A new week has started. Bitcoin has touched $100,000. The next 3 months will bring a lot of good results for Bitcoin, see the historical. A lot can happen in the crypto market in the month of January. Something big can be seen in Altcoins as well. We have to stay in this market.
Last year in the month of December, we saw buying in Bitcoin spot ETF. There was buying of almost $1 billion. The end of last year was very good for Bitcoin. If we look beyond the exchange, Bitcoin is not worth buying. A situation of panic is created to buy Bitcoin from the market. During this time, big whales enter.
Michael Saylor Bitcoin Buying Indicator?
https://x.com/saylor/status/1875296878973403340?t=B52cutBnZ9o5kPr_5vx0PA&s=19
This week is very important because Michael Saylor gave an indicator that he will buy Bitcoin by selling shares worth $2 billion. It is possible that Bitcoin starts moving upwards due to Michael Saylor purchase.
The logic of supply and demand
The supply of Bitcoin is almost negligible. The demand for Bitcoin is increasing. There is a simple logic that if the supply is less and the demand is more, the price of that asset will definitely increase. Same is happening with Bitcoin. Due to all these reasons, Bitcoin is going to see a sharp rise in the first 3 months.
Big statements!
Apart from this, big statements are coming. You will have to explain them. A statement has come from the CEO of Ripple that Trump’s victory is actually a bull run. Which is a positive statement.
Robert Kiyosaki says the price of Bitcoin can go from $175,000 to $350,000 by 2025.
The CEO of VanEck also says that the price of Bitcoin can go up to $300,000.
Fear & Greed Index
A positive atmosphere is being created everywhere. If we talk about fear and greed index, it is also running at extreme greed. It is also giving an indication that people are coming into Bitcoin.
Bitcoin Quarterly Return (℅)
If we look at the historical bitcoin data, after 2016 and after the bitcoin halving in 2017, all the quarters were green, it never happened that it was in red, in that the alt coin also did well. If we see the same thing in 2020, in 2021 not only one quarter was good, that was the second quarter, apart from this bitcoin did well in all the quarters. If the same thing is repeated after 2024 in 2025, then it is possible that all the quarters will be good. Along with this the alt market will also be seen doing well.
Bitcoin Chart
Right now Bitcoin may be stuck between $102,000. If it goes above this, it can go up to $110,000. Earlier Bitcoin had already gone up to $108,000. If we look at the market, buying is happening. But there is no Bitcoin inside the market.