Cointweets
#Bitcoin Head & Shoulders Pattern Hits Perfectly, $250k Next? 🚀 My previous BTC$BTC chart showed a perfect Head & Shoulders pattern. The right shoulder formed exactly as expected, and now #btc is at $84,000, a new ATH. With resistance broken, the next target could be $250k. Do you think $250k is... Bullish
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When US Treasury yields rise, it signals that investors are demanding higher returns on these fixed-income securities. Essentially, this indicates that holders anticipate either rising inflation or an increase in government spending, both of which dilute the value of Treasury holdings. In any case, the uptick in yields reflects reduced confidence in the US fiscal position.
Some investors contend that... Bullish
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🌟 The King Doesn’t Stop! 🌟
$BTC has smashed another all-time high at $106,000, driven by:
🪙 Institutional investments (Microstrategy bought even more Bitcoins)
🪙 President-elect Trump's proposal for a U.S. Bitcoin Reserve
🪙 Favorable accounting and regulatory changes
While the outlook remains positive, challenges still lie ahead....
Massive Moves in ETFs!
On Dec. 16, Investors scooped up 12,910 ETH$ETH and 6,100 BTC$BTC through ETFs.
💰 Ethereum ETFs: $51.1M net inflows.
💰 Bitcoin ETFs: A whopping $637.5M net inflows.
fortune.com/2024/10/16/tesla-moves-765-million-in-bitcoin-to-unknown-wallets-putting-musks-crypto-plans-in-the-spotlight/?utm_medium=social&xid=soc_socialflow_facebook_FORTUNE&utm_source=facebook.com&utm_campaign=fortunemagazine&fbclid=IwY2xjawGBIBNleHRuA2FlbQIxMQABHcA4NI0MP0lfeYdP_Fj97UXg4xD8dTJa65yu5BfMYfw9PjopNrlGbhVu-w_aem__uA2MmLMiVjQDnmNdhNggQ#h34etpz60tm Bullish
$btc https://fortune.com/2024/10/16/tesla-moves-765-mil... test... Bullish
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Bitcoin Dada educates African women about how to invest in and use Bitcoin. Many women in Africa live in patriarchal societies in which women aren’t permitted to own property. Bitcoin helps them subvert such rules, allowing them to save in the hardest asset ever known to humanity, with few being the wiser. Bullish
$ETH Bernstein analysts led by Gautam Chhugani wrote Monday the election will have a “short term impact on crypto sentiment” and on the price of the dominant cryptocurrency bitcoin, which sits at about {@id:0@},000, down from last week’s seven-month high of more than {@id:0@},000.
Bitcoin can rise to {@id:0@},000 to {@id:0@},000 over the next two months if... Bullish
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$ETH Background
Before bitcoin, several digital cash technologies were released, starting with David Chaum's ecash in the 1980s.[11] The idea that solutions to computational puzzles could have some value was first proposed by cryptographers Cynthia Dwork and Moni Naor in 1992.[11] The concept was independently rediscovered by Adam Back who developed Hashcash, a proof-of-work scheme for spam... Bullish
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