Avi

01/07 09:35

Bitcoin is on the verge of $100,000 again

🔥 The crypto market has been on the rise since the beginning of the year. The 1.25% gain on the last day brought the gain since the beginning of January to 10%. At the current level of $3.58 trillion, the market has recovered around two-thirds of the losses since peaking at around $3.80 in mid-December. Interestingly, the market is not currently being held back by growing expectations of tighter monetary policy from the Fed.
🔥🔥🔥🔥🔥

The cryptocurrency Fear and Greed Index is back in extreme greed territory at 78. That's high enough to indicate active buying interest but not too hot, leaving room for upside. 🔥🔥🔥🔥🔥🔥🔥🤝

Bitcoin passed the $100K mark and climbed above $102K late on Monday. After rallying since early November, the first cryptocurrency completed a classic Fibonacci retracement and returned to growth. A break above the $110K level will initiate an expansion pattern with an upside potential of $134K.🔥🔥🔥🔥🔥🔥🔥🔥🔥

News background:🔥🤝🎉🎉

According to CoinShares, global investment in crypto funds reached a record $44.2 billion in 2024, almost four times the previous record set in 2021. Bitcoin investment grew by $38 billion over the year and Ethereum by $4.9 billion.🔥🔥

Among other altcoins, $438 million went into XRP funds, $69 million into Solana and $53 million into Litecoin.🔥

MicroStrategy bought 2,138 BTC for $209 million last week at an average price of around $97,837 per coin. The company holds 446,400 BTC on its balance sheet at an average price of $62,428.🔥🔥🔥🔥🔥🎊

Traders are focusing on call options with a strike price of $120,000. Key market catalysts are Trump's inauguration on the 20th and the Fed's rate decision on the 29th.
Miner MARA directed 7,377 BTC, or 16.4% of its bitcoin reserves, to cryptocurrency lending services to generate 'modest' additional income. The expected return on the contracts does not exceed 10% per year.
🔥🔥🔥🔥🎉🎉🎉🎊🎊🤝

Follow for more 💚♥️🔥🔥🤝

#2025 Crypto Ecosystem Annual Gala#Tariffs Crash Crypto#BTC price hits a new high of $120,000!

10Paylaş