BITCOIN GLOBAL

in blurt •  yesterday 

#REVIEW BITCOIN GLOBAL

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First of all, I hope you are okay after this rapid correction!

Every bull market there's a series of fast pullbacks that liquidate overleveraged traders.

What to do now? Chill for some days, wait for the dump to end.

Knifecatching is super risky, as no one really knows where this correction ends.

It might be now, it might be $90k, it might be $77k CME gap closure, the difference is huge!

I think that $BTC may easily go back to $85k level, this was the last support before the pump to 6 digits.

A healthy range around $90k would be great for the market!

No positions just yet, no need to accidentally lose money during corrections.

Better use your money during green market!

📉 Record Outflow of $680M from Bitcoin ETFs

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On December 19, U.S. Bitcoin ETFs saw a record $680M net outflow in a single trading day—the largest since their inception.

This marks a sharp reversal after consistent inflows since November 25. 🤷

💡 The investor withdrawal coincided with Bitcