Kati Scherbring Rlqw
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Technical analysis indicates that Bitcoin price is trading well above the 200-day Exponential Moving Averages (EMAs) and just taking support of the 50-day EMA. However, the golden crossover of these EMAs further highlights the strength of the uptrend, signaling sustained buying interest.
A successful break above the psychological resistance at $110,000 could trigger a fresh bullish rally, fueled by the unwinding of short positions.
On the downside, the $90,000 level is expected to act as a critical support zone, offering a safety net against significant retracements and providing a stable floor for BTC price in the near term.
#binanceseason
@Binance Square Official
$BTC
A successful break above the psychological resistance at $110,000 could trigger a fresh bullish rally, fueled by the unwinding of short positions.
On the downside, the $90,000 level is expected to act as a critical support zone, offering a safety net against significant retracements and providing a stable floor for BTC price in the near term.
#binanceseason
@Binance Square Official
$BTC
According to the latest data gathered, the current price of Bitcoin is $69,824.68, and BTC is presently ranked No. 1 in the entire crypto ecosystem. The circulation supply of Bitcoin is $1,375,660,239,109.04, with a market cap of 19,701,634 BTC.
In the past 24 hours, the crypto has increased by $1,277.79 in its current value.
For the last 7 days, BTC has been in a good upward trend, thus increasing by 12.82%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
$BTC
#binanceseason
@Binance Square Official
In the past 24 hours, the crypto has increased by $1,277.79 in its current value.
For the last 7 days, BTC has been in a good upward trend, thus increasing by 12.82%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
$BTC
#binanceseason
@Binance Square Official
upward trend, thus increasing by 12.82%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of BTC has increased by 5.49%, adding a colossal average amount of $3,833.37 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Bitcoin Price Prediction 2024
According to the technical analysis of Bitcoin prices expected in 2024, the minimum cost of Bitcoin will be $96,881.02. The maximum level that the BTC price can reach is $99,870.69. The average trading price is expected around $102,860.36.
$BTC
#binanceSeason
@Binance Square Official
During the last month, the price of BTC has increased by 5.49%, adding a colossal average amount of $3,833.37 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Bitcoin Price Prediction 2024
According to the technical analysis of Bitcoin prices expected in 2024, the minimum cost of Bitcoin will be $96,881.02. The maximum level that the BTC price can reach is $99,870.69. The average trading price is expected around $102,860.36.
$BTC
#binanceSeason
@Binance Square Official
According to the latest data gathered, the current price of Bitcoin is $69,824.68, and BTC is presently ranked No. 1 in the entire crypto ecosystem. The circulation supply of Bitcoin is $1,375,660,239,109.04, with a market cap of 19,701,634 BTC.
In the past 24 hours, the crypto has increased by $1,277.79 in its current value.
For the last 7 days, BTC has been in a good upward trend, thus increasing by 12.82%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
@Binance Square Official
#binanceseason
$BTC
In the past 24 hours, the crypto has increased by $1,277.79 in its current value.
For the last 7 days, BTC has been in a good upward trend, thus increasing by 12.82%. Bitcoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
@Binance Square Official
#binanceseason
$BTC
The latest price for one Bitcoin/BTC coin is $96,173. It's down by -2% in the last 24 hours. 52.90% of days, the price of BTC closed above the opening. The maximum price ever recorded in our base for one BTC is $106,744, it was 9 days ago, currently price is down by -9.90% from that high.
From a total of 17 technical indicators, 6 calls to buy, and 7 to sell, the prediction sentiment short-term is bearish based on technical price analysis. The first major uptrend resistance for BTC is at the $99,449 level, it needs to close above that level to continue to move higher, and bottom support sits at $94,381. So if the price falls below $94,381, we may see the price go even lower. On the other hand, if it will be able to close above the $99,449 level, it can go up to the next resistance level at $103,491.
@Binance Square Official
#binanceseason
$BTC
From a total of 17 technical indicators, 6 calls to buy, and 7 to sell, the prediction sentiment short-term is bearish based on technical price analysis. The first major uptrend resistance for BTC is at the $99,449 level, it needs to close above that level to continue to move higher, and bottom support sits at $94,381. So if the price falls below $94,381, we may see the price go even lower. On the other hand, if it will be able to close above the $99,449 level, it can go up to the next resistance level at $103,491.
@Binance Square Official
#binanceseason
$BTC
Merry Christmas 🎁 ⛄
Several experts and market analysts expected BTC to rally well above $100,000 by the end of the year, while others underestimated the potential effect of the ongoing bull season and predicted that the leading cryptocurrency would remain below $100,000. Regardless, BTC hit a new high of $108,200 about a week ago and was trading at $98,000 by press time.
Experts’ BTC Predictions for 2024
Some crypto executives were off the mark with their predictions, while others narrowly missed the target.
In October 2023, Arthur Hayes, the co-founder of the crypto exchange and derivatives trading platform BitMEX and founder of the family office Maelstrom Fund, forecasted that BTC would end 2024 at around $70,000 based on several economic factors. He also stated that BTC would be worth between $750,000 and $1 million by 2026 as financial assets experience an unprecedented boom.
Hayes’ prediction fell short as BTC has traded above $100,000 over the past few weeks. It remains to be seen if the 2026 forecast will come true, although that would be unlikely because the bear season is expected to kick off that year.
eventually changed his prediction to $105,000 by August 2025. Fortunately, his prediction fell a bit closer to bitcoin’s current price.
Another financial executive is venture capital investor Tim Draper, who predicted that BTC would be worth $250,000 by year-end in April but retracted and changed his prediction to $120,000. BTC has yet to rally past $110,000.
Furthermore, Mike Novogratz, the CEO of the crypto investment firm Galaxy Digital, predicted in 2021 that BTC would surge to $500,000 in 2024. However, in March 2024, the prominent Bitcoin advocate adjusted his year-end forecast to $100,000.
$BTC
#binanceSeason
@Binance Square Official
Several experts and market analysts expected BTC to rally well above $100,000 by the end of the year, while others underestimated the potential effect of the ongoing bull season and predicted that the leading cryptocurrency would remain below $100,000. Regardless, BTC hit a new high of $108,200 about a week ago and was trading at $98,000 by press time.
Experts’ BTC Predictions for 2024
Some crypto executives were off the mark with their predictions, while others narrowly missed the target.
In October 2023, Arthur Hayes, the co-founder of the crypto exchange and derivatives trading platform BitMEX and founder of the family office Maelstrom Fund, forecasted that BTC would end 2024 at around $70,000 based on several economic factors. He also stated that BTC would be worth between $750,000 and $1 million by 2026 as financial assets experience an unprecedented boom.
Hayes’ prediction fell short as BTC has traded above $100,000 over the past few weeks. It remains to be seen if the 2026 forecast will come true, although that would be unlikely because the bear season is expected to kick off that year.
eventually changed his prediction to $105,000 by August 2025. Fortunately, his prediction fell a bit closer to bitcoin’s current price.
Another financial executive is venture capital investor Tim Draper, who predicted that BTC would be worth $250,000 by year-end in April but retracted and changed his prediction to $120,000. BTC has yet to rally past $110,000.
Furthermore, Mike Novogratz, the CEO of the crypto investment firm Galaxy Digital, predicted in 2021 that BTC would surge to $500,000 in 2024. However, in March 2024, the prominent Bitcoin advocate adjusted his year-end forecast to $100,000.
$BTC
#binanceSeason
@Binance Square Official
Bitcoin  BTC -2.42% has been on a powerful upward trajectory since the US 2024 election, reaching its apex when it powered through the much-anticipated $100,0000 mark on December 4th. However, it didn’t stop there, and its new all-time high now stands at $108,282.00, marking a +117.19% increased year-to-date (YTD).
The surge can be attributed to factors like the approval of Bitcoin ETFs, the Bitcoin halving, the anticipation of a more crypto-friendly incoming US administration, and increasing institutional interest.
As of December 24, 2024 Bitcoin is trading at $93,888.94, with a very positive outlook. In this Bitcoin price forecast, we provide a detailed BTC price analysis, experts’ outlook, and future projections for the original cryptocurrency.
#Binancesqure
$BTC
#Binanceseason
The surge can be attributed to factors like the approval of Bitcoin ETFs, the Bitcoin halving, the anticipation of a more crypto-friendly incoming US administration, and increasing institutional interest.
As of December 24, 2024 Bitcoin is trading at $93,888.94, with a very positive outlook. In this Bitcoin price forecast, we provide a detailed BTC price analysis, experts’ outlook, and future projections for the original cryptocurrency.
