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Bitcoin Price Analysis: BTC Near $40K; Will it Show Correction?
1 Bitcoin price prediction for December suggests that the BTC rally will sustain above $40K.2 BTC price is in a strong uptrend and there is no sign of weakness, yet.3 Cryptocurrency market leader BTC is trading near its May 2022 High.
Bitcoin price prediction is that a bull run has begun and significant rise in the price may be visible in coming months. BTC crypto is forming a strong bullish continuation pattern.
The buyers continue to dominate on the the support levels. A minor sell off is imminent. However, investor confidence is clearly high for Bitcoin.
In November, BTC price consolidated for a few days in the range between $35,600 to $38,000. This consolidation can be interpreted as short term base formation during which selling pressure was absorbed.
Slowly and steadily, BTC crypto continued to rise and succeeded to take control in the $38K supply zone. In the beginning, buyers finally succeeded to break the $38K barrier and pushed the price toward 39,000.
The 50 day and 200 day EMAs is sloping upwards, but the price is trading far away from the EMA. So, a short term retracement to the 50 day EMA is expected in the coming months. However, as of now BTC price action does not show any sign of weakness.
Bitcoin Price Near $40K; What Might be the Next Move?

Source: BTC/USDT daily chart by Tradingview
Bitcoin price rose 4% in just three trading sessions in December and sustained above $39,000. It shows that the aggressive buyers are getting active and preparing to break the $40K barrier.
If they succeed, then BTC price might display a sharp rise which will attract the new participants in the market. However, if the BTC crypto price faces rejection at the $40,000 level, then a minor correction is likely.
On the downside, the $38,000 and $36,000 range will act as a demand zone for the bulls. The analysis suggests that this crypto is in an uptrend, so investors and traders should loook to buy on dip opportunities.
BTC Price is in the Initial Phase of Bull Run
Track all markets on TradingView
BTC price is in the initial phase of a bull run and is forming bullish chart pattern on multiple time frames. In the last two months, Bitcoin price had rallied 40% approx which shows the strength of the bulls.
The price action suggests the rally might continue in December and a new swing high may be visible. However, if the price shows a correction, then theh downside looks limited to $35,600. So, it’s better to play bullish bets in BTC and participate in the bull run.
Conclusion
Bitcoin price prediction suggests a rise and that the $40,000 will be broken in December 2023. The chart pattern of BTC crypto is bullish on multiple time frames so more upward momentum is possible. Per the analysis, the probability of correction in BTC price is low. However, if it is triggered, then $35,600 will act as a strong support.
Technical levels
Resistance levels: $40,050 and $42,987Support levels: $35,603 and $34,001
$BTC #BTC
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Binance Market Update (2023-12-03)
The global cryptocurrency market cap now stands at $1.46T, up by 0.63% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $38,703 and $39,717 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $39,428, up by 1.71%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ORDI, GFT, and SUPER, up by 37%, 27%, and 27%, respectively.

Top stories of the day:

Bitcoin Nearing $40K – Traders Eye Returning to Record Highs 

Institutional Investors Drive Largest Weekly Inflows into Crypto Asset Funds Since Late 2021 

Hacker Transfers 600 ETH from Shen Bo's Wallet to Tornado Cash 

UK Parliament Panel Urges Bank of England to Proceed with Caution on Digital Pound 

Bitcoin Miner Revenue Increases Over 30% in November

Market movers:

ETH: $2162.8 (+2.83%)

BNB: $228.6 (-0.04%)

XRP: $0.6196 (+0.85%)

SOL: $63.61 (+2.15%)

ADA: $0.3952 (+1.59%)

DOGE: $0.08509 (+1.06%)

TRX: $0.10312 (+0.11%)

LINK: $16.057 (+2.10%)

AVAX: $22.08 (-0.09%)

MATIC: $0.8128 (+0.63%)

Top gainers on Binance:

ORDI/USDT (+37%)

GFT/USDT (+27%)

SUPER/USDT (+27%)
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Bankrupt FTX has recovered $7.3 billion in assets and is considering relaunching the exchange in Q2
#FTX #Binance #FTXUpdate
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Binance Market Update (2023-12-02)
The global cryptocurrency market cap now stands at $1.45T, up by 2.32% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $38,219 and $38,999 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $38,767, up by 0.43%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ALCX, VANRY, and GFT, up by 48%, 41%, and 19%, respectively.

