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Bitcoin has crashed today, erasing the gains from the Christmas rally. Here’s how this may have been foreshadowed by social media sentiment.

Social Media Users Got Too Hyped During Latest Bitcoin Rally

On Christmas Day, Bitcoin came close to touching the $100,000 mark, but in the past day, the coin has seen a sharp reversal of trend as its price has collapsed toward the $95,000 level.

Like with any other price plunge, there are bound to be several factors contributing to the trend. One of these could potentially be the sentiment shared by traders on social media.

When BTC had rallied yesterday, the analytics firm Santiment had shared a chart that revealed how social media had been reacting to the run. The indicator cited by the analytics firm was the “Social Dominance.”

The Social Dominance keeps track of the percentage of the total social media discussions related to the top 100 cryptocurrencies that a given term or topic occupies.

Santiment has used this metric for gauging sentiment on the major social media platforms by applying Bitcoin and price-target-related terms to it. The price targets in question are $90,000, $100,000, and $110,000.

In the context of the recent rally, investors posting about the $90,000 target would naturally be bearish on BTC. Similarly, the posts containing $100,000 would reflect a neutral sentiment, and those with $110,000 would correspond to bullish optimism.

Now, here is a chart that shows the trend in the Bitcoin Social Dominance for these terms over the last month:

As is visible in the above graph, the Bitcoin Social Dominance for the $110,000 target spiked during the latest rally, implying the social media users were quite bullish about the run and expected it to continue until a new all-time high (ATH).

Historically, the cryptocurrency’s price has tended to move in a manner opposite to the expectations of the crowd. This probability of a contrary move taking place has also only gone up the more sure the traders have become about a direction.

As such, while some optimism may not prove to be bad for a rally, an excess of hype can make a reversal more likely to take place. From the chart, it’s apparent that the Social Dominance of the level had also spiked twice earlier in the month and on both occasions, BTC had ended up suffering price declines.

Given the past precedence, it’s not surprising to see that the latest price rally also ended up in failure after the traders on social media got overly excited about where the run could lead to.

BTC Price

At the time of writing, Bitcoin is trading around $96,100, down almost 4% over the last week.

South Korea has announced sanctions against 15 individuals and one entity from North Korea involved in cybercrimes, including large-scale cryptocurrency heists.

The move comes amid rising concerns about North Korea’s use of cyber operations to fund its weapons programs and evade international sanctions.

South Korea Imposes Sanctions On North Korean Hackers And IT Operatives

The Ministry of Foreign Affairs of South Korea particularly disclosed in a statement released on December 26 that the sanctioned individuals are linked to Bureau 313, an organization under the Workers’ Party of Korea’s Machine-Building Industry Department.

This bureau, which has been under United Nations Security Council sanctions since 2016, plays a significant role in overseeing North Korea’s weapons production, including its ballistic missile program.

According to the ministry, these operatives are often dispatched to countries such as China, Russia, Southeast Asia, and Africa, where they operate under disguised identities to secure employment in IT firms.

Many of these individuals infiltrate IT networks, manipulate company operations, and, in some cases, conduct cryptocurrency thefts. One such individual, Kim Cheol-min, reportedly infiltrated IT firms in the US and Canada, transferring large sums of foreign currency back to North Korea.

Additionally, one sanctioned entity is also known to send North Korean IT personnel overseas to secure illicit funds for Pyongyang’s regime and military operations.

CryptoTheft and Cyber Activities Intensify

Notably, the reasons behind the sanctions of these North Korean perpetrators are quite evident. Recent reports from blockchain analytics firm Chainalysis reveal that North Korean hackers stole approximately $1.34 billion worth of cryptocurrency across 47 incidents last year.

This significant figure represents 61% of the total global cryptocurrency theft in 2023, marking a sharp increase both in terms of frequency and scale.

According to the report, these attacks are often meticulously planned, with operatives using advanced Tactics, Techniques, and Procedures (TTPs) to breach corporate networks and extract valuable digital assets.

The Chainalysis report also points out a concerning trend—many of these thefts are facilitated by North Korean IT workers embedded in global tech firms, including crypto and Web3 companies.

These operatives often use false identities, third-party intermediaries, and remote work opportunities to gain unauthorized access to sensitive systems.

