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Bitcoin at $94,500 Faces 'Three Red Candles' Scaring the Market! Bulls Tremble!On Monday (December 23), Bitcoin struggled to rebound at the $94,500 level, but the technical aspects flashed 'three red candles', scaring the bulls. Donald Trump, the elected President of the United States, appointed Bo Hines as the executive director of the Presidential Digital Asset Advisory Council and nominated Stephen Miran as chairman of the Economic Advisory Council. Michael Saylor, the founder of MicroStrategy, stated that Trump is serious about establishing a national Bitcoin strategic reserve and has met with the new government team multiple times. According to The Block, Trump announced the appointment of Hines as the executive director of his 'Presidential Digital Asset Advisory Council' to lead the cryptocurrency committee. Hines, a former college football player, failed to win a congressional seat in 2022. He wrote: 'In his new position, Hines will work alongside David Sacks, who has been appointed chairman of the U.S. SEC, to drive innovation and growth in the digital asset space while ensuring industry leaders have the resources they need to succeed.'

Bitcoin at $94,500 Faces 'Three Red Candles' Scaring the Market! Bulls Tremble!

On Monday (December 23), Bitcoin struggled to rebound at the $94,500 level, but the technical aspects flashed 'three red candles', scaring the bulls. Donald Trump, the elected President of the United States, appointed Bo Hines as the executive director of the Presidential Digital Asset Advisory Council and nominated Stephen Miran as chairman of the Economic Advisory Council. Michael Saylor, the founder of MicroStrategy, stated that Trump is serious about establishing a national Bitcoin strategic reserve and has met with the new government team multiple times.

According to The Block, Trump announced the appointment of Hines as the executive director of his 'Presidential Digital Asset Advisory Council' to lead the cryptocurrency committee. Hines, a former college football player, failed to win a congressional seat in 2022. He wrote: 'In his new position, Hines will work alongside David Sacks, who has been appointed chairman of the U.S. SEC, to drive innovation and growth in the digital asset space while ensuring industry leaders have the resources they need to succeed.'
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Can Bitcoin hold at $92,000? If it cannot, how low will it go? Is now a good opportunity to bottom-fish?Recently, the price fluctuations of Bitcoin have attracted widespread attention. Will the price point of $92,000 become a support level for Bitcoin? If it cannot hold, will it continue to drop to lower levels? In this uncertain market, is now the right time to bottom-fish? These questions have drawn the attention of many investors. Today, we will conduct an in-depth analysis of this topic. Current Bitcoin Market Analysis Last Week's Market Review: Key Level of $92,000 Based on our previous analysis, the $98,000-$99,000 area failed to break through, and the market experienced downward pressure. Last Saturday, we predicted that if this area could not be breached, a second round of decline might occur. This prediction has been largely validated, with prices declining and breaking through that area. In the subsequent operations, we timely executed wave bottom-fishing and sold at higher levels, helping our partners avoid risks.

Can Bitcoin hold at $92,000? If it cannot, how low will it go? Is now a good opportunity to bottom-fish?

Recently, the price fluctuations of Bitcoin have attracted widespread attention. Will the price point of $92,000 become a support level for Bitcoin? If it cannot hold, will it continue to drop to lower levels? In this uncertain market, is now the right time to bottom-fish? These questions have drawn the attention of many investors. Today, we will conduct an in-depth analysis of this topic.
Current Bitcoin Market Analysis
Last Week's Market Review: Key Level of $92,000
Based on our previous analysis, the $98,000-$99,000 area failed to break through, and the market experienced downward pressure. Last Saturday, we predicted that if this area could not be breached, a second round of decline might occur. This prediction has been largely validated, with prices declining and breaking through that area. In the subsequent operations, we timely executed wave bottom-fishing and sold at higher levels, helping our partners avoid risks.
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Bitcoin drops below 95,000 amidst a battle between long and short positions, and Ethereum loses the 3,300 dollar mark, with strong risk aversion sentiment in the market this Christmas week.Earlier, Bitcoin reported a low of 94,300 dollars, and Ethereum also fell below 3,300 dollars. With Christmas approaching this week, the market's risk aversion sentiment is strong. Bitcoin rebounded from a high of 92,268 dollars to 99,500 dollars on Saturday, but then started to fluctuate downwards again, reporting a low of 94,300 dollars at the time of writing, down 3.19% in nearly 24 hours; Ethereum also fell below 3,300 dollars, down 2.39% in nearly 24 hours. In the last 24 hours, liquidations amounted to 270 million dollars. In the context of fluctuating declines, according to Coinglass data, in the past 24 hours, the total liquidation amount in the cryptocurrency market reached 270 million dollars, with long positions liquidated amounting to 204 million dollars and short positions liquidated at 71 million dollars, with over 106,000 people being liquidated.

