With the new year approaching, where do you think Bitcoin will go next? Drop your prediction for this week's $BTC closing price in the comments of this post đ đThe top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC) âźď¸Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
With the new year approaching, where do you think Bitcoin will go next? Drop your prediction for this week's $BTC closing price in the comments of this post đ đThe top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC) âźď¸Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
#ĺ ĺŻETFçłčŻˇç潎ćśç° Institutions with a high forecast for the growth of cryptocurrency ETF sizes include but are not limited to the following:
1. Bitwise: Bitwise predicts that spot Bitcoin ETFs may capture a certain share of the U.S. ETF market, estimating their assets under management could reach $72 billion. Additionally, Bitwise forecasts significant growth for Ethereum ETFs.
2. VanEck: The head of digital asset research at VanEck believes that if the current cycle maintains historical patterns, the cryptocurrency market may further grow, driving an increase in ETF sizes.
3. Matrixport: Matrixport analysts predict that the launch of Bitcoin ETFs will bring more institutional investment into the Bitcoin market, thereby raising the price of Bitcoin and the size of the ETFs.
These institutions hold an optimistic view on the future development of the cryptocurrency ETF market based on various factors such as market trends, investor interest, technological innovation, and regulatory environment, and have provided high growth forecasts.
Predictions for the growth of cryptocurrency ETF sizes in the coming years vary by source and time frame. However, overall, most forecasts believe that the cryptocurrency ETF market will continue to grow rapidly. There is a view that the assets of cryptocurrency ETFs in the United States are growing quickly and are expected to surpass precious metals ETFs by 2025. In the long term, the size of Bitcoin ETFs is expected to reach three times that of gold ETFs. At the same time, several new ETFs based on cryptocurrency derivatives are expected to be listed on U.S. exchanges. Specifically, some analysts predict that by the end of 2025, Ethereum ETFs may attract $15 billion in net inflows. Bitcoin ETFs accumulated $14 billion rapidly within six months and may exceed $50 billion by the end of 2025. Additionally, there is a view that spot Bitcoin ETFs could become the most successful ETF in history, capturing 1% of the $7.2 trillion U.S. ETF market within five years, equating to an asset management size of $72 billion. These predictions are based on a comprehensive analysis of various factors, including current market trends, investor interest, regulatory environments, and technological innovations. However, it is important to note that the cryptocurrency ETF market is still a relatively emerging and complex market, and its future development remains uncertain. Therefore, investors should remain cautious when participating in the market and closely monitor market dynamics and risk factors.$BTC
#2025ĺ ĺŻčśĺżé˘ćľ Regarding the cryptocurrency trends for 2025, here are some possible predictions:
1. More countries positioning Bitcoin reserves: By 2025, it is likely that more major countries will announce the establishment of strategic Bitcoin reserves to achieve asset diversification. This move will not only consolidate Bitcoin's status as a global reserve asset but may also reshape the landscape of international finance.
2. Accelerated growth of stablecoins: Stablecoins have become one of the most successful mainstream use cases for cryptocurrencies. The circulation of stablecoins reached an all-time high in 2024, and with the passage of specific legislation for stablecoins, their growth is expected to accelerate further in 2025.
3. Flourishing Bitcoin DeFi ecosystem: With the continuous development and improvement of second-layer (L2) networks, Bitcoin's scalability and programmability will be significantly enhanced, and decentralized finance (DeFi) applications are expected to thrive in the Bitcoin ecosystem.
4. Continued surge in crypto ETFs: Exchange-traded funds (ETFs) focused on cryptocurrencies will continue to be favored by investors, and new ETF products will continuously emerge, providing investors with more diversified investment options.
5. Tech giants entering the crypto space: With the implementation of fair value accounting rules for cryptocurrencies and the deepening understanding of cryptocurrencies by enterprises, it is likely that more tech giants will add cryptocurrencies like Bitcoin to their balance sheets.
6. Growth in crypto market users and expanded use cases: With increased institutional adoption and the continuous expansion of use cases across various fields, the number of users and transaction volume in the crypto market is expected to continue growing. Meanwhile, mobile-friendly interfaces and improved user experiences will help attract more new users.
7. Gradual clarification of the regulatory environment: After years of struggling with regulatory ambiguity, it is expected that the regulatory environment for the crypto industry will gradually become clearer by 2025. This will help enhance investor confidence and promote the healthy development of the crypto market.
In conclusion, the crypto market is expected to experience transformative growth by 2025. However, investors should remain cautious when participating in the crypto market, fully understand market risks, and develop reasonable investment strategies.