Once inside, they manipulate networks, compromise security protocols, and exfiltrate funds in the form of cryptocurrencies, which are then laundered through complex blockchain transactions to evade detection.

While the sanctions represent a significant step, North Korea’s cyber capabilities will likely remain a persistent threat without coordinated global oversight and advanced cybersecurity measures. The South Korean government wrote:

Our government will continue to work with the international community to block North Korea’s illegal cyber activities with a high level of alertness. This independent sanction is scheduled to take effect from 00:00 on Monday, December 30 through publication in the Official Gazette. Financial and foreign exchange transactions with the targets designated as targets of this independent sanction require prior approval from the Financial Services Commission or the Governor of the Bank of Korea

Featured image created with DALL-E, Chart from TradingView

В 2025 году общая заблокированная стоимость стейблкоинов увеличится до $200 млрд, и существенно вырастет спрос на карты, поддерживающие эти активы, заявили опрошенные изданием Cointelegraph эксперты.

Южнокорейская телекоммуникационная компания SK Telecom намерена закрыть свою метавселенную ifland, чтобы сосредоточиться на развитии инноваций в области искусственного интеллекта (ИИ).

Bitcoin has observed a sharp retrace to $95,000 in the past day as on-chain data shows whales have been busy depositing to exchanges.

Bitcoin Has Almost Entirely Retraced Its Gains From Christmas

Bitcoin renewed optimism among investors when it edged close to the $100,000 mark during the rally over Christmas Eve and Christmas Day, but in the past day, the asset has decided to crush these hopes as its price has crashed.

From the chart, it’s visible that Bitcoin is now down to the $95,700 level, which isn’t terribly higher than the $94,100 mark that the asset was trading at prior to this rally.

The bearish price action may not be entirely unexpected when considering what on-chain data has been saying.

BTC Whales Have Made Massive Exchange Inflows Recently

As pointed out by analyst Ali Martinez in a new post on X, the exchanges have received massive Bitcoin deposits over the past week. The indicator of relevance here is the “Exchange Reserve,” which keeps track of the total amount of BTC that’s sitting in the wallets of all centralized exchanges.

When the value of this metric rises, it means the holders are making net inflows to these platforms. As one of the main reasons why investors use exchanges is for selling-related purposes, this kind of trend can have bearish implications for the asset.

On the other hand, the indicator going down implies the outflows are overwhelming the inflows, and a net amount of the asset is entering exchange-associated wallets. Such a trend can be a sign that the holders are accumulating, which can naturally be bullish for the price.

Now, here is the chart from the on-chain analytics firm CryptoQuant shared by Martinez that displays the trend in the Bitcoin Exchange Reserve over the past couple of weeks:

As shown in the above graph, the Bitcoin Exchange Reserve was in a decline during the price rally earlier in the month, implying the investors were buying and helping fuel the run.

This wasn’t the case leading up to and during the Christmas rally, as the indicator registered a huge increase instead. In total, the investors deposited 33,000 BTC to these platforms over the past week, worth approximately $3.15 billion at the current exchange rate.

Most of these deposits came on Christmas Eve, as is clearly visible in the chart. Thus, it seems the whales were preparing to sell in advance, and once they thought the price got high enough by Christmas, they pulled the trigger, resulting in a price crash.

The Bitcoin Exchange Reserve may now be to keep a close eye on, as any reversals on its graph would mean the investors feel the prices are low enough to again be worth buying at.

With recent price developments, Solana could be set for a major rally in the coming days or weeks. Due to the general market’s resurgence, several bullish forecasts from seasoned crypto analysts suggest that the altcoin might be entering the next phase of its bull cycle.

Breakout Setting The Stage For A Bullish Surge In Solana’s Price

Solana has faced heightened volatility in the past few days, prompting speculation of a deeper decline. However, a shift in direction may be emerging as the crypto asset undergoes a breakout.

Looking at SOL’s price performance in the 1-day time frame, Rose Premium Signals, a technical analysis platform, highlighted that the altcoin is breaking out of a downward channel. SOL’s breakout above the key pattern signals a bullish reversal and its resilience amidst waning market conditions.

Given the recent rise in investors’ confidence and growing network activity, this move could further reinforce the bullish sentiment around Solana. Should the momentum extend, it may push SOL toward a new all-time high, making the altcoin one of the best-performing assets in the ongoing market cycle.