Bitcoin drops below 95,000 amidst a battle between long and short positions, and Ethereum loses the 3,300 dollar mark, with strong risk aversion sentiment in the market this Christmas week.

Earlier, Bitcoin reported a low of 94,300 dollars, and Ethereum also fell below 3,300 dollars. With Christmas approaching this week, the market's risk aversion sentiment is strong.
Bitcoin rebounded from a high of 92,268 dollars to 99,500 dollars on Saturday, but then started to fluctuate downwards again, reporting a low of 94,300 dollars at the time of writing, down 3.19% in nearly 24 hours; Ethereum also fell below 3,300 dollars, down 2.39% in nearly 24 hours.

In the last 24 hours, liquidations amounted to 270 million dollars.
In the context of fluctuating declines, according to Coinglass data, in the past 24 hours, the total liquidation amount in the cryptocurrency market reached 270 million dollars, with long positions liquidated amounting to 204 million dollars and short positions liquidated at 71 million dollars, with over 106,000 people being liquidated.
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Only a crash can create a golden opportunity! Here are four altcoins worth bottom fishing with 100x potential!This year ETH has indeed lagged behind, further indicating that the traditional altcoin bull has not yet emerged this year. We can only say that those holding ETH and altcoins have worked hard; Ethereum, as the leading altcoin, is not performing well, and the performance of other altcoins is even harder to describe. I saw an old brother say that the current market dominance is already in the hands of American institutions, and these large funds have no interest in altcoins outside of Bitcoin and Ethereum, so this round of market cannot have an altcoin bull. I strongly disagree with this view. I can accept that large funds only focus on Bitcoin, but altcoins are definitely an essential helper in Bitcoin's growth process. Altcoins provide financial leverage for Bitcoin's rise and are also the main force attracting retail funds.

Only a crash can create a golden opportunity! Here are four altcoins worth bottom fishing with 100x potential!

This year ETH has indeed lagged behind, further indicating that the traditional altcoin bull has not yet emerged this year. We can only say that those holding ETH and altcoins have worked hard; Ethereum, as the leading altcoin, is not performing well, and the performance of other altcoins is even harder to describe.

I saw an old brother say that the current market dominance is already in the hands of American institutions, and these large funds have no interest in altcoins outside of Bitcoin and Ethereum, so this round of market cannot have an altcoin bull. I strongly disagree with this view.
I can accept that large funds only focus on Bitcoin, but altcoins are definitely an essential helper in Bitcoin's growth process. Altcoins provide financial leverage for Bitcoin's rise and are also the main force attracting retail funds.
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The Dream of Getting Rich Overnight! These 4 Cryptocurrencies May Experience 100x Growth, Buy Early to Earn Early!This round of the bull market cycle has four main upward waves. The first wave lasted from January to April 2023, lasting for four months, completely exiting the bear market cycle. The second wave lasts from mid-October 2023 to mid-March 2024, continuing for five months, initiating a small bull market. A small number of people have captured many airdrops in BRC20 and inscriptions, with gains of dozens or even hundreds of times, seizing opportunities with little investment. In February and March, there will be another wave of Depin and Almeme trends on Solana, which is the first wave in this cycle that has a profit-making effect. The third wave, from mid-October 2024 to now, may last until February to April next year, focusing on new opportunities in the sector.

The Dream of Getting Rich Overnight! These 4 Cryptocurrencies May Experience 100x Growth, Buy Early to Earn Early!

