🤓 Bitcoin returned to $100,000 overnight, forming FF IMB, which acts as an FTA zone. For long positions, the closest area of interest is 4H IMB $98,602–$97,512, slightly lower is the block at $97,477–$96,509.
BTC 99 118$ ETH 3322$
Fear Index 75 Alt Season Index 53 Long/Short Ratio 76/24 Bitcoin Domination 57.83%
📈ZEREBRO Growth Leader +47% 📉LFT Fall Leader -15%
👀 Positive FUD is coming to the crypto market: VanEck has filed with the SEC to create an ETF "Onchain Economy" for investments in crypto companies; SEC under the Trump administration may review cryptocurrency policy and some lawsuits.
Memcoins are the most popular narrative in crypto in 2024
📌 CoinGecko analysts have named the most popular narratives in crypto in 2024, with memecoins, AI-based projects, and RWA narratives at the top.
Note that memes are not only in first place in terms of attention. If we add up the % of attention to AI and cat memes on the Solana and Base blockchains, the total share of the narrative is 30.67%.
👀 The market capitalization of memecoins is currently ~$113.2 billion, with Dogecoin and SHIB leading the way. According to CoinGecko, they amounted to ~$48.3 and ~$13.4 billion.
📲 What narratives do you think the future could be in 2025?
📌 As promised, we have prepared a post for you with some interesting facts about MicroStrategy.
▫️CEO CryptoQuant believes that MicroStrategy will go bankrupt only if a meteorite falls to Earth, because in 15 years the price of BTC has not been lower than the average purchase level of long-term whales. Currently it is ~$30,000. To go bankrupt you need $16,500;
▫️MicroStrategy is the only company that can compete with countries and various BTC ETF issuers in terms of the number of BTC. They hold 444,262 BTC, which is more than America (~200,000 BTC) and China (~194,000 BTC), but already slightly less than Blackrock (~558,000 BTC);
▫️MicroStrategy bought as much BTC in one month as in the last 3 years. From November 11 to December 23 of this year, 192,042 BTC were purchased, and from January 22, 2021 to September 20, 2024, the company purchased a total of 181,750 BTC, investing approximately $8.84 billion.
👀 The scale of MicroStrategy is truly impressive, however, returning to the issue of their bankruptcy, it is worth remembering that the company's current debt is $7 billion, and the value of BTC assets is $43 billion, so the liquidation price is $16,500.
📲 Do you think we will ever see such a price of $16,500 for 1 BTC?😁
Bitcoin will cost $110,000 only when no one expects it
📌 Santiment analysts believe that many expect BTC to break a new level of $110,000.
However, the conquest of new highs will happen when no one expects it and the hype fades a little.
📌 In addition, BTC reserves have fallen to their lowest levels since January 2024. This means that investors believe in the long-term prospects of BTC and are withdrawing funds to their decentralized wallets.
👀 Although we are now in the middle of a small pro-trade, many analysts expect a multiple increase in the capitalization of the crypto market during 2025, so the sentiment around the crypto sphere is quite good at the moment.
📲 Let's collect a lot of reactions and we will tell you what you can expect from the market now.
🎄 Christmas Bitcoin Price: What Does the 4-Year Cycle Look Like?
The BTC price on Christmas Eve every year almost repeats the same pattern, clearly following the 4-year halving cycle. If we believe this model, next year we can see the Bitcoin price at $200,000.
💭 Do you think we should expect such a jump, or is the market not yet ready for such heights?
We will follow the development of events, but the forecasts look very interesting!
🪙 ETH on the verge of a new breakout? Here's what awaits us!
If ETH can consolidate above $3500, the real fun will begin!
🔑 On 1D, you can see the formation of a large fake, after which market buys may fly.
And if you add the fundamentals - the growth of talk about staking and support from figures like Justin, who today stated: "I believe in ETH ecosystem" - then the opportunities for growth look even more convincing.
💭 Are you ready for a potential ETH breakout? We are waiting for the next signals and growth!
📌 The current correction began last Wednesday, when Jerome Powell said that the Fed is prohibited from owning Bitcoin, and they do not seek to change US law. Currently, analysts believe that the Fed will not be able to prevent Trump from creating a strategic BTC reserve.
The fastest way to create a BTC reserve is for Trump to issue a direct decree - to use the ESF (currency stabilization) fund to buy BTC. The Fed does not have the authority to veto this decision, say WuBlockchain analysts.
📌 Since the Republican Party has full control of the House of Representatives and the Senate, for long-term plans it is simply necessary to approve the necessary legislation for BTC through Congress.
👀 As you can see, the meaning is very simple. When you need to make a correction - you see a fad. You need to grow - the news background contributes to this.
📲 The question arises, is it necessary to be afraid of negative news at all, if it is already clear that crypto is with us for a long time?
📌 We are sure that almost everyone has a question about what to watch with a tasty treat on the weekend, so we have prepared a selection for you:
▫️The film "Trust No One: The Hunt for the Crypto King". The documentary tells the story of the sudden premature death of the founder of the cryptocurrency exchange Jerry Cotton. Investors lost millions, being left without their assets.
▫️The series "StartUp". About the creation of the cryptocurrency GenCoin and the fight against organized crime and a corrupt FBI agent.
▫️The film "CRYPTO". Shows the connection between cryptocurrencies and money laundering. The main character is a young banker from Wall Street. He investigates a complicated corruption scheme together with his childhood friend.
📲 Have you watched anything from the list? Or can you recommend something more interesting?