Anasayfa Korku ve Açgözlülük Madencilik Havuzları cüzdan Sözlük duyurmak Facebook Twitter Telegram Reddit Youtube
Kripto Değeri:
24-Saat Hacmi:
Aktif Kripto Para Birimleri: 11975
Pazar: 92589
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Kripto Değeri
24-Saat Hacmi
11975
Aktif Kripto Para Birimleri
54.28%
Bitcoin Pay
coinpedia 2024-12-11 08:35:46

Why Bitcoin is Stuck Within $96K to $100K Range—Will the Christmas Rally Kick-Off or a Bearish Yearly Close be Imminent?

Why Bitcoin is Stuck Within $96K to $100K Range—Will the Christmas Rally Kick-Off or a Bearish Yearly Close be Imminent?

The post Why Bitcoin is Stuck Within $96K to $100K Range—Will the Christmas Rally Kick-Off or a Bearish Yearly Close be Imminent? appeared first on Coinpedia Fintech News In the last couple of days, the crypto markets have been plunged hard, which has caused a panic situation among the market participants who foresee an end of the bull run. The milestone of $100K for Bitcoin was the selling point for most of the traders, which offered strong momentum to the other altcoins like XRP, ADA, TRX, etc. and many more. Moreover, the long-time holders started to fix some profit, expecting to witness some results. Hence, this compelled the BTC price to plunge heavily and pushed the entire market into a correction state. Meanwhile, it may not be judged as the end of the bull run, as the correction is not expected to last long. The markets are experiencing a significant downturn as the traders are taking profits and new hands are entering the markets. Hence, it appears that the markets may need more time to settle, which could prevail for another couple of weeks. In the meantime, the BTC price rally is expected to remain stuck between $96,000 and $100,000. So what’s next? When can we expect a breakout? The weekly chart of Bitcoin suggests the token is within a bullish range and following a strong incremental pattern. However, the price appears to have reached the highs of the prevailing run and as a result, a pullback could be fast approaching. The weekly MACD shows a drop in the buying pressure after it remained dominant since the second fortnight of October. Besides, the RSI is about to break down from the overbought range after facing a bearish divergence. These indicators substantiate the bearish claim, forecasting a bearish close for the year below $95,000, ending the possibility of a ‘Christmas Rally’. Besides, the ETF storm may prevent excess bearish action as the inflows recorded are higher than the previous month. Moreover, with Trump and Republicans behind the wheel, the bull run is expected to intensify once the new president resumes office. Therefore, the market always experiences corrections and this one is not the first. Therefore, even if the Bitcoin (BTC) price marks new lows for the month, it could be another opportunity to accumulate as it is primed to mark the peak above $110K, somewhere in 2025.

En Okunan haberler



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Kripto Değeri
24-Saat Hacmi
54.28%
Bitcoin Pay
0
Bugünün Haberleri
Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez