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- 💎 Your Premium Cryptocurrency Insight! (01 Jan 2025)
💎 Your Premium Cryptocurrency Insight! (01 Jan 2025)
Is 2025 The Year of The Crypto? 🚀 PLUS: Clash of the Titans - Ethereum Co-Founder vs. Elon Musk! ⚔️
Hello and welcome back to . . .
BULL MARKET BYTES
Your byte of cryptocurrency insight where we welcome 2025 and embrace our New Year’s resolutions!
New Year, New Me! 😂
📊 CRYPTOCURRENCY ANALYSIS
📌 BULL MARKET BULLETIN
Statistics as of: 01 Jan 2025 @ 9:55am EST
WELCOME TO 2025 - THE YEAR OF THE CRYPTO!
Maybe - we will see what happens . . .
Why is this year so important?
Cryptocurrency investors are seeing if the major events below are going to give their portfolio the boost it needs!
President Elect Trump Takes Office
SEC Gary Gensler is Being Replaced
United States May Add Bitcoin to their Treasury
I don’t know about you . . . but I am grabbing the popcorn and looking forward to seeing how all of this plays out!
Now, before we dive into all of the fun that is analytics . . .
🚨 (Alarm sounds)
Please standby for a word from today’s sponsor!
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VaultCraft launches V2 in partnership with Safe, lands $100M+ in Bitcoin
Matrixport entrusts VaultCraft with $100M+ Bitcoin
OKX Web3 rolls out Safe Smart Vaults with $250K+ rewards
Thank you to VaultCraft for sponsoring today’s newsletter! 🙏
. . . Invest wisely, not financial advice!
MARKET OVERVIEW (7-DAY)
Source: Weekly Top Gainers by TradingView
Source: Weekly Top Losers by TradingView
BITCOIN’S TECHNICAL ANALYSIS
Major spikes in Bitcoin’s price occur every 4 years - starting with 2013, 2017, 2021, and hopefully 2025!
I know that it is a bold statement especially since Bitcoin isn’t at the all-time high - but bear with us for a moment.
Starting with Bitcoin’s daily candlestick chart.
In our last newsletter, we stated that breaking $92,000 would continue the “bear flag formation”.
Even though we pushed back up from below $92,000 - we are still holding that formation and need to break $100,000 to be in bullish territory!
Source: TradingView (01 Jan 2025) Bearish Projection
Our primary variable for 2025 is the change in the Presidential seat, as we are seeing the first “pro-crypto” US president.
That alone can fuel Bitcoin to break through $100,000 - but as it currently stands, we are in a bearish formation.
With this formation, a further break below $92,000 may result in finding $80,000 - $85,000 as that next support line.
🧠 Keep in Mind! Even though the chart is bearish, Bitcoin moves quickly under the right circumstances!
WHAT TO ANTICIPATE
All investors have their eye on the 20th of January!
And we mean all investors, not just cryptocurrency.
President-Elect Trump’s Inauguration may prove to be bullish - similar to the day that he won the election.
This is not a political stance; this is just anticipation from what we previously saw.
Regarding Bitcoin’s movement, as we stated in our previous newsletter . . .
If We Break $92,000 - Our “bearish projection” above will push the price down towards support at $80,000 - $85,000.
Even if we break support—then in our opinion—it is just a detour to Bitcoin’s all-time high.
The 2025 bull run is something that we still anticipate . . .
We DO NOT BELIEVE that Bitcoin’s historic bull run has occurred yet, 2024 was just a teaser to what is to come!
A further break-down in Bitcoin’s price signals to us that the market is continuing to pullback.
However, we cannot ignore the fact that we are still consolidating around the all-time high!
Because of this, a movement to $140,000 to $160,000 has high potential of occurring.
🧠 Don’t Forget! We have been waiting for 2025 since the last bull market run! We are anticipating a replay of 2021 - but fiercer!
BULL MARKET BULLETIN 📌
2025 May Prove to be Massive for Bitcoin! As we move into 2025, there are high hopes for Bitcoin and cryptocurrency overall! With President Elect Trump taking office, we know that the SEC is changing from Gary Gensler, and that Trump is pro-crypto (a combination that may prove to be the fuel we need for the rocket. Projections are going as far as saying that Bitcoin will reach $200,000 and 3 new countries will add it to their treasury 🤯 . . . but we won’t know until it happens.
Ethereum Co-Founder Goes to War with Elon Musk! It seems there is a new person each week that does not agree with Elon and how he handles business. For this week, we find that Vitalik Buterin (Ethereum Co-Founder) is the fighter in the right. In a post by Buterin - he states that he admires Musk’s willingness to fight for freedom of speech but needs to “turn down the temperature”. Musk’s response? Well, that is rated “R”. 😅
MicroStrategy Shares Slide After Major Bitcoin Purchase. Michael Saylor is either digging a massive hole for his company or he is the genius that MicroStrategy investors have been waiting for. Since the 31st of October, MicroStrategy has bought Bitcoin weekly, adding an additional 194,180 to its holdings - $18.2 billion at today’s value! 👀 However, using leverage to buy all of this Bitcoin has investors on the edge of their seats . . .
DID WE HIT THE BULLSEYE? |