Following the breakout, the platform noted that the 0.78 Fibonacci retracement level has provided strong support. Meanwhile, SOL’s price is currently getting close to the 0.618 retracement at the $197 mark. Thus, the support zone between $181.75 and $179.66 is crucial in determining the digital asset’s next trajectory.

Should the momentum persist and SOL rally, it might touch the $254 mark as the first target. Other key higher targets anticipated by the technical platform include $302 and $345 in the medium term. Rose Premium Signal’s prediction could imply that the current correction phase might be healthy, creating opportunities for new investors before SOL resumes its upward strength.

Large Capital Inflow From SOL’s Investors

Despite the waning price performance, SOL’s Net Realized Profit/Loss metric has signaled a prolonged bullish sentiment among investors. Glassnode’s report shows that since early September 2023, Solana has continuously maintained a positive net capital inflow, with barely slight outflows throughout this time frame.

This persistent rise in capital flow underscores heightened investors’ confidence in the blockchain platform. It also highlights the rising adoption of Solana’s ecosystem, driven by its fast transaction speeds and low costs.

Glassnode noted that the development has helped to boost growth and price appreciation. With the steady influx, Solana has reached a remarkable peak daily inflow of $776 million in new capital. The trend is seen as an optimistic signal for SOL’s price trajectory in the upcoming months.

Currently, SOL is trading at $188, indicating a nearly 5% decrease in the last 24 hours. A bearish trend has also been cited in its market cap and trading volume, which have fallen by over 4% and 22%, respectively.

The Dogecoin price is replicating a bullish fractal from 2021, signaling the potential for a price breakout to new highs. A crypto analyst has shared a price chart comparing this historically recurring fractal to Dogecoin’s current trajectory, predicting a massive surge to new all-time highs by January.

Historical Fractal To Trigger Dogecoin Price Rally Above $4 

In an X (formerly Twitter) post on Wednesday, Trader Tardigrade, a prominent crypto trader and analyst, predicted that Dogecoin, the number one meme coin, could record an explosive price rally beyond $4 by January 2025. The analyst announced that Dogecoin is repeating a crucial fractal observed during its huge price pump in the 2021 bull run. 

He presented two parallel charts comparing Dogecoin’s movements between 2020 and 2021 and that of 2024. The right side of the chart shows Dogecoin’s price action in 2020, which led to a massive spike in January 2021. 

Before this significant price surge, Dogecoin underwent a series of consolidation patterns. The blue triangle in the chart indicates a local peak, the green curve highlights a price recovery after a dip, and the orange arc represents a period of gradual consolidation. 

These distinctive price movements culminated in a sharp breakout for Dogecoin, allowing it to skyrocket past $0.065 in January 2021. 

Based on Trader Tardigrade’s analysis, Dogecoin is repeating this bullish setup, with the same consolidating patterns appearing on its price chart. The blue triangle on the left side of the chart shows that Dogecoin has already formed an initial peak. Additionally, the green curve highlights a price recovery, and the orange arc signals a rounding consolidation pattern. 

If these bullish fractals hold, Dogecoin could mirror its previous price action and experience a strong rally similar to the 2021 pump. Consequently, the analyst labeled January “the big bang month,” emphasizing its importance during this bull market. Trader Tardigrade predicts that if Dogecoin repeats the historical fractal, it could trigger a surge strong enough to propel the meme coin’s price above $4.  

Analyst Predicts 570% Surge For Dogecoin 

Crypto analyst Javon Marks has also predicted a massive bull rally for Dogecoin, emphasizing the importance of historically repeating patterns in determining the meme coin’s future trajectory. The analyst shared a chart outlining Dogecoin’s price behavior across three distinct cycles — Cycle 1, Cycle 2, and Cycle 3. 

Each cycle follows a similar consolidation pattern within a descending triangle, followed by a breakout that leads to a substantial price rally. Dogecoin surpassed the 1.618 Fibonacci Extension level during each cycle after successfully replicating the historical consolidation patterns. 

Based on this analysis, the current Dogecoin price action in Cycle 3 aligns with the recurring pattern. If this trend persists, Marks forecasts that Dogecoin could experience a massive surge of over 570%, potentially reaching $2.28 or higher. 

