# SantaClausRally,WillTheRiseContinue?

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BTC price prediction: The direction for the leading cryptocurrency will be determined by these levels!
The daily chart shows that the Bitcoin price has reached the $105,000 target zone. Additionally, it indicates consolidation around this level. This consolidation has formed a rising expanding wedge pattern, which suggests strong volatility. The price also touched the 50-day SMA at around $94,600 before starting its uptrend. This retracement occurred within the support zone of the rising expanding wedge. A break above $108,000 could trigger the next upward movement, while
BTC1.12%
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#Gate.io Annual Report 2024 #Crypto Market Year-End Predictions #Santa Claus Rally, Will the Rise Continue?
**Current Crypto Market Trend: A Mixed Bag of Caution and Opportunity**
As of December 2024, the crypto market continues to show a mix of caution and opportunity. While Bitcoin (BTC) has stabilized around the $35,000 mark, showing strong resilience, altcoins are experiencing more volatile swings. Ethereum (ETH) has maintained its position above $2,000, with its ongoing transition to Ethereum 2.0 adding long-term bullish sentiment.
However, investor sentiment remains cautious due to glob
BAG-0.31%
BTC1.12%
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‎🟢 #XRP Liquidated Short: $95.2K at $2.185
‎🔴 #ME Liquidated Long: $55.5K at $4.069
‎🔴 #POPCAT Liquidated Long: $62K at $0.711
‎🔴 #ACT Liquidated Long: $94.7K at $0.282
‎🔴 #ENA Liquidated Long: $51.9K at $0.946
‎🟢 #SUI Liquidated Short: $61.5K at $4.277
‎🟢 #1000SHIB Liquidated Short: $53.2K at $0.0220
‎🔴 #ETH Liquidated Long: $1.44M at $3322.16
‎🔴 #BTC Liquidated Long: $418K at $94690.81
‎🔴 #AAVE Liquidated Long: $50.2K at $334.09
‎🔴 #APT Liquidated Long: $97.5K at $8.860
‎🔴 #USUAL Liquidated Long: $146K at $1.117
‎🔴 #WIF Liquidated Long: $54K at $1.799
‎🔴 #CRV Liquidated Long: $
XRP3.47%
ME7.74%
POPCAT11.96%
ACT0.38%
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AllOfThemvip:
Buy the Dip 🤑Buy the Dip 🤑Buy the Dip 🤑Buy the Dip 🤑WAGMI 💪
#TopContentChallenge
BTC price prediction: The direction for the leading cryptocurrency will be determined by these levels!
The daily chart shows that the Bitcoin price has reached the $105,000 target zone. Additionally, it indicates consolidation around this level. This consolidation has formed a rising expanding wedge pattern, which suggests strong volatility. The price also touched the 50-day SMA at around $94,600 before starting its uptrend. This retracement occurred within the support zone of the rising expanding wedge. A break above $108,000 could trigger the next upward movement, while
BTC1.12%
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WatcherGuruvip:
Buy the Dip 🤑
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