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Cryptology Key predicted the change in the value of Bitcoin and Ethereum
#MarketCorrectionBuyOrHODL
Disclaimer: The material is not a financial recommendation or a call to action. The presented analysis is the personal opinion of its authors. Incrypted is not responsible for the investment decisions of readers.
On the night of December 16, 2024, Bitcoin renewed its all-time high above $106,000. Ethereum, for its part, broke through the $4,000 level, but was unable to consolidate there. Cryptology Key analysts shared their vision of the situation and predicted the further price movement of these assets.
Disclaimer: The material is not a financial recommendation or a call to action. The presented analysis is the personal opinion of its authors. Incrypted is not responsible for the investment decisions of readers.
On the night of December 16, 2024, Bitcoin renewed its all-time high above $106,000. Ethereum, for its part, broke through the $4,000 level, but was unable to consolidate there. Cryptology Key analysts shared their vision of the situation and predicted the further price movement of these assets.
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The Cryptology Key team shared a forecast for the price movement of Bitcoin and Ethereum
On February 18, 2025, Bitcoin recorded a slight increase, the price recovered above the $96,000 level. Ethereum, for its part, is in a sideways trend after the growth on February 17, 2025. Cryptlogy Key experts analyzed the market situation and shared their forecast.
Bitcoin
The price reacted when approaching the RB candle. Most likely it will be neutral. At the beginning of next week we expect the final manipulation with the capture of the minimum of the previous period, after which a breakout is likely to occur.
Bitcoin
The price reacted when approaching the RB candle. Most likely it will be neutral. At the beginning of next week we expect the final manipulation with the capture of the minimum of the previous period, after which a breakout is likely to occur.
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Michael Saylor supports the idea of burning Bitcoin wallet keys after the owner's death
MicroStrategy co-founder Michael Saylor has supported the idea of burning Bitcoin wallet keys after the owner's death, calling it the right move and a contribution to the overall ecosystem.
Saylor expressed his thoughts on this matter in an interview with Fox Business:
Saylor expressed his thoughts on this matter in an interview with Fox Business:
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#BTCNextMove
Bitcoin's fall below $96,000 led to $1.2 billion in liquidations
Volatility in the crypto market led to an increase in liquidations to about $1.2 billion in 24 hours. Over the past 24 hours, 36,336 traders liquidated their positions. Over $1 billion in losses fell on long positions, about $151 million on shorts. By assets, altcoins, Bitcoin and Ethereum dominate - in pairs with these cryptocurrencies, positions worth about $269 million, $246 million and $223 million were liquidated, respectively. Most crypto assets from the top 10 by capitalization showed a decline, with the price of Dogecoin (DOGE) falling the most - by 11.5%. The fear and greed index reached a value of 74 basis points, which indicates the "greed" of traders. Recall that on the night of December 19, 2024, the volume of liquidations reached $800 million against the background of Bitcoin's fall to $99,000.
20.12.2024
#incrypted
Bitcoin's fall below $96,000 led to $1.2 billion in liquidations
Volatility in the crypto market led to an increase in liquidations to about $1.2 billion in 24 hours. Over the past 24 hours, 36,336 traders liquidated their positions. Over $1 billion in losses fell on long positions, about $151 million on shorts. By assets, altcoins, Bitcoin and Ethereum dominate - in pairs with these cryptocurrencies, positions worth about $269 million, $246 million and $223 million were liquidated, respectively. Most crypto assets from the top 10 by capitalization showed a decline, with the price of Dogecoin (DOGE) falling the most - by 11.5%. The fear and greed index reached a value of 74 basis points, which indicates the "greed" of traders. Recall that on the night of December 19, 2024, the volume of liquidations reached $800 million against the background of Bitcoin's fall to $99,000.
20.12.2024
#incrypted
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Arthur Hayes allowed for a drop in Bitcoin to $70,000 due to the sale of ETFs
Arthur Hayes allowed for a drop in Bitcoin to $70,000.
According to him, this could happen due to the sale of ETFs by hedge funds.
Arthur Hayes, the chief investment officer of the venture firm Maelstrom and co-founder of the BitMEX exchange, allowed for a drop in Bitcoin to $70,000 due to the sale of ETFs by hedge funds.
The expert explained that many IBIT holders are hedge funds that have opened long positions on ETFs and short positions on the Chicago Mercantile Exchange (CME). This allows them to profit from the difference between the asset price on the spot and futures markets.
According to him, this could happen due to the sale of ETFs by hedge funds.
Arthur Hayes, the chief investment officer of the venture firm Maelstrom and co-founder of the BitMEX exchange, allowed for a drop in Bitcoin to $70,000 due to the sale of ETFs by hedge funds.
The expert explained that many IBIT holders are hedge funds that have opened long positions on ETFs and short positions on the Chicago Mercantile Exchange (CME). This allows them to profit from the difference between the asset price on the spot and futures markets.
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