Bitcoin hits another all time high and nears the 100k target.
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How much have you gained from this BTC wave?
When will you begin to take profit?
The present Bitcoin bull run likely isn’t at its peak, but it’s entering the last quarter. The target for this cycle is about $120K–$130K. Be prepared to take profit when it hits $130. Thanks @Tiger_comments @icycrystal
104-105k current target for BTC and possible midweek reversal for a macro top into macro correction, or macro crash, DXY continues its march upward to 1.08-1.09$ target zone, which signals risk on assets see a correction along with the traditionals such as DOWJ and SP500, DOWJ looks like has couple more weeks before its macro correction still looking at pattern structure to determine if we see a triple top or double top for the trads
Bitcoin going to $100k! Let's go to the moon! Congrats to all who believed and cash out to enjoy life.
Bitcoin going to $100k! Let's go! #MSTR position going well. $TSLA also good. #BTC ETF and mining stocks making good progress. "Value investing" bye bye.
Bitcoin's Bullish Run: Is $100,000 Imminent? Bitcoin, the world's premier cryptocurrency, has been on a remarkable ascent in recent times. As it continues to break new price records, the question on everyone's lips is: Will Bitcoin hit the $100,000 mark this year? The Perfect Storm for Bitcoin Several factors are converging to propel Bitcoin towards its next milestone: Institutional Adoption: Major financial institutions and corporations are increasingly recognizing Bitcoin as a legitimate asset class. Companies like Tesla and MicroStrategy have invested heavily in Bitcoin, adding credibility and stability to the cryptocurrency market. Global Economic Uncertainty: Economic instability and inflationary pressures have led investors to seek alternative assets, with Bitcoin emerging as a hedge
Bitcoin Surges Towards $100,000: Who's Driving the Rally and What's Next Today, $Bitcoin (BTC.CC)$ continued its strong upward momentum, successfully breaking through the $99,000 mark, with the $100,000 milestone now within reach. It's worth noting that Bitcoin has already increased nearly five-fold over the past two years, with its price surging over 130% year-to-date. With the continuous stream of positive news in the cryptocurrency space, Wall Street generally expects Bitcoin to reach $200,000 by the end of 2025. "The massive psychological barrier of $100,000 is now within sight," said Caroline Mauron, co-founder of Orbit Markets, a crypto derivatives liquidity provider. She added that bets in the Bitcoin options market indicate "the market expects prices to rise rapidly." Galaxy Digita
$Bitwise 10 Crypto Index Fund(BITW)$$Grayscale Bitcoin Mini Trust(BTC)$ B͛U͛L͛L͛I͛S͛H͛ 📈📊📈 $BITW: Pattern Analysis Points Up I͛N͛T͛O͛ 2͛0͛2͛5͛! 📈📊📈 Kia ora Tiger traders! $BITW (22Nov24, 🇳🇿 NZ Time) is trading at $58.36, and the chart suggests a gradual move towards the $140 target zone over the coming months, likely extending into early to mid-2025. The pattern analysis indicates a steady build-up in momentum, aligning with longer-term breakout dynamics. Patience maybe 🔑 as this trend develops! $BTC Bitcoin reached 99,555! We are so close to a $100,000 Bitcoin 💥 There hasn't been a great deal of consolidation since November 6th breaking out of the previous ATH. ....Cautious of the
BTC's failure to hit $100k last night doesn't necessarily mean it won't happen tonight. In fact, a touch and retrace scenario is entirely possible. Considering this, taking partial profit and riding the wave again might be a prudent strategy. Looking ahead, the official inauguration of Donald Trump as president on January 20, 2025, could be a significant event to watch. It's essential to stay informed about potential market-moving events. Keep a close eye on the charts and be prepared for any unexpected moves. $Coinbase Global, Inc.(COIN)$ $Grayscale Bitcoin Trust(GBTC)$ $iShar
Why I Avoid Investing or Trading Bitcoin and Related Stocks
Investing or trading Bitcoin and related stocks might be enticing to some, but I choose to steer clear of them for several reasons. My decision is based on a combination of financial principles, personal risk tolerance etc. Below, I outline the key reasons why I avoid these investments: 1. High Volatility and Risk Bitcoin and related assets are notoriously volatile, with their prices subject to extreme fluctuations over short periods. As a risk-averse individual, this level of unpredictability does not align with my investment philosophy. For example, the price of Bitcoin can swing by a lot within hours, making it difficult to predict its value or plan a reliable strategy. Such volatility exposes investors to potential significant losses, which I prefer to avoid. 2. Lack of Income Generati