This round of the bull market cycle has four main upward waves.
The first wave lasted from January to April 2023, lasting for four months, completely exiting the bear market cycle.
The second wave lasts from mid-October 2023 to mid-March 2024, continuing for five months, initiating a small bull market.
A small number of people have captured many airdrops in BRC20 and inscriptions, with gains of dozens or even hundreds of times, seizing opportunities with little investment.
In February and March, there will be another wave of Depin and Almeme trends on Solana, which is the first wave in this cycle that has a profit-making effect.
The third wave, from mid-October 2024 to now, may last until February to April next year, focusing on new opportunities in the sector.
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Is the pullback a buying opportunity? 4 major cryptocurrencies with 20x potential ready to explode!In the past 24 hours, there has been a liquidation of $1.023 billion across the network, affecting over 300,000 people. Cherish life and stay away from contracts; spot users have nothing to worry about. Just wait for the right time to adjust. After the adjustment, meme, AI, DEFI, and public chains will still have bright rebounds. There’s not much to say about Bitcoin's long-term cycle; the bull market cycle is still ongoing, and I remain very optimistic about next year's market. Bitcoin has clear support signals around 95,000. From the weekend to next week leading up to Christmas, avoid making any aggressive trading moves, especially since foreigners will soon be on holiday. Next, let's look at events that influence sentiment, namely macroeconomic and fundamental factors: tonight, there will be PCE data. In fact, Powell's previous remarks have already made it clear that it is unlikely there will be interest rate cuts in January; it's just about how the market interprets the data, and the bearish sentiment won't be too bad. The main concern is that the weekend is approaching, and there will be no liquidity during that time. Following that, on the 23rd, MSTR will officially enter the Nasdaq 100, which is a solid positive for funds, and hopefully, this can boost market sentiment. Then, on the 24th and 25th (Christmas), the U.S. stock market will be closed. If there are no significant negative events during the Christmas period, BTC should be able to safely pass through. If sentiment is poor at that time, the market might test the bottom again. This is the expectation from now until Christmas; we will see if any positive news emerges in the next few days to influence the market.

Is the pullback a buying opportunity? 4 major cryptocurrencies with 20x potential ready to explode!

In the past 24 hours, there has been a liquidation of $1.023 billion across the network, affecting over 300,000 people. Cherish life and stay away from contracts; spot users have nothing to worry about. Just wait for the right time to adjust. After the adjustment, meme, AI, DEFI, and public chains will still have bright rebounds. There’s not much to say about Bitcoin's long-term cycle; the bull market cycle is still ongoing, and I remain very optimistic about next year's market.

Bitcoin has clear support signals around 95,000. From the weekend to next week leading up to Christmas, avoid making any aggressive trading moves, especially since foreigners will soon be on holiday.

Next, let's look at events that influence sentiment, namely macroeconomic and fundamental factors: tonight, there will be PCE data. In fact, Powell's previous remarks have already made it clear that it is unlikely there will be interest rate cuts in January; it's just about how the market interprets the data, and the bearish sentiment won't be too bad. The main concern is that the weekend is approaching, and there will be no liquidity during that time. Following that, on the 23rd, MSTR will officially enter the Nasdaq 100, which is a solid positive for funds, and hopefully, this can boost market sentiment. Then, on the 24th and 25th (Christmas), the U.S. stock market will be closed. If there are no significant negative events during the Christmas period, BTC should be able to safely pass through. If sentiment is poor at that time, the market might test the bottom again. This is the expectation from now until Christmas; we will see if any positive news emerges in the next few days to influence the market.
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Bitcoin ETF funds have a net outflow of $672 million, and market sentiment has weakenedAs January 2024 approaches, the market generally expects the Fed to maintain the current interest rate level. According to the latest data from CME's "Fed Watch", the probability of the Fed maintaining interest rates unchanged in January is as high as 91.4%. This means that unless there are unexpected economic data or financial crises, the Fed will most likely choose to keep the existing monetary policy stable. Although the probability of a rate cut is 8.6%, the possibility of a rate cut is small based on the current economic environment. From the perspective of the crypto market, the Fed's decision to keep interest rates unchanged has brought positive signals to the cryptocurrency market. First, the unchanged interest rate means that the US dollar will not appreciate significantly in the short term, thus avoiding the suppression of crypto asset prices. Secondly, the market expects that the Fed will not rush to cut interest rates, which provides a certain degree of stability to the market. Especially for mainstream cryptocurrencies such as Bitcoin and Ethereum, a stable macroeconomic environment is undoubtedly a catalyst for the market recovery.

