Muneeb_Trader786

$BTC Bitcoin investors have reaped high returns but have also experienced several significant pullbacks. The approximately 30% decline since early October is consistent with historical averages, marking the ninth significant retracement in this bull market.
Grayscale Research believes that Bitcoin will not enter a deep and prolonged cyclical correction, and prices are expected to hit a new historical high next year. From a tactical perspective, some indicators point to a short-term bottom, but overall trends remain divergent. Potential positive catalysts before the end of the year include another interest rate cut by the Federal Reserve and the advancement of cryptocurrency-related legislation.
Aside from mainstream cryptocurrencies, privacy-focused crypto assets have performed exceptionally well; meanwhile, the first exchange-traded products (ETP) for Ripple and Dogecoin have begun trading.
Historically, investing in Bitcoin has often yielded substantial returns, with annualized returns of 35%-75% over the past 3-5 years. However, Bitcoin has also experienced multiple significant pullbacks: its price typically sees at least 3 declines of over 10% each year. Like all other assets, Bitcoin's potential investment returns can be viewed as compensation for its risks. Long-term holders (HODLers) of Bitcoin have reaped substantial rewards, but in the process, they also need to endure sometimes severe pullback pressures.
$BTC
Gold fell to $4210 per ounce on Tuesday as investors took profits after prices reached a six week peak on Monday. Traders currently assigned an 88% probability to a 25bps reduction at Fed's upcoming meeting reinforced by weak US economic data.Spot gold is 0 2% lower at $4223.40/oz
Today Volume of Gold in Open market is 1E88T, previous Open and Close is 4231.75 Usdt and day range is 4191.85-4236.02 USD.