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📉 Why BTC is Down Right Now (August 2025):
Following are the reasons why $BTC is down:
🔁 Profit-Taking After Rally:
$BTC recently touched highs near $118K–$120K. Traders and institutions are now locking in profits, causing temporary price dips.
📉 Technical Resistance:
$BTC faced strong resistance near $120K, and charts indicate a pullback to test support levels around $115K or lower.
💵 Weak ETF Inflows This Week:
While ETFs brought billions earlier this year, recent inflows have slowed, showing less aggressive institutional buying this week.
📊 Global Economic Uncertainty:
U.S. economic data and interest rate concerns (especially inflation stickiness) affect risk assets like crypto.
Some Chinese economic stress is also dampening global investor appetite.
📉 Lower Trading Volume (Summer Effect):
August usually brings low liquidity, increasing volatility and sharper downside movements.
😨 Sentiment Dip:
Fear & Greed Index has shifted from "Greed" to "Neutral", showing a drop in retail confidence.
#bitcoin
#BTC
#bitcoinupdates
#MarketPullback
#CryptoNews
Following are the reasons why $BTC is down:
🔁 Profit-Taking After Rally:
$BTC recently touched highs near $118K–$120K. Traders and institutions are now locking in profits, causing temporary price dips.
📉 Technical Resistance:
$BTC faced strong resistance near $120K, and charts indicate a pullback to test support levels around $115K or lower.
💵 Weak ETF Inflows This Week:
While ETFs brought billions earlier this year, recent inflows have slowed, showing less aggressive institutional buying this week.
📊 Global Economic Uncertainty:
U.S. economic data and interest rate concerns (especially inflation stickiness) affect risk assets like crypto.
Some Chinese economic stress is also dampening global investor appetite.
📉 Lower Trading Volume (Summer Effect):
August usually brings low liquidity, increasing volatility and sharper downside movements.
😨 Sentiment Dip:
Fear & Greed Index has shifted from "Greed" to "Neutral", showing a drop in retail confidence.
#bitcoin
#BTC
#bitcoinupdates
#MarketPullback
#CryptoNews
White House Says Crypto’s in a “Golden Age”!
🌟Hey crypto explorer! You’re curious about crypto, but big news like the White House’s report can feel overwhelming.
They’re calling this a “golden age” for crypto in the U.S., with DeFi and digital assets growing fast. But with regulators moving quickly and no clear Bitcoin $BTC reserve plan, what does this mean for you?I’m here to help you navigate.
This news shows crypto’s getting bigger, but rules might change. Want to stay informed?
Try these steps: Follow trusted sources like CoinDesk for updates. Explore DeFi platforms to learn what’s trending about $BTC and $ETH . Check for U.S. crypto policy news regularly.
Your move: Read one article on DeFi or crypto regulations today. You’ll understand this “golden age” better and stay prepared for changes. Don’t miss out on learning what’s shaping crypto’s future! 🚀
#CryptoNews #DeFi #CryptoEducation #BitcoinUpdates #LearnCrypto
🌟Hey crypto explorer! You’re curious about crypto, but big news like the White House’s report can feel overwhelming.
They’re calling this a “golden age” for crypto in the U.S., with DeFi and digital assets growing fast. But with regulators moving quickly and no clear Bitcoin $BTC reserve plan, what does this mean for you?I’m here to help you navigate.
This news shows crypto’s getting bigger, but rules might change. Want to stay informed?
Try these steps: Follow trusted sources like CoinDesk for updates. Explore DeFi platforms to learn what’s trending about $BTC and $ETH . Check for U.S. crypto policy news regularly.
Your move: Read one article on DeFi or crypto regulations today. You’ll understand this “golden age” better and stay prepared for changes. Don’t miss out on learning what’s shaping crypto’s future! 🚀
#CryptoNews #DeFi #CryptoEducation #BitcoinUpdates #LearnCrypto
$BTC Bitcoin Price Prediction 2025: Bullish Breakout or Bear Trap?
Bitcoin (BTC) is once again in the spotlight as global investors closely watch its next big move. As of now, BTC is holding strong above the $66,000 support zone, and many analysts believe that a breakout above $70,000 could trigger a massive bull run, possibly pushing prices toward the $100,000 mark by 2025.