Anyone purchasing Bitcoin at $100K likely sees it as either a tool for transactions or anticipates further price increases in the future. They might view it as a long-term investment, believing in its future potential for growth, or they may want to use it for its intended purpose—such as making payments, transfers, or as a store of value. However, I don't share this viewpoint. I believe that buying Bitcoin at such a high price might be a risky bet. The volatility and unpredictability of the market suggest that Bitcoin's price could be inflated at this point, potentially leading to a correction. Those purchasing at these levels could face significant losses if the market turns. While some may see it as an opportunity for future gains, I remain skeptical and think there may be better ways t
Bitcoin's Bullish Run: Is $100,000 Imminent? Bitcoin, the world's premier cryptocurrency, has been on a remarkable ascent in recent times. As it continues to break new price records, the question on everyone's lips is: Will Bitcoin hit the $100,000 mark this year? The Perfect Storm for Bitcoin Several factors are converging to propel Bitcoin towards its next milestone: Institutional Adoption: Major financial institutions and corporations are increasingly recognizing Bitcoin as a legitimate asset class. Companies like Tesla and MicroStrategy have invested heavily in Bitcoin, adding credibility and stability to the cryptocurrency market. Global Economic Uncertainty: Economic instability and inflationary pressures have led investors to seek alternative assets, with Bitcoin emerging as a hedge
Bitcoin Surges Towards $100,000: Who's Driving the Rally and What's Next Today, $Bitcoin (BTC.CC)$ continued its strong upward momentum, successfully breaking through the $99,000 mark, with the $100,000 milestone now within reach. It's worth noting that Bitcoin has already increased nearly five-fold over the past two years, with its price surging over 130% year-to-date. With the continuous stream of positive news in the cryptocurrency space, Wall Street generally expects Bitcoin to reach $200,000 by the end of 2025. "The massive psychological barrier of $100,000 is now within sight," said Caroline Mauron, co-founder of Orbit Markets, a crypto derivatives liquidity provider. She added that bets in the Bitcoin options market indicate "the market expects prices to rise rapidly." Galaxy Digita
The present Bitcoin bull run likely isn’t at its peak, but it’s entering the last quarter. The target for this cycle is about $120K–$130K. Be prepared to take profit when it hits $130. Thanks @Tiger_comments @icycrystal
Why I Avoid Investing or Trading Bitcoin and Related Stocks
Investing or trading Bitcoin and related stocks might be enticing to some, but I choose to steer clear of them for several reasons. My decision is based on a combination of financial principles, personal risk tolerance etc. Below, I outline the key reasons why I avoid these investments: 1. High Volatility and Risk Bitcoin and related assets are notoriously volatile, with their prices subject to extreme fluctuations over short periods. As a risk-averse individual, this level of unpredictability does not align with my investment philosophy. For example, the price of Bitcoin can swing by a lot within hours, making it difficult to predict its value or plan a reliable strategy. Such volatility exposes investors to potential significant losses, which I prefer to avoid. 2. Lack of Income Generati
How Much Longer Can Bitcoin Climb? To $100K and Higher?
$CME Bitcoin - main 2411(BTCmain)$ surged to $98,000 today—will it hit $100K after tonight's market open?1. How Much Longer Can Bitcoin Climb?Analysts believe:This bull run likely isn’t at its peak, but it’s entering the last quarter. The target for this cycle is about $120K–$130K.Both realized and unrealized profits have reached recent highs. realized profit still lower than March's peakWith today’s rally, unrealized profits will likely rise significantly, and $100K could be a key profit-taking level. After reaching $100K, Bitcoin might face a short-term correction, with further gains dependent on potential crypto-friendly policies from Trump’s administration next year.2. Should You Take Profits at $100K or Keep Holding?If Bitcoin reaches $1
104-105k current target for BTC and possible midweek reversal for a macro top into macro correction, or macro crash, DXY continues its march upward to 1.08-1.09$ target zone, which signals risk on assets see a correction along with the traditionals such as DOWJ and SP500, DOWJ looks like has couple more weeks before its macro correction still looking at pattern structure to determine if we see a triple top or double top for the trads
Bitcoin Soars to New Heights! Trump Administration Considers Elevated Federal Role for Cryptocurrency Bitcoin has soared since President Trump's election, and recent developments suggest that his administration may elevate the cryptocurrency industry to unprecedented heights. According to a Bloomberg report on November 20th, President Trump's team is considering establishing a dedicated cryptocurrency policy position within the White House and is vetting candidates for this role. This week, Trump's team has consulted multiple times with executives from the digital assets industry, discussing a role that would lead a small team to liaise between Congress, the White House, and various cryptocurrency regulatory bodies. Sources indicate that it is still unclear whether this senior position, re
Bitcoin going to $100k! Let's go to the moon! Congrats to all who believed and cash out to enjoy life.
