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Can BTC price recover and surpass $100,000 this week?
Bitcoin is steadily approaching the $100,000 milestone as the cryptocurrency market turns bullish in January 2025. Bitcoin surged 1.42% in the past 24 hours to maintain its dominance above $96,000.
However, this gradual growth has not been met with significant institutional support from the ETF market. With BlackRock seeing its largest ever outflow, will Bitcoin price continue its upward momentum?
In the 4-hour chart, BTC price trend shows a bullish breakout of the local resistance trendline. With the reversal after the retest, BTC price bullishly recovered at the $96,000 level, marking its third consecutive up day.
BlackRock sees outflows as other Bitcoin ETFs recover Despite the bullish trend in the market, institutional support for Bitcoin continues to weaken. This has led to a net outflow of $242.3 million on a daily basis. Notably, the negative flow of the largest Bitcoin ETF BlackRock on Thursday was its largest outflow ever.
Bitcoin’s bulls may target the $99,455 pressure level. A breakthrough could significantly increase Bitcoin's chances of retaking the $100,000 mark in January 2025.
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Can BTC price recover and surpass $100,000 this week?
Bitcoin is steadily approaching the $100,000 milestone as the cryptocurrency market turns bullish in January 2025. Bitcoin surged 1.42% in the past 24 hours to maintain its dominance above $96,000.
However, this gradual growth has not been met with significant institutional support from the ETF market. With BlackRock seeing its largest ever outflow, will Bitcoin price continue its upward momentum?
In the 4-hour chart, BTC price trend shows a bullish breakout of the local resistance trendline. With the reversal after the retest, BTC price bullishly recovered at the $96,000 level, marking its third consecutive up day.
BlackRock sees outflows as other Bitcoin ETFs recover Despite the bullish trend in the market, institutional support for Bitcoin continues to weaken. This has led to a net outflow of $242.3 million on a daily basis. Notably, the negative flow of the largest Bitcoin ETF BlackRock on Thursday was its largest outflow ever.
Bitcoin’s bulls may target the $99,455 pressure level. A breakthrough could significantly increase Bitcoin's chances of retaking the $100,000 mark in January 2025.
Follow me and I'll take you to learn more about the cryptocurrency world.
$BIO As Binance's first DeSci project, you can make a layout after the opening price stabilizes!
This is a very imaginative project. Here is a brief introduction to the project:
A decentralized science (DeSci) project that aims to revolutionize biotechnology research and development through blockchain technology. The core of this project is:
Decentralized Science (DeSci): BIO Protocol seeks to solve problems in traditional biomedical research through blockchain technology, such as difficulty in obtaining funds, poor data sharing, and slow transformation of research results. The project is committed to creating an open network to promote biotechnology innovation.
Biotechnology Acceleration: BIO focuses on accelerating the development of biotechnology, especially in large-scale challenging areas that may be overlooked by the traditional pharmaceutical industry. It uses artificial intelligence, scientific assets, and open source biology to promote this process.
Ecosystem: The BIO ecosystem includes multiple decentralized autonomous organizations (DAOs), each of which focuses on specific scientific fields such as longevity, women's health, neurodegenerative diseases, and synthetic biology. Through these DAOs, BIO Protocol encourages transparency and cooperation in scientific research.
Token mechanism: BIO tokens are incentive and governance tools in the project. Users can obtain BIO tokens by participating in Launchpool activities (such as on the Binance platform). Token distribution includes ecosystem and community support, early contributors and early supporters.
Market attention: The launch of BIO Protocol has attracted market attention, especially after Binance announced that it will launch BIO/USDT and BIO/BNB trading pairs on January 3, 2025, related DeSci tokens such as RIF, DRUGS, etc. have risen sharply, showing the market's interest in this field.
Short sol? You failed, right? I specifically reminded you guys not to short kol last night. I told you that sol is in the main uptrend of 2h level, so since you are not allowed to short sol, why not go long sol? So cognition determines trading behavior! In the structure of the main uptrend, the pressure points you think will be ruthlessly broken through, and in the structure of the main downtrend, the support points you think will be ruthlessly penetrated. This is the biggest reason why the points that teachers asked you to take during the period from 10w+ to 92000+ were frequently penetrated and failed! Remember, the structure is always greater than the point, otherwise the profits you made in the shock wave will definitely be returned and you will lose money! Do you remember the five-wave chart of sol that Brother Lie used the five-segment wave analysis method yesterday? Okay, I will attach it again!
Don't do it when you are temporarily watching the market. Make temporary buying and selling decisions, plan your transactions, trade your plans, don't rush, and operate everything according to the plan and rules. The more obvious the trend, the easier it is to make money. If you don't have patience and skills, then do the most obvious trend. If the trend is unclear or the consolidation period, give up. There is only one straight line between two points, and there are countless curves. In other words, there is only one correct straight line route, and there are many deviations. The same is true for trading. The profitable methods are similar, and the loss methods are varied. You can predict, but don't bet on the predicted results. What you can do is to prepare for various possible countermeasures. The best way to prevent the stop loss line from being touched by a slight change is not to eat a heavy position at once. What issues need to be considered when closing a position When you want to close a position, you need to think about why it is closed, what is the reason, whether it is to achieve the planned goal, or something went wrong, whether the profitable position should be closed in advance, all of which need to be carefully analyzed and thought about. #OP.智能策略库 🥇🥇$OP
The trend of Dogecoin is really good. When Bitcoin fell to 91,000 on December 30, I started to buy. My friends who followed the operation have now made a profit of 10 points. I will also increase my position in Dogecoin in the future. I firmly believe that Dogecoin will reach a price of 1 US dollar or even higher!