Top stories of the day:

Bitcoin's 2023 Surge: Factors Influencing Price Movements and Potential Spot BTC ETF Approval 

Hashdex Submits 19b-4 Amendment to SEC for Spot Bitcoin ETF Proposal 

Inactive Margin Protocol Fulcrum Hacked, Losing Over 99 ETH 

Kyber Network To Compensate Users For $48.8 Million Loss In KyberSwap Elastic Incident 

UK Lawmakers Urge Caution on Development of Digital Pound

Market movers:

ETH: $2103.66 (+0.23%)

BNB: $228.8 (-0.22%)

XRP: $0.6143 (+0.26%)

SOL: $62.28 (+1.71%)

ADA: $0.389 (+2.02%)

DOGE: $0.0842 (+0.06%)

TRX: $0.10301 (-0.81%)

LINK: $15.727 (+6.58%)

AVAX: $22.11 (-1.34%)

MATIC: $0.8077 (+3.43%)

Top gainers on Binance:

ALCX/USDT (+48%)

VANRY/USDT (+41%)

GFT/USDT (+19%)
🏦How to get free USDT💰: Binance Spot Special: Limited Time Deal 🚀 🚧Hey Binancians, Exciting news! Binance Spot has a deal for you – trade $50 and snag a slice of 5,000 USDT in token vouchers. Act fast, as only the first 1,000 eligible users can grab this exclusive offer. 👉Promo Highlights: - Promo Period: 2023-10-23 12:00 (UTC) - 2023-11-06 11:59 (UTC) - Who's In: Verified newbies and existing regular and VIP 1-3 users who've been away from Binance Spot for the last 90 days. 👉How to Get In: 1. Hit "Join Now" on the promo page. 2. Clock a total trading volume of at least $50 equivalent on Binance Spot during the Promo Period. 👉Important Stuff: - Specified pairs count toward the requirement. - Promo availability depends on your location and regulations. - Rewards land in your account within 14 working days post-Promo Period. - Redeem those token voucher rewards at Profile > Rewards Hub. 👉Don't let this chance slip – trade on Binance Spot and claim your rewards pronto! 🌐💰 🛑Appreciate creator by clicking on the tip button for more quality and profitable work to be continue. #BTC
🏦How to get free USDT💰: Binance Spot Special: Limited Time Deal 🚀

🚧Hey Binancians,

Exciting news! Binance Spot has a deal for you – trade $50 and snag a slice of 5,000 USDT in token vouchers. Act fast, as only the first 1,000 eligible users can grab this exclusive offer.

👉Promo Highlights:
- Promo Period: 2023-10-23 12:00 (UTC) - 2023-11-06 11:59 (UTC)
- Who's In: Verified newbies and existing regular and VIP 1-3 users who've been away from Binance Spot for the last 90 days.

👉How to Get In:
1. Hit "Join Now" on the promo page.
2. Clock a total trading volume of at least $50 equivalent on Binance Spot during the Promo Period.

👉Important Stuff:
- Specified pairs count toward the requirement.
- Promo availability depends on your location and regulations.
- Rewards land in your account within 14 working days post-Promo Period.
- Redeem those token voucher rewards at Profile > Rewards Hub.

👉Don't let this chance slip – trade on Binance Spot and claim your rewards pronto! 🌐💰

🛑Appreciate creator by clicking on the tip button for more quality and profitable work to be continue.

