Today, the cryptocurrency market showed relatively stable movement, with slight gains in some major assets.
Bitcoin $BTC
Bitcoin is trading at $97,388 at the time of writing, with a high of $99,515 and a low of $96,411. Despite recording a small gain of +0.25%, the increase remains insignificant. Indicators point to weakness in this upward movement, suggesting that Bitcoin may either continue its decline or move sideways in the near future.
Ethereum $ETH
Ethereum is currently at $3,398, with a daily high of $3,553 and a low of $3,349. Like #bitcoin☀️ , Ethereum saw a minor increase of +0.40%. However, indicators suggest the possibility of further declines tomorrow, even though its movement remains stable for now.
XRP $XRP
XRP is trading at $2.2529 at the time of writing, with a high of $2.3826 and a low of $2.1912. XRP recorded a gain of approximately +1.66%, but indicators highlight weakness in this increase, making it likely that #Xrp🔥🔥 will face further declines in the coming days.
Conclusion
Today, the crypto market showed stable movement with minor gains in Bitcoin, #Ethereum , and XRP. However, indicators for all three assets still suggest a bearish trend, indicating the potential for further declines in the days ahead.
Bitcoin $BTC Bitcoin experienced a sharp decline of approximately -8%, trading at $93,380 at the time of writing. Today’s highest price was $98,260, while the lowest touched $92,735. The 11-day low of $94,100 has been breached, and is BTC now likely to test the 15-day low at $90,500. Indicators suggest that Bitcoin’s weakness persists, making it highly probable that the downtrend will continue into tomorrow.
Today, the cryptocurrency market is dominated by red, signaling a significant price drop across most digital assets. While some assets recorded gains, the majority of the market experienced selling pressure. Here’s a summary of the movements of major assets:☕😎
Bitcoin ($BTC )🧐
Bitcoin recorded a decline of approximately -3%, trading at $100,550 at the time of writing. The highest price today was $100,807, while the lowest was $98,825. Based on indicators, Bitcoin continues to show weakness, suggesting that selling pressure may persist.
XRP🙂
$XRP is trading at $2.2850, with a high of $2.4303 and a low of $2.1728. This represents a decline of -8%, consistent with its ongoing downward trend. Indicators suggest the potential for further declines in the coming days.
Ethereum (ETH)😉
Ethereum also weakened, trading around $3,586 at the time of writing. Today’s high was recorded at $3,720, and the low at $3,584. Indicators show that Ethereum's weakening is likely to continue, with a 70% chance of further decline.
VANA🙃
VANA is trading at $15,909, with a high of $17,818 and a low of $15,400. Although its decline is not as significant as other assets, VANA still shows a weakening trend in a bearish market.
Performance of Other Assets, ACT recorded the largest decline today, dropping by -24%. On the other hand, the top-performing asset was WRI, which rose by 26%.
Conclusion🙂 Most crypto assets, including Bitcoin, Ethereum, and XRP, are under strong selling pressure. The market is showing a bearish trend, and indicators suggest the likelihood of further declines in the near future. Gains are only visible in a few smaller assets, while the majority of the market remains in a red trend.
Today, Bitcoin ($BTC ) experienced significant weakening. BTC’s price dropped to its lowest level at $103,139 before stabilizing around $105,000 at the time of writing. The highest price today was recorded at $106,499, but indicators show a strong downward trend, suggesting that Bitcoin is likely to continue its decline tomorrow.
$XRP $ also saw a decline and failed to break yesterday's, December 17, lowest price. Today, XRP traded in the range of $2.5420, with a high of $2.5901 and a low of $2.4715. The downward trend that has lasted for 9 consecutive days, including a drop to $1.9176, continues. Indicators show that selling pressure on XRP remains strong.
Meanwhile, Ethereum ($ETH ) traded today around $3,871, with a high of $3,903 and a low of $3,804. This decline continues the negative trend observed since December 17. Indicators suggest that Ethereum may extend its weakening in the near term.
