đŹ Today, Michael Saylor once again hinted that MicroStrategy may continue to increase its Bitcoin holdings! As one of Wall Street's most steadfast Bitcoin supporters, Saylor's statements have noticeably warmed market sentiment. $BTC is currently fluctuating near a key support level, and if there are substantial buying actions in the future, it could trigger a new round of increases. đ Click to view the latest market for $BTC and seize the opportunity in advance! #BTC #Bitcoin #MichaelSaylor #MichaelSaylorć示ĺ˘ćBTC $BTC
Many traders watching Bitcoin (BTC) price action during Fridayâs European trading session were a little confused, and for good reason. If you look at the candlestick chart for the BTC/USD trading pair on Coinbase, youâll see 14 green hourly candles, meaning that Bitcoin has risen every hour for the past 14 hours. These hourly candles occurred during the Bitcoin price rally from $91,771 to $95,283. This trend began at 21:00 UTC on January 9 and continued until 10:00 UTC on January 10.
Vetle Lunde, senior analyst at K33 Research, crunched the data to find out when this was the last time this happened. Currently, this is the longest streak of hourly green candles since at least January 1, 2017, when 11 green candles appeared. However, this isnât the first time weâve seen consecutive double-digit green hourly candles recently. Bitcoin's chart has seen similar patterns on January 14, 2023 (11), February 26, 2024 (11), and November 12, 2024 (11). The 15th hourly candle is currently red and could end this trend, which will end at 12:00 UTC. $BTC
Bitcoin has risen to nearly $95K and has found support from bargain hunters after testing the $90K-93K support zone. The rally will be tested by Friday's US non-farm payrolls report, which is expected to show 164,000 new jobs in December and unemployment at 4.2%. A stronger-than-expected jobs report could heighten market concerns about the Fed's hawkish policies, push bond yields higher, and fuel inflation fears, one of the reasons why Bitcoin fell from $102K to $93K. If the non-farm payrolls data falls sharply below expectations, Bitcoin could try to break through $100K again, provided the US government does not sell a large amount of its Bitcoin to the market. #çžĺ˝éĺć°ćŽĺłĺ°ĺ Źĺ¸
The U.S. government has been authorized to sell 69,370 BTC (approximately $6.5 billion) seized from the dark web Silk Road, but whether they will sell is another matter. The U.S. government currently holds approximately $18.6 billion worth of Bitcoin, and this situation, like the last news from the German government, could cause panic. Today, the U.S. stock market is closed, and liquidity is so low that it is not impossible to create a pit. Additionally, attention should be paid to the non-farm payroll data this Friday, as this data will set the tone for interest rate cuts this year. Furthermore, there are just over ten days left until Trump takes office, and I hope these days can pass smoothly. Once in office, it will depend on how well he fulfills his previous commitments; if there is no fulfillment, this round of bull market will basically be declared over.
BNB (Binance Coin) is a cryptocurrency issued by the globally leading cryptocurrency exchange platform Binance in 2017. Initially, BNB was the native token of the Binance trading platform, used for paying trading fees and providing discounts. It was issued based on the Ethereum ERC-20 standard, and later, due to the platform's expansion needs, Binance launched its own blockchain - Binance Chain - in 2019 and migrated BNB to that chain. As the Binance platform has continued to develop, the uses of BNB have also expanded, including decentralized application (DApp) development and trading within the Binance Smart Chain (BSC) ecosystem, paying transaction fees, participating in token sales, and more. BNB has gradually gained widespread recognition in the market, becoming one of the top cryptocurrencies by market capitalization and an important infrastructure and tool in the crypto market. $BNB
Bitcoin has experienced a significant pullback, closely related to the employment data released by the United States. The data shows that the U.S. labor market remains strong, and concerns over the Federal Reserve's interest rate hike expectations have intensified again. Moving forward, investors need to closely monitor the U.S. unemployment rate for December and the seasonally adjusted non-farm payroll data to be released this Friday evening. These two important indicators will affect the market's expectations for the Federal Reserve's future interest rate cuts, which may subsequently trigger fluctuations in asset prices. Therefore, Friday's employment data will be the focus of the market and will have a profound impact on future market trends.
#BTCéčż10ä¸ $BTC On January 6, the price of Bitcoin (BTC) returned to $100,000, and the market responded enthusiastically. This phenomenon is mainly attributed to two key factors: First, the United States resumed work after the holiday, market liquidity rebounded significantly, and a large amount of funds became active in the financial market again, pushing the price of BTC up. Secondly, the upcoming Trump power transfer on January 20 also brought uncertainty to the market. Driven by the need for risk aversion, investors chose Bitcoin as a priority option for asset allocation.
In addition, the limited supply of Bitcoin, coupled with the continued growth of institutional investors' demand for it, further strengthened market confidence. Against the backdrop of a complex and changing global economic environment, Bitcoin's role as "digital gold" has become more prominent. The market generally believes that this is not only a reflection of the short-term market, but may also indicate a further deepening of the Bitcoin bull market in 2025. Investors need to carefully assess the risks, but the prospects are worth looking forward to.
#ĺ¸ĺŽMegadropSOLV Binance's Megadrop event is here again! As a cryptocurrency enthusiast, I feel that holding BNB not only brings rich returns, but also allows me to participate in many interesting activities. Last year, by participating in Binance's activities, my income reached 200,000 RMB, which is quite a lot of income. This Megadrop opportunity is rare. Whether you are a novice or an old player, you can experience innovative blockchain gameplay through Binance. As the world's leading cryptocurrency platform, Binance has always provided users with high-quality services and diverse money-making opportunities. It is worthy of trust and support! Come join us and explore unlimited possibilities together!
USUAL - The Usual team announced 'Cost Conversion' at the beginning of the year, and a detailed announcement is expected to be released today (January 7).
$USUAL This guy should have dropped enough, isn't there a good news to boost the market?
This week, international players are returning to work, and liquidity is returning. US stock trading is also returning to normal, with ETF funds continuing to flow in. On the 20th, Trump will take office, which is very positive.
This industry is developing towards a better future.
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