- BitcoinZella
- Posts
- Why Is the Crypto Market Up Today?
Why Is the Crypto Market Up Today?
The crypto market sees a surge amid optimism for regulatory reforms under President-elect Trump’s administration and favorable economic conditions.
Joe G & Money Talks
January 06, 2025 • Estimated Reading Time: 6 minutes
What we will talk about today...
Peter Brandt Warns Bitcoin Traders of Potential 50% Correction
Bitcoin and the White House: The Crypto Surge
Why Is the Crypto Market Up Today?
Market veteran Peter Brandt cautions Bitcoin traders about over-leverage and unrealistic expectations, predicting a possible 50% BTC correction.
I say this having witnessed markets for 50 years. Some will do great from here forward. But too many fools will get too leveraged, miss the top and get blown out in the next 50% correction in BTC, 90% correction in altcoins, 100% correction in memes
— Peter Brandt (@PeterLBrandt)
3:20 AM • Jan 6, 2025
Main Points:
Correction Warning: Brandt highlights risks of speculative trading and inadequate risk management.
50% Drop Projection: A potential downturn could see BTC fall to $49,800.
Diminishing Returns: Brandt notes Bitcoin’s decreasing bull cycle gains and challenges in outperforming other investments.
Detailed Insights:
Historic Growth: Bitcoin rose from $0.07 in 2010 to ~$98,000 in 2025, a 140,000,000% return.
Risk Management: Younger investors are unprepared for potential downturns, risking significant losses.
Altcoin Risks: Altcoins and meme tokens may face harsher corrections, dropping 90%–100%.
Mid-Term Outlook: Despite caution, Brandt is bullish on Bitcoin, predicting a BTC/Gold ratio of 89:1, potentially pushing Bitcoin to $234,000.
This X post will not wear well
Bitcoin $BTC bull cycles have exponentially degenerated in magnitude
$BTC is likely to remain a great hedge vs. fiat busts
But, the bloom is off the rose
Gen M & Zers who view $BTC as the road to financial glory are likely to be very dissappointed— Peter Brandt (@PeterLBrandt)
11:20 PM • Nov 30, 2024
It is now official. The Bitcoin/Gold ratio has now posted a new ATH. Next stop will be 89 to 1 -- it will require 89 ounces of Gold (purchased at a rip-off premium from Shifty-Schiff SchiffGold @PeterSchiff) to buy a single Bitcoin.
— Peter Brandt (@PeterLBrandt)
2:50 AM • Dec 16, 2024
WHAT WE RECOMMEND😉
To have an Invested Mind, we need Entertainment. Here are some Entertaining, Exciting, and Useful sites for You
|
|
Just Clicking The Subscribe Button Helps Us Continue
For Free Forever
Bitcoin and the White House: The Crypto Surge
As Bitcoin hits $100,000, the Trump administration's crypto policies shape a seismic shift in the financial landscape. Explore the entwined fortunes of crypto and politics.
Main Points:
Eric Trump's Bitcoin Support: Trump declared his administration as pro-crypto, igniting industry enthusiasm.
Bitcoin's Milestone: Bitcoin hit $100,000, spurred by policy shifts and mainstream acceptance.
Regulatory Power Shift: Industry seeks friendlier oversight by the Commodity Futures Trading Commission (CFTC).
Trump’s Financial Stake: Trump’s personal crypto ventures benefit from favorable policies.
Detailed Insights:
Crypto’s Political Entry: $130M in campaign spending cemented crypto’s political influence.
Bitcoin ETF Approval: Exchange-traded funds opened doors for institutional and retail investors.
Policy Shifts Underway: Reduced SEC power and eased lawsuits are industry priorities.
Mainstream Integration: Retirement funds may indirectly connect to Bitcoin performance.
Partisan Concerns: Despite bipartisan contributions, crypto's image leans Trump-centric.
Potential Risks: Greater exposure to mainstream finance ties everyone to Bitcoin's volatility.
₿itcoin reached $99,061. +1.28%
♢Ethereum reached $3,643. +0.81%
The crypto market sees a surge amid optimism for regulatory reforms under President-elect Trump’s administration and favorable economic conditions.
2025 is here and the Trump bull market is real. For Ripple, this is even more personal after Gensler's SEC effectively froze our business opportunities here at home for years. The optimism is obvious and very deserved.
Today:
✅75% of Ripple’s open roles are now US-based, while… x.com/i/web/status/1…— Brad Garlinghouse (@bgarlinghouse)
4:16 PM • Jan 5, 2025
Main Points:
Market Growth: Crypto market cap up 1.04% to $3.53 trillion; trading volume rises 5.8%.
Bitcoin Nears Milestone: BTC approaches $100,000, signaling renewed investor confidence.
Optimism in Policy: Anticipation of a pro-crypto stance from Trump’s administration fuels growth.
Macroeconomic Boost: Easing inflation and favorable CPI outlook support risk-on investments.
Technical Indicators: A bull flag pattern suggests potential for continued upward momentum.
Detailed Insights:
Pro-Crypto Policies Expected: Trump’s stance and industry optimism point to regulatory reforms.
Global Shift: Hive Digital relocates to the U.S., citing a friendlier crypto climate.
Market Sentiment: Anticipated CPI print on Jan. 15 could ignite further rallies.
Bullish Patterns: Crypto market cap's bull flag signals potential rise to $6.06 trillion.
Investor Confidence: ARK Invest’s Cathie Wood predicts Bitcoin could exceed $1M by 2030.
CAN YOU PREDICT THE PRICE?
Bitcoin Price Prediction for Tomorrow?🤔 |
HOW DID WE DO? 🤷
We read every comment submitted in this poll and love to hear what you guys have to say. 😁 (bonus points for suggestions 🍪) What did you think of today's Newsletter? Don't worry, you won't hurt our feelings... 🥲 |
Stay Tuned For More Twists and Turns in
🚀The Crypto World & Happy Investing🚀
This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results