#BTC
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The judge in Elon Musk's X lawsuit against Media Matters has dropped out and a conservative judge is assigned to the lawsuit.
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🚀 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺'𝘀 𝗦𝗸𝘆𝗿𝗼𝗰𝗸𝗲𝘁𝗶𝗻𝗴 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹: 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝘀 $𝟮𝟴,𝟬𝟬𝟬 𝗣𝗲𝗮𝗸 𝘄𝗶𝘁𝗵 𝗕𝗹𝗮𝗰𝗸𝗿𝗼𝗰𝗸'𝘀 𝗘𝗧𝗙 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹! 🚀

🌐 Cryptocurrency enthusiasts are buzzing with anticipation as analyst Aaron Arnold unveils bold predictions for Ethereum's future. According to Arnold, the much-anticipated approval of Blackrock's Ethereum ETF could be the catalyst for a meteoric rise in the digital asset's value.

📈 Drawing parallels with previous bullish cycles, Arnold suggests that Ethereum has the potential to peak at an astonishing $28,000. While some optimists foresee a staggering $42,000 surge, Arnold cautions that diminishing returns may temper the ascent, signaling a potential shift in the crypto landscape.

🔮 Arnold emphasizes the pivotal role of Blackrock's ETF approval, anticipating it to be a demand shock that triggers a substantial increase in Ethereum's prices. The prospect of Blackrock, a financial giant, entering the crypto space could unlock significant capital inflow, driven by the assets under the firm's management.

🚨 Despite the optimism, crypto experts remain guarded in their predictions, citing Ethereum's performance in the last cycle as a reason for caution. The market's response to previous cycles has analysts treading carefully, yet Arnold remains bullish on the potential impact of the ETF approval.

📊 At present, Ethereum is valued at $2058, exhibiting a 0.41% increase in the last hour according to CoinMarketCap. As the crypto community eagerly awaits the outcome of Blackrock's Ethereum ETF filing, all eyes are on Ethereum's trajectory, poised for potential fireworks in the volatile crypto market.

💥 Stay tuned for updates as Ethereum's journey unfolds, and the crypto world awaits the verdict on Blackrock's game-changing ETF approval! 🚀

NFA DYOR 🤝

$ETH #ETH #BullRun #etf
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YOU WILL LOSE A LOT OF MONEY. THOSE WHO CANNOT SEE THE DISASTER WILL BE DESTROYED. DO NOT PLAY THIS GAME. THIS IS A BIG GAME. THOSE WHO FALL INTO THIS GAME WILL NEVER GET THEIR MONEY AGAIN.

There are very dangerous developments and game changes in this chart that I will explain on a daily basis. Yes Lunch. This is the daily chart of Lun.

There was a USTC-LUNC ecosystem that crashed due to lack of volume for months. So why did it move? Let me state it very clearly. It proceeds entirely through manipulation. For those who do not know the history, things changed when a collapsed coin continued its life as Lunc. Be sure to review its history before investing.

Lunc has a fraudulent owner. His name is Do Kwon. He was wanted because he caused 100 billion dollars of damage to the Luna ecosystem. He could not be found for 8 months and fled to the country of Montenegro. When Serbian sources announced that he was there, he tried to go to Dubai with a fake passport and fake ID and was caught. He has been in prison for 4-5 months.

Do Kwon entrusted Luncu to a community. With this community, Lunc was emptied of itself. No one has Lunc left. Money was constantly stolen from him. Ustc was Luncu's stable coin. The room collapsed. It's not an exaggeration when I say it was destroyed. The coin, which was 1 dollar, dropped to 0.000001 or so. To that degree.

Now let me tell you what those who do not listen to me will experience if they enter here. Below you see the meaningless increase. This is a pure whistle blowing operation. They will return to the same place and put money in their pockets again. The number 1 support area is where it has been for many months. Line number 2 was the support that started the rise. Support number 2 will be tried first. Then he will return to number 1 after taking everyone's money. You will see. I will be proven right. I will remind you of this article.

