bitcoin
bitcoin

$107097.730131 USD

2.43%

ethereum
ethereum

$4008.243292 USD

1.64%

xrp
xrp

$2.664150 USD

11.45%

tether
tether

$0.999778 USD

0.01%

solana
solana

$222.252858 USD

2.05%

bnb
bnb

$721.675029 USD

1.80%

dogecoin
dogecoin

$0.406417 USD

1.76%

usd-coin
usd-coin

$0.999946 USD

-0.01%

cardano
cardano

$1.100058 USD

2.68%

tron
tron

$0.291565 USD

4.45%

avalanche
avalanche

$50.495601 USD

3.01%

chainlink
chainlink

$28.488682 USD

-6.97%

shiba-inu
shiba-inu

$0.000027 USD

1.08%

toncoin
toncoin

$6.100276 USD

0.22%

stellar
stellar

$0.465267 USD

12.65%

Cryptocurrency News Articles

Bitcoin (BTC) Price returned to $101.5K, ending this week at a high price. Despite this rally, buy orders on social media have been surprisingly quiet, indicating cautious sentiment among traders. For those trying to time their trades, past trends and mar

Dec 17, 2024 at 02:47 pm

returned to $101.5K at the end of the crypto week. Buy orders on social media are being watched. Ahead of Bitcoin's next big move, this chart will be very helpful on when to buy (while the crowd is panicking) and when to sell (while the crowd is getting greedy). 👇https://t.co/Ub7Cb7UyqA pic.twitter.com/WmaF2YFi8Z

Bitcoin (BTC) Price returned to $101.5K, ending this week at a high price. Despite this rally, buy orders on social media have been surprisingly quiet, indicating cautious sentiment among traders. For those trying to time their trades, past trends and mar

As Bitcoin price nears the $100,000 mark once again, crypto market participants are keeping a close eye on the next major swing in sight. While some anticipate the next market top, others believe the peak has already passed.

As Bitcoin price nears the $100,000 mark once again, crypto market participants are keeping a close eye on the next major swing in sight. While some anticipate the next market top, others believe the peak has already passed.

In a recent tweet, Ali highlighted three possible scenarios for Bitcoin's next market top. Based on the price patterns of the 2015 and 2018 cycles, the next peak could hit in October 2025. However, if Bitcoin follows the trajectory of its 2011 cycle, the market top may already be in. This scenario is determined by the varying slopes of Bitcoin's price rallies, which differ across each cycle.

If #Bitcoin follows the patterns of the 2015 and 2018 cycles, the next market top could hit in October 2025. But if $BTC mirrors the 2011 cycle, the market top is already in!

If #Bitcoin follows the patterns of the 2015 and 2018 cycles, the next market top could hit in October 2025. But if $BTC mirrors the 2011 cycle, the market top is already in!

pic.twitter.com/YSEzKKf95T

— Ali (@ali_charts) December 13, 2024

This analysis aligns with the recent discussion among crypto analysts regarding the possibility of Bitcoin's next halving event occurring in April 2024. If this timing proves accurate and Bitcoin price continues to follow its historical cycles, we might expect to see a new market top around H2 2025.

Meanwhile, Bitcoin miners are making headlines with their significant sell-offs. According to Ali's analysis, Bitcoin miners have sold over 140,000 BTC, amounting to a staggering $13.72 billion so far in December. Such large-scale miner sell-offs are known to influence short-term price movements and contribute to the overall volatility in the crypto market.

So far in December, #Bitcoin miners have sold over 140,000 $BTC, totaling to $13.72 billion!

pic.twitter.com/1g3sCo6uJM

— Ali (@ali_charts) December 14, 2024

On the other hand, Bitcoin spot ETFs are seeing massive inflows. According to Wu Blockchain, these ETFs recorded a total net inflow of $429 million on December 13, continuing a 12-day streak of net positive inflows. Notably, BlackRock's IBIT ETF saw the highest daily inflow at $393 million.

On the other hand, Bitcoin spot ETFs are seeing massive inflows. According to Wu Blockchain, these ETFs recorded a total net inflow of $429 million on December 13, continuing a 12-day streak of net positive inflows. Notably, BlackRock's IBIT ETF saw the highest daily inflow at $393 million.

Collectively, these ETFs have a total net asset value of $114.969 billion, indicating strong institutional interest in the leading cryptocurrency. This news comes amidst anticipation for the upcoming launch of Grayscale's spot Bitcoin ETF.

Bitcoin spot ETF had a total net inflow of $429 million on December 13, continuing its net inflow for 12 consecutive days.

BlackRock ETF IBIT had a net inflow of $393 million per day.

The total net asset value of Bitcoin spot ETF is $114.969 billion.https://t.co/59u0BnEqLG pic.twitter.com/dkQIYxF4Y8

— Wu Blockchain (@WuBlockchain) December 14, 2024

As Bitcoin price continues to make headlines, the crypto market is watching closely for signs of the next major price swing in sight. Whether the market top is still ahead or already behind us, understanding historical cycles and monitoring key data points will be critical for navigating the road ahead.

News source:nulltx.com

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Other articles published on Dec 17, 2024