Discover the three key reasons why Bitcoin’s price decline may soon come to an end and the critical levels from which BTC could rebound, potentially initiating the next phase of a bull run.
Bitcoin is currently trading at $94,650 after falling 12% from its all-time high (ATH) of $108,421. Investors are shocked by the speed of the recent crash, which has wiped out positions worth over $1 billion. However, these three reasons suggest that BTC’s price drop might be nearing its end. Let’s explore what lies ahead for the world’s largest cryptocurrency and the broader crypto markets.
Three Reasons Why Bitcoin’s Price Drop May Soon End
With such a steep decline, the critical question is: “When will the drop stop?” Here are three main reasons why Bitcoin’s price may stabilize soon:
Strong Technical Support for Bitcoin:Analysis shows that a key support level between $90,000 and $90,900 could halt the selling pressure and eliminate bearish momentum.This zone represents the lower boundary where 68% of trading volume occurred between November 11 and December 11. It’s a strong demand zone that can absorb further declines.BTC Holders Are Unlikely to Sell at a Loss:On-chain data reveals that the 30-day MVRV (Market Value to Realized Value) indicator is at -4.17%.This means that the average investor who bought BTC over the last month is sitting on a 4.17% loss. Historically, the -10% to -20% MVRV range is considered the “opportunity zone,” where short-term holders capitulate, and BTC transitions to long-term holders.Whales Are Accumulating Bitcoin:Between December 19 and December 22, whales added 10,000 BTC to their portfolios, signaling confidence in an imminent market recovery. This aligns with both technical indicators and holder behavior, both of which suggest that the ongoing crash could soon end.
Key Support Level: $90,900
Trading data shows that the critical support lies around $90,900. This zone has historically been a strong demand area that could stabilize BTC’s price. If this support holds, Bitcoin may target the next key level at $100,000.
What happens after breaking the $100,000 resistance?The next resistance zone lies between $102,700 and $105,300. Breaking through these barriers could pave the way for Bitcoin to reach new highs.

Market Expectations: Selling Pressure Eases
The MVRV indicator suggests that another significant drop is unlikely. Bitcoin is already 18% below its ATH, meaning there’s limited room for further sharp declines. At this stage, consolidation or a slight recovery appears more probable.

Whales Support Market Growth
Data shows that Bitcoin whales are actively accumulating BTC during the downturn, signaling confidence in a market rebound. This phenomenon is a critical indicator for the market, as whales often influence price direction.

What’s Next?
Bitcoin’s price drop over the past week may have reached its bottom. The key psychological support level at $90,900 will be crucial in determining the next direction. If BTC holds this level, it could quickly recover or enter a consolidation phase. Investors should closely monitor these levels as they could be the key to initiating a new growth phase.

#BTC☀ , #bitcoin , #cryptonews , #CryptoPredictions , #cryptocurrency

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The exact reason for Ripple's transfer of 90 million XRP is unknown, but large transfers often present several potential scenarios.

Such moves could be related to routine liquidity transactions or the preparation of on-demand liquidity (ODL) services. There is also the option of restructuring wallets and managing internal funds.
Large transfers to an unknown wallet not associated with a #cryptocurrency exchange may indicate a purchase. In this case, #XRP could have been accumulated by whales or institutional investors.
It is worth noting that the timing of the transfers coincided with a period of high market volatility, when some cryptoassets were trading at a discount, and a few days after the launch of RLUSD. LINE_. #Ripple USD (RLUSD) Stablecoin appeared on global exchanges on December 17, marking a major milestone for Ripple and the crypto community Ripple USD (RLUSD) is described as an enterprise-grade
i stablecoin. It is described as a first-class, fully backed USD in the XRP Ledger, combining the stability of fiat with the efficiency of #blockchain .
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#CryptoAdoption

🚀#WLD Analysis: 🚀🚀Pump Alert 🚨🚨On WorldCoin (WLD) What Next ??
Hey, traders! Let’s talk about the exciting movement in WorldCoin (WLD). The chart is showing a clear Falling Wedge Pattern, which is one of the strongest bullish reversal signals in technical analysis. The price has been moving inside a narrowing wedge and now seems ready for a breakout.
🔰Current Price:  $2.20 🎯 Target Price:   $3.080-$3.1
⚡What to do ?👀Keep an eye on $WLD . We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡⚡
👇🔥I'll likely make my content private soon, and my content will show only to my followers. so make sure to follow me here , so u won't miss this and my future content.
#Cryptocurrency #TechnicalAnalysis $WLD #WorldCoin #WLDPumpAlert

After a week marked by volatility, with ups and downs under the shelter of rates and inflation, American supremacy continues to dominate market discourse. The SP500 is set to close 2024 with an impressive gain of over 24%, driven by appetite for US stocks at the expense of international assets, especially emerging ones. However, this preference has led to extreme valuations, which could increase vulnerability to shocks like the one experienced this past week.

According to analyst Benjamin Cowan, Ethereum will rise against Bitcoin.

According to Cowen, ETH/BTC will rise in early 2025, regardless of how the #cryptocurrency behaves against the U. S. dollar.
BREAK Think about this: historically, ETH/BTC bottoms out in December or January.
It's December 22nd. What I think: #ETH will probably remain weak against #bitcoin for the rest of the year. That doesn't mean it won't have a green week. But it will likely remain weak for the rest of the year - possibly into early January. And regardless of the direction of BTC/USD, we expect ETH/BTC to start rising in 2025.
Cowan also notes that based on past market cycles, 2025 should be a good year for ETH/BTC in terms of quarterly returns. LINE
But what do you notice in 2021, ETH/BTC in the green that you noticed in 2017? At least ETH/BTC was green in the first half and red in the second half, but then it went back to green in 2018.
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#CryptoTrends #CompassInvestments