btcupdates2024
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#BTCAlert
#btcupdates2024
Confirm and perfect Analysis going in!
It is confirm now by BTC false break that it will not break its top resistance 99540$
Do not listen to those people who tell you analysis on 5M or 15 or 30M charts for bullish breakout.
Because these are short things, real long term bull signals happens on 1 hour, 4H charts!
Once a real breakout done, it will go very up consistently.
Now if some wants to take Short on futures he can take by using stop loss of 99540
With the profit of 93K and then leave it.
I believe in my analysis it will work 🚀
Get away from market mover influencers.
Do not buy a high price asset in such typical uncertain market situation.
Do support me if you like my content.
#BinanceSquareFamily
#MyFamily
#BtcStruggling
#btcupdates2024
Confirm and perfect Analysis going in!
It is confirm now by BTC false break that it will not break its top resistance 99540$
Do not listen to those people who tell you analysis on 5M or 15 or 30M charts for bullish breakout.
Because these are short things, real long term bull signals happens on 1 hour, 4H charts!
Once a real breakout done, it will go very up consistently.
Now if some wants to take Short on futures he can take by using stop loss of 99540
With the profit of 93K and then leave it.
I believe in my analysis it will work 🚀
Get away from market mover influencers.
Do not buy a high price asset in such typical uncertain market situation.
Do support me if you like my content.
#BinanceSquareFamily
#MyFamily
#BtcStruggling
GodChosen:
Mean Scalping trades for profits within shorter time-frame. (1-5) mins.
$BTC
Bitcoin (BTC) has shown significant volatility in the past six hours, reflecting the dynamic nature of the cryptocurrency market. Currently priced at $97,958, Bitcoin has experienced a notable change of $3,572 (+3.78%) from its previous close. Intraday movements have seen a high of $99,403 and a low of $93,723.
#BTC #bitcoin #btcupdates2024 #BinanceAlphaAlert #MarketRebound
Bitcoin (BTC) has shown significant volatility in the past six hours, reflecting the dynamic nature of the cryptocurrency market. Currently priced at $97,958, Bitcoin has experienced a notable change of $3,572 (+3.78%) from its previous close. Intraday movements have seen a high of $99,403 and a low of $93,723.
#BTC #bitcoin #btcupdates2024 #BinanceAlphaAlert #MarketRebound
$BTC Alert
#btcupdates2024
Confirm and perfect Analysis going in!
It is confirm now by BTC false break that it will not break its top resistance 99540$
Do not listen to those people who tell you analysis on 5M or 15 or 30M charts for bullish breakout.
Because these are short things, real long term bull signals happens on 1 hour, 4H charts!
Once a real breakout done, it will go very up consistently.
Now if some wants to take Short on futures he can take by using stop loss of 99540
With the profit of 93K and then leave it.
I believe in my analysis it will work 🚀
Get away from market mover influencers.
Do not buy a high price asset in such typical uncertain market situation.
Do support me if you like my content.
#BinanceSquareFamily
#MyFamily
#BtcStruggling
#btcupdates2024
Confirm and perfect Analysis going in!
It is confirm now by BTC false break that it will not break its top resistance 99540$
Do not listen to those people who tell you analysis on 5M or 15 or 30M charts for bullish breakout.
Because these are short things, real long term bull signals happens on 1 hour, 4H charts!
Once a real breakout done, it will go very up consistently.
Now if some wants to take Short on futures he can take by using stop loss of 99540
With the profit of 93K and then leave it.
I believe in my analysis it will work 🚀
Get away from market mover influencers.
Do not buy a high price asset in such typical uncertain market situation.
Do support me if you like my content.
#BinanceSquareFamily
#MyFamily
#BtcStruggling
#btcupdates2024
#BTCAlert
#btcupdates2024
Confirm and perfect Analysis going in!
It is confirm now by BTC false break that it will not break its top resistance 99540$
Do not listen to those people who tell you analysis on 5M or 15 or 30M charts for bullish breakout.
Because these are short things, real long term bull signals happens on 1 hour, 4H charts!
Once a real breakout done, it will go very up consistently.
#BTCAlert
#btcupdates2024
Confirm and perfect Analysis going in!
