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MicroStrategy Acquires 55,500 BTC More Amidst Market Intrigue MicroStrategy, the leading corporate Bitcoin holder, has once again made headlines, acquiring an additional 55,500 BTC for a staggering $5.4 billion between November 18 and 24, 2024. This brings their total holdings to 386,700 BTC, purchased at an average of $56,761 per Bitcoin. As the fourth-largest Bitcoin holder globally, trailing only Satoshi Nakamoto, Binance, and BlackRock, MicroStrategy continues its unwavering commitment to its Bitcoin Strategy, a vision initiated by co-founder Michael Saylor in August 2020. Fundamental Analysis MicroStrategy’s strategic Bitcoin accumulation has solidified its position as a market leader in institutional crypto adoption. This most recent purchase represents a 35.2% quarter-to-date (QTD) and 59.3% year-to-date (YTD) BTC yield, outperforming most traditional financial assets. The market has responded favorably: - MSTR stock surged 6%, indicating investor confidence in the Bitcoin-centric approach. - The company briefly entered the top 100 publicly traded US companies**, showcasing its growing influence. - Speculation is rife regarding its potential inclusion in the **Nasdaq 100** during the annual re-ranking announcement on December 13. In comparison, MARA Holdings, the second-largest Bitcoin-holding public company, remains significantly behind, with only 33,875 BTC. MicroStrategy’s aggressive approach has redefined corporate investment strategies, further legitimizing Bitcoin’s role in financial portfolios. Speculations Around Satoshi Nakamoto Adding intrigue to Bitcoin’s narrative, researchers from BTCparser have unearthed a conspiracy theory involving wallets attributed to Satoshi Nakamoto. These wallets, inactive since 2010, allegedly began liquidating BTC in November 2019, selling $176 million worth in November 2024 alone. The theory speculates deliberate profit-taking while maintaining anonymity, fueling debates about Bitcoin’s creator’s involvement in the market. Technical Analysis At the time of writing, Bitcoin is trading 3 lower, consolidating within a falling trend channel. This phase may signify temporary weakness or a precursor to a significant breakout. Key technical insights: - Support Levels: Immediate support exists in the $90,500–$94,700 range, with $85,000 acting as a critical fallback if bearish momentum strengthens. - Resistance Levels: Breaking $100,000 could trigger a rally into uncharted territory, testing market resilience. Supply dynamics will likely determine if this milestone results in a price squeeze or continued upward momentum. - Indicators: Bitcoin’s RSI and moving averages suggest mixed signals, reflecting consolidation. However, the formation of a Falling wedge pattern hints at potential bullish reversal. If Bitcoin breaches $100,000, we predict a rapid ascent to $180,000, supported by increasing demand from institutions and retail investors alike. However, failure to hold key support levels could lead to corrections toward mid-$80,000, signaling potential accumulation opportunities for long-term holders. Market Outlook The intersection of MicroStrategy’s aggressive accumulation, evolving narratives around Satoshi Nakamoto, and Bitcoin’s technical positioning paints a compelling picture. While Bitcoin faces near-term volatility, the long-term trajectory remains bullish, with institutional adoption and mainstream interest fueling its rise. As Bitcoin flirts with the $100,000 milestone, the question is no longer if but when it will redefine its historic peak. Amid speculation and strategic accumulation, Bitcoin continues to solidify its status as the apex asset of the digital economy. Will Bitcoin reach $100,000 before year-end, or will resistance levels delay the inevitable? Stay tuned.
