Over the past 10 years, the Christmas price of Bitcoin (BTC) has witnessed many notable fluctuations. Below are some key price milestones on December 25 each year: 2014: 318 USD 2015: 430 USD 2016: 900 USD 2017: 14,302 USD 2018: 4,021 USD 2019: 7,266 USD 2020: 23,760 USD 2021: 50,888 USD 2022: 16,849 USD 2023: 43,254 USD These figures show that Bitcoin has gone through strong cycles of increase and decrease over the past decade. In particular, after each halving event (block reward halving), the price of Bitcoin tends to increase significantly within the following 12 to 18 months. The next Halving event will take place in 2024 and is expected to positively impact the price of Bitcoin in the near future. Currently, the price of Bitcoin is approximately 95,194 USD. Some experts predict that the price of Bitcoin could reach 100,000 USD again by Christmas 2024, based on strong institutional interest and momentum from the approval of Bitcoin ETFs.$BTC $BNB #bitcoin
This adjustment has caused a large-scale liquidation and reduced market leverage. At the same time, Christmas will arrive this week, and the global market may welcome 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. History shows that the US stock market tends to be positive during these seven days $BTC $BNB #bitcoin
Factors influencing the price: * Regulations: Policies from governments and central banks can significantly impact Bitcoin prices. * Adoption: The more people and organizations that accept Bitcoin, the more its price can rise. * Supply and demand: Like any other asset, supply and demand determine the price of Bitcoin. * Technology: Improvements in blockchain technology can affect Bitcoin's performance. * Global events: Major economic, political, and social events can cause price volatility. Factors to consider: * Volatility: The market is highly volatile, and prices can rise or fall sharply in a short period. * Risk: Investing in Bitcoin carries high risks, and you could lose your entire investment. * Long-term perspective: Many investors view Bitcoin as a long-term asset, so maintain a long-term outlook.$BTC #$BNB
$BTC is showing signs of recovery, yes we can see that. But has the correction ended? I'm not so sure, but I will provide the chart from yesterday and today for comparison. In my opinion, a short-term sell-off is very likely to occur, but it opens up more opportunities for investors to enter the market. Buying spot is a MUST for significant profits, DO NOT trade futures. $BTC $BNB #BTC☀
#USDT🔥🔥 BAD TIN — European cryptocurrency exchanges must delist USDT Tether by December 30 under new regulations — bloomberg. Exchange executives are concerned that delisting USDT will reduce liquidity. However, the issuer of USDT Tether plans to circumvent the regulations — the company has invested in the stablecoin issuer StablE, which complies with European regulations.
No one has even started yet and everyone is already panicking - Surely everyone is afraid that $BTC will drop to 90k soon. DOM has confirmed the downtrend in larger time frames and the current wave is just a rebound before a stronger drop. And MM is achieving what it wants: - Currently, no one dares to borrow again due to fear; futures liquidation orders are not as numerous as they were a few weeks ago. => The mindset of the gamblers has been worn down. - Holders are in a 50/50 mindset, unsure whether to sell and wait to buy at lower levels or to continue holding because their accounts have been diminished by 10-20% daily for 3-4 consecutive days. An upward wave will come, and don’t be afraid that #BTC will drop. Let's look back at the period of 2020-2021 when #BTC dropped from 40k to 30k, but that was during the Altcoin season. Worrying about #BTC is not wrong, but during the Altcoin run, it will move on regardless, and of course, #BTC staying flat for 3-5 months is normal. $BNB $BTC
Stellar (XLM) Price Prediction, 2024-2030: What Does the Coming Years Have in Store?
Stellar (XLM) is currently valued at $0.394736, with market sentiment sitting in neutral territory and a Fear & Greed Index score of 75, signaling greed. Over the past 30 days, the cryptocurrency has seen 16 green days, making up 53% of the period, and has experienced price volatility of 18.98%. The 50-day Simple Moving Average (SMA) is currently at $0.307201, while the 200-day SMA is significantly lower at $0.149013. Meanwhile, the 14-day Relative Strength Index (RSI) stands at 49.20, indicating that the market is balanced and neither overbought nor oversold.
Source: Coinmarketcap Near-Term Predictions for Stellar
Looking ahead, Coinfomania expects XLM to climb by 44.83%, reaching $0.589047 by January 18, 2025. In the immediate term, the price is projected to peak at $0.406726 tomorrow, representing a 3.63% increase from its current level. However, the past week has been challenging, with a price drop of 9.41%. For the remainder of 2024, Stellar’s price is forecasted to trade between $0.328549 and $0.406726, averaging $0.362457 for the year. If this prediction holds, it would mark a 7.64% decrease compared to today’s prices. Interestingly, this could open opportunities for short sellers, who might see potential profits of up to 16.28%.
Longer Snapshot for XLM (2025–2030)
The predictions for 2025 paint a more optimistic picture, with Stellar’s price expected to range between $0.325384 and $1.241846, averaging $0.685109 for the year. May 2025 could see a remarkable surge, with prices projected to soar 216.53% higher than current levels.