Bitcoin ETF funds have a net outflow of $672 million, and market sentiment has weakened

As January 2024 approaches, the market generally expects the Fed to maintain the current interest rate level. According to the latest data from CME's "Fed Watch", the probability of the Fed maintaining interest rates unchanged in January is as high as 91.4%. This means that unless there are unexpected economic data or financial crises, the Fed will most likely choose to keep the existing monetary policy stable. Although the probability of a rate cut is 8.6%, the possibility of a rate cut is small based on the current economic environment.
From the perspective of the crypto market, the Fed's decision to keep interest rates unchanged has brought positive signals to the cryptocurrency market. First, the unchanged interest rate means that the US dollar will not appreciate significantly in the short term, thus avoiding the suppression of crypto asset prices. Secondly, the market expects that the Fed will not rush to cut interest rates, which provides a certain degree of stability to the market. Especially for mainstream cryptocurrencies such as Bitcoin and Ethereum, a stable macroeconomic environment is undoubtedly a catalyst for the market recovery.
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The cryptocurrency market entered winter overnight, and the altcoins were in a terrible state! Calm analysis: Is now a good time to buy at the bottom?Yesterday’s drop was like 3.12, and today’s drop was more like a follow-up or aftershock of 3.13. In the past 24 hours, the entire network has liquidated $1.023 billion, and more than 300,000 people have been liquidated. Cherish your life and stay away from contracts. Yesterday, the amount of liquidation of the copycat was far more than that of the big cake. Today, the decline is also not small, but the liquidation amount is much less. It seems that the long positions of the copycat are basically gone. This time, the long positions have been blown up, and now it’s time for the short positions to be blown up. Currently, the long position amount is 1.3 billion. The short position amount is 9.3 billion. Is the short position panicking? From this weekend to next week, we will see a rebound, but a reversal may not be possible. It is dark before dawn. Keep a good attitude.

The cryptocurrency market entered winter overnight, and the altcoins were in a terrible state! Calm analysis: Is now a good time to buy at the bottom?

Yesterday’s drop was like 3.12, and today’s drop was more like a follow-up or aftershock of 3.13.
In the past 24 hours, the entire network has liquidated $1.023 billion, and more than 300,000 people have been liquidated. Cherish your life and stay away from contracts. Yesterday, the amount of liquidation of the copycat was far more than that of the big cake. Today, the decline is also not small, but the liquidation amount is much less. It seems that the long positions of the copycat are basically gone.
This time, the long positions have been blown up, and now it’s time for the short positions to be blown up. Currently, the long position amount is 1.3 billion. The short position amount is 9.3 billion. Is the short position panicking?
From this weekend to next week, we will see a rebound, but a reversal may not be possible. It is dark before dawn. Keep a good attitude.
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BTC Traders Believe BTC Price Will Fall Further Next MonthBearish BTC price calls are back after the Federal Reserve destroyed sentiment towards Bitcoin and risk assets. Bitcoin (BTC) hovers around $102,000 at Wall Street open Dec. 19 as crypto sentiment cautiously recovers from fresh macro panic. Fed halts Bitcoin bull run Data from Cointelegraph Markets Pro shows that BTC prices are up 2% compared to the daily opening price. The day before, Bitcoin joined the sell-off in cryptocurrencies and risk assets at the hands of the Federal Reserve, during which BTC/USD fell to a low of $98,695 on Bitstamp.

BTC Traders Believe BTC Price Will Fall Further Next Month

Bearish BTC price calls are back after the Federal Reserve destroyed sentiment towards Bitcoin and risk assets.

Bitcoin (BTC) hovers around $102,000 at Wall Street open Dec. 19 as crypto sentiment cautiously recovers from fresh macro panic. Fed halts Bitcoin bull run
Data from Cointelegraph Markets Pro shows that BTC prices are up 2% compared to the daily opening price.
The day before, Bitcoin joined the sell-off in cryptocurrencies and risk assets at the hands of the Federal Reserve, during which BTC/USD fell to a low of $98,695 on Bitstamp.
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If Musk "abandons" Dogecoin, what kind of "price hell" will DOGE fall into?Once Elon Musk's support for Dogecoin weakens, the price of Dogecoin is likely to fluctuate sharply. Musk has been pushing for regulatory approval for X Payments, a financial platform that is interconnected with his X platform, but the process has not been smooth and has encountered many obstacles. Despite Musk's efforts, he has yet to obtain full regulatory approval from all U.S. states, a situation that is likely to delay the platform's release. Even if it is successfully approved in the future, given Dogecoin's own inflationary characteristics, the probability of it being selected as the main payment currency is still at a low level.

If Musk "abandons" Dogecoin, what kind of "price hell" will DOGE fall into?