Overall, most of the crypto market is currently under selling pressure, including Bitcoin, XRP, and Ethereum. This downward trend is likely to continue unless positive sentiment emerges to shift the market's direction.🥵
Bitcoin, Ethereum, and XRP Movement on December 17 🤌🍻
Today, #bitcoin☀️ showed positive performance with its price hovering around $107,000, successfully surpassing the previous day's high. Although it experienced a brief correction down to $105,480, Bitcoin rebounded and recorded a new peak at $107,799.
Meanwhile, Ethereum ($ETH ) remained stagnant without significant movement. ETH prices stayed stable in the range of $4,000 as the highest and $3,900 as the lowest. On December 16, Ethereum had shown better performance, breaking through its 9-day high at $4,083 and reaching $4,107.
As for $XRP , its price today moved around $2.7000 as the highest level, while the lowest stood at $2.4000. Previously, in the past 14 days, XRP had reached $2.9000. However, as of the time this article was written, XRP has not been able to break through that level.
Overall, $BTC shows potential for further gains in the coming days based on current indicators. On the other hand, #Ethereum and #XRPUSDT🚨 continue to exhibit signs of weakness with relatively limited movement.☺
On December 16, $Bitcoin Breaks $105,000 and Reaches $106,000 🧐
$BTC made a significant move today, rising from $104,000 to $106,000. This is noteworthy as, over the past nine days, Bitcoin struggled to breach the $105,000 mark. Today’s breakthrough suggests renewed upward momentum, signaling a potential recovery in Bitcoin’s price action.
Ethereum Falls Short of Its Recent High 🤓
$ETH saw movement today, climbing from $3,900 to $4,000. While Ethereum has managed to reach the $4,000 level over the past nine days, it remains unable to surpass its recent high of $4,087. Today, Ethereum peaked at around $4,027, falling short of breaking past this critical resistance.
Market Sentiment😯
Bitcoin's ability to overcome the $105,000 resistance is a positive sign for traders and investors, potentially paving the way for further upward movement. Meanwhile, Ethereum's struggle to surpass $4,087 indicates lingering resistance in the market, emphasizing the need for stronger buying momentum to break through.😎☕
#BTC☀ On December 15, Bitcoin was trading around $101,000
As of this article's publication, Bitcoin was hovering around $101,000. There is a chance for Bitcoin to rebound if it breaks through the $106,000 to $110,000 range. However, if Bitcoin fails to surpass approximately $106,000, it might face further declines. Current indicators suggest Bitcoin's upward momentum is weakening, but a recovery is still possible as long as it doesn’t fall below $90,000.
If Bitcoin reaches $90,000, it might delay its next upward trend. A drop below $90,000 could signal further declines. Should this occur, Bitcoin could potentially fall further, targeting levels around $70,000 to $65,000. However, most analysts agree that such a dip wouldn’t lead to a catastrophic drop, as long-term investors are likely to step in to stabilize the market.
#bitcoin☀️ $BTC $BTC $BTC Potential Outlook for January and February 2025
In early 2025, Bitcoin’s direction—upward or downward—will depend on market performance. If it surpasses $106,000, a rally is likely. Conversely, breaking below $90,000 could push Bitcoin lower. If Bitcoin remains stuck between $106,000 and $90,000 from January to May, there’s a possibility of a significant rally after that, potentially extending into 2026.
Current Market Sentiment
Bitcoin's highest recent price of $103,000 nearly touched $104,000, prompting many long-term investors to sell around the $100,000 mark. As such, market anticipation is high, with traders closely monitoring these key price levels for indications of Bitcoin’s next major move.
There will be a very significant price change. the price change occurs around or before December 20, 2023.
The price of #BTC will bear the burden of market reactions in the world. as of today #BTC/USDT is around 35000 - 37000. it is likely to change when you know after the Sagittarius Zodiac.