Bitcoin has experienced a rollercoaster ride over the past couple of weeks, showcasing its trademark volatility. After reaching an all-time high (ATH), the leading cryptocurrency saw its price drop by 15%, testing the $92,000 mark as a crucial support level. However, BTC quickly bounced back, climbing just below the psychological $100,000 threshold. This rapid recovery highlights the market’s resilience but also reflects ongoing uncertainty among traders and investors.

Amid this volatility, new data sheds light on the shifting dynamics of the market. Top crypto analyst Axel Adler shared an insightful analysis revealing that the BTC market is increasingly dominated by HODLing sentiment. Long-term holders appear to be moving their coins less frequently, signaling growing confidence in Bitcoin’s long-term value.

This behavior underscores a broader trend: rather than reacting to short-term price fluctuations, many BTC investors are opting to keep their holdings intact for extended periods. Such sentiment often lays a foundation for price stability and sets the stage for future rallies. With Bitcoin trading near historic levels and HODLing at an all-time high, market participants eagerly anticipate its next move in this dynamic and ever-evolving cycle.

The Bitcoin Cycle: Same But Different

Bitcoin’s current cycle exhibits familiar patterns from past bull runs, particularly the halving year that historically sets the stage for a new rally. As has been the case in previous cycles, the reduction in miner rewards through halving tends to decrease the rate of new supply entering the market, creating upward pressure on price. 

However, this cycle shows key differences. BTC has become a globally accepted asset, gaining more mainstream attention and capturing new investors from diverse backgrounds. More importantly, many of these new investors are adopting a long-term holding strategy, a trend that has become more pronounced across all investor cohorts.

Key data from Axel Adler, a renowned CryptoQuant analyst, sheds light on these shifts. Since the start of the current bull cycle, Adler has highlighted a notable trend: the average age of VTC coins is steadily increasing on a yearly (365-day) scale, indicated by a blue arrow in the analysis.

This signals that more and more coins are being held for extended periods, suggesting a strong HODLing sentiment in the market. Additionally, a short-term (30-day) trend also shows a higher propensity to hold coins, indicating that short-term holders are less inclined to sell.

This shift toward HODLing is a bullish factor for BTC, as it reduces the circulation of “young” coins—coins that are more likely to be sold during price rallies. With fewer coins in active circulation, selling pressure diminishes, further solidifying Bitcoin’s upward potential in the coming months.

BTC Price Testing Liquidity

Bitcoin is currently range-bound between crucial demand levels, with support around $92,000 and resistance near the $100,000 mark. The market is awaiting a decisive move, as BTC’s price action remains stuck between these two key levels.

To put it simply, if BTC trades above $100,000, the outlook is bullish, signaling potential for further gains. On the other hand, if it drops below $92,000, the market would lean bearish, suggesting a deeper pullback. In this range, there is room for indecision, with price fluctuations between these levels likely to continue in the short term.

If BTC manages to hold above $95,000 in the coming days, this would be an encouraging sign for bulls, indicating that BTC could be gearing up for a challenge to the $100,000 level. A sustained push above $100,000 would signal strong bullish momentum, potentially driving BTC into new all-time highs.

Conversely, any sustained move below $92,000 would suggest weakness and open the door to further downside. The next few days are crucial in determining Bitcoin’s short-term direction, and the $95,000-$100,000 range will be closely watched for any breakout signals.

Featured image from Dall-E, chart from TradingView 

The Dogecoin price is currently trading within a bearish setup as it continues to undergo correction following a remarkable price surge in the past two months. Nonetheless, technical analysis suggests that the leading meme coin is still trading in a bullish setup on the larger timeframe. 

In a technical analysis of Dogecoin’s price movement on the 2-week candlestick chart, crypto analyst Javon Marks noted a looming 570% rally for DOGE, which is contingent upon a break above the 1.0 Fibonacci extension level.

Fibonacci Extension Indicates Bullish Momentum

According to a Dogecoin technical analysis posted on social media platform X by Javon Marks, the Dogecoin price is currently in the midst of its third major bullish cycle since its creation. Drawing parallels from Dogecoin’s historical price action during its previous two bullish cycles, Marks suggests that the cryptocurrency is well-positioned to go on a 570% increase from its current price.

