سعر Satoshi PumpomotoBTC

Key Characteristics of a BTC Pullback 1. Short-Term Decline: Typically, the price retraces 5-15% from recent highs. 2. Occurs in an Uptrend: Pullbacks happen when the market is bullish but temporarily overbought. 3. Support Testing: The price usually finds support at key levels, such as moving averages, Fibonacci retracement levels, or psychological price points. 4. Low Volume: Pullbacks often occur with reduced trading volume, unlike reversals, which have higher volume.$BTC

In addition to capital flowing towards crypto-related stocks in US pre-market trading hours, Bitcoin’s current on-chain user activity levels also signals potential for more upside.   Despite the 7% price gains observed in the last 3 days, retail trading activity has remained in decline, a move that could considerably impact short-term BTC price action IntoTheBlock’s daily active addresses chart tracks the number of unique wallets that execute valid transactions on a given day. This serves as a proxy for monitoring changes in mass market activity. The chart above shows only 676,000 addresses conducted transactions on the Bitcoin blockchain on Wednesday, 30% lower than 976,490 addresses recorded at the market top on December 16. Moreover, this represents the lowest Bitcoin user activity recorded in 53 days dating back to November 9.  When prices rise during periods of user activity decline as observed on the Bitcoin network this week, it signals the bullish momentum is being driven by resilient long-term holders and short-term bullish whale speculators.  With US retail trading markets set to open on Friday, an influx of activity from retail traders aping into the rally could potentially drive prices further towards $100,000 in the coming sessions.  However, if the speculating whales opt to dump early, BTC could be at risk of another reversal towards the $95,000 level. Technical indicators on the BTCUSDT chart below offer insights into critical Bitcoin price support and resistance levels to watch as US markets reopen for 2025 on Friday. 

Key Factors Driving BTC Price Predictions 1. Market Sentiment: Bullish or bearish trends among retail and institutional investors. 2. Regulatory Changes: Policies surrounding cryptocurrencies globally, such as ETF approvals or bans. 3. Supply and Demand: Bitcoin's fixed supply of 21 million creates scarcity, driving prices higher during demand surges. 4. Halving Events: Bitcoin halvings (the next expected in April 2024) reduce mining rewards, often sparking bullish trends historically$BTC

Bitcoin price has gained 7% in the last three days, briefly breaching the $97,750 resistance on Thursday.  Crypto stocks attracted investor interest on Thursday, with Coinbase (COIN) and Microstrategy (MSTR) rising 3%. Bitcoin daily active addresses plunged to a 50-day low of 676,000 wallets on Thursday.  Bitcoin price crossed $97,750 on Thursday, rising 7% since MicroStrategy’s latest BTC $200 million purchase on Monday December 29. On-chain data shows user activity on the Bitcoin network is still trending 30% below last month's peak, signalling potential for more gains ahead. 

Amid Bitcoin’s struggle to keep above the $100K mark, market observers have also shared some good news. Accordingly, BTC’s derivatives trading activity has ramped up significantly, with daily trading volume soaring to $85 billion, posting a 42% surge. BTC’s Open Interest saw a modest rise of 2%, while the Long/Short ratio stands at 1.0243, indicating a neutral sentiment among investors.   Bitcoin’s dream of leaping 5x during Donald Trump’s presidency is not all too impossible. Some wild predictions for Bitcoin in 2025 alone suggest it could potentially reach $200,000. BTC could achieve the 5x target in the long term, fueled by Trump’s pro-crypto policies, continued institutional adoption, and Bitcoin’s ability to overcome key resistance levels.