Once Elon Musk's support for Dogecoin weakens, the price of Dogecoin is likely to fluctuate sharply.

Musk has been pushing for regulatory approval for X Payments, a financial platform that is interconnected with his X platform, but the process has not been smooth and has encountered many obstacles.

Despite Musk's efforts, he has yet to obtain full regulatory approval from all U.S. states, a situation that is likely to delay the platform's release.
Even if it is successfully approved in the future, given Dogecoin's own inflationary characteristics, the probability of it being selected as the main payment currency is still at a low level.
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On December 20, BTC’s deep wash-out exacerbated market panic. When will Ethereum’s altcoins stop falling? Should we sell at a loss or cover our positions?Market Review: The highest price of the first one yesterday was 102800, the lowest price was 95700, and the fluctuation was 7100 points. The highest price of the second one yesterday was 3720, the lowest price was 3326, and the fluctuation was 394 points. Yesterday was Thursday Big Bread and Two Bread continued to pull back today. Yesterday, Big Bread rebounded to the resistance near 103,000 and began to pull back directly. It did not continue to rush up. Two Breads have not touched the position of 3,800, and only came down to a little over 3,700. Today's pullback of Big Bread and Two Breads is relatively the same as the previous rise, and they have independent trends. Big Bread and Two Breads fell, while the Copycat did not fall much today. Compared with the decline of Big Bread and Two Breads, the Copycat basically did not fall, and some are still rebounding. It was a little early to cover the position yesterday, but I personally think it is not a big problem. If you don't buy at the current price, and then it goes up again later, thinking about chasing the rise, you will be in trouble again. Just buy when it falls sharply, and you don't need to think about it so much. Now relative to Two Breads and Copycat, the positions are well allocated. Just buy a few Copycats and hold them. Don't go all in. 80% of the positions are good. But I emphasize here that you should not do leveraged contracts

On December 20, BTC’s deep wash-out exacerbated market panic. When will Ethereum’s altcoins stop falling? Should we sell at a loss or cover our positions?

Market Review:

The highest price of the first one yesterday was 102800, the lowest price was 95700, and the fluctuation was 7100 points. The highest price of the second one yesterday was 3720, the lowest price was 3326, and the fluctuation was 394 points. Yesterday was Thursday
Big Bread and Two Bread continued to pull back today. Yesterday, Big Bread rebounded to the resistance near 103,000 and began to pull back directly. It did not continue to rush up. Two Breads have not touched the position of 3,800, and only came down to a little over 3,700. Today's pullback of Big Bread and Two Breads is relatively the same as the previous rise, and they have independent trends. Big Bread and Two Breads fell, while the Copycat did not fall much today. Compared with the decline of Big Bread and Two Breads, the Copycat basically did not fall, and some are still rebounding. It was a little early to cover the position yesterday, but I personally think it is not a big problem. If you don't buy at the current price, and then it goes up again later, thinking about chasing the rise, you will be in trouble again. Just buy when it falls sharply, and you don't need to think about it so much. Now relative to Two Breads and Copycat, the positions are well allocated. Just buy a few Copycats and hold them. Don't go all in. 80% of the positions are good. But I emphasize here that you should not do leveraged contracts
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Bitcoin is falling and reversing to pick up people? "It keeps falling? It's a good time to buy at the bottom! How to accurately arrange when the price of the currency is low and make a lot of money!"The day before yesterday, I reminded everyone that the market might be about to correct. As a result, Bitcoin really plummeted, and nearly 300,000 people were forced to close their positions. It was a horrible sight! In fact, there are two main reasons for this plunge: One is that the Federal Reserve’s interest rate cut plan for next year is not strong enough, which has caused bad luck for the U.S. stock market and Bitcoin as well; Another thing is that Federal Reserve Chairman Powell said that they will not buy Bitcoin and do not want to change the law. But I think these two problems are temporary and the market will digest them after a while. Let's talk about today's daily $BTC market analysis. From the K-line, the 1-hour level is down, the 4-hour level is down, the 12-hour level is down, and the daily level is down. The intraday pressure level is 99,000 and the support level is 94,000 US dollars. Note that 95,000 is an important key position! !

Bitcoin is falling and reversing to pick up people? "It keeps falling? It's a good time to buy at the bottom! How to accurately arrange when the price of the currency is low and make a lot of money!"