Bitcoin going to $100k! Let's go! #MSTR position going well. $TSLA also good. #BTC ETF and mining stocks making good progress. "Value investing" bye bye.
My Quick Comments on NVDA earnings,BTC ETFs and Fed Path
NVIDIA Reported after the bell this morning All eyes were on $NVIDIA Corp(NVDA)$ that reported quarterly results after the close of the US market today. The company reported quarterly earnings of $0.81 per share which beat analyst’s consensus estimates of $0.75 by 8 percent. Quarterly sales were $35.1 billion which also beat analyst’s consensus estimates of $33.125 billion. This represents a 94 percent increase in sales above $18.120 billion for the same period last year. For the next quarter, Nvidia projects $37.5 billion in revenue at the midpoint. That compares with the $37.1 billion FactSet consensus but obviously was not high enough for some lofty expectations by some. Nvidia shares slipped 1.5% in afterhours trading having closed down 0.8% a
$Bitwise 10 Crypto Index Fund(BITW)$$Grayscale Bitcoin Mini Trust(BTC)$ B͛U͛L͛L͛I͛S͛H͛ 📈📊📈 $BITW: Pattern Analysis Points Up I͛N͛T͛O͛ 2͛0͛2͛5͛! 📈📊📈 Kia ora Tiger traders! $BITW (22Nov24, 🇳🇿 NZ Time) is trading at $58.36, and the chart suggests a gradual move towards the $140 target zone over the coming months, likely extending into early to mid-2025. The pattern analysis indicates a steady build-up in momentum, aligning with longer-term breakout dynamics. Patience maybe 🔑 as this trend develops! $BTC Bitcoin reached 99,555! We are so close to a $100,000 Bitcoin 💥 There hasn't been a great deal of consolidation since November 6th breaking out of the previous ATH. ....Cautious of the
Bitcoin hits a new high of $97,000. In addition to popular crypto-related stocks, Singapore tigers can start trading IBIT options tonight. Many have already profited significantly.If you’re hesitant to buy the stock at its peak, could chasing the rally with options be a better choice?IBIT have made a remarkable entrance into the market.Within the first hour of trading on Nasdaq, a staggering 73,000 contracts were exchanged. It’s ranked among the top 20 most actively traded non-index options on day one.Data shows that a total nominal exposure nearing $1.9 billion and 354,000 contracts traded. Of these, call options accounted for 289,000 contracts, while put options totaled 65,000 contracts, resulting in a call-to-put ratio of an impressive 4.4:1.What can IBIT options offer to you&
How I’m Positioning Bitcoin in Response to the Launch of IBIT Options Trading
The cryptocurrency market has taken another significant step toward mainstream adoption with the launch of options on $iShares Bitcoin Trust(IBIT)$. On its debut, IBIT options traded an impressive 73,000 contracts in the first hour, making it one of the top 20 most active non-index options on the Nasdaq. This development is a clear indication of growing institutional and retail interest in Bitcoin-related financial products. For a trader and investor like me, this milestone opens up new opportunities to manage risk, enhance returns, and diversify strategies in Bitcoin-focused portfolios. This is how I’m analysing IBIT options trading, the implications for Bitcoin liquidity, and how I’m integrating this new tool into my portfolio strategy. 1. What
$NVIDIA Corp(NVDA)$ was down nearly 5% after hours, then pulled back to basically pull back and stabilize around -2% afterward.This performance is also very much in line with expectations, and there are a couple of ways to look at the narrative so far:Q3 earnings beat sellers by 2B, well within buyers' expectations, but Q4 guidance didn't come in at 38-39B; sellers expected 37B for Q4 and actually guided for 37B, while buyers were a bit higher.So a 5% drop first is sort of profit taking feedback;Subsequently pulled back may also be some Rush-in funds are still not the overall trend is very good, and Jensen in the conference call also did not while on the Blackwell next year whether the exact completion of the capacity to climb the problem, the mai