It is confirm now by BTC false break that it will not break its top resistance 99540$
Do not listen to those people who tell you analysis on 5M or 15 or 30M charts for bullish breakout.
Because these are short things, real long term bull signals happens on 1 hour, 4H charts!
Once a real breakout done, it will go very up consistently.
Bitcoin at $92,000 or Panic Plunge ? A Brief Market Analysis
#btcupdates2024 #BTCUSDT. #bitcoin #Write2Earn
#MarketRebound
$BTC
Overview :
Bitcoin faces critical levels, with potential for a bullish breakout to $92,000 or a bearish panic-driven plunge. Here's the analysis:
Key Levels :
Support : $92,000 (major), $88,000, $85,000 (secondary).
Resistance : $94,500 (key), $100,000 (psychological).
Technical Scenarios :
Segment A : Consolidation near $92,000 signals preparation for a move.
Segment B : Testing $100,000 could reveal bullish strength.
Segment C : Forced short covering may trigger rapid price action.
Segment D : $108,000 rally could lead to sharp profit-taking and corrections.
Segment E : Panic decline risks corrections below $88,000.
Fundamentals :
Trump’s bullish stance supports sentiment.
Powell’s hawkish tone adds bearish pressure.
Market volatility reflects conflicting macro signals.
Trade Ideas :
Long : Buy at $93,000–$94,000; SL: $92,000; TP: $99,000, $100,000, $103,000.
Short : Sell at $94,000–$94,500; SL: $99,500; TP: $92,000, $88,000, $85,000.
Pro-Tip :
For bulls, watch $92,000 as a strong buying zone; for bears, capitalize on rejection near $94,500.
Conclusion :
Bitcoin is at a crossroads with strong resistance at $94,500. Stay vigilant for either a breakout or sharp corrections, as market signals indicate increased volatility.
#btcupdates2024 #BTCUSDT. #bitcoin #Write2Earn
#MarketRebound
$BTC
Overview :
Bitcoin faces critical levels, with potential for a bullish breakout to $92,000 or a bearish panic-driven plunge. Here's the analysis:
Key Levels :
Support : $92,000 (major), $88,000, $85,000 (secondary).
Resistance : $94,500 (key), $100,000 (psychological).
Technical Scenarios :
Segment A : Consolidation near $92,000 signals preparation for a move.
Segment B : Testing $100,000 could reveal bullish strength.
Segment C : Forced short covering may trigger rapid price action.
Segment D : $108,000 rally could lead to sharp profit-taking and corrections.
Segment E : Panic decline risks corrections below $88,000.
Fundamentals :
Trump’s bullish stance supports sentiment.
Powell’s hawkish tone adds bearish pressure.
Market volatility reflects conflicting macro signals.
Trade Ideas :
Long : Buy at $93,000–$94,000; SL: $92,000; TP: $99,000, $100,000, $103,000.
Short : Sell at $94,000–$94,500; SL: $99,500; TP: $92,000, $88,000, $85,000.
Pro-Tip :
For bulls, watch $92,000 as a strong buying zone; for bears, capitalize on rejection near $94,500.
Conclusion :
Bitcoin is at a crossroads with strong resistance at $94,500. Stay vigilant for either a breakout or sharp corrections, as market signals indicate increased volatility.
Bitcoin Dominance : Short-Term Breakdown Analysis
#BTC #BTC☀ #BTC🔥🔥🔥🔥🔥 #btcupdates2024 #BinanceSquareTalks
$BTC
Current Status :
Bitcoin dominance (BTC.D) is forming a corrective wave pattern (ABCDE) within a descending wedge, indicating a potential bearish breakdown.
Resistance Levels :
Major Resistance :
60% dominance level remains unbroken, serving as a key ceiling.
Intermediate Resistance :
57.75% is a short-term resistance trendline in the pattern.
Support Levels :
Primary Support : 56% dominance, key for immediate stability.
Breakdown Target : A move below 55% could lead to 52.5% and eventually towards 50%.
🔍 Indicators :
RSI : Currently at 32.78, nearing oversold territory, indicating potential short-term relief before continuation of the downtrend.
AO (Awesome Oscillator) : Shows bearish momentum, confirming downward pressure.