Experts like Michael Saylor and Cathie Wood (Ark Invest) remain extremely bullish, citing Bitcoin as a long-term hedge against inflation and a reliable store of value. On the other hand, some traders remain cautious due to ongoing global macroeconomic pressures like interest rate hikes and regulatory uncertainties.
Technical indicators such as the RSI and MACD are showing bullish divergence, signaling that a major breakout could happen by the end of July. If that occurs, altcoins may also follow BTC in a rally.
However, if BTC fails to break $70K, it might face a short-term correction toward the $60K level before attempting another upward push.
The question remains – Is this the beginning of a new bull cycle or just another fakeout?
👉 Stay tuned, do your own research, and prepare for volatility!
#CryptoMarketAlert #BitcoinDunyamiz #bitcoin #bitcoinupdates
Bitcoin (BTC) is once again in the spotlight as global investors closely watch its next big move. As of now, BTC is holding strong above the $66,000 support zone, and many analysts believe that a breakout above $70,000 could trigger a massive bull run, possibly pushing prices toward the $100,000 mark by 2025.
Experts like Michael Saylor and Cathie Wood (Ark Invest) remain extremely bullish, citing Bitcoin as a long-term hedge against inflation and a reliable store of value. On the other hand, some traders remain cautious due to ongoing global macroeconomic pressures like interest rate hikes and regulatory uncertainties.
Technical indicators such as the RSI and MACD are showing bullish divergence, signaling that a major breakout could happen by the end of July. If that occurs, altcoins may also follow BTC in a rally.
However, if BTC fails to break $70K, it might face a short-term correction toward the $60K level before attempting another upward push.
The question remains – Is this the beginning of a new bull cycle or just another fakeout?
👉 Stay tuned, do your own research, and prepare for volatility!
#CryptoMarketAlert #BitcoinDunyamiz #bitcoin #bitcoinupdates
✅ Fed Chair Jerome Powell Rocks the Markets — Bitcoin Reacts!
✅ Fed Chair Jerome Powell Rocks the Markets — Bitcoin Reacts!
📉 What Just Happened?
Jerome Powell — the head of the US Federal Reserve — just made waves in the financial world. While interest rates remain unchanged, the crypto market reacted immediately. Here's what you need to know:
🔹 No Rate Hike for Now:
The Fed has decided not to raise interest rates at the moment. But uncertainty remains…
🔹 Bitcoin Took a Hit:
$BTC
slipped slightly after the announcement, showing the market's sensitivity to Fed signals.
🔹 Altcoins Mixed Bag:
Other cryptos like $ETH and meme coins showed mixed results — some holding strong, others pulling back.
🔹 Inflation Still a Threat:
With inflation not under control yet, expect more volatility ahead. 📊
---
📈 What It Means for Traders:
⚠️ Short-Term = Uncertainty
The market may remain choppy in the coming weeks.
⏳ Long-Term = Keep Eyes on Q4
Smart money is watching for opportunities in the last part of the year.
📢 Fed Updates Are Critical
Every Jerome Powell statement now matters more than ever.
---
❓Big Question for the Crypto Community:
Is Powell’s pause good for Bitcoin?
Or is crypto still the best hedge against inflation? 💸
Let us know in the comment
#PowellMovesMarkets #CryptoStrategy #bitcoinupdates #CryptoNews #BTC #CryptoStrategy #BitcoinUpdate #CryptoTraders
$ETH
📉 What Just Happened?
Jerome Powell — the head of the US Federal Reserve — just made waves in the financial world. While interest rates remain unchanged, the crypto market reacted immediately. Here's what you need to know:
🔹 No Rate Hike for Now:
The Fed has decided not to raise interest rates at the moment. But uncertainty remains…
🔹 Bitcoin Took a Hit:
$BTC
slipped slightly after the announcement, showing the market's sensitivity to Fed signals.
🔹 Altcoins Mixed Bag:
Other cryptos like $ETH and meme coins showed mixed results — some holding strong, others pulling back.
