太极预言机丨Steve

#太极预言机 #2024年比特币五行强弱气运预测 has persisted in the habit for many years and still posted it to the square. There is still a chance to get on board in the first half of the year. If there is a sharp decline, everyone will be able to increase their positions. Don't panic!

#BTCUSDT
#Bitcoin
#Bitcoin2025
#memecoin
#Crypto
#CryptoMarket
Last night at 21:00 in the East Eight Zone's prediction was perfectly realized this morning. Friends who like #Bitcoin spot trading, you followed along!

Double top, Dingchou, 86000 has a chance.
#BTC重返10万 #本轮牛市周期预期 #比特币走势观察 #BTC #ETH

JPMorgan warns that Grayscale’s#Bitcoin(#BTC) fund#GBTCmay suffer further sell-off in the coming weeks. According to the bank, the $3 billion inflows into spot#BTCETFs(exchange-traded funds) reflected a rotation into existing Bitcoin instruments. The bank further stated that this shift indicates that “retail investors are moving away from digital wallets held by exchanges/retail brokers towards cheaper spot Bitcoin #ETFs.

February 2024
Year Jiachen丨Bingyin month
There will definitely be a chance of a deep correction this month.
Luck has come,
Naturally, the mood of the main force will also be affected by luck.
This collective subconscious is influenced by the magnetic field (qi luck).
Bookmakers will also be affected,
Unless Gouzhuang is not a human being,
But it lives on earth,
Even if they are aliens,
It also cannot fit the period of the magnetic field.
It will surely come,
Just like March 21, 2021,
I said it would plummet in May (519).
In the same year, I said that October has stronger luck (69000)
2024, February,
#bitcoin Never disappoints,
Including the Air Force.
#比特币100万
#BTC #BTC📷 #BTC2.0

Why is Bitcoin selling off after spot ETF approval?
The cryptocurrency community has high expectations for the approval of a Bitcoin ETF. However, following the approval, Bitcoin prices experienced unexpected fluctuations. Some of the key factors causing this volatility include:
#BTC #etf #Ethereum；
Speculation subsides: Prior to the ETF’s approval, there was intense speculation in the market. Many expected Bitcoin to surge to $55,000 upon approval, but that did not happen. Correction Expiration: Bitcoin has staged a notable rally, surging from a low of $15,400 to $49,000, driven by ETF-related FOMO (fear of missing out). Therefore, corrections are considered natural and may trigger a “sell news” event for those who purchased Bitcoin at a lower price. Shifting to Ethereum (ETH): Interestingly, some investors are moving funds from Bitcoin to Ethereum.

#BTC #etf #ETH #太极预言机

Forecast of the strength and weakness of Bitcoin’s five elements in 2024

#BTC趋势 After a long decline since the end of 2021, it began to gradually rise in 2023. Although this year's market is not as good as the 2021 bull market, there are still a lot of opportunities. For example, ChatGPT caused the AI ​​sector to receive attention, Ethereum's merger caused the LSD sector to receive attention, #arbitrum 's airdrops caused its ecological projects to become popular, #BTC🔥🔥 inscriptions, and so on.

Opportunities for the Web3 industry in the future -1

#tether announces plans to allocate 15% to Bitcoin purchases
Tether announced plans in May 2023 to allocate up to 15% of its realized net profits to Bitcoin on an ongoing basis.

Despite its volatility, the issuer of the U.S. dollar-pegged stablecoin sees Bitcoin as a strong long-term investment. “Bitcoin continues to prove its resilience and has emerged as a long-term store of value with significant growth potential,” said Paolo Ardoino, chief technology officer at Tether.

The stablecoin issuer may increase its Bitcoin inventory to diversify its reserves beyond cash and cash equivalents. By holding #BTC🔥🔥 and other assets, Tether can protect its reserves from a loss of purchasing power during a prolonged cryptocurrency downturn.

Bitcoin returns to $41,000 area, something not seen since April 2022
#BTC
Bitcoin has experienced a remarkable recovery and has surpassed the $40,000 mark, achieving a milestone not seen since late April 2022. The latest surge pushed Bitcoin to a 19-month high on December 3. Cryptocurrency analysis platform Santiment is ecstatic. There was a lot of excitement as Bitcoin crossed the $40,000 mark. The company attributed the rise to concerns and excitement about the upcoming exchange-traded fund (ETF) confirmation date. #ETH
The recent surge has also set a new peak for Bitcoin so far this year. It's up an impressive 140% since the start of the year. However, it’s worth noting that Bitcoin is still about 42% below its all-time high of over $69,000 set on November 10, 2021. At press time, Bitcoin was trading at $41,206.35, having surged 4.65% in the past 24 hours.