📉 Analysis :
The chart suggests BTC dominance is losing strength within the corrective structure. If the G-F leg breaks below the wedge support, a sharp collapse may follow, aligning with altcoin gains.
Conclusion : Bitcoin dominance is poised for a short-term drop unless it reclaims key resistance levels. Traders should monitor dominance closely to capitalize on altcoin opportunities.
Pro-Tip :
Action : Shift focus to altcoins during BTC dominance drops as they often rally during these periods.
Risk Management : Stay cautious near critical supports; invalidation above 60% resistance.
#BTC #BTC☀ #BTC🔥🔥🔥🔥🔥 #btcupdates2024 #BinanceSquareTalks
$BTC
Current Status :
Bitcoin dominance (BTC.D) is forming a corrective wave pattern (ABCDE) within a descending wedge, indicating a potential bearish breakdown.
Resistance Levels :
Major Resistance :
60% dominance level remains unbroken, serving as a key ceiling.
Intermediate Resistance :
57.75% is a short-term resistance trendline in the pattern.
Support Levels :
Primary Support : 56% dominance, key for immediate stability.
Breakdown Target : A move below 55% could lead to 52.5% and eventually towards 50%.
🔍 Indicators :
RSI : Currently at 32.78, nearing oversold territory, indicating potential short-term relief before continuation of the downtrend.
AO (Awesome Oscillator) : Shows bearish momentum, confirming downward pressure.
📉 Analysis :
The chart suggests BTC dominance is losing strength within the corrective structure. If the G-F leg breaks below the wedge support, a sharp collapse may follow, aligning with altcoin gains.
Conclusion : Bitcoin dominance is poised for a short-term drop unless it reclaims key resistance levels. Traders should monitor dominance closely to capitalize on altcoin opportunities.
Pro-Tip :
Action : Shift focus to altcoins during BTC dominance drops as they often rally during these periods.
Risk Management : Stay cautious near critical supports; invalidation above 60% resistance.
$BTC
purchase some Bitcoins cause it's going to surprisingly good in few days
Monochrome Bitcoin ETF Reaches 261 BTC Holdings
According to Odaily, the Australian Monochrome Spot Bitcoin ETF (IBTC) reported holdings of 261 BTC as of December 24.
#btcupdates2024 #BTCUSDT
purchase some Bitcoins cause it's going to surprisingly good in few days
Monochrome Bitcoin ETF Reaches 261 BTC Holdings
According to Odaily, the Australian Monochrome Spot Bitcoin ETF (IBTC) reported holdings of 261 BTC as of December 24.
#btcupdates2024 #BTCUSDT
With Major Liquidity Swept and RSI reset Bitcoin is now going UP🔥💥🚀
$BTC
In the last few days, after achieving a new all-time high of $108,000, Bitcoin has experienced a massive dump, liquidating many retail traders using leverage. This market downturn was caused by several factors. First, Bitcoin was severely overbought and overdue for a correction. Second, Jerome Powell added to the market uncertainty by making strong anti-Bitcoin statements, dashing hopes of the U.S. adding BTC to its Federal Reserve reserves.
As a result, the market saw a steep fall, with major altcoins such as SOL and DOGE dropping over 30%.
The Main Question: What’s Next?
Bitcoin is unlikely to go up from here in the immediate term. Instead, it may be better to position for a short targeting the $90-91K range. The market might remain bearish over the Christmas holidays, giving “holiday discount” vibes. It’s not a good idea to buy Bitcoin with leverage at this moment. Waiting until next Monday to reevaluate might be a safer option.
Technical Analysis:
As highlighted, Bitcoin has broken out of an ascending channel and dropped significantly. One of the key technical reasons for this is the overbought RSI. Major resistance is currently around 99.7K, while key support lies between 89.5K and 87.5K. A break below these levels could indicate a strong move in either direction.
The most liquidity is around 92.2K, where Bitcoin is likely to gravitate before making an upward move. Additionally, RSI has hit a support level, which increases the possibility of a bounce from here.
Outlook:
After the holidays and once Bitcoin sweeps the lower liquidity levels, we could see an excellent buying opportunity. There is potential for BTC to reach 118K by the end of January. Moreover, Donald Trump’s inauguration could act as a catalyst to drive Bitcoin’s price higher once again.