The day before yesterday, I reminded everyone that the market might be about to correct. As a result, Bitcoin really plummeted, and nearly 300,000 people were forced to close their positions. It was a horrible sight!

In fact, there are two main reasons for this plunge:
One is that the Federal Reserve’s interest rate cut plan for next year is not strong enough, which has caused bad luck for the U.S. stock market and Bitcoin as well;
Another thing is that Federal Reserve Chairman Powell said that they will not buy Bitcoin and do not want to change the law.
But I think these two problems are temporary and the market will digest them after a while.
Let's talk about today's daily $BTC market analysis. From the K-line, the 1-hour level is down, the 4-hour level is down, the 12-hour level is down, and the daily level is down. The intraday pressure level is 99,000 and the support level is 94,000 US dollars. Note that 95,000 is an important key position! !
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The Fed sharply cuts rate cut expectations, causing a collapse in global markets, and Bitcoin plummets!On December 19, according to 4E monitoring, the Federal Reserve announced a scheduled 25 basis point rate cut on Wednesday, but significantly raised future policy rate expectations and inflation expectations, now anticipating only two rate cuts totaling 50 basis points next year, halved from previous expectations. After the release of the Fed's dot plot and economic outlook summary, risk aversion sharply increased, with all three major U.S. stock indices declining. The S&P 500 index fell 2.95%, the Dow Jones dropped 2.58%, marking ten consecutive days of decline, the longest losing streak since 1974, and the Nasdaq decreased by 3.56%. Tesla fell over 8%, leading the declines among tech giants. Cryptocurrency-related stocks generally fell, with MSTR down 9.52% and Coinbase down 10.2%.

The Fed sharply cuts rate cut expectations, causing a collapse in global markets, and Bitcoin plummets!

On December 19, according to 4E monitoring, the Federal Reserve announced a scheduled 25 basis point rate cut on Wednesday, but significantly raised future policy rate expectations and inflation expectations, now anticipating only two rate cuts totaling 50 basis points next year, halved from previous expectations.

After the release of the Fed's dot plot and economic outlook summary, risk aversion sharply increased, with all three major U.S. stock indices declining. The S&P 500 index fell 2.95%, the Dow Jones dropped 2.58%, marking ten consecutive days of decline, the longest losing streak since 1974, and the Nasdaq decreased by 3.56%. Tesla fell over 8%, leading the declines among tech giants. Cryptocurrency-related stocks generally fell, with MSTR down 9.52% and Coinbase down 10.2%.
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Is Bitcoin forming bearish signals? Will altcoins drop even more?Bitcoin quickly reclaimed the key psychological level of 100,000 USD shortly after breaking below the six-figure price level. Is it bearish in the short term? There are still a few days left until this weekend to 'fully confirm' the downtrend, while 'many things may change.' Technically speaking, this is still bearish before the weekly candle closes. This morning, Bitcoin fell below 100,000 USD for the first time since December 13, hitting a low of around 99,047 USD. Meanwhile, after the Federal Reserve announced a 25 basis point rate cut and hinted that the rate cuts in 2025 might be less than originally planned, the wider cryptocurrency market experienced a sell-off.

Is Bitcoin forming bearish signals? Will altcoins drop even more?

Bitcoin quickly reclaimed the key psychological level of 100,000 USD shortly after breaking below the six-figure price level. Is it bearish in the short term?

There are still a few days left until this weekend to 'fully confirm' the downtrend, while 'many things may change.'
Technically speaking, this is still bearish before the weekly candle closes.

This morning, Bitcoin fell below 100,000 USD for the first time since December 13, hitting a low of around 99,047 USD.
Meanwhile, after the Federal Reserve announced a 25 basis point rate cut and hinted that the rate cuts in 2025 might be less than originally planned, the wider cryptocurrency market experienced a sell-off.
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Bitcoin plummets below 100,000! Powell makes a rare shocking statement! The market is expected to welcome a correction, while also bringing new opportunities.The Federal Reserve announced a 25 basis point rate cut. Although this decision was within market expectations, it still triggered a sharp decline in the US stock market, gold, and the crypto market. The Dow Jones Industrial Average fell by 2.58%, marking its longest consecutive decline since 1974, with 10 trading days in a row. The S&P 500 dropped by 2.95%, and the Nasdaq fell even more sharply by 3.56%, with the S&P experiencing its largest drop on the day of a Fed rate decision since 2001. Gold prices plummeted by $60 on that day. In the crypto market, Bitcoin briefly fell below the $90,000 mark, with an intraday decline of 5%. Other altcoins and meme coins saw even more significant declines, with the total market capitalization of the crypto market dropping below $3.5 trillion, an overall decline of 7.2%.