#BTCä¸ćť11ä¸ Yes, BTC (Bitcoin) has indeed shown a trend of price increase recently, and at one point approached the $110,000 mark. According to public information, the price of Bitcoin has repeatedly reached new historical highs in December 2024, influenced by various factors, including policy signals from U.S. President Trump, the influx of institutional investors, and the global economic and monetary policy environment.
After Trump was elected, he nominated Paul Atkins, who supports reducing cryptocurrency regulation, to serve as the Chairman of the U.S. Securities and Exchange Commission (SEC). This move was interpreted by the market as a signal that the U.S. might relax regulations on cryptocurrencies. Additionally, there have been reports that the Trump administration may promote Bitcoin as a 'strategic reserve asset,' which has boosted market confidence in Bitcoin.
At the same time, the large influx of institutional investors has further driven up the price of Bitcoin. For example, companies like MicroStrategy not only continue to purchase Bitcoin but have also been included in the Nasdaq 100 index, which is seen as giving Bitcoin a 'legitimate' label.
However, the rise in Bitcoin's price is not without resistance. There are also voices in the market questioning its high valuation, suggesting that this upward trend may not be sustainable. Furthermore, Bitcoin's price volatility is significant, and investors need to be cautious.
In summary, BTC's push towards $110,000 is a hot topic in the recent financial market, involving a complex interplay of various factors. Investors should fully understand the market situation and risk factors when participating in related investment activities and make rational investment decisions.
#ĺ¸ĺşĺ埚迚蹥 Altcoin season is a special period in the cryptocurrency market, usually characterized by altcoins (cryptocurrencies other than Bitcoin) consistently outperforming Bitcoin and becoming the focus of market attention. Altcoin season is a phenomenon known for creating crazy profits, occurring in all cryptocurrencies other than Bitcoin, namely altcoins. When altcoin season arrives, the prices of these altcoins soar, with some even doubling or increasing by 1000% in a short time. Altcoin season is typically accompanied by market frenzy and speculative behavior, with investor enthusiasm running high and market liquidity increasing. At the same time, the market capitalization and trading volume of altcoins also rise significantly, becoming the protagonists of the market. Historically, altcoin seasons have occurred multiple times, each time accompanied by the emergence of new technologies and market trends. For example, the altcoin season of 2017 was associated with the ICO boom and the rise of NFTs; the altcoin season of 2021 was marked by the explosive growth of DeFi, NFTs, and gaming.
#ĺ ĺŻĺ¸ĺşçć´ Here are some specific examples of consolidation periods in crypto market cycles:
Historical consolidation periods of Bitcoin
1. Consolidation after the first halving:
⢠Time: After the first Bitcoin reward halving on November 28, 2012.
⢠Consolidation period: About 1 year.
⢠**Price at the end of the sideways movement**: About $100.
⢠**Subsequent bull market high**: About $1,100 (November 2013).
2. Consolidation after the second halving:
⢠Time: After the second Bitcoin reward halving on July 9, 2016.
⢠Consolidation period: About 0.5~1.5 years.
⢠**Price at the end of the sideways movement**: About $1,000.
⢠**Subsequent bull market high**: About $19,700 (December 2017).
3. Consolidation after the third halving:
⢠Time: After the third Bitcoin reward halving on May 11, 2020.
⢠Consolidation period: About 6 months.
⢠**Price at the end of the sideways movement**: About $10,000.
⢠**Subsequent bull market high**: About $69,000 (November 2021).
4. Consolidation after the fourth halving:
⢠Time: After the fourth Bitcoin reward halving on April 19, 2024.
⢠**Consolidation situation**: Since the approval and launch of the Bitcoin and Ethereum spot ETFs in January 2024, the price was $64,000, and then entered a sideways movement. As of June 2024, Bitcoin has reached its longest consolidation period of 92 days, with lower trading volume and volatility than usual, and the price traded in a narrow range of 26%.
⢠Analysts predict: The consolidation period may extend to at least September or even October. Long-term stability could set the stage for a "substantial rise" in the asset. Once the price breaks out of this consolidation range, a massive upward rally will be witnessed.
Ethereum Consolidation
After the launch of the Ethereum ETF, the crypto market also entered a consolidation mode. Traders will focus on some economic data, hoping that these positive news will prompt relevant institutions to cut interest rates, which will bring positive market conditions.
These examples of consolidation periods show that the crypto market often enters a period of consolidation after experiencing major events (such as halving, ETF launch, etc.). The length of the consolidation period and the subsequent market trend depend on the combined effect of multiple factors, including market sentiment, macroeconomic environment, policy supervision, etc.