#BTCNextMove #MarketCorrectionBuyOrHODL? #btcupdates2024
In the last few days, after achieving a new all-time high of $108,000, Bitcoin has experienced a massive dump, liquidating many retail traders using leverage. This market downturn was caused by several factors. First, Bitcoin was severely overbought and overdue for a correction. Second, Jerome Powell added to the market uncertainty by making strong anti-Bitcoin statements, dashing hopes of the U.S. adding BTC to its Federal Reserve reserves.
As a result, the market saw a steep fall, with major altcoins such as SOL and DOGE dropping over 30%.
The Main Question: What’s Next?
Bitcoin is unlikely to go up from here in the immediate term. Instead, it may be better to position for a short targeting the $90-91K range. The market might remain bearish over the Christmas holidays, giving “holiday discount” vibes. It’s not a good idea to buy Bitcoin with leverage at this moment. Waiting until next Monday to reevaluate might be a safer option.
Technical Analysis:
As highlighted, Bitcoin has broken out of an ascending channel and dropped significantly. One of the key technical reasons for this is the overbought RSI. Major resistance is currently around 99.7K, while key support lies between 89.5K and 87.5K. A break below these levels could indicate a strong move in either direction.
The most liquidity is around 92.2K, where Bitcoin is likely to gravitate before making an upward move. Additionally, RSI has hit a support level, which increases the possibility of a bounce from here.
Outlook:
After the holidays and once Bitcoin sweeps the lower liquidity levels, we could see an excellent buying opportunity. There is potential for BTC to reach 118K by the end of January. Moreover, Donald Trump’s inauguration could act as a catalyst to drive Bitcoin’s price higher once again.
#BTCNextMove #MarketCorrectionBuyOrHODL? #btcupdates2024
Square-Creator-52e6ba56b2a1000be2ad:
Bullish
$BTC Making a strong bullish momentum after 92k .
Its next target is 110k .
It's creating a new strategy for the next movement but we catch it 😃
Buy and enjoy you trade
@BTC Wires
#btcupdates2024
Its next target is 110k .
It's creating a new strategy for the next movement but we catch it 😃
Buy and enjoy you trade
@BTC Wires
#btcupdates2024
akazd9682:
It will probably drop to 60k to 70k😆😆😆😆😆
🚨 $BTC /USDT: Eyes on the Next Move! 🚨
Current Price: $95,519.01 (-2.02%)
24H Range: $94,424.00 - $97,577.99
Volume: 18,406.92 BTC (24H)
Bitcoin is consolidating near the $95,500 zone after a steep decline from the $108,000 mark. The 1-hour chart shows a potential for reversal, with key levels defining the next move.
Key Levels to Watch:
Immediate Support: $94,424 (24H Low)
Resistance Zone: $97,307 - $97,577
Breakout Target: $103,000
Trading Strategy:
Entry Zone: $95,500 - $95,700
Target 1: $97,000
Target 2: $103,000
Stop-Loss: $93,800
Bitcoin’s recent price movement suggests volatility ahead, making this a prime setup for short-term traders. Stay sharp and manage risks effectively—BTC's next direction could bring significant opportunities!
#BTCNextMove #BTC☀ #btcupdates2024
Current Price: $95,519.01 (-2.02%)
24H Range: $94,424.00 - $97,577.99
Volume: 18,406.92 BTC (24H)
Bitcoin is consolidating near the $95,500 zone after a steep decline from the $108,000 mark. The 1-hour chart shows a potential for reversal, with key levels defining the next move.
Key Levels to Watch:
Immediate Support: $94,424 (24H Low)
Resistance Zone: $97,307 - $97,577
Breakout Target: $103,000
Trading Strategy:
Entry Zone: $95,500 - $95,700
Target 1: $97,000
Target 2: $103,000
Stop-Loss: $93,800
Bitcoin’s recent price movement suggests volatility ahead, making this a prime setup for short-term traders. Stay sharp and manage risks effectively—BTC's next direction could bring significant opportunities!
#BTCNextMove #BTC☀ #btcupdates2024
BlackRock made headlines with the statement in the ad Bitcoin
that "there is no guarantee that the 21 million BTC limit will not change."