#Binancesqure
$BTC
#Binanceseason
Bitcoin (BTC) price trades below $98,000 on Friday after declining more than 6% this week. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps, closing below their key support and declining 12% and 4.5%, respectively, this week.
This recent price drop has triggered a wave of liquation across the crypto market. This downturn has resulted in over $1.17 billion in total liquidations in the last 24 hours and more than $238 million in BTC, $220 million in ETH, and $47 million in XRP, according to data from CoinGlass.
$BTC
#BinanceSeason
This recent price drop has triggered a wave of liquation across the crypto market. This downturn has resulted in over $1.17 billion in total liquidations in the last 24 hours and more than $238 million in BTC, $220 million in ETH, and $47 million in XRP, according to data from CoinGlass.
$BTC
#BinanceSeason
In a latest development, France’s 5th largest bank, the €863 billion BPCE Group, is gearing up to launch Bitcoin and crypto investment services for its customers in 2025.
The initiative will be deployed through its crypto subsidiary Hexarq, following regulatory approval from the AMF, the country’s financial markets watchdog. It will launch its services within the Banque Populaire and Caisse d’Épargne networks from 2025, as reported by The Big Whale.
Notably, Hexarq recently obtained PSAN (Prestataire de Services sur Actifs Numériques – Virtual Asset Service Provider) authorization, which allows it to operate legally within France’s digital asset market. PSAN authorization is a regulatory framework established in France to oversee digital asset service providers.
$BTC
#BinanceSeason
The initiative will be deployed through its crypto subsidiary Hexarq, following regulatory approval from the AMF, the country’s financial markets watchdog. It will launch its services within the Banque Populaire and Caisse d’Épargne networks from 2025, as reported by The Big Whale.
Notably, Hexarq recently obtained PSAN (Prestataire de Services sur Actifs Numériques – Virtual Asset Service Provider) authorization, which allows it to operate legally within France’s digital asset market. PSAN authorization is a regulatory framework established in France to oversee digital asset service providers.
$BTC
#BinanceSeason
Why is Bitcoin dropping today?
Bitcoin's decline is primarily due to the Federal Reserve's hawkish stance on future interest rate cuts. While the Fed delivered its third consecutive rate cut, they signaled fewer rate reductions for 2025 than previously expected, causing investors to reassess their positions in speculative assets.
Is Bitcoin having issues?
No, Bitcoin isn't experiencing technical issues. The current price movement is a market reaction to broader macroeconomic factors. The cryptocurrency dropped to $98,760 before stabilizing above $100,000, reflecting normal market dynamics in response to monetary policy changes.
#BianceSquare
$BTC
Bitcoin's decline is primarily due to the Federal Reserve's hawkish stance on future interest rate cuts. While the Fed delivered its third consecutive rate cut, they signaled fewer rate reductions for 2025 than previously expected, causing investors to reassess their positions in speculative assets.
Is Bitcoin having issues?
No, Bitcoin isn't experiencing technical issues. The current price movement is a market reaction to broader macroeconomic factors. The cryptocurrency dropped to $98,760 before stabilizing above $100,000, reflecting normal market dynamics in response to monetary policy changes.
#BianceSquare
$BTC
How to Earn Points on BounceBit
To start earning points on BounceBit, you need an early access code. After connecting your wallet, you can earn points by depositing tokens, where the amount deposited will influence the points you receive. You can claim points every 24 hours and earn Boost and Swift cards to give you additional rewards. Read on to find out how to get access codes.
Key Takeaways
BounceBit is a BTC restaking blockchain that aims to let Bitcoin holders earn yield through funding rate arbitrage.
The ecosystem is secured by a dual-token staking system using BTC and BounceBit’s native token, BB.
Users can participate in the Water Margin Event that gives early access to the platform while earning points for depositing tokens.
#bouncebit @BounceBit
To start earning points on BounceBit, you need an early access code. After connecting your wallet, you can earn points by depositing tokens, where the amount deposited will influence the points you receive. You can claim points every 24 hours and earn Boost and Swift cards to give you additional rewards. Read on to find out how to get access codes.
Key Takeaways
BounceBit is a BTC restaking blockchain that aims to let Bitcoin holders earn yield through funding rate arbitrage.
The ecosystem is secured by a dual-token staking system using BTC and BounceBit’s native token, BB.
Users can participate in the Water Margin Event that gives early access to the platform while earning points for depositing tokens.
#bouncebit @BounceBit
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