Bitcoin plummets below 100,000! Powell makes a rare shocking statement! The market is expected to welcome a correction, while also bringing new opportunities.

The Federal Reserve announced a 25 basis point rate cut. Although this decision was within market expectations, it still triggered a sharp decline in the US stock market, gold, and the crypto market. The Dow Jones Industrial Average fell by 2.58%, marking its longest consecutive decline since 1974, with 10 trading days in a row. The S&P 500 dropped by 2.95%, and the Nasdaq fell even more sharply by 3.56%, with the S&P experiencing its largest drop on the day of a Fed rate decision since 2001. Gold prices plummeted by $60 on that day. In the crypto market, Bitcoin briefly fell below the $90,000 mark, with an intraday decline of 5%. Other altcoins and meme coins saw even more significant declines, with the total market capitalization of the crypto market dropping below $3.5 trillion, an overall decline of 7.2%.
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Double Whammy for Stocks and Cryptocurrencies! The Federal Reserve is Expected to Only Cut Rates by 50 Basis Points Next Year, Tesla Plummets 8%, U.S. Stocks Plummet!This morning, the Federal Reserve announced a rate cut of 25 basis points but indicated that it would slow the pace of rate cuts next year, lowering rates by only 50 basis points instead of the 100 basis points expected in September. Due to the slower-than-expected pace of rate cuts, major U.S. stock indexes closed sharply lower today, with the Dow dropping over 1100 points, marking ten consecutive trading days of losses. The cryptocurrency market also experienced a plunge, with Bitcoin falling below the $100,000 mark. This morning, the Federal Reserve announced a 25 basis point rate cut, as expected by the market. The Federal Open Market Committee (FOMC) voted 11 to 1 to lower the federal funds rate to a range of 4.25%-4.5%, with Cleveland Fed President Beth Hammack casting the dissenting vote, advocating for maintaining the rate.

Double Whammy for Stocks and Cryptocurrencies! The Federal Reserve is Expected to Only Cut Rates by 50 Basis Points Next Year, Tesla Plummets 8%, U.S. Stocks Plummet!

This morning, the Federal Reserve announced a rate cut of 25 basis points but indicated that it would slow the pace of rate cuts next year, lowering rates by only 50 basis points instead of the 100 basis points expected in September. Due to the slower-than-expected pace of rate cuts, major U.S. stock indexes closed sharply lower today, with the Dow dropping over 1100 points, marking ten consecutive trading days of losses. The cryptocurrency market also experienced a plunge, with Bitcoin falling below the $100,000 mark.
This morning, the Federal Reserve announced a 25 basis point rate cut, as expected by the market. The Federal Open Market Committee (FOMC) voted 11 to 1 to lower the federal funds rate to a range of 4.25%-4.5%, with Cleveland Fed President Beth Hammack casting the dissenting vote, advocating for maintaining the rate.
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Shiba Inu (SHIB) Whale Profits $109 Million During SHIB Price DeclineStory Highlights A savvy SHIB investor recently sold 250 billion tokens, turning $3,800 into $109 million. During the period when the token's price reached an all-time high, the early investment by the whale grew to $1.22 billion. The price of Shiba Inu has fallen to $0.0000241, raising concerns about its short-term performance. Shiba Inu (SHIB) proves to be more than just a meme coin, with a remarkable price increase of 153.3% over the past year. Recently, a savvy Shiba Inu whale reportedly sold 250 billion SHIB tokens for $6.05 million, with a total profit of $109 million.

Shiba Inu (SHIB) Whale Profits $109 Million During SHIB Price Decline

Story Highlights
A savvy SHIB investor recently sold 250 billion tokens, turning $3,800 into $109 million.
During the period when the token's price reached an all-time high, the early investment by the whale grew to $1.22 billion.