By 2026, the outlook shifts to a bearish tone. Stellar’s price is expected to fluctuate between $0.234293 and $0.569614, with an average annual price of $0.347471. Moving into 2027, the bearish trend is forecasted to persist, with an average price of $0.287965. Investors might see the price dip as low as $0.235087 in January, with a potential rebound to $0.374369 by July.
In 2028, the market could stabilize slightly. Stellar’s average price is predicted to hover around $0.348995. The lowest point might come in July at $0.251773, but a significant rally could occur by November, pushing the price to $0.955755.
By 2029, Stellar’s fortunes could take a turn for the better, with prices projected to range between $0.666426 and $2.04. This would mark a potential ROI of 417.93%, showcasing a bullish resurgence. In 2030, Stellar could reach a peak of $1.030637 in January, although prices might dip to $0.529024 by December. The average price for the year is expected to sit around $0.695916, which is 77.07% above the current price.
Technical Analysis Point to a Stable Posture
According to technical indicators, Stellar’s 200-day SMA is forecasted to rise to $0.201225 by January 2025, while the 50-day SMA could climb to $0.444696. The RSI, currently at 49.20, reinforces the view that the market is in a stable position without signs of being overbought or oversold.
While the short-term predictions suggest modest growth, the long-term outlook presents a mix of challenges and opportunities. Stellar has shown resilience in volatile conditions, but investors should approach cautiously, keeping an eye on broader market trends and developments. The journey ahead could be a mix of bumps and breakthroughs, making Stellar a coin to watch closely in the years to come.
FAQs
What is the current price of Stellar (XLM) and market sentiment?
Stellar is currently priced at $0.394736, with neutral market sentiment and a Fear & Greed Index score of 75 (Greed).
What is the price prediction for Stellar by January 2025?
By January 18, 2025, Stellar is expected to rise by 44.83% and reach $0.589047.
What is Stellar’s long-term outlook for 2030?
In 2030, Stellar could hit a peak of $1.030637 in January and hover around $0.695916 on average for the year, marking a 77.07% increase from today.
The post Stellar (XLM) Price Prediction, 2024-2030: What Does the Coming Years Have in Store? appeared first on Coinfomania.
The official Bitcoin wallet, Chivo, will be phased out or sold following the agreement with the IMF, according to the director of the country's Bitcoin office.
🔹 Bitcoin remains a legal currency in El Salvador. 🔹 The country will continue purchasing Bitcoin as a strategic reserve.
📌 This is not financial advice. Always conduct your own research before making investment decisions!
What a vibrant red market, huh? $BTC dropped straight down 108k to 95k Oh my! The Altcoins are crashing even more festively, has the red color of Christmas arrived "as every year"? I see many seasoned Bros saying that, close to Christmas there is "red color", but it's just a slight decrease, I see a drop of up to 13k in 2 days is quite significant, just like going up the stairs, down the elevator, Oh wait, I see $BTC also going up the elevator, down the elevator, and even knows how to weave and dodge to eliminate the Long/Short players, A truly unpredictable market! $BNB
#BinanceSeason . **Don't let emotions dictate your investment decisions.** If you are a long-term investor, this may be a good time to buy in at a low price, taking advantage of short-term fluctuations to accumulate more #Bitcoin, especially when the Fed maintains a loose policy. However, if you are looking for short-term profits, don't forget that this market is always volatile and nothing guarantees that this decline will stop immediately. Be careful, risk management is a key factor in every trading decision. The Christmas season can be a "gift" full of surprises for those who are well-prepared. Remember that in the world of Bitcoin, nothing is certain, and every decision must be made thoughtfully, with strategy.$BTC
#BinanceSeason . **Don't let emotions dictate your investment decisions.** If you are a long-term investor, this may be a good time to buy at a low price, taking advantage of short-term fluctuations to accumulate more #Bitcoin , especially when the Fed maintains an easing policy. However, if you are looking for short-term profits, don't forget that this market is always volatile and there is no guarantee that this downturn will stop immediately. Be cautious, risk management is a decisive factor in every trading decision. The Christmas season can be a "gift" full of surprises for those who are well-prepared. Remember that in the world of Bitcoin, nothing is certain, and every decision must be considered wisely, with strategy.
Binance Square is pleased to introduce the launch of a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of $5,000 in USDC token rewards and earn Binance Points.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks: 1. Check in to Binance Square daily.* 2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair. 3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes: Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub. Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.
#2024withBinance The year 2024 promises to be an important milestone for Binance, the world's largest cryptocurrency exchange. Binance continues to expand its ecosystem with services such as DeFi, NFTs, and the Binance Smart Chain (BSC) blockchain, providing a one-stop solution for both investors and developers. With a vision for innovation and security, Binance is constantly innovating to meet the needs of millions of users.#2024WithBinanceis not just a trading journey, but also an opportunity to accompany the development of the future of decentralized finance.#2024withBinance