Does that mean that in the future BTC could be more than 21 million?
$BTC #btcupdates2024 #BlackRocks
that "there is no guarantee that the 21 million BTC limit will not change."
Does that mean that in the future BTC could be more than 21 million?
$BTC #btcupdates2024 #BlackRocks
El Salvador’s President Bukele Increases Bitcoin Purchases, Aims For 20,000 More BTC
#ElSalvadorBTCReserve #btcupdates2024
El Salvador has announced plans to purchase 20,000 additional $BTC . This would reinforce its position as the world’s first country to adopt the cryptocurrency as legal tender.
Max Keiser, senior Bitcoin advisor to President Nayib Bukele, disclosed that the country has stepped up its daily Bitcoin purchases. It is adding 11 Bitcoin worth $1.06 million in its latest acquisition.
El Salvador has announced plans to purchase 20,000 additional $BTC . This would reinforce its position as the world’s first country to adopt the cryptocurrency as legal tender.
Max Keiser, senior Bitcoin advisor to President Nayib Bukele, disclosed that the country has stepped up its daily Bitcoin purchases. It is adding 11 Bitcoin worth $1.06 million in its latest acquisition.
Expert Warns of Two More Crashes Before Bitcoin Price Peaks at $225K
Adrian Zduńczyk, a certified market analyst, forecasts that Bitcoin price might undergo two more 20% to 30% dips before BTC hits a peak of $225,000 in this bull run. This outlook suggests that the recent crash was normal and that the uptrend will continue.
Expert Hints Bitcoin Price to Hit $225K After Two More Crashes
While the recent drop caused billions in positions to be liquidated, Saturday has seen Bitcoin price recover 7% from the December 20 swing low of $92,230. BTC currently trades at $98,859, showing strength after a brutal crypto market crash. Popular and certified analyst Adrian Zduńczyk posted to X stating that 80% of Bitcoin’s bull run is now behind us. Regarding the recent crash, Zduńczyk notes that two more 20% to 30% crashes might occur before Bitcoin price hits $225,000, an all-time high for the ongoing bull cycle.
BNC Liquid Index 1-Week Chart
He paints a bullish picture for the remaining 20% of the bull run, saying, “Real altseason will happen after BTC top.” The expert warns investors to “realize gains” before 2025 ends.
Bitcoin Technical Analysis: What BTC Needs To Resume Uptrend
Bitcoin price crashed 15% from its ATH of $108,41.6 and now trades at $98K. Using the Volume Profile indicator between November 11 and December 11 shows that 68% of the volume is concentrated between the value area high (VAH) at $100,000 and the value area low (VAL) at $90,915. Interestingly, the recent drop has brought BTC back into the 68% volume profile range.
For a bullish Bitcoin price prediction, BTC bulls need to overcome two key barriers. The VAH at $100K is the first hurdle, followed by the daily imbalance, which extends from $102.7K to $105.3K.
BTC/USDT 12-hour chart
On the other hand, if Bitcoin bears are still in control, then the ongoing recovery could face rejection at $100K or the aforementioned daily imbalance, stretching from 102.7K to $105.3K. In such a case, Bitcoin price could continue its descent and retest the range low or VAL at $90,915.
Disclamation: Recommendations, suggestions, views given by the crypto experts. It’s not financial advice. You must do your own research before investing crypto markets. Crypto Wolf is always trying to share valuable news for trading, staking, investing after our own research. Information source crypto experts analysis.
#RideTheKaiaWave #BURNGMT #btcupdates2024 #Bitcoin❗ #BURNGMT #BTCanalysis
Expert Hints Bitcoin Price to Hit $225K After Two More Crashes
While the recent drop caused billions in positions to be liquidated, Saturday has seen Bitcoin price recover 7% from the December 20 swing low of $92,230. BTC currently trades at $98,859, showing strength after a brutal crypto market crash. Popular and certified analyst Adrian Zduńczyk posted to X stating that 80% of Bitcoin’s bull run is now behind us. Regarding the recent crash, Zduńczyk notes that two more 20% to 30% crashes might occur before Bitcoin price hits $225,000, an all-time high for the ongoing bull cycle.