The price of Shiba Inu has fallen to $0.0000241, raising concerns about its short-term performance.
Shiba Inu (SHIB) proves to be more than just a meme coin, with a remarkable price increase of 153.3% over the past year.
Recently, a savvy Shiba Inu whale reportedly sold 250 billion SHIB tokens for $6.05 million, with a total profit of $109 million.
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Global Market Crash! Bloodied chips everywhere, do you dare to pick them up? Buy the dip in 3 cryptocurrencies with 100x returns!In the early hours of today, the Federal Reserve announced a 25 basis point rate cut. Last night, the Fed first cut rates, but almost all other statements and actions were hawkish. Looking back at the strengthening economy, rate cuts slowing down, and the dollar appreciating, gold, Bitcoin, and the stock market have all plummeted. The key is that the closing lines look quite bad. This news is neither good nor bad, but it's always better than not cutting rates, yet there was still a significant drop. This was anticipated last night and communicated in the internal group. As long as it’s not a crash, a few points of decline are actually beneficial for the long-term development of the entire market, after all, some profit-taking is necessary. If you are still facing liquidation after a few points of decline, you really need to rethink your trading strategy.

Global Market Crash! Bloodied chips everywhere, do you dare to pick them up? Buy the dip in 3 cryptocurrencies with 100x returns!

In the early hours of today, the Federal Reserve announced a 25 basis point rate cut. Last night, the Fed first cut rates, but almost all other statements and actions were hawkish.
Looking back at the strengthening economy, rate cuts slowing down, and the dollar appreciating, gold, Bitcoin, and the stock market have all plummeted. The key is that the closing lines look quite bad. This news is neither good nor bad, but it's always better than not cutting rates, yet there was still a significant drop. This was anticipated last night and communicated in the internal group. As long as it’s not a crash, a few points of decline are actually beneficial for the long-term development of the entire market, after all, some profit-taking is necessary. If you are still facing liquidation after a few points of decline, you really need to rethink your trading strategy.
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BTC falls below $100,000, altcoins plummet! He Yi, most memes will return to zeroPlaceholder Partners: Market correction after the Fed FOMC meeting, don’t over-trade Chris Burniske, partner at Placeholder, said in a post on X: “If you’re upset that you didn’t sell before the market correction after the Fed’s FOMC meeting, please understand that you don’t actually have much of an advantage in predicting the market’s reaction. Take this experience as an opportunity to slow down. Don't over-trade. In the long run, just be patient and you'll be fine. Galaxy CEO: BTC market value will surpass gold in 5 to 8 years, and the price will reach $1 million

BTC falls below $100,000, altcoins plummet! He Yi, most memes will return to zero

Placeholder Partners: Market correction after the Fed FOMC meeting, don’t over-trade

Chris Burniske, partner at Placeholder, said in a post on X: “If you’re upset that you didn’t sell before the market correction after the Fed’s FOMC meeting, please understand that you don’t actually have much of an advantage in predicting the market’s reaction.
Take this experience as an opportunity to slow down. Don't over-trade. In the long run, just be patient and you'll be fine.

Galaxy CEO: BTC market value will surpass gold in 5 to 8 years, and the price will reach $1 million
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Today's Cryptocurrency News (December 18, 2024): Binance Announces Delisting of WRX, AKRO, and BLZStory Highlights Binance delisted WRX, AKRO, and BLZ, causing prices to drop by up to 40% Cryptocurrency market capitalization dropped by 2.63%, Fear and Greed Index stands at 80 PENGU's stock price soared by 587.47%, leading today's largest gainers The cryptocurrency market experienced significant turmoil today, with market capitalization falling by 2.63% to $3.67 trillion. The turbulence hindered trader activity, with trading volume also down 1.32% to $203.4 billion. However, the Fear and Greed Index did not change much, continuing to show a score of 80, indicating extreme greed among market participants. Binance delisted WRX, AKRO, and BLZ

Today's Cryptocurrency News (December 18, 2024): Binance Announces Delisting of WRX, AKRO, and BLZ

Story Highlights
Binance delisted WRX, AKRO, and BLZ, causing prices to drop by up to 40%
Cryptocurrency market capitalization dropped by 2.63%, Fear and Greed Index stands at 80

PENGU's stock price soared by 587.47%, leading today's largest gainers
The cryptocurrency market experienced significant turmoil today, with market capitalization falling by 2.63% to $3.67 trillion. The turbulence hindered trader activity, with trading volume also down 1.32% to $203.4 billion. However, the Fear and Greed Index did not change much, continuing to show a score of 80, indicating extreme greed among market participants.
Binance delisted WRX, AKRO, and BLZ
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