Now looking at the liquidation chart, the liquidation chart is a V. This market trend is really a double kill of long and short. Now I can only invest slowly. It is not too late to keep 30% of the position and wait for Bitcoin Ethereum to stabilize before rushing in. In the bull market, there are more pins. Keeping the principal is the first priority. Slow is fast. Slowly layout in advance before the big market comes.
The trend of Dogecoin is really good. When Bitcoin fell to 91,000 on December 30, I started to buy. My friends who followed the operation have now made a profit of 10 points. I will also increase my position in Dogecoin in the future. I firmly believe that Dogecoin will reach a price of 1 US dollar or even higher!
Now looking at the liquidation chart, the liquidation chart is a V. This market trend is really a double kill of long and short. Now I can only invest slowly. It is not too late to keep 30% of the position and wait for Bitcoin Ethereum to stabilize before rushing in. In the bull market, there are more pins. Keeping the principal is the first priority. Slow is fast. Slowly layout in advance before the big market comes.
Don’t think that the big cake will always lure more and deceive p. It has deceived four rounds of lure more and deceived p before. Many players thought that the dog dealer would play this trick again to open short orders, but they didn’t know that the dog dealer would not lure more this time but lure short! So don’t take it for granted that the big cake will lure more again if there is a pressure point above it! This is also the reason why Brother Lie has been shouting more since yesterday, because the obvious structure has changed to the main rising wave structure at the hourly level, and the main rising wave will break through the pressure point you think! In fact, the reason why the previous one lured more and deceived p is because from the structural point of view, it is an hourly level oscillation wave, so if you don’t understand the structure, it is undoubtedly played by the dog dealer! Therefore, Brother Lie’s five-segment wave analysis method can not only escape the top and take refuge, but also get on the bus on time without stepping on the air!
The S&P 500 has fallen for five consecutive days, and the Christmas rally has ended in complete failure, with the market on the verge of extreme panic.
Data from the past four years show that there is no direct correlation between a strong start to the new year and full-year returns. Starting in 2021, the S&P 500 has fallen three times and risen once on the first trading day of each year. In these three years of first-day declines, the index's full-year return rate exceeded 20%.
On January 2, 2025, the CSI 300 Index fell 2.9%, the lowest level since October 18 last year, and the largest drop on the first day of the new year in 10 years. At the same time, the Hang Seng Index in Hong Kong fell 2.2%. Previously, the manufacturing PMI in December was 50.5, lower than expected, and export orders fell for the fourth consecutive month. China's 10-year treasury bond yield hit a record low of 1.63%, indicating that economic pressures persist and there is only one way out: structural reform.
In 2024, both the Chinese and American stock markets closed down. The uncertainty this year mainly comes from Trump. Trump's policies are too radical, both domestic and foreign affairs. But from the past, Trump is used to guiding the other party's expectations in order to gain better bargaining chips in negotiations. This is also a standard negotiation technique-framework setting. But this also makes it very difficult to predict him. To understand his boundaries, you need to see how he lands.
Although BTC has been in a correction trend recently, from the rebound in the past few days, there has been a breakthrough upward. BTC is above the lifeline again, which means that funds have long and bullish behavior. The possibility of further plunges in the future has been reduced. If there is another correction, it will be the last chance for you to enter the market by buying the bottom. The time and opportunity for you to enter the market are getting less and less. Many individual coins have started to rebound in advance. Recently, it is mainly buying on dips. Try to control yourself and don't go short. Trump's time to take office is approaching. The price of the currency may rise in advance. The unilateral market is slowly brewing. If you open a short position at a low level and do not set a stop loss, then you are very likely to be trapped at the bottom of the mountain. You will also miss the surge in the first quarter. For players who plan for a period, some coins do need to be bought actively. The longer you don't enter the market, the higher the entry cost will be.$BTC #比特币走势观察
🧧👇It's been 2 years since I joined Binance Square, not only have I seen tremendous trading profits, but I have also been accompanied by all of you for these 2 years. I have said multiple times that I would retire when BTC reaches $100,000, but I didn't expect it to come so soon, so I've decided to delay my retirement!
I'm very happy to have you all along the way, let's continue to multiply our investments together in 2025! #BTC 👉2年前马前炮 👉返拥
🧧👇It's been 2 years since I joined Binance Square, not only have I seen tremendous trading profits, but I have also been accompanied by all of you for these 2 years. I have said multiple times that I would retire when BTC reaches $100,000, but I didn't expect it to come so soon, so I've decided to delay my retirement!
I'm very happy to have you all along the way, let's continue to multiply our investments together in 2025! #BTC 👉2年前马前炮 👉返拥