BINANCE:BTCUSDLong
by DEXWireNews
BTC Huge Gap!!! We going back to 75k?Hey guys! Congrats all with BTC ATH and recent profits, I was not commenting the situation, because it was pretty clear, and we all know what was happening. But also, as we know, even in the bull cycle have to be corrections and consolidations. So here at the futures chart, we can see a huge gap around the healthy correction possible zone (max to 30%). Also, we have RSI oversold for sure and descending volumes. Plus, in December there were no promises about decreasing US Interest rate, so possibly December can end up in this correction phase. What's your thoughts about when and how much we could go? Let's chat in the comments =)
CME:BTC1!Short
by SheTradesHub
Bitcoin halving cyclesIt is no secret that bitcoin has been one of the best BITSTAMP:BTCUSD predictors. But when halving cycle factor weakens and a downtrend starts? From the previous halvings it seems that price peak takes place within the next ~500 days from halving. And if we calculate price change between close price of the month in which halving took place and the cycles max price, we can notice that in the next cycle this growth percent is 3-5 times lower that the previous one. Sure, each cycle the more capital comes in and Bitcoin becomes "heavier". Price x2 10 years ago meant like $4 bln. change in market cap, now it is a $2 trln change. Also you can notice that in this halving cycle by the time of the halving price has already made a new ATH. Therefore i think that in this cycle ATH will be 115k-200k, and we need to start taking profits in April-Aug 2025. Let's see how this turns out.
BITSTAMP:BTCUSDLong
by AlexLukyanin
BTC/USD CHART ANALYSIS – NOV 25📊 BTC/USD CHART ANALYSIS – Weekly Update 📈 Technical / Naked Price Action ⚖️ Overall Sentiment: Cautious Optimism 🎲 Hello traders! Bitcoin finds itself at a critical juncture, hovering just below the monumental $100,000 mark. Last week, BTC made multiple attempts to break this psychological level but ultimately fell short, reaching a high of $99,800 . This resistance is largely attributed to heavy sell block orders on major centralized exchanges (CEX). 💡 Key Observations: Bullish Outlook: If BTC successfully breaks above $100,000 , we could see a strong upward trend, potentially targeting the $140,000 zone as a ripple effect. Bearish Outlook: However, failure to breach this level may lead to a pullback to the $90,000 support range , where buyers could re-enter the market. Current Strategy: No active trades for now—I’m waiting for a clear breakout above $100k or a retest of $90k before committing to any positions. 📌 Trading Tip: Patience is key in a market like this. Avoid chasing trades and wait for confirmation before entering long or short positions. 🧠 Let’s Collaborate! What’s your take on BTC this week? Share your ideas and charts in the ⁠💬. Let’s discuss whether we’re headed to new highs or revisiting support levels! Best Regards, The NFX Team™ 💚
COINBASE:BTCUSD
by niclaxfx
Bitcoin's Path to $131K or a 20% Correction What to Expect 2025If Bitcoin continues its current pattern of gradual climbs and pullbacks, it could potentially reach as high as $131,000 by 2025. However, if Bitcoin faces rejection at the $100,000 mark, we might see a correction of about 20%, bringing the price down to around $78,000. Such a pullback would be consistent with typical market behavior, where Bitcoin often experiences sharp corrections after major psychological price levels. This would likely be a temporary dip before another potential climb, depending on factors like market sentiment, adoption trends, and macroeconomic conditions. Always keep an eye on these key levels as Bitcoin’s market trajectory remains volatile.
by CryptocurrencyWatchGroup
A BTC 100K price must have a short pullback before breaching It appears on the hourly, Bitcoin is starting to show either a new short-term bull flag or a falling wedge pattern -- both of which are bullish here. 100K is a psychological milestone, so I'm not surprised to see heavy resistance here. We're programmed to think a 1 with zeroes behind it is a big thing. If everything aligns right, we might see the break out mid-week if we don't get immediate FOMO from others at the beginning of the coming week.
