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$BTC Analysis of Bitcoin after surpassing $100,000: Will it continue to rise or will there be a correction?
Current situation: Bitcoin (BTC) has reached and surpassed the historic milestone of $100,000, even reaching a high of $103,900. This advance has been driven by a significant increase in institutional adoption, the approval of spot Bitcoin ETFs in the United States, and pro-crypto regulatory developments, such as the new political administration in the U.S. that promises fewer obstacles for cryptocurrencies.
Bullish factors:
1. Institutional demand: ETFs have recorded large inflows, with over $32 billion in 2024, attracting capital from financial institutions and investment funds.
2. Positive momentum: Historically, after surpassing psychological levels like $100K, Bitcoin has experienced rapid increases due to FOMO (fear of missing out) from retail investors.
3. Historical trends: November has been a positive month, and December tends to follow this trend. Optimistic projections place the price of BTC between $110,000 and $120,000 in the coming weeks.
Bearish factors:
1. Technical corrections: Overbought conditions indicated by indicators like the RSI and selling pressure could lead to significant corrections. Analysts estimate support in the ranges of $85,000 to $90,000.
2. Liquidations: High exposure to leverage increases the risk of massive liquidations if the key support level is breached.
3. Macroeconomic factors: Global uncertainties, such as interest rates and inflation, can negatively affect market confidence.
Post summary:
Bitcoin has reached a key level by surpassing $100,000, a historic milestone that reflects the market's maturity. While analysts see a 60% probability of continued bullish momentum toward $120,000 or even higher in 2025, they also highlight risks of short-term corrections toward $90,000. This is a crucial moment for the leading cryptocurrency.
Worldcoin (WLD) is positioning itself as an innovative solution in an increasingly digital world influenced by artificial intelligence (AI). Its latest updates and plans stand out for:
1. Humanity verification for essential apps: Worldcoin will enable verification of human identity in applications such as social networks and messaging platforms, protecting against deepfakes and AI-generated bots. This is crucial in an environment where AI is rapidly advancing.
2. Global growth and accessibility: Its goal is to grow from 7 million to 700 million users, with integrations in mobile apps and local businesses. They also plan to distribute more Orb 2.0 devices to facilitate registration.
3. Strategic liquidity: The transfer of 60M WLD tokens to multisig addresses aims to stabilize the market, improve liquidity, and attract more users.
Worldcoin combines advanced technology, security, and scalability, positioning itself as an essential tool in the era of AI.
Note: This is not financial advice; do your own research before investing.
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