BNC Liquid Index 1-Week Chart
He paints a bullish picture for the remaining 20% of the bull run, saying, “Real altseason will happen after BTC top.” The expert warns investors to “realize gains” before 2025 ends.
Bitcoin Technical Analysis: What BTC Needs To Resume Uptrend
Bitcoin price crashed 15% from its ATH of $108,41.6 and now trades at $98K. Using the Volume Profile indicator between November 11 and December 11 shows that 68% of the volume is concentrated between the value area high (VAH) at $100,000 and the value area low (VAL) at $90,915. Interestingly, the recent drop has brought BTC back into the 68% volume profile range.
For a bullish Bitcoin price prediction, BTC bulls need to overcome two key barriers. The VAH at $100K is the first hurdle, followed by the daily imbalance, which extends from $102.7K to $105.3K.
BTC/USDT 12-hour chart
On the other hand, if Bitcoin bears are still in control, then the ongoing recovery could face rejection at $100K or the aforementioned daily imbalance, stretching from 102.7K to $105.3K. In such a case, Bitcoin price could continue its descent and retest the range low or VAL at $90,915.
Disclamation: Recommendations, suggestions, views given by the crypto experts. It’s not financial advice. You must do your own research before investing crypto markets. Crypto Wolf is always trying to share valuable news for trading, staking, investing after our own research. Information source crypto experts analysis.
#RideTheKaiaWave #BURNGMT #btcupdates2024 #Bitcoin❗ #BURNGMT #BTCanalysis
Michael Saylor says that Bitcoin could go to $1 and MicroStrategy would not get liquidated, they would just keep buying $BTC
@Bitcoin i don't think that's going to happen what your thoughts on this 🤔💭
#btcupdates2024 #BTCUSDT! if we look at others crypto they are also moving crazy down
i think something big is going to happen
#btc125k is going to be the next all time high soon
@Bitcoin i don't think that's going to happen what your thoughts on this 🤔💭
#btcupdates2024 #BTCUSDT! if we look at others crypto they are also moving crazy down
i think something big is going to happen
#btc125k is going to be the next all time high soon
hello good news for everyone $BTC is falling to rise
$BTC
fall more than 9 % today and its going to fall a little more in few hours
after we are going to witness a massive grow in $BTC SO GO AND BUT
#btcupdates2024
$BTC
fall more than 9 % today and its going to fall a little more in few hours
after we are going to witness a massive grow in $BTC SO GO AND BUT
#btcupdates2024
Bitcoin’s Dominance Soars in 2024: Spot ETFs and Institutional Adoption Drive Growth The year 2024
Bitcoin’s Dominance Soars in 2024: Spot ETFs and Institutional Adoption Drive Growth
The year 2024 has proven transformative for digital assets, with Bitcoin (BTC) experiencing a surge in institutional adoption. This evolution has been driven by two key factors: the integration of Bitcoin into public balance sheets as a treasury asset and the growing success of U.S. spot-listed exchange-traded funds (ETFs), which have collectively secured over 1 million BTC.
Bitcoin ETFs Outpace Gold in AUM
A report from K33 Research highlights that U.S.-listed Bitcoin ETFs have surpassed Gold ETFs in total assets under management (AUM), including leveraged and futures-based products. As of December 17, Bitcoin ETFs boast an AUM of $129.25 billion, narrowly exceeding the $128.88 billion held by Gold ETFs.
When focusing exclusively on spot-based ETFs, Gold still holds a slight lead. According to Bloomberg Senior ETF Analyst Eric Balchunas, U.S. spot Bitcoin ETFs manage $120 billion in AUM, compared to $125 billion for spot Gold ETFs.
Institutional Activity at the CME
The Chicago Mercantile Exchange (CME), a key platform for institutional Bitcoin trading, continues to see robust activity. Futures open interest has reached new highs, with contracts totaling 212,635 BTC.
The basis trade premium — a measure of market confidence — has climbed to 16.4%, the highest level since November 2023. The premium for January contracts is particularly notable, widening to 1.5% over December contracts. This marks the largest next-month premium recorded since late 2023.
The December CME contract remains the most valuable, with open interest equivalent to 113,480 BTC. Analysts anticipate a significant December roll, potentially amplified by upcoming banking holidays, which could further boost the January premium.