BITSTAMP:BTCUSDLong
by Sleebs
Bitcoin is Ready to Take Off!Bitcoin technical analysis update Yesterday CRYPTOCAP:BTC price touched the broadening wedge support line and the previous major support zone at the $50K level. currently, the price is bouncing from this major support and moving towards the broadening wedge resistance. We can expect a gradual bullish continuation from the current level. We could see a strong bullish move once the price breaks the broadening wedge resistance, potentially reaching $100K. Swing and positional traders can enter a long trade in BTC with a stop loss set at $49,000. Regards hexa
Long
by HexaTrades
5
USDT.D Flashing BEARISH Signal For Bitcoin and Total Market CapIn this video, I've re-created a study I saw online about USDT.D (USDT Tether Dominance) and how whenever it's dropped to this trendline since 2018/2019. It's also marked the top of the market in terms of Bitcoin and Total Market Cap. It obviously makes sense that with money flowing into crypto and Bitcoin, that money would flow out of Tether and stablecoins... But still, this is a very interesting inverse relationship. This is either one of those charts we'll look back at in hindsight, and think 'Well that was obvious' -- Or we'll see a break of this trendline, because... Maybe this cycle IS different. I'll be watching this to see if USDT.D starts rising, and BTC.D starts dropping. This could spark a mini-alt season in the mean time, which would be great. But I would be taking profits into resistance levels, if this USDT.D chart looks to be turning up. What are your thoughts? Please Like, Leave a Comment, and feel free to Share! - Brett
CRYPTOCAP:USDT.D
by BrettFogle
#BTC 1D. Probable Correction. 11/23/24The current #BTC price is too high compared to market indicators, and there is a likelihood of a near-term decline. This often happens when Bitcoin reaches new highs, but these movements are not supported by genuine market strength and are instead artificially created to attract liquidity, which is later taken away by manipulators. It’s possible that Bitcoin won’t reach $100,000 (I personally don’t consider this scenario, let me clarify right away), despite the current growth. This could be due to manipulations by major players who won’t allow the price to rise to this level. However, this seems too obvious, so it’s unlikely. Don’t get your hopes up for a sharp decline. Personally, I believe Bitcoin won’t experience significant drops (corrections) in the near future but will instead continue moving steadily, avoiding sharp downward movements. In my humble opinion, Bitcoin’s upward trend will persist, but the price will fluctuate within a prolonged sideways range (as we saw this past summer). Ideally, we’d see a consolidation before the next significant growth. During this sideways phase, funds are likely to flow into other cryptocurrencies (altcoins), which have shown significant percentage gains in the past two weeks. However, Bitcoin's dominance in the overall cryptocurrency market capitalization remains high and hasn’t decreased, which currently prevents altcoins from achieving substantial growth. Once dominance drops, we’ll see significant growth across all cryptocurrencies. Taking this opportunity, I want to remind you once again that the current cryptocurrency market represents a unique moment that may never return. I urge you to stay informed about ongoing events to ensure you don’t miss out on this chance. In other words, I’m warning that Bitcoin might not show sharp growth in the current market, but significant movement is expected in altcoins. Pay close attention to this trend, and I’ll help guide you through it!
Short
by trendbooster
BITCOIN - Massive ascending triangle patternWeekly chart displays a massive ascending triangle ... we get a confirmation of the breakout since more than 3years target projection is the vertical distance between the base (support at 0 fib level) and the horizontal resistance line of the triangle (it's represents a 1 fib level) when apply this distance to the breakout point we will find 311k is the target of the pattern and u will find this target matching with the 2fib level .. this isn't a coincidence iam not saying that BTC will move directly upward to 300k ... Corrections will definitely occur during this journey. Best regards Ceciliones🎯
Long
by ceciliones
4
Bitcoin Cycle Top Expectation: Fibonacci Targets $160K-$180KAs Bitcoin approaches the $100,000 milestone, this analysis leverages Fibonacci extensions to highlight potential targets for the current market cycle. Historical trends suggest that Bitcoin’s cycle tops often align with major Fibonacci levels, making the $160K-$180K zone a key area of interest. This zone represents a strong convergence of resistance based on both technical levels and psychological significance, where a potential cycle top could form. The chart provides a visual breakdown of these targets, with additional possible extensions if momentum overextends. Disclaimer: This is not financial advice. Always conduct your own research before making any investment decisions.