My only request from you is to leave your likes. All free. Don't spare your free support. If there are my brothers who still haven't followed me, I would be grateful if they did.
Kind regards. #BitcoinDunyamiz
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Chart Analysis of $BTC

Pair: #BTC/USD

BTC completed the re-accumulation phase on weekly timeframe after Binance CZ Issues.

Its a sign of bull Market 🎉

#hodl #BTC #crypto2023
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No matter how bleak the market is, don’t forget to invest at the bottom.

Buy when no one cares, sell when there is a lot of people, this is the eternal truth.

No matter what price you enter the market, if the price is lower than your expectation, start making fixed investments. Don’t sell when the price continues to fall. Don’t feel that you are short and chase after the price rises. Start buying at low prices now. This is fixed investment. Buy the dip.

Before the main rise of the bull market comes, and before the pie reaches 100,000 dollars, everything is the bottom.

Are you worried that the price will never rise again? So do you think the Fed’s water release will stop? Will the halving of the pie and the destruction of ether disappear? Will the spot ETFs of Big Pie and Ether not pass? Don't let the current panic control you, you can always believe in the big pie and this market.
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🚨🚨🚨🚨 BITCOIN EMERGENCY UPDATE 🚨🚨🚨

👉BTC HOLDING Trendine SUPPORT VERY Well as You can See By White line in CHART

🎁Now What Next:

👉1-Currently Btc Facing Resistance of 37450$-37550$ BULLS Need To Breakout this Resistance With Heavy Volume and Successful Retest it

☝️THEN New HIGH in Bitcoin Loading:

Next TARGETS

37700$✅
38000$✅✅
38300$✅✅✅
38600$✅✅✅✅
38900$✅✅✅✅✅

Remember: Weekly Closing OF Bitcoin Bullish 📈📈
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Binance Launches WBETH Zero Maker Fee Promotion (2023-11-23)
Fellow Binancians,
Binance will introduce zero maker fee trading for WBETH/ETH and WBETH/USDT spot trading pairs at 2023-11-23 03:00 (UTC).
Promotion Period: 2023-11-23 03:00 (UTC) until 2023-12-22 03:00 (UTC)
All users will enjoy zero maker fees on the WBETH/ETH and WBETH/USDT spot trading pairs.
Trade WBETH on Binance Spot Now!
Notes:
Standard trading fees apply after the promotion ends. Please refer to the spot trading fee structure for details.Binance reserves the right to disqualify a user’s eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations, self dealing, or market manipulation).Please refer to Spot Trading Terms of Use for more details. Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Thanks for your support!
Binance Team
2023-11-21
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🚀 Exciting Airdrop Alert! 🚀🚀

🎁 Airdrop Event: WeaLTH eXchange (SWLTHX)💰 Reward: $200,000 USDT

⭐ Ratings: 🌟🌟🌟🌟

📢 About WeaLTH eXchange:

💎 Power up your crypto journey with $WLTHX tokens on the Binance Smart Chain. WeaLTH eXchange blends traditional finance with Web3 dynamics, earning accolades from Yahoo Finance, MarketWatch, Bloomberg, and Benzinga.

📝 Step-by-Step Guide:
🔺 Head to the WLTHX Airdrop Gleam page.
🔺 Complete all tasks.
🔺 Submit your BNB wallet address for rewards.

🎁 Reward Highlights:
👉 The Airdrop unlocks a generous 2,000 $WLTHX tokens for each participant.
👉 Act fast – limited to the first 10,000 enthusiasts. Total prize pool: $200,000.
First come, first served!

