{"id":32119,"date":"2024-12-30T15:30:33","date_gmt":"2024-12-30T15:30:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=32119"},"modified":"2024-12-30T15:30:33","modified_gmt":"2024-12-30T15:30:33","slug":"bitcoin-is-looking-like-a-stronger-buy-everyday-when-will-crypto-crash-end","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=32119","title":{"rendered":"Bitcoin Is Looking Like a Stronger Buy Everyday: When Will Crypto Crash End?"},"content":{"rendered":"

2024 is ending with a massive crypto crash and Bitcoin (BTC) losing its grip, falling back after a post-Trump-election<\/a> rush. The air\u2019s gone thinner, and the market drifts, strung between uncertainty and anticipation for 2025.<\/p>\n

Some analysts argue that Trump doesn\u2019t matter. Now that Blackrock and all the other investment firms have Bitcoin ETFs, they will try to pump Bitcoin for all it\u2019s worth.<\/p>\n

How true is this, and when will this crypto crash end?<\/p>\n

Trump\u2019s Boost Causes New Crypto Crash<\/h2>\n

Bitcoin <\/p>\n

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, still king of the crypto hill, sits at $92,700\u2014down $15,000 from its December highs. A 120% yearly gain keeps the numbers shiny, but the recent drop has cooled the election-fueled frenzy.<\/p>\n

Meanwhile, smaller players like Ether ($ETH) and Dogecoin<\/a> ($DOGE) are stuck in neutral, failing to generate excitement. 99Bitcoin\u2019s analysts point to shifting macroeconomic winds, with whispers of Fed rate cuts putting a drag on momentum.<\/p>\n

(CoinGecko<\/a>)<\/p>\n

President-elect Donald Trump has promised to bring a pro-crypto playbook to Washington, pushing ideas like softer rules and a national Bitcoin reserve<\/a>. Compare that to Biden\u2019s hawkish approach, and it\u2019s clear the sector\u2019s fortunes have swung wildly between the two administrations.<\/p>\n

However, the initial euphoria surrounding Trump\u2019s victory has waned as traders await more concrete measures after his inauguration on\u00a0January 20, 2025. According to Chris Weston, head of research at Pepperstone Group, Bitcoin\u2019s post-election momentum has slowed, noting that\u00a0outflows from Bitcoin-focused exchange-traded funds (ETFs)\u00a0suggest a cooling in speculative activity.<\/p>\n

EXPLORE:\u00a0<\/span>Buying and Using Bitcoin Anonymously \/ Without ID<\/span><\/a><\/strong><\/p>\n

MicroStrategy\u2019s Bitcoin Buying Spree<\/h2>\n

MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% QTD and 74.1% YTD. As of 12\/29\/2024, we hodl 446,400 $BTC<\/a> acquired for ~$27.9 billion at ~$62,428 per bitcoin. $MSTR<\/a> https:\/\/t.co\/58aXM7g6u2<\/a><\/p>\n

\u2014 Michael Saylor (@saylor) December 30, 2024<\/a><\/p>\n\n

Once a conventional software business, MicroStrategy Inc. has become Bitcoin\u2019s institutional bulldozer. Between December 23 and 29, it snapped up 2,138 tokens, bringing its total haul to more than $40 billion.<\/p>\n

Falling prices since December\u2019s highs haven\u2019t spooked the company\u2014it\u2019s doubling down. MicroStrategy aims to raise $42 billion via stock sales and debt offerings over the next three years, blitzing past two-thirds of that target in just two months. Their message is clear: they\u2019re all in.<\/p>\n

\u201cMicroStrategy\u2019s focus on Bitcoin continues to be a proxy strategy for institutional investors looking for exposure to the asset,\u201d noted analysts.<\/p>\n

While institutional players like MicroStrategy remain bullish, broader market sentiment is less certain. Hedge funds have been using strategies like\u00a0convertible arbitrage\u00a0to capitalize on MicroStrategy\u2019s stock and bond volatility, reflecting a cautious but opportunistic outlook.<\/p>\n

Additionally, as 2024 draws to close, crypto whales have been making significant moves, as seen with large inflows<\/a> into centralized exchanges.<\/p>\n

EXPLORE:\u00a0Biggest Meme Coin Of 2024! The Year\u2019s Biggest Winners In Review<\/a><\/strong><\/p>\n

What to Expect in 2025 After This Crypto Crash<\/h2>\n

There\u2019s no law rhyme or reason for Bitcoin going up. The world has never seen anything like it. There\u2019s no predicting it. If you try, you will most likely fail. It could easily go to $200,000 next year or $50,000 or both. It doesn\u2019t matter. It\u2019s something brand new outside of the current system.<\/p>\n

These are the facts today:<\/p>\n

There\u2019s an extremely limited amount of cheap digital gold sitting around.
\nAn extremely large amount of extra fiat, real estate, gold can be sold.
\nEveryone tries to predict the other\u2019s move and not buy too soon or too late.
\nThere\u2019s a huge advantage to being right and moving first
\nThere\u2019s a huge disadvantage to being wrong and moving last<\/p>\n

This dynamic is not stable. It\u2019s unpredictable.<\/p>\n

And as companies like MicroStrategy are proving, Bitcoin is not just a nice idea or an identity. Bitcoiners dedicate their lives to conquering big government and fighting for revolutionary free money. You can fight Bitcoin, but you can\u2019t stop it.<\/p>\n

EXPLORE:\u00a0<\/span>Ukraine deems Bitcoin illegal, Coinbase fights for new $50 million\u00a0<\/span>founding<\/span>\u00a0round and more<\/span><\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/p>\n

The post Bitcoin Is Looking Like a Stronger Buy Everyday: When Will Crypto Crash End?<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

2024 is ending with a massive crypto crash and Bitcoin (BTC) losing its grip, falling back after a post-Trump-election rush. The air\u2019s gone thinner, and the market drifts, strung between uncertainty and anticipation for 2025. Some analysts argue that Trump doesn\u2019t matter. Now that Blackrock and all the other investment firms have Bitcoin ETFs, they […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-32119","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32119"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32119"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32119\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}