COINBASE:BTCUSDLong
by djobs
Bitcoin (BTC/USD) Analysis: Correction on the Horizon?Bitcoin has been on a parabolic rally, recently crossing the critical 1.618 Fibonacci extension level at $96,232. As BTC edges closer to the psychological $100,000 mark, questions arise about whether this momentum can be sustained or if a correction is imminent. Here's a detailed analysis: Key Observations: 1.Fibonacci Extension Levels The price has decisively broken above the 1.618 Fibonacci level at $96,232, a critical milestone often associated with overextension in trends. Historically, price corrections tend to occur after such steep rallies, especially near extended Fibonacci levels. 2.Overbought RSI The daily RSI is in overbought territory (>70), signaling that the asset may be due for a cooling-off period. A potential bearish divergence could emerge if the price forms higher highs while RSI fails to do so, which is a classic precursor to corrections. 3.Volume Dynamics While volume supported the initial breakout, it has been relatively muted as Bitcoin approaches $100,000. Declining volume in an uptrend often signals waning momentum and increases the likelihood of a pullback. 4.Psychological Resistance The $100,000 level is a key psychological barrier, likely to trigger profit-booking by traders and long-term holders alike. 5.Potential Support Zones In case of a correction, watch for support at the previous Fibonacci levels: $90,000 (minor support) $74,296 (1.0 retracement) $66,700 (0.786 retracement) Scenarios to Watch: 1.Short-Term Correction Likely If BTC fails to hold above the 1.618 level ($96,232), we could see a pullback toward $90,000 or even deeper to $74,296. Bearish RSI divergence or a decline in volume on higher prices would confirm this scenario. 2.Continued Rally Consolidation above $96,000, supported by strong volume and neutralizing RSI, could indicate sufficient strength for a breakout beyond $100,000. A confirmed breakout with volume could pave the way toward $110,000 and beyond. Conclusion: A correction appears increasingly likely in the short term as BTC approaches the psychological $100,000 resistance with overbought conditions. However, the broader trend remains bullish, and any pullback to key Fibonacci support levels could present a buying opportunity for long-term traders. Key levels to watch: $96,000 (immediate support), $100,000 (resistance), and $74,296 (major support). Stay cautious and monitor the RSI, volume, and price action around $100,000 to gauge the next move. Let me know your thoughts! Is BTC primed for a pullback or ready to shatter $100,000? Comment below!
BINANCE:BTCUSDShort
by AngshumanSaikia
Bitcoin Nears $100,000 as China Clarifies Personal Crypto RightsBitcoin, the world's largest cryptocurrency, has been on a tear, recently surpassing the $99,000 mark. This surge has been fueled by a combination of factors, including increased institutional adoption, favorable regulatory developments, and growing global economic uncertainty. China's Crypto Clarity One of the most significant developments for the cryptocurrency market has been China's clarification of its stance on personal crypto ownership. While the country has imposed strict regulations on cryptocurrency trading and mining, it has clarified that individuals are allowed to hold cryptocurrencies for personal use. This regulatory clarity has boosted investor confidence and could potentially lead to increased adoption of cryptocurrencies in China, the world's second-largest economy. Institutional Adoption Continues to Grow Institutional investors, such as hedge funds, pension funds, and corporations, have been increasingly investing in Bitcoin and other cryptocurrencies. This growing institutional interest has provided significant support to the market and has helped to drive the price of Bitcoin higher. Global Economic Uncertainty The ongoing global economic uncertainty, including rising inflation, geopolitical tensions, and the potential for a recession, has led investors to seek alternative assets. Bitcoin, as a decentralized and inflation-resistant asset, has become an attractive investment option for many. Technical Analysis: A Bullish Outlook Technical analysis of Bitcoin's price chart suggests that the cryptocurrency is in a strong uptrend. The recent breakout above the $99,000 level has further strengthened the bullish sentiment. Key technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are signaling1 bullish momentum. On-Chain Data Points to Further Upside On-chain data, which analyzes the behavior of Bitcoin on the blockchain, provides further insights into the potential for future price appreciation. Metrics like the MVRV Z-Score, NUPL, and Puell Multiple suggest that Bitcoin is not overbought and has significant room to grow. Challenges and Risks While the outlook for Bitcoin remains bullish, it is important to acknowledge the risks and challenges associated with investing in cryptocurrencies. These include: • Market Volatility: The cryptocurrency market is highly volatile, and Bitcoin's price can fluctuate significantly in a short period. • Regulatory Uncertainty: Changes in regulations can impact the price of Bitcoin and other cryptocurrencies. • Security Risks: Cryptocurrencies are vulnerable to hacking attacks and other security threats. • Technical Issues: Technical issues with the Bitcoin network could negatively impact its performance and price. Conclusion Bitcoin's recent surge to near $100,000 has been fueled by a combination of factors, including increased institutional adoption, favorable regulatory developments, and growing global economic uncertainty. While the future of Bitcoin remains uncertain, the current bullish sentiment and strong technical indicators suggest that the cryptocurrency could continue its upward trajectory. However, investors should approach Bitcoin with caution and be aware of the risks involved.