🔹 Inflation Still a Threat:
With inflation not under control yet, expect more volatility ahead. 📊
---
📈 What It Means for Traders:
⚠️ Short-Term = Uncertainty
The market may remain choppy in the coming weeks.
⏳ Long-Term = Keep Eyes on Q4
Smart money is watching for opportunities in the last part of the year.
📢 Fed Updates Are Critical
Every Jerome Powell statement now matters more than ever.
---
❓Big Question for the Crypto Community:
Is Powell’s pause good for Bitcoin?
Or is crypto still the best hedge against inflation? 💸
Let us know in the comment
#PowellMovesMarkets #CryptoStrategy #bitcoinupdates #CryptoNews #BTC #CryptoStrategy #BitcoinUpdate #CryptoTraders
$ETH
El Salvador Increases Bitcoin Holdings by 162 BTC Through Daily Purchases !!
El Salvador, the first country to adopt Bitcoin as legal tender, has been consistently increasing its Bitcoin reserves, purchasing one Bitcoin daily since March 16, according to Arkham Intelligence.
#ElSalvadors #bitcoinupdates #Marketupdates #CryptoMarketMoves #MtGoxRepayments
El Salvador, the first country to adopt Bitcoin as legal tender, has been consistently increasing its Bitcoin reserves, purchasing one Bitcoin daily since March 16, according to Arkham Intelligence.
#ElSalvadors #bitcoinupdates #Marketupdates #CryptoMarketMoves #MtGoxRepayments
🥰Future Free Trading Signal 🔥
😎100% Accuracy 🙃
💥CKB LOnG ⭐️
Entry Points
0.027200-0.026800
🌒Targets 🌝
🎯0.028574
🎯0.0325
🌝Stop loss 🥵
0.026
I am not a Financial advisor so mange Your trade as you can Afford To Loss .
🫣Good Luck 🌝
#CKBUSDT #CKBupdates #BTCHalvingApril2024 #cryptoupdates #bitcoinupdates
$CKB $BTC $ETH
😎100% Accuracy 🙃
💥CKB LOnG ⭐️
Entry Points
0.027200-0.026800
🌒Targets 🌝
🎯0.028574
🎯0.0325
🌝Stop loss 🥵
0.026
I am not a Financial advisor so mange Your trade as you can Afford To Loss .
🫣Good Luck 🌝
#CKBUSDT #CKBupdates #BTCHalvingApril2024 #cryptoupdates #bitcoinupdates
$CKB $BTC $ETH
🚀 Bitcoin News: Trump’s Tariffs Could Push BTC to $100K!
Bitcoin is staying strong above $83,000, but traders are watching closely as Trump’s new tariffs will be announced on April 2. These tariffs could cause big market moves and affect Bitcoin's price.
🔹Current BTC Price: $83,900
🔹Support: $81,300
🔹️Resistance: $84,500 and $88,700
🔹Next Target: If BTC breaks $88,700, it could reach $100K!
If BTC fails to break resistance, it may drop below $80K.
Investors are waiting to see what happens next!
$BTC
#TrumpTariffs #Saylor500KClub #bitcoinupdates #BTCTrading
Bitcoin is staying strong above $83,000, but traders are watching closely as Trump’s new tariffs will be announced on April 2. These tariffs could cause big market moves and affect Bitcoin's price.
🔹Current BTC Price: $83,900
🔹Support: $81,300
🔹️Resistance: $84,500 and $88,700
🔹Next Target: If BTC breaks $88,700, it could reach $100K!
If BTC fails to break resistance, it may drop below $80K.
Investors are waiting to see what happens next!
$BTC
#TrumpTariffs #Saylor500KClub #bitcoinupdates #BTCTrading
▪️ 11 years ago today, the first #Bitcoin halving occurred✔️
#BTC期货 #bitcoinupdates #CryptoMovement #BTCHALVING
#BTC期货 #bitcoinupdates #CryptoMovement #BTCHALVING
📉 Can Bitcoin Price Reach $50,000 Before a Correction?
Today, Bitcoin took a plunge, dipping below $42,000 and recovering later. The trigger? Over $10 million in BTC options expiring on December 29, 2023. Yet, amidst the fluctuations, a crypto analyst suggests a potential surge to $50,000 with a twist.