Using the Fibonacci extension indicator, he pinpointed the 1.618 level as the first important bullish target this cycle. This is because the last two cycles have been highlighted by a break above this Fib level when projected from the low of the preceding bearish phase. As such, Dogecoin has surpassed this level during each of its past bull runs. 

According to the chart below, the bearish phases have been highlighted by Dogecoin bouncing off a relatively constant support level. This price action is then followed by strong bullish candles that break above the previous cycle’s all-time high. 

The current (third) Dogecoin cycle is currently playing out the same way. However, the meme coin seems to have faced a notable resistance level on its way to reclaiming the previous cycle’s all-time high of $0.7316. Particularly, the Dogecoin price encountered multiple rejections around $0.475 in early December, which has culminated in a correction path since then. 

At the time of writing, Dogecoin is trading at $0.316, which translates to a 50% price decline since December 8. Furthermore, data from Coinmarketcap shows that the leading meme coin is currently down by 12.5% in the past seven days. Notwithstanding, crypto analyst Javon Marks suggests that history hasn’t changed and still points to a fairly high likeliness of a price run to Fib extension levels to new all-time highs.

Analysis Puts Dogecoin Price Beyond $2.8

Dogecoin’s cyclical price movements have had a defining feature of its market behavior, which is a successive break above the 1.0 and 1.618 Fib extension levels from the bearish market low. Right now, the bearish momentum hinges on a break above an initial break above the 1.0 Fib extension level, which is situated around $0.569. Breaking above this level would open up the stage for Dogecoin bulls to challenge its current all-time high.

If the current cycle follows the trends from the previous cycles, Dogecoin could break past the 1.618 Fibonacci extension, which would put it at least around $2.28. From here, the Dogecoin price could continue on a bullish momentum and move into other price milestones.

Сегодня на волнах Радио АВРОРА мы обсуждаем итоги Года семьи в РФ и демографические проблемы в стране, а также экологическую катастрофу в Анапе. В эфире эксперты с места событий! Аналитически-репортёрский...

The meme coin cumulative market cap waned by 11.79% this month. But those who’ve been riding the crypto rollercoaster for years know to buy the dip.

If we look at the broader picture, the meme coin sector grew by 833% in 2024. And the rally has just begun, so it’s not too late to hoard some tokens. Who knows? Maybe you’ll be bidding farewell to 2025 on a private yacht in the Bahamas.

While we can’t make guarantees (otherwise, we’d all be millionaires by now), these 5 meme coins have what it takes to explode 10x.

Pudgy Penguins ($PENGU) Melts Hearts With Its Wholesome NFTs

96% of NFTs might be dead, but 4% are still alive and kicking. Despite its chilly Antarctic vibe, Pudgy Penguins is the hottest NFT collection around.

The collection consists of 8,888 chubby penguins that represent eternal values – love, compassion, friendship, you name it. Its wholesome theme might be the very reason Pudgy Penguins is trending this Christmas.

$PENGU, the native token of the Pudgy Penguins ecosystem, surged 679% since launch. In line with the project’s upright morale, 4% of the token supply is set aside for charitable causes.

Pudgy Penguins proves that philanthropy is still in fashion, and its strong community with over 530K X followers is likely to drive $PENGU’s long-term growth.

SPX6900 ($SPX) Outperforms S&P 500: The Parody Token That’s Not a Joke

SPX6900 ($SPX) is a parody of the S&P 500 index. While Wall Street guys invest in the 500 largest US companies, degen traders splurge on functional indexes poking fun at traditional institutions.

And boy, did SPX shoot up this year – starting at $0.0006707, it now trades at $0.7961, a 13,000% increase. Can S&P 500’s 26.50% increase compete with that?

The token’s price in the past four months has been volatile, to say the least. But analysts like Jacob Bury predict it to climb even higher in this bull cycle.

Wall Street Pepe ($WEPE) Assembles a Degen Army to Rival Whales

Wall Street Pepe ($WEPE) is another meme coin poking fun at the fat cats of finance. The project raked in a staggering $36M in less than a month since it marched onto the presale scene.

Fed up with whales conspiring in insider groups, $WEPE assembles an army of degen investors. The little fish will build their own theme park with blackjack and tested trading strategies. Together, the $WEPE community will crush the ivory tower.