#ćŻçšĺ¸ĺ¸ĺşćł˘ĺ¨č§ On December 5, 2024, the global digital currency market experienced a severe fluctuation. Bitcoin (BTC) plummeted overnight from a historic high of $104,000 to below $90,000, with a single-day decline of over 10%. This volatility caught global investors off guard, triggering over $1.087 billion in liquidations, affecting more than 210,000 traders. Market technical adjustments: ⢠After Bitcoin broke through the psychological barrier of $100,000, the market needed to undergo a round of liquidations to release profit taking and prevent further bubble formation.
#BTCčľ°ĺż The current price of BTC (Bitcoin) is $94,768.07. From the analysis of recent technical indicators, the market trend is not clear. The MACD histogram remains positive and is gradually shortening, indicating a weakening of bullish strength. At the same time, the KDJ indicator shows no clear golden cross or death cross signals, reflecting a neutral state, with a KDJ value of 22, indicating a downward trend, and there is a situation of volume-price divergence.
In terms of trading strategy, based on the analysis of the recent 4-hour candlestick technical indicators, there are some suggested buy and sell points, as well as corresponding stop-loss levels. For example, the first buy point can be set at a price of 92,723.98, the second buy point at a price of 94,118.0, while the first and second sell points are at prices of 105,028.33 and 99,563.0, respectively. Meanwhile, the recent support level is at a price of 94,118.0, and the resistance level is at a price of 99,563.0.
#ĺ ĺŻĺ¸ĺşĺč° Recently, there has indeed been a pullback in the cryptocurrency market. According to the latest data from x.game, the price of Ethereum has fluctuated within a certain range, for example, on December 18, 2024, the price was between $3846 and $3941. Bitcoin also fell below $105,000 per coin. Furthermore, according to SoSoValue data, most of the cryptocurrency sector experienced a decline of about 1.5% to 3% over the past 24 hours. However, the market generally believes that this round of adjustment also provides a strategic opportunity for patient long-term investors, and the future trend is still viewed positively.
⢠On December 17, 2024, the price of Bitcoin successfully hit $108,000, setting a new record high. This breakthrough marks a strong recovery in the Bitcoin market and further recognition of digital currency in the global financial system.
⢠However, in the trading on December 19, 2024, the price of Bitcoin experienced a round of sharp decline, once falling below $100,000 and losing the $96,000 mark.
II. Market influencing factors
⢠Global economic environment: Global economic uncertainty is one of the important factors driving Bitcoin price fluctuations. When faced with economic uncertainty, investors sometimes regard Bitcoin as a safe-haven asset.
⢠Attitude of financial institutions: The gradual acceptance of digital assets by financial institutions has also had a positive impact on Bitcoin prices. With the continuous entry of institutional investors, hedge funds and large financial institutions, Bitcoin has gradually transformed from a marginal asset to an investment target with mainstream appeal.
⢠Regulatory policies: The regulatory policies of various governments on Bitcoin are also a key factor affecting its price fluctuations. Changes in regulatory policies may trigger investor sentiment fluctuations, leading to large price fluctuations. For example, China has repeatedly stepped up its crackdown on Bitcoin transactions, while El Salvador has adopted Bitcoin as legal tender, and these policies have had a significant impact on Bitcoin prices.
⢠Technical factors: Bitcoin's decentralized nature and limited supply make it regarded as "digital gold" by many investors. At the same time, technical factors such as the security, transaction speed and scalability of the Bitcoin network may also have a significant impact on the market. For example, when the Bitcoin network is congested, delays in transaction confirmation time may lead to a decline in investor confidence, thereby exacerbating price fluctuations.
III. Market Outlook
⢠Despite the volatility of the Bitcoin market, many investors remain optimistic about its long-term prospects. With the participation of more institutional investors and the market's recognition of Bitcoin as a value storage tool, future price trends are still full of expectations.
#ĺ¸ĺşč°ć´ĺžçćşäźďź The cryptocurrency market, after adjustments, will indeed present some new opportunities. First of all, with the continuous development of blockchain technology and the digital transformation of the global economy, the cryptocurrency market is increasingly becoming the focus of attention. Adjustments may make the market more rational, providing investors with a clearer investment direction. Some potential cryptocurrencies may stand out after the adjustments and become leaders in the market. Secondly, technological innovation is an important driving force for the development of the cryptocurrency market. As blockchain, cryptographic algorithms, and other technologies continue to mature and improve, the trading efficiency, security, and scalability of cryptocurrencies will be significantly enhanced, providing technical support for the widespread application of cryptocurrencies, while also bringing new investment opportunities. Furthermore, market demand is also continuously increasing. With the ongoing development of global e-commerce and cross-border transactions, the demand for cryptocurrencies as a means of payment is on the rise. Especially in some developing countries, cryptocurrencies can provide more convenient and secure financial services for those without bank accounts, which will also bring new development opportunities to the cryptocurrency market. Of course, while investors see opportunities, they should also rationally analyze market dynamics and technological innovations, and seize market opportunities well. $BNB
#ĺ ĺŻĺ¸ĺşç揢 The reasons behind the crypto market frenzy, I believe there are a few points.