Consistent Inflows into Bitcoin ETFs
Since November 27, U.S. spot-listed Bitcoin ETFs have recorded daily net inflows, accumulating $6.5 billion by mid-December, according to Farside data. A substantial portion of these inflows is linked to cash-and-carry trades, benefiting from the widening basis trade premium and growing open interest on CME contracts.
The Road Ahead
With strong institutional interest and the continued rise of Bitcoin ETFs, the digital asset market is poised for further growth. The developments in 2024 underscore Bitcoin’s increasing appeal as both a treasury asset and a financial instrument, solidifying its position in the broader investment landscape.
#btcupdates2024 #BtcNews #btc $BTC
The year 2024 has proven transformative for digital assets, with Bitcoin (BTC) experiencing a surge in institutional adoption. This evolution has been driven by two key factors: the integration of Bitcoin into public balance sheets as a treasury asset and the growing success of U.S. spot-listed exchange-traded funds (ETFs), which have collectively secured over 1 million BTC.
Bitcoin ETFs Outpace Gold in AUM
A report from K33 Research highlights that U.S.-listed Bitcoin ETFs have surpassed Gold ETFs in total assets under management (AUM), including leveraged and futures-based products. As of December 17, Bitcoin ETFs boast an AUM of $129.25 billion, narrowly exceeding the $128.88 billion held by Gold ETFs.
When focusing exclusively on spot-based ETFs, Gold still holds a slight lead. According to Bloomberg Senior ETF Analyst Eric Balchunas, U.S. spot Bitcoin ETFs manage $120 billion in AUM, compared to $125 billion for spot Gold ETFs.
Institutional Activity at the CME
The Chicago Mercantile Exchange (CME), a key platform for institutional Bitcoin trading, continues to see robust activity. Futures open interest has reached new highs, with contracts totaling 212,635 BTC.
The basis trade premium — a measure of market confidence — has climbed to 16.4%, the highest level since November 2023. The premium for January contracts is particularly notable, widening to 1.5% over December contracts. This marks the largest next-month premium recorded since late 2023.
The December CME contract remains the most valuable, with open interest equivalent to 113,480 BTC. Analysts anticipate a significant December roll, potentially amplified by upcoming banking holidays, which could further boost the January premium.
Consistent Inflows into Bitcoin ETFs
Since November 27, U.S. spot-listed Bitcoin ETFs have recorded daily net inflows, accumulating $6.5 billion by mid-December, according to Farside data. A substantial portion of these inflows is linked to cash-and-carry trades, benefiting from the widening basis trade premium and growing open interest on CME contracts.
The Road Ahead
With strong institutional interest and the continued rise of Bitcoin ETFs, the digital asset market is poised for further growth. The developments in 2024 underscore Bitcoin’s increasing appeal as both a treasury asset and a financial instrument, solidifying its position in the broader investment landscape.
#btcupdates2024 #BtcNews #btc $BTC
why people losses money in crypto if the profitability is too high ?
$BTC
$ETH
$XRP
"The profit you make in a week , you ended up loose it in a minute "
#WeAreAllSatoshi #btcupdates2024
I've seen a lot of bull run pridicted accurately but always end in a big loss the reason behind all my losses are my trading psychology which i think that maximum traders have too . as we all know crypto market is 24/7 open with high profitability and many traders like me they make most of their trades in profit I've seen people making insane returns like 1000% which makes their psychology of never loosing , and that's the reason where they looses all their money in one single trade is just because your psychology of never loosing perception went wrong .i believe that you don't have to come up with a big capital to make big . market is a big water 🌊 fall , sometimes pressure is high sometimes is low if you try to fill a glass of water in a high pressure it won't fill up the glass what you have to do is start filling it drop by drop cuz it's a never ending source with tremendous opportunity will comes and go . just change your psychology .
