Recent Trends and Future Predictions for Bitcoin Against USD

Recent Trends and Future Predictions for Bitcoin Against USD

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『Join Everything Trading Today for FREE! 😱 Subscribe Now at https://everythingtrading.com 』 Dive into the dynamic realm of financial markets with our expert speaker, Daniel Ang, by joining Everything Trading Daily Market Movements. Gain exclusive insights and stay ahead of market trends. --------------------------------------------------------------------------------------------------------- ▶️Short-Term BTC/USD Outlook - December 20, 2023 ◀️ BTC/USD caught some wind and rose to $43,445 in Asia yesterday only to see a pushback by New York based traders towards $41,800. Since registering the year’s high at $44,715 over the weekend, BTC/USD has been ranging between $40,200 to $43,500. The Fed’s signaling of a pivot in 2024 is supportive of risky assets, including digital assets. Of course, sometimes now, talks of imminent approvals by the U.S. Security Exchange Exchange (SEC) and next year halving event in BTC are underpinning digital asset market. Technically, there is a possibility we may see lower prices ahead – at least in the near-term. This could be part of a developing corrective pattern from the year’s high of $44,715 although the dominant trend remains very much bullish. A re-test of $40,200 is a distinct possibility. 🔍 Stay Ahead of the Curve Don't miss out on critical market movements. Subscribe to our updates for the latest insights and analyses in the crypto market. Join our community of savvy traders and investors who are always a step ahead. 🚀 Join Us Today Dive into the dynamic world of digital assets with expert guidance. Follow us for continuous updates, expert opinions, and real-time analysis. Your journey to smarter trading starts here!