🔮 Analyst Prediction: Short-Term Gain, Long-Term Caution
According to a prominent analyst, Bitcoin could rally to $50,000 before encountering a 40% correction. Drawing parallels to historical retracements in 2016 and 2019, the analyst points out that Bitcoin faced its first major correction after hitting the 0.786 Fibonacci retracement level.
📈 Bulls vs. Bears: Riding the Wave or Preparing for a Dip?
This prediction sets the stage for a strategic play. Bulls might choose to hold onto BTC, anticipating a potential bull run and the coveted $50,000 mark. Meanwhile, bears might find joy in a potential drop to $30,000, as suggested by the analyst. A correction to this level could be an enticing entry point for investors seeking a more favorable BTC price.
🔄 Market Dynamics: Dips, Recoveries, and Ongoing Trends
In today's session, Bitcoin briefly touched $42,000, later rebounding. However, over the last seven days, it lost over 3%, hitting $44,000. Despite this, Bitcoin managed an impressive 11% one-month return, surpassing $44,705.32. The current price sits at $41,836, marking a 1.34% decrease.
💡 Navigating the Uncertainty: Bulls Hold Tight, Bears Prepare for Opportunity
The crypto landscape remains dynamic. Bulls ride the waves of optimism, eyeing $50,000, while bears anticipate a potential dip to $30,000. Whether Bitcoin follows historical retracement patterns or charts a new course, both scenarios offer opportunities and risks.
📈 Stay Informed, Stay Alert: Follow The Blockopedia for Real-time Crypto Insights! 🚀
#BitcoinPrediction #bitcoinupdates #BitcoinETFs! #cryptocurrency #crypto2024
Today, Bitcoin took a plunge, dipping below $42,000 and recovering later. The trigger? Over $10 million in BTC options expiring on December 29, 2023. Yet, amidst the fluctuations, a crypto analyst suggests a potential surge to $50,000 with a twist.
🔮 Analyst Prediction: Short-Term Gain, Long-Term Caution
According to a prominent analyst, Bitcoin could rally to $50,000 before encountering a 40% correction. Drawing parallels to historical retracements in 2016 and 2019, the analyst points out that Bitcoin faced its first major correction after hitting the 0.786 Fibonacci retracement level.
📈 Bulls vs. Bears: Riding the Wave or Preparing for a Dip?
This prediction sets the stage for a strategic play. Bulls might choose to hold onto BTC, anticipating a potential bull run and the coveted $50,000 mark. Meanwhile, bears might find joy in a potential drop to $30,000, as suggested by the analyst. A correction to this level could be an enticing entry point for investors seeking a more favorable BTC price.
🔄 Market Dynamics: Dips, Recoveries, and Ongoing Trends
In today's session, Bitcoin briefly touched $42,000, later rebounding. However, over the last seven days, it lost over 3%, hitting $44,000. Despite this, Bitcoin managed an impressive 11% one-month return, surpassing $44,705.32. The current price sits at $41,836, marking a 1.34% decrease.
💡 Navigating the Uncertainty: Bulls Hold Tight, Bears Prepare for Opportunity
The crypto landscape remains dynamic. Bulls ride the waves of optimism, eyeing $50,000, while bears anticipate a potential dip to $30,000. Whether Bitcoin follows historical retracement patterns or charts a new course, both scenarios offer opportunities and risks.
📈 Stay Informed, Stay Alert: Follow The Blockopedia for Real-time Crypto Insights! 🚀
#BitcoinPrediction #bitcoinupdates #BitcoinETFs! #cryptocurrency #crypto2024
$BTC
BTC/USDT UPDATE !!
BTC is now trading around 60.8k. Bitcoin is moving inside a rectangular zone on the hourly time frame.
So the Possible scenarios are If the price pumps up and breaks out and closes the rectangular zone, then we can see bullish momentum in Bitcoin.
Otherwise If the price dumps and breaks down the rectangular zone, we can see bearish momentum in it.
Stay tuned with us for further updates @KhannAmirr
#btcupdates2024 #bitcoinupdates #BTC☀ #BrokeDown
BTC/USDT UPDATE !!