Is Bitcoin on track to top $125,000?
It is worth noting that Markus Thielen, director of research at Matrixport, made a bold prediction about the future development of Bitcoin. In a Nov. 30 newsletter, Thielen predicted Bitcoin would top $60,000 by April 2024 and reach a staggering $125,000 by the end of 2024. Citing historical data, Thielen noted that BTC typically enters a bullish cycle after three consecutive bear markets. This analysis suggests that 2023 marks the beginning of another three-year bull market. #BTC #ETH
Thielen’s prediction is closely related to the upcoming halving event in mid-April 2024, when #BTC🔥🔥 mining rewards will be reduced by 50%. Historically, miners have piled up Bitcoin in anticipation of such events, causing prices to surge by more than 200%. Drawing on this historical trend, Thielen expects Bitcoin to reach the $125,000 milestone.
Bitcoin’s recovery coincides with heightened speculation surrounding the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States. Standard Chartered predicted in a Nov. 28 newsletter that Bitcoin could be worth six figures by the end of 2023 thanks to the “earlier-than-expected launch” of spot ETFs in the U.S.
As the cryptocurrency landscape continues to evolve, the dynamic interplay between market sentiment, regulatory developments, and historical trends will shape the trajectory of Bitcoin and other digital assets over the foreseeable months and years. Investors and enthusiasts are eagerly anticipating the unfolding of Bitcoin’s journey to the $40,000 milestone and the possibility of achieving Matrixport’s ambitious $125,000 prediction by 2024.

Will Bitcoin continue its upward momentum?

A bull run in the crypto market is expected in 2024. Bitcoin ( #BTC/USDT ) is set to undergo its next halving cycle in April 2024, which many consider to be a bullish event. Additionally, there is a possibility that the SEC (Securities and Exchange Commission) will approve a spot BTCETF (Exchange Traded Fund) early next year. Both events could spark another bull run in the crypto industry. In this scenario, BTC could emerge as the market leader, with some expecting the original cryptocurrency to surpass its 2021 peak of $69,044.
Furthermore, long-term holding of Bitcoin has proven to be profitable in almost all circumstances. Bitcoin has been one of the best-performing assets over the past decade, outperforming many top stocks and commodities. Some are even predicting that BTC will hit the $100,000 mark soon, while others estimate that the coin will reach $1 million. Additionally, if a spot BTC ETF is approved, we may see an increase in institutional adoption of BTC products, which could further drive up the price of the asset. #bitcoin

#BTC #bitcoin
Mining difficulty just reached a new high!

Bitcoin ETF optimism spurs biggest asset inflows since late 2021
#bitcoin #BTCETF
These products, including trusts and exchange-traded products, saw $346 million in inflows last week, with Canada and Germany accounting for 87% of the total. Only $30 million came from the United States, the asset manager said in a report on Monday, pointing to continued low participation from the country.
Cryptocurrency markets have surged since early October as traditional asset managers such as BlackRock prepare to launch a spot Bitcoin ETF, which could draw more investors into the asset. The SEC must approve any ETF application.
"A combination of rising prices and inflows has now pushed total assets under management to $45.3 billion, the highest level in a year and a half," the report said.
Bitcoin products made $312 million last week, bringing inflows since the start of the year to more than $1.5 billion. Ethereum products saw $34 million in inflows last week, nearly erasing outflows for all of 2023.

Shiba Inu: A $1,000 investment in SHIB turns into $6,000 with 500% profit

#ShibaInu is currently trading at $0.00000820 and is looking to remove the fifth “0” from the chart. SHIB is trading at a new monthly low, providing investors with the opportunity to accumulate the token at a cheaper price. Investors can now accumulate 1,000,000 (one million) SHIB tokens by investing only $8.30. The market downturn has caused dog-themed cryptocurrencies to fall in price this year.

Finder’s expert panel predicts that #ShibaInu may reach $0.00004930 in the next two years, in 2025. According to Finder’s price prediction, SHIB’s price could surge in 2025, reaching a yearly high of $0.00004930. That’s a 500% increase from the current price of $0.00000820.

Still, there’s no guarantee that SHIB will surge 500% and hit $0.00004930 in two years. The cryptocurrency market is highly volatile and fluctuates in both directions, causing serious losses to investors. Thorough research is currently recommended before joining SHIB. The market remains in a bear market and has yet to shake off the effects of the global financial recession.
At press time, the Shiba Inu was trading at $0.00000820, up nearly 1% in 24-hour intraday trading. Additionally, SHIB is down nearly 91% from its all-time high of $0.00008616 reached in October 2021.

Shiba Inu: If the stock price reaches $0.001, how much would you need to invest to become a millionaire?

Early investors in the Shiba Inu (#SHIB ) have made millions of dollars in profits. Many people who sell early regret their decision and wish they had hung on longer. From its launch in August 2020 to reaching an all-time high of $0.00008616, SHIB’s price surged millions of percent. However, the coin has been on a downward trend following the 2021 highs. Still, many SHIB investors and analysts expect the asset to see a resurgence in 2024.

At $0.001 USD, an investor would need 1,000,000,000 (one billion) SHIB tokens to own $1 million worth of assets. The current price for 1 billion SHIBs is approximately $8,220. SHIB reaching $0.001 would represent an increase of approximately 12,000%. SHIB has grown well over 12,000% since its launch. Therefore, such a price increase is not something the project has not experienced before.