📢 Disclaimer:
This airdrop is absolutely free; never send cryptocurrency to receive airdrop tokens.
📮 We tirelessly research to bring you the latest airdrops.
Your generous tip empowers our mission. 🙏 🌐✨

#AirdropMadness #Airdrop🪂 #AirdropAlert
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🚨📉 Biggest Scam in the Crypto History 🚨📉

Do you know the biggest scam in cryptocurrency history?
If not, keep reading.

The biggest scam is the ONECOIN scam, a massive pyramid scheme that ran from 2014 to 2018. Founded in Belgium by Ruja Ingtova in 2014, the company promises high returns to users through its digital currency. After the project came, it went to many countries of the world, scamming people from Pakistan, England, Switzerland and more. In 2017, international authorities declared Onecoin to be a scam as it is not a cryptocurrency.
A total of US$4 billion defrauded, but lead actor Ruja has not been found and is now on the FBI's top ten fugitive list. being the only woman.

#WhaleAlert #BTC
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💫Participate in the Binance $1 Game and stand a chance to win $500! 🚧

🌟Recently highlighted this exciting Binance feature, where freezing $1 could lead to a $500 win or your $1 returned.
Acknowledging concerns from players who haven't won, remember, thousands participate, but only one emerges victorious.

🤝Boost your winning odds:
🌐 Invite friends to join Binance, earn 3–30 extra entries based on referrals, enhancing your chance to win.

🛑Important: 💸 Your $1 is refunded if you don't win – making it a risk-free game. Take a shot now!For past players, check if luck was on your side in the last session.

If my updates add value, consider supporting with a tip.

❤️ Let's dive into the game together! 🚀💰

#WhaleAlert #BTC #ETH #etf
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🚨🚨Free Airdrop Alert 🚨🚨

🎁 Airdrop Name: MEME Coin

😱 Total Reward: 50 BILLION MEME coins

📢 MEME Official Announcement: Have you secured your spot in the MEME COIN "OFFICIAL AIRDROP" presented by the MEME team? Act now to claim a piece of the "50 BILLION #MEME COINS AIRDROP," concluding on December 1, 2023, at 20:00 PM.

🚨 Disclaimer: The airdrop is entirely complimentary, and there's no need to send any cryptocurrency to receive airdrop tokens.

🎁 Remember: Our focus is solely on free Airdrops, where tokens are provided at no expense to you. Support our mission with a Generous Tip. ♥️

#Airdrop #AirdropMadness #airdropking
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🚨Free Airdrop Alert: MetaSecond_AI (USDT)

🔥 Prize Pool: 1000 USDT

🏆 Winners: 10 Random

📅 End Date: 15th December 2023

🚀 Distribution: 15th December 2023

ℹ️ Airdrop Details:
Airdrop Link: MetaSecond_AI Social Media Contest
🔘 Steps to Participate
Go To the Airdrop site
Complete more tasks
Submit all your details

🔹 Additional Information,10 random winners will share 1000 USDT
Please review all details on the Airdrop Page

📑 MetaSecond_AI Website
MetaSecond_AI

🔴 Note
Airdrop participation is 100% free; do not send any fees or payments for airdrop tokens. Simply join the airdrop for free.

#AirdropMadness #Airdrop🪂 #AirdropAlert
🤝Support by clicking on the tip button 👇
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🎁🎁Free Fresh Airdrop and NFTs🎁🎁

👉Free Fresh airdrop: Prometheum
👉Reward: 800 tokens
👉Rating:⭐⭐⭐⭐

👉Distribution date: December-For 1,250 randomly fortunate winners

👉Fresh airdrop: Warlords

👉Reward: 1 NFT

👉Distribution date: Post TGE-Complete all tasks of the airdrop

👉Fresh airdrop: Bolide (For IOS)
Reward: 1 NFT

👉Distribution date: December-Download APP & link wallet

⚠️Please recall: We are airdrop enthusiasts and solely engage in complimentary airdrops; remember, airdrop tokens are without charge.So, don't need to pay any amount to anybody.

💫Support us in the form of a tip for our research.
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