BTC is now trading around 60.8k. Bitcoin is moving inside a rectangular zone on the hourly time frame.
So the Possible scenarios are If the price pumps up and breaks out and closes the rectangular zone, then we can see bullish momentum in Bitcoin.
Otherwise If the price dumps and breaks down the rectangular zone, we can see bearish momentum in it.
Stay tuned with us for further updates @KhannAmirr
#btcupdates2024 #bitcoinupdates #BTC☀ #BrokeDown
Bitcoin (BTC) Price History Secret: Here's What You Need To Know This December.
Delving into Bitcoin's historical trends reveals compelling insight into why upcoming month can be considered bullish.
As the year draws to a close, Bitcoin (BTC) enthusiasts are closely monitoring the historical patterns that suggest December could be another bullish month for the world's leading cryptocurrency.
In 2015, after closing October and November at a positive 33.1% and 19.8%, BTC surged by 14.1% in December. The years 2016 and 2017 witnessed even more remarkable gains, with positive returns in December of 29.2% and 38.8%, respectively. In 2020, following October and November gains of 28.1% and 42.9%, BTC soared by 47.8% in December, showcasing a consistent historical trend.
While exceptions like 2013 exist, as Bitcoin experienced a 33.2% dip in December, it could be argued that the crypto landscape was markedly different, resembling the "Wild West," with unprecedented price fluctuations, such as a staggering 453.9% surge in November that year. This year, BTC has continued its upward trajectory, closing October with a 28.5% gain and projected to end November with a 7.18% increase.
Statistically, the last quarter of the year has proven to be one of the greenest for the cryptocurrency market. As of now, the fourth quarter of 2023 is closing with a notable 37.7% gain, marking the potential eighth time out of 13 years that the year concludes on a bullish note. With this historical insight, all eyes are on Bitcoin as the crypto community eagerly anticipates whether the trend will continue, making December 2023 a month to remember for BTC enthusiasts.
#BTC #Bitcoin2024 #bitcoinupdates #BTC/Update: #bitcoinbullrun
$BTC $ETH $SOL
Delving into Bitcoin's historical trends reveals compelling insight into why upcoming month can be considered bullish.
As the year draws to a close, Bitcoin (BTC) enthusiasts are closely monitoring the historical patterns that suggest December could be another bullish month for the world's leading cryptocurrency.
In 2015, after closing October and November at a positive 33.1% and 19.8%, BTC surged by 14.1% in December. The years 2016 and 2017 witnessed even more remarkable gains, with positive returns in December of 29.2% and 38.8%, respectively. In 2020, following October and November gains of 28.1% and 42.9%, BTC soared by 47.8% in December, showcasing a consistent historical trend.
While exceptions like 2013 exist, as Bitcoin experienced a 33.2% dip in December, it could be argued that the crypto landscape was markedly different, resembling the "Wild West," with unprecedented price fluctuations, such as a staggering 453.9% surge in November that year. This year, BTC has continued its upward trajectory, closing October with a 28.5% gain and projected to end November with a 7.18% increase.
Statistically, the last quarter of the year has proven to be one of the greenest for the cryptocurrency market. As of now, the fourth quarter of 2023 is closing with a notable 37.7% gain, marking the potential eighth time out of 13 years that the year concludes on a bullish note. With this historical insight, all eyes are on Bitcoin as the crypto community eagerly anticipates whether the trend will continue, making December 2023 a month to remember for BTC enthusiasts.
#BTC #Bitcoin2024 #bitcoinupdates #BTC/Update: #bitcoinbullrun
$BTC $ETH $SOL
Crypto Hustle
--
Bearish
BTC Exactly Moving As Expected 👇
Successful Breakdown and retest of this pattern will dump BTC hard, So use stop loss on your all trades.
#BTC #Cryptohustle #crypto #Bitcoin #crypto2023 $BTC
Successful Breakdown and retest of this pattern will dump BTC hard, So use stop loss on your all trades.
#BTC #Cryptohustle #crypto #Bitcoin #crypto2023 $BTC
"Bitcoin Claims Throne as 'Dominant Global Macro Asset,' Targets $40K Ascent!"