- DJ-X-OFFICIAL 🕸️
$BTC
$ETH
$XRP
"The profit you make in a week , you ended up loose it in a minute "
#WeAreAllSatoshi #btcupdates2024
I've seen a lot of bull run pridicted accurately but always end in a big loss the reason behind all my losses are my trading psychology which i think that maximum traders have too . as we all know crypto market is 24/7 open with high profitability and many traders like me they make most of their trades in profit I've seen people making insane returns like 1000% which makes their psychology of never loosing , and that's the reason where they looses all their money in one single trade is just because your psychology of never loosing perception went wrong .i believe that you don't have to come up with a big capital to make big . market is a big water 🌊 fall , sometimes pressure is high sometimes is low if you try to fill a glass of water in a high pressure it won't fill up the glass what you have to do is start filling it drop by drop cuz it's a never ending source with tremendous opportunity will comes and go . just change your psychology .
- DJ-X-OFFICIAL 🕸️
🚨 $BTC /USDT 🔥
💡 Analysis
Price currently trades at 101794 📉 with a recent 24H low of 98802 📉. A drop of 2.27 percent suggests bearish sentiment 🚨. Resistance is visible near 105350 while strong support is forming around 98800 📈. Buyers stepped in at 98800 driving a short-term recovery 💡.
🚨 Signals
Support Zone: 98800 📈
Resistance Level: 105350 📉
Next Target: 104000 📈
Trend: Bearish until the 104000 level is reclaimed 💡
📈 Trading Strategy
Consider buying near support with a target of 104000 Manage risk by placing stop-loss below 98000 🚨 Secure partial profits as price approaches resistance zones Watch for a breakout above 105350 for bullish confirmation 💡
#BTC☀ #btcupdates2024 #BinanceAlphaTop5 #MarketPullback #MarketCorrectionBuyOrHODL?
💡 Analysis
Price currently trades at 101794 📉 with a recent 24H low of 98802 📉. A drop of 2.27 percent suggests bearish sentiment 🚨. Resistance is visible near 105350 while strong support is forming around 98800 📈. Buyers stepped in at 98800 driving a short-term recovery 💡.
🚨 Signals
Support Zone: 98800 📈
Resistance Level: 105350 📉
Next Target: 104000 📈
Trend: Bearish until the 104000 level is reclaimed 💡
📈 Trading Strategy
Consider buying near support with a target of 104000 Manage risk by placing stop-loss below 98000 🚨 Secure partial profits as price approaches resistance zones Watch for a breakout above 105350 for bullish confirmation 💡
#BTC☀ #btcupdates2024 #BinanceAlphaTop5 #MarketPullback #MarketCorrectionBuyOrHODL?
Crypto and Stock Markets Have Declined, Have They Topped?
In the last 24 hours, US stocks and crypto have seen a significant decline. This is due to the Fed's policy indicating that they will not rush to cut interest rates in the future because inflation is still far from the target of 2%. However, looking at various economic data, it seems that the Fed's decision to continue pursuing this target looks quite difficult. This is because the US economy is starting to show a slowdown, which should make the Fed in a dilemma with all the existing conditions. Plus, the Fed has to deal with the impact of fiscal policy under President-elect Donald Trump, who has indicated plans for tariffs, tax cuts, and mass deportations, all of which can be inflationary and complicate the central bank's job. BTC has experienced a fairly deep correction and has made investors and traders panic selling because they see projections from the central bank indicating that it is still in the phase of tightening its policies. If the Fed's policy continues, it is not impossible that further declines will occur in the near future for the crypto and stock markets
#usdoller #USEconomy #btcupdates2024
In the last 24 hours, US stocks and crypto have seen a significant decline. This is due to the Fed's policy indicating that they will not rush to cut interest rates in the future because inflation is still far from the target of 2%. However, looking at various economic data, it seems that the Fed's decision to continue pursuing this target looks quite difficult. This is because the US economy is starting to show a slowdown, which should make the Fed in a dilemma with all the existing conditions. Plus, the Fed has to deal with the impact of fiscal policy under President-elect Donald Trump, who has indicated plans for tariffs, tax cuts, and mass deportations, all of which can be inflationary and complicate the central bank's job. BTC has experienced a fairly deep correction and has made investors and traders panic selling because they see projections from the central bank indicating that it is still in the phase of tightening its policies. If the Fed's policy continues, it is not impossible that further declines will occur in the near future for the crypto and stock markets
#usdoller #USEconomy #btcupdates2024
Moonfellaaa:
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