x volume spike at key price levels, suggesting strong buyer interest. • Bollinger Bands: The bottom band is providing support, signaling oversold conditions. • 50 MA: The 50-day moving average is also acting as a support level, adding to bullish momentum. • 10% Decline Factored In: BTC already corrected by 10%, clearing some of the overbought conditions. Trend Analysis: • The overall trend remains bullish. • A key support line has been tested successfully, while a resistance line has flipped to support after being tested twice—classic bullish behavior. With strong fundamentals and technical signals aligning, Bitcoin looks ready to move upward in the near term. Stay tuned for updates and insights! Don’t forget to like, share, and follow for more crypto market analysis. Let’s make the most of these opportunities together! #BinanceAlphaAlert #GrayscaleHorizenTrust #MarketRebound #BinanceLabsBacksUsual #BinanceLaunchpoolBIO

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#BTCOutlook Did you notice that each time $BTC lost around 80% of its worth after a successful bull run. So after this bull run, BTC might drop to somewhere around $40k. To touch $120k, BTC is first heading towards a support of $85k. Stop buying for now, and fill pockets around $85k.

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#BTCNextMove Hello All, As per me there are 2 retesting pending, I am expecting this retesting to be completed by Jan ... Lets hope for the best

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