BITSTAMP:BTCUSD
by bryandowningqln
Breaking News:Bitcoin Hits All Time Highs Above $98,000This is a historical event and so I thought I share it with you via video. - Inside this video, I share with you how to use the Rocket Booster Strategy and then combine it with - A charting technique To learn more watch this video right now. - Disclaimer: Please learn risk management and profit-taking strategies. Because trading is risky you will lose money whether you like it or not Also, use a simulation trading account before you use your real money. Do not trade with margin or use high leverage, Do not use leverage higher than 3x.
CRYPTO:BTCUSDLong
by lubosi
BITCOIN new ATH ( 98500$ )Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin, 📚💡 The current chart doesn't reveal any new support level, which is somewhat unusual in this market. To address this, I've employed Fibonacci retracement levels and trendlines to help identify key support zones that might be pivotal in the coming days. Given the recent uptick in trading volume and the influx of new market participants, it seems highly likely that Bitcoin will experience a price increase of at least 10% in the near term. 📚🎇 This potential rise appears to be driven by a combination of strong buying interest and a generally positive market sentiment surrounding the cryptocurrency. However, while the outlook is bullish, it's crucial to remain cautious and stay alert to the possibility of range-bound candles. 📚✨ These candles could indicate a period of consolidation or short-term price fluctuations before any significant upward movement takes place. Staying vigilant and closely monitoring these patterns will help in anticipating the next major price action. 📚💡 🧨 Our team's main opinion is The chart doesn’t show a new support level, so I’ve used Fibonacci retracement and trendlines to identify key support zones. With increased trading volume and positive sentiment, Bitcoin is likely to rise by at least 10%, though short-term consolidation may occur before the next big move.🧨 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
28
Bitcoin Hits All-Time High After BTC ETF Options DebutMarket Update - November 22, 2024 Takeaways BlackRock’s iShares Bitcoin Trust became the first US spot bitcoin ETF approved for options trading:  The price of bitcoin subsequently surged to nearly $98,000 on Thursday, reaching a new all-time high. Institutional interest in MicroStrategy surged this week, with the value of those holdings jumping to $15.3 billion:  Microstrategy founder Michael Saylor has continued to purchase bitcoin and MSTR shares have seen year-to-date gains of roughly 450%. Trump considers Teresa Goody Guillén for SEC chair:  Her appointment would likely usher in crypto-friendly policies and regulatory reform. Meme coins including Bonk, Mog, and Brett have set all-time highs amid a rally partly driven by the resurgence of DOGE to $0.43:  Bonk surged 120% following a burn campaign earlier this week, while Moo Deng also hit record prices. Russia has drafted amendments to tax crypto income, classifying digital assets as property:  The new laws would subject trading and mining income to a 15% personal income tax, while VAT exemptions would apply to crypto transactions. ➕ Topic of the Week: Recurring Buys 🫱 Read more here
GEMINI:BTCUSD
by Gemini
1