Bitcoin achieved a significant milestone yesterday by surging above $38,000 for the first time since May 2022, as investors recognize the top crypto as a dominant global macro asset.
Read more on: https://thecryptobasic.com/2023/11/25/bitcoin-eyes-40k-as-bitcoin-is-finally-being-recognized-as-a-dominant-global-macro-asset/
#bitcoinupdates #BTC/Update: #BitcoinBullRun: #CryptoMarketPredictions #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2023/11/25/bitcoin-eyes-40k-as-bitcoin-is-finally-being-recognized-as-a-dominant-global-macro-asset/
#bitcoinupdates #BTC/Update: #BitcoinBullRun: #CryptoMarketPredictions #CryptoNews🔒📰🚫
BITCOIN UPDATE 🚨
Yesterday, I highlighted the 161% fib level as a critical resistance zone—and right on cue, we’re seeing a reaction. Here’s what’s next:
1. A bounce off 127%: Sitting around $103,700, this level is showing some support. However, the reaction so far is minor, so I’ll wait for confirmation through a few more 4H closes.
2. A deeper drop into the $101K–$98K zone: This is my Zone of Interest (ZOI). Given today’s volatility and FOMC, expect potential wicks into these levels as liquidity shifts.
The Bigger Picture: With FOMC in focus, markets tend to derisk ahead of major announcements. My base case? A controlled dip into $101,200–$98K, followed by a strong pump if rate cuts materialize. This aligns perfectly with the traditional bullish news playbook—and the technicals agree.
Key Takeaway: If we hold the $101K–$98K range and pump post-FOMC, it could unlock the next leg higher for BTC and trigger renewed momentum for the broader market. For now, stay disciplined—bid around $98K for a safer entry or $101K if you’re feeling more aggressive.
If you’re looking for precise, risk-adjusted setups in these volatile conditions, my lead copy trading account mirrors trades like these in real time. Click here to copy and 🚀💰. Cheers and stay sharp. $BTC
#bitcoin #tradesmart #success #bitcoinupdates
Yesterday, I highlighted the 161% fib level as a critical resistance zone—and right on cue, we’re seeing a reaction. Here’s what’s next:
1. A bounce off 127%: Sitting around $103,700, this level is showing some support. However, the reaction so far is minor, so I’ll wait for confirmation through a few more 4H closes.
2. A deeper drop into the $101K–$98K zone: This is my Zone of Interest (ZOI). Given today’s volatility and FOMC, expect potential wicks into these levels as liquidity shifts.
The Bigger Picture: With FOMC in focus, markets tend to derisk ahead of major announcements. My base case? A controlled dip into $101,200–$98K, followed by a strong pump if rate cuts materialize. This aligns perfectly with the traditional bullish news playbook—and the technicals agree.
Key Takeaway: If we hold the $101K–$98K range and pump post-FOMC, it could unlock the next leg higher for BTC and trigger renewed momentum for the broader market. For now, stay disciplined—bid around $98K for a safer entry or $101K if you’re feeling more aggressive.
If you’re looking for precise, risk-adjusted setups in these volatile conditions, my lead copy trading account mirrors trades like these in real time. Click here to copy and 🚀💰. Cheers and stay sharp. $BTC
#bitcoin #tradesmart #success #bitcoinupdates
$BTC
As of March 19, 2025, Bitcoin (BTC) is trading at approximately $84,349.
The cryptocurrency market is experiencing cautious stability, with a total market capitalization of $2.71 trillion, reflecting a modest 0.03% increase over the last 24 hours.
Investors are keenly awaiting the Federal Reserve's upcoming policy meeting, as its decisions could impact market dynamics.
Analysts predict that Bitcoin could reach between $180,000 and $200,000 by the end of 2025, driven by its finite supply and increasing institutional demand.
Please note that the cryptocurrency market is highly volatile, and prices can change rapidly.
#BNBChainMeme #bitcoin #bitcoinupdates #BTC #BitcoinWarnings
As of March 19, 2025, Bitcoin (BTC) is trading at approximately $84,349.
The cryptocurrency market is experiencing cautious stability, with a total market capitalization of $2.71 trillion, reflecting a modest 0.03% increase over the last 24 hours.
Investors are keenly awaiting the Federal Reserve's upcoming policy meeting, as its decisions could impact market dynamics.
Analysts predict that Bitcoin could reach between $180,000 and $200,000 by the end of 2025, driven by its finite supply and increasing institutional demand.
Please note that the cryptocurrency market is highly volatile, and prices can change rapidly.
#BNBChainMeme #bitcoin #bitcoinupdates #BTC #BitcoinWarnings
Please, anyone here heard of Big mining site?
It's a Bitcoin cloud mining site. Is it real or not?
#Bitcoin2024 #bitcoinupdates #Ethererum #USDT
It's a Bitcoin cloud mining site. Is it real or not?
#Bitcoin2024 #bitcoinupdates #Ethererum #USDT
Send Bitcoin (BTC) to the Moon': Arthur Hayes Awaits December Gifts.
As December unfolds, Arthur Hayes, the former BitMex CEO, expresses his eagerness for what he playfully terms as "gifts" from an "old white man," referring to the anticipation surrounding Fed Chairman Jerome Powell's upcoming speech.
In a spirited message, Hayes emphasized his desire for Powell to make a bold move by slashing interest rates and propelling Bitcoin to new heights.
Hayes' enthusiasm is not without cause. Historically, December has proven to be a bullish month for Bitcoin, particularly when preceded by positive closures in October and November.
According to a recent U.Today review of BTC's price history, eight out of the last thirteen years have seen Bitcoin conclude the fourth quarter in the green zone. This statistical trend adds to the anticipation surrounding the current December, heightening expectations within the cryptocurrency community.
The focus of Hayes' optimism lies in his anticipation of a monetary policy shift by Powell. The former BitMex CEO predicts a pivot toward easing monetary policy and lowering interest rates. In simpler terms, Hayes expects the metaphorical "money printer" to be activated, resulting in cheaper money and an upswing in the value of financial assets, with Bitcoin at the forefront.
#BTC #Bitcoin2024 #BTC/Update: #bitcoinupdates #BitcoinRising
$BTC $ETH $BNB
As December unfolds, Arthur Hayes, the former BitMex CEO, expresses his eagerness for what he playfully terms as "gifts" from an "old white man," referring to the anticipation surrounding Fed Chairman Jerome Powell's upcoming speech.
In a spirited message, Hayes emphasized his desire for Powell to make a bold move by slashing interest rates and propelling Bitcoin to new heights.
Hayes' enthusiasm is not without cause. Historically, December has proven to be a bullish month for Bitcoin, particularly when preceded by positive closures in October and November.
According to a recent U.Today review of BTC's price history, eight out of the last thirteen years have seen Bitcoin conclude the fourth quarter in the green zone. This statistical trend adds to the anticipation surrounding the current December, heightening expectations within the cryptocurrency community.
The focus of Hayes' optimism lies in his anticipation of a monetary policy shift by Powell. The former BitMex CEO predicts a pivot toward easing monetary policy and lowering interest rates. In simpler terms, Hayes expects the metaphorical "money printer" to be activated, resulting in cheaper money and an upswing in the value of financial assets, with Bitcoin at the forefront.
#BTC #Bitcoin2024 #BTC/Update: #bitcoinupdates #BitcoinRising
$BTC $ETH $BNB
#BTC/USDT🔥
@Bitcoin has printed Symmetrical Triangle pattern on 4-hr chart.🔺️⚡
Short term it is Bullish,
On Breakout, expect $43.5k - $44.5k. 📈🚀
#bitcoinupdates #Write2Earn #BTCUpdate #BTCanalysis
@Bitcoin has printed Symmetrical Triangle pattern on 4-hr chart.🔺️⚡
Short term it is Bullish,
On Breakout, expect $43.5k - $44.5k. 📈🚀
#bitcoinupdates #Write2Earn #BTCUpdate #BTCanalysis
Investors are eagerly anticipating Bitcoin's ascent beyond $40,000 as the cryptocurrency approaches the $38,000 mark.
$BTC #BTC #bitcoinupdates #BitcoinBullRun:
$BTC #BTC #bitcoinupdates #BitcoinBullRun:
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