First, the scalability of blockchain infrastructure has been enhanced, like Ethereum completing the merge, the consensus mechanism has changed, network scalability has improved, and various on-chain and off-chain scalability solutions are continuously being launched and optimized, making transaction processing faster, fees lower, and user experience better.
Then, the developer community remains very active, with new Web3 projects being created or excellent project updates every day, which drives continuous innovation and progress in the crypto industry.
Also, there are potential crypto-friendly policies that may come after Trump's victory, such as changes in SEC leadership, proposals for Bitcoin as a strategic reserve, and macroeconomic factors like Federal Reserve interest rate cuts, all of which provide support for the crypto market.
Moreover, institutional capital inflows are also increasing, with rising demand for ETFs, especially the inflow of institutional capital into Bitcoin ETFs, which signifies growing institutional confidence in Bitcoin as a safe and regulated asset class.
Additionally, the rapid development of decentralized finance (DeFi) is also a significant reason, as it provides more flexible and convenient financial services, attracting a large inflow of capital and further boosting market enthusiasm.
However, the crypto market is still full of uncertainties, so we must be rational and cautious when participating, and not blindly follow the trend.
#BTCéĺĺ łéŽä˝ç˝Žĺčľ°ĺż Recently, BTC has indeed returned to some key positions and has shown a certain level of stability at these positions. From the recent market dynamics, BTC stabilized around 95,000 USD and has since seen some recovery. The current market focus is whether this cryptocurrency can maintain this level and climb further.
Analysts hold different views on the subsequent trends of Bitcoin. Some analysts believe that as Bitcoin gradually becomes part of more institutional and individual investments, it is being integrated into traditional financial markets through tools like ETFs and funds, which increases its liquidity and may drive its price higher. However, some analysts also point out that although market sentiment remains optimistic, there is a lack of sufficient new funds to drive a comprehensive growth trend.
From a technical indicator perspective, the changes in Bitcoin's price and trading volume also show a certain complexity. For example, there are times when prices rise while trading volumes decline, which may indicate a weakening of upward momentum. At the same time, various technical indicators such as MACD, KDJ, etc., also provide different market signals.
Additionally, it is worth noting that the Bitcoin market is also influenced by many other factors, including regulatory policies, global economic conditions, competition from other cryptocurrencies, etc. These factors may all have a significant impact on Bitcoin's price trends.
#BTCéčż10ä¸ â˘ Rainbow Price Chart Indicator: As a long-term value estimation tool for Bitcoin, it uses a logarithmic growth curve to predict the potential future price direction of Bitcoin. Currently, the price position indicated is between the yellow and red zones, and historically, whenever the Bitcoin price approaches or touches the red line, it is a good time to sell. However, this also means that prior to this, Bitcoin's price may continue to rise. The current position of the red line is around $170,000.
⢠Stock-to-Flow Model (S2F Model): This indicator shows that Bitcoin's price changes with the stock-to-flow ratio. From the current trend of this indicator, the first quarter of 2025 seems to be a favorable time to sell. Conversely, this means that before the first quarter of 2025, Bitcoin's price may still have room to rise.
⢠BTC Holdings: Whether large holders or small-scale holders, their purchases are generally seen as a sign of market confidence, possibly indicating that they believe Bitcoin's price has upward potential. This could encourage other investors and drive the price to continue rising.
⢠CME Bitcoin Holdings: In the Chicago Mercantile Exchange (CME) Bitcoin futures market, the number of open contracts can reflect investors' judgments on future price movements. Long positions indicate that investors expect Bitcoin's price to rise, and an increase in such positions usually reflects market optimism.
⢠Google Search Trends: If people show increased interest in Bitcoin or begin to care more about the Bitcoin market, they may search for related information on Google. Therefore, an increase in Bitcoin-related search volume on Google also indirectly indicates that people's attention and confidence in Bitcoin are rising, serving as a simple indicator to assess market heat and expectations.
The three largest airdrops issued this year are Jupiter, Starknet, and Notcoin, with each airdrop distributing over $1 billion in value. For example, Jupiter (JUP), which is one of the largest DeFi protocols on Solana, allocated 40% of its total supply of JUP tokens (10 billion tokens) for the airdrop, amounting to 4 billion JUP for distribution, with 955,000 wallets eligible for the airdrop! 805256570308999845831258376663366
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