#ChristmasMarketAnalysis History doesn't repeat itself, but it does rhyme. Christmas is coming, and the New Year of 2025 is approaching. Christmas, New Year, Trump's inauguration, Bitcoin's half-year reduction... With these buffs, Bitcoin may be expected to end the adjustment and return to the upward track again. Christmas is coming, is the crypto market correction over? The Federal Reserve announced a rate cut last week and lowered the possibility of further rate cuts, leading to a global market collapse. Bitcoin fell from its historical high of 108,000 to around 90,000 US dollars in just a few days. Altcoin were in a bloodbath, and some tokens lost all their gains during the bull market. Matt Hougan, chief investment officer at Bitwise Asset Management, attributed the recent crypto market pullback to a “natural unwinding of leverage,” and stressed that “the long-term drivers remain intact and we are still in a strong bull market.” This pullback caused a large-scale liquidation and reduced market leverage. At the same time, Christmas will come this week, and the global market may usher in a "Christmas rally". The "Christmas rally" refers to the last five trading days of the year and the first two trading days of the New Year. Historically, the US stock market has a positive trend in these seven days. Bitcoin is currently greatly affected by the trend of US stocks and gold. If the stock market is doing well, this may drive the sentiment of the crypto market up. Historically, Bitcoin has often surged during and after the “half-year” Christmas season, such as in 2016 and 2020. This increases expectations that Bitcoin will surge in the short term.
#ChristmasMarket Analysis History doesn't repeat itself, but it does rhyme. Christmas is coming, and the New Year of 2025 is approaching. Christmas, New Year, Trump's inauguration, Bitcoin's half-year reduction... With these buffs, Bitcoin may be expected to end the adjustment and return to the upward track again. Christmas is coming, is the crypto market correction over? The Federal Reserve announced a rate cut last week and lowered the possibility of further rate cuts, leading to a global market collapse. Bitcoin fell from its historical high of 108,000 to around 90,000 US dollars in just a few days. Altcoin were in a bloodbath, and some tokens lost all their gains during the bull market. Matt Hougan, chief investment officer at Bitwise Asset Management, attributed the recent crypto market pullback to a “natural unwinding of leverage,” and stressed that “the long-term drivers remain intact and we are still in a strong bull market.” This pullback caused a large-scale liquidation and reduced market leverage. At the same time, Christmas will come this week, and the global market may usher in a "Christmas rally". The "Christmas rally" refers to the last five trading days of the year and the first two trading days of the New Year. Historically, the US stock market has a positive trend in these seven days. Bitcoin is currently greatly affected by the trend of US stocks and gold. If the stock market is doing well, this may drive the sentiment of the crypto market up. Historically, Bitcoin has often surged during and after the “half-year” Christmas season, such as in 2016 and 2020. This increases expectations that Bitcoin will surge in the short term.
#BTCOutlook $BTC crashes: $200 → $50 $1,200 → $200 $20,000 → $3,000 $70,000 → $15,000 $120,000 → $???? 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.
#MarketPullback 📰 Breaking News: PEPE Market Experiences Pullback 🐸📉 🐸💹 The popular memecoin, PEPE, has faced a significant market pullback, leaving investors re-evaluating their positions. 🚨 📉 Price Action: PEPE's value has dropped by over X% in the last 24 hours, raising concerns about market sentiment. 📊💔 💭 What Happened? 🦈 Whale Sell-Offs: Large holders took profits, triggering a sell-off. 🛑 Market FUD: Increased uncertainty in the broader crypto market. 🕵️♂️ Low Volume: Reduced buying pressure added to the decline. 📈 Community Outlook Despite the downturn, loyal PEPE supporters 🐸💚 remain optimistic, citing this as a temporary correction. Many believe the token will rebound stronger. 💪🚀 💡 Expert Insight Crypto analysts suggest that PEPE's future will depend on market stability and community-driven initiatives. 🌐✨ 📣 Stay Tuned for updates as the PEPE saga unfolds! 🐸🔥
BTC Update: 12 Days Left! We have 12 days left to maintain the narrative. If we continue to fall, it could mark the first time in a halving cycle that $BTC doesn’t close all three months of Q4 in green. . For the first time, we might see a red December and a red monthly close during a halving! . After a long Bullish Rally and Non-Stop Green Candles, finally BITCOIN formed Engulfing long RED Weekly candle. What this entails, most $BTC holders right now FEAR - has this BULL RUN ended? Only time will tell, however year's about to close and people will be on vacations - indicating low volume tides and when this happens, BTC might experience pullback to atleast low 80K. . With Short term pullback in sight, don't get me wrong because long term BITCOIN is still bullish and 1-2 weeks into the new year 2025 you'll start seeing BITCOIN regaining momentum again - targeting 120K! What are your predictions? Comment 'Signal' for more signals 🫡 Follow me DYOR $BTC $ETH
#BTCNextMove BTC Update: 12 Days Left! We have 12 days left to maintain the narrative. If we continue to fall, it could mark the first time in a halving cycle that $BTC doesn’t close all three months of Q4 in green. . For the first time, we might see a red December and a red monthly close during a halving! . After a long Bullish Rally and Non-Stop Green Candles, finally BITCOIN formed Engulfing long RED Weekly candle. What this entails, most $BTC holders right now FEAR - has this BULL RUN ended? Only time will tell, however year's about to close and people will be on vacations - indicating low volume tides and when this happens, BTC might experience pullback to atleast low 80K. . With Short term pullback in sight, don't get me wrong because long term BITCOIN is still bullish and 1-2 weeks into the new year 2025 you'll start seeing BITCOIN regaining momentum again - targeting 120K! What are your predictions? Comment 'Signal' for more signals 🫡 Follow me DYOR $BTC $ETH