However, the question now is when SHIB will reach $0.001. According to Changelly, SHIB won’t reach $0.001 until at least 2032. According to Telegaon’s analysis, SHIB could reach $0.001 sometime between 2030 and 2040. Therefore, investors may have to wait many years before the popular memecoin reaches its target.

Furthermore, in order to reach $0.001, Shiba Inu (SHIB) would need to reduce its circulating supply. The project currently has approximately 589 trillion tokens in circulation. A price reaching $0.001 per coin would result in an unrealistically large market cap. However, the SHIB team says they are working on a new combustion mechanism. According to rumors, the new destruction portal could remove trillions of SHIBs each year. Therefore, SHIB may hit its $0.001 target sooner than expected.

China’s Boyaa Interactive will spend $90 million to buy Bitcoin and Ethereum

Boyaa Interactive, China’s largest board game company, will spend $100 million to buy cryptocurrencies such as Bitcoin (#BTC/USDT ) and Ethereum (#ETH. ). In fact, according to the latest news released, the Hong Kong-listed company will acquire these digital assets within the next 12 months.
The online card game developer joins a list of publicly traded companies looking to get into digital assets. Subsequently, the board developed an initiative to acquire digital assets. Additionally, the plan is currently awaiting shareholder approval.

Due to its general nature, the plan is currently awaiting shareholder approval. In fact, the board is ensuring that $100 million in funding is readily available. They will then be able to reduce "prior shareholder approval of each purchase."
Once approved, there will be significant funding for the acquisition of #BTC期货 and #ETH。 Specifically, $45 million will be allocated to the two largest cryptocurrencies by market capitalization. Boyaa will then use the $10 million to purchase stablecoins such as Tether and USD.

Thanksgiving Bitcoin Price 2009-2023

Since 2009, the price of Bitcoin has increased significantly every year until Thanksgiving. The holidays ushered in optimism in the market, with Bitcoin hitting all-time highs. In this article we will show the price of #BTC/USDT #BRC2O during each Thanksgiving period from 2009 to 2023.

2010: $0.28
2011: $2.49
2012: $12.51
2013: $813
2014: $376
2015: $328
2016: $739
2017: $8,771
2018: $4,015
2019: $7,150
2020: $18,764
2021: $58,927
2022 $16,353
2023: $37,035

Gold successfully breaks through the 2010 mark! Author of "Rich Dad Poor Dad": Dollar savers will become losers "It's not too late to buy gold and Bitcoin now"
#Gold #BTC/USDT #BTC

In the Asian market on Monday (November 27), gold successfully broke through 2010 US dollars in the short term, reaching a maximum of 2017 US dollars. Analysts said that any closing price above $2,025 is expected to stimulate gold prices to retest the historical high of $2,089. "Rich Dad Poor Dad" author Robert Kiyosaki
Kiyosaki said workers and dollar savers would be the losers, calling for gold and Bitcoin to be bought immediately before it is too late.
Gold analyst Mark Mead Baillie said: "Let's get straight to the point and use one or two prominent figures to illustrate our view. When we look at the weekly gold bars one year ago, we think gold looks quite optimistic."

Looking at gold’s 47 trading weeks so far in 2023, last Friday’s closing price ranked as the sixth-highest weekly settlement price this year. However, the sticky area of ​​5 better settlements is the narrow price range of 2016-2025 USD. As a result, gold bears may smugly say, “We’ve been here before, so it won’t happen like this again.”
However, given gold’s current weekly trading range of 53 points, it wouldn’t be difficult for gold to hit $2,057 in a week. Likewise, any weekly close above $2,025 would be ample territory for a test of the May 4, 2023 high of $2,085 and a further test of the August 7, 2020 all-time high of $2,089.
Additionally, looking ahead to next month, 26 of the past 48 Decembers have been net bullish for gold, including the six months from 2017 to 2022: +2.6%, +4.5%, +3.4%, +6.4%, +2.9% and +3.8%.
"Our preference is that the trend in December is a friend of gold," Mark said.
The impact of the economic barometer suggests that gold prices will rise if the Fed is gloomy.

Kaspa: Soared 1520%, hitting a record high, can it hit $1?
Kaspa (KAS) is the latest altcoin to attract investor attention. The project hit an all-time high today, surging more than 19% in the past 24 hours and more than 66% last week. On the monthly chart, KAS is up over 90% and is up 2161% since last year. Additionally, the coin’s price has surged by more than 1520% since January 2023.

The circulating supply of Kaspa (KAS) is 21.44 billion coins. On the other hand, the maximum number of tokens is capped at 28.7 billion. Therefore, the total number of tokens currently in circulation is approximately 74.7%. It remains to be seen whether the rise will continue. If the project reached $1, it would represent an increase of approximately 1062%. However, $1 seems unlikely at the moment. Moreover, KAS may soon face adjustments.