$WEPE now costs $0.0003656, but the next price uptick is scheduled in two hours. This means there will be no other opportune time than now to stack up on tokens and stake them at a 36% APY.

If you decide to join $WEPE’s battle against whales, don’t forget to join its X and Telegram channels for updates.

Solaxy ($SOLX) Addresses Solana’s Scalability Limitations

There’s no shortage of Ethereum Layer-2 solutions (L2s). But a Solana L2 is something entirely novel.

Solaxy ($SOLX) aims to resolve Solana’s long-standing congestion issues by processing meme coin transactions off-chain.

Essentially, it takes Solana’s best features, improves its performance, and bridges it with Ethereum for greater liquidity to deliver a smooth trading experience for the degen community.

The $SOLX presale kicked off on December 14 and has since raised $5.6M. There’s no sign of stopping, and early adopters could be in for the highest returns – particularly those who staked their $SOLX at a 715% APY.

You can currently buy $SOL at $0.00158. To do so, head over to Solaxy’s official website, connect your wallet, and pay with $ETH, $BNB, or $USDT.

Follow Solaxy on Telegram or X to learn more.

Flockerz ($FLOCK) Lets Token Holders Shape Its Future, 27 Days Left

Building upon $SPX and $WEPE’s detesting of centralization and discrimination, Flockerz ($FLOCK) introduces an innovative decentralized governance model.

Its Vote-to-Earn (V2E) mechanism allows $FLOCK token holders to earn rewards for voting on project development proposals. Every voice matters.

The $FLOCK presale entered its final stage with nearly $8M raised. Early birds have just 27 days left to buy $FLOCK at $0.00653 – after which, it will list on exchanges at a higher price.

Join the birdy action on X and Telegram so as not to miss updates.

Is Your Eggnog Stronger Than Your Crypto Portfolio?

As Christmas festivities are wrapping up, you still have some time to devour eggnog, finish the cake, and dabble in crypto trading (if you prefer eggnog’s alcoholic version, best to invest first, drink second).

While all of these projects have strong growth potential, always do your own research. Nothing is certain in life, so only invest as much as you can afford to lose.

The Meme Index ($MEMEX) seems to be drunk on its own Christmas punch, as it hit $500K in its first two days on presale.

The world’s first decentralized meme coin index is currently selling at $0.0146285 and offers a staking APY of 3,867%. But the price is set to increase to $0.014687, which should trigger buying pressure as investors race to lock in the highest gains.

The Meme Index – Unbeatable Price, Great Use Case

$MEMEX is attractive to investors for a lot of reasons. Not only is a 3,867% staking APY hard to say no to, but $MEMEX also offers a great long-term utility. With so many meme coins flooding the crypto market, $MEMEX promises to streamline and simplify the trading experience.

Similar to index funds on the regular stock market, the Meme Index lets you invest in an index of multiple top meme coins.

You can choose between four indexes, ranging from the safe Titan Index, and then progressing in blood pressure to the Moonshot Index, Midcap Index, and finally the riskiest – The Meme Frenzy Index. The one you opt for will depend entirely on your risk tolerance.

Go for the most volatile plan and hopefully make more profit – but it can easily go the other way and you could lose the lot. Are you feeling lucky?

Meme Coins Are Your New Daddy

Investors naturally lost their minds when Bitcoin hit $106,000. But meme coins are also having their moment in the sun in 2024 – and 2025 promises to be even better.

In past years, investors have gravitated to road-tested cryptocurrencies like $BTC and $ETH, as they were seen as the safest choice. But now meme coins tell utility-focused crypto to hold their beer. They’re proving that they too can provide very attractive profits.

Nothing says success more than $137B in total profits in 2024.

Meme Coins Are Showing Mind-Blowing Growth

Just look at these coins and how much they’ve been rocking in 2024.

• Pepe ($PEPE): +1,230%
• DogWifHat ($WIF): +1,226%
• MogCoin ($MOG): +4,918%

We’ll have what MogCoin is having.

But nothing beats Peanut the Squirrel ($PNUT) which has seen the growth equivalent of several nuclear bombs with a rise of 1,170,099% – since November. If you invested $1,000 back then, you’d be sitting on $11.7M by now and having a very merry Christmas.

The problem is that, with so many new meme coins, it’s difficult to know which ones will bloom and which ones will implode. By investing in the Meme Index, you spread your risk, so if one coin does a dying swan, your money is put on the other options. You also earn voting rights to shape the project’s future.

To get started, head over to the Meme Index website, connect your crypto wallet and exchange $ETH, $BNB, or $USDT for $MEMEX.

Read Our Predictions – But Always Do Your Own Research

Remember, we can only make predictions, not guarantees. If we could make guarantees, most would quit here at Bitcoinist and live the high life on the beach as crypto millionaires.

Read our predictions, but before committing any of your hard-earned money to $MEMEX, do more in-depth research and come to your own conclusions.

And never invest what you can’t afford to potentially lose. Keep the shirt on your back, and have a happy new year.

Investors’ and traders’ hope about an impending massive price rally for Bitcoin is alive again as the digital asset experiences renewed strength toward crucial resistance levels such as the coveted $100,000 mark. Given the recent price upswing, BTC’s short-term outlook looks promising for significant gains.

A Big Move For Bitcoin To New All-Time Highs Approaches

As Bitcoin regains upbeat momentum, Micro2Macr0, a macroeconomist and investor, has weighed in on Bitcoin’s trajectory, predicting that its next significant move might be close. His forecast has sparked optimism within the community about a possible rally to a new all-time high in the near term.

The expert points to a critical support range and indicators that indicate an imminent price breakout to higher levels. His bold prediction comes amid heightened market anticipation about a deeper correction for BTC, suggesting a swift rebound.

Presently, Bitcoin has witnessed a notable recovery to the $99,000 threshold, gradually aiming at the $100,000 level. Thus, the analyst expects Bitcoin to conclude the week in bullish territory if it can maintain between the $99,000 and $100,000 range over the next few days.

In the event that this happens, the $145,000 is the measured move for the next significant rally. Meanwhile, Micro2Macr0 is confident that this substantial thrust may occur in the following months, at the very most quarters.

With the $99,000 and $100,000 range being key for BTC’s next major move, investors and traders are keenly watching for market signals in order to position themselves for the much-anticipated rally to a new all-time. This demonstrates investors’ robust optimism and confidence in BTC’s long-term potential.

BTC Short-term Holders Offloading Their Holdings At A Rapid Rate

Even though BTC is gradually entering into bullish territory, a notable shift has been cited among short-term holders. Axel Adler Jr, a macro researcher and author reported that short-term investors are seizing the opportunity to sell their Bitcoin holdings at substantial profits.

On-chain data shows that this sharp selling activity lingers around investors who acquired BTC within the last few months following the cryptocurrency’s recent price surge to a new peak in December. Specifically, this trend indicates profit-taking behavior, which is typical during bull market phases.

Adler highlighted that active profit-taking by these investors may cause a local correction and a price drop should demand slow down. Since selling coins at a loss in a bull market is not always the best course of action, short-term holders’ sales are likely to decline in the event of a price drop. 

As a result, the market could stabilize at support levels, which are around the $90,000 threshold. Despite heightened selling activity by STHs, long-term holders continue to hold their positions, reflecting confidence in Bitcoin’s future growth.

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Основатель инвестиционного проекта Artemis заявил, что капитализация крипторынка увеличится с $3,5 трлн до $100 трлн. Драйвером роста выступят так называемые нормисы, считает бизнесмен.

Министерство иностранных дел Южной Кореи обвинило в хакерстве 15 граждан Северной Кореи, которые работали в «Бюро 313», организации при Департаменте машиностроительной промышленности Трудовой партии Кореи.

Эксперты по кибербезопасности Scam Sniffer сообщили о поддельном веб-сайте, связанном с популярным NFT-проектом Pudgy Penguins. Мошенники публикуют вредоносную рекламу в поисковике Google.

31 декабря шесть паевых инвестиционных фондов на базе биткоина начнут работать на израильском фондовом рынке. Управление по ценным бумагам Израиля (ISA) одобрило биржевые продукты несколько дней назад.

Президент Сальвадора Найиб Букеле (Nayib Bukele) планирует в 2025 году посетить Россию, одной из главных тем визита будет биткоин и связанное с ним законодательное регулирование, сообщило издание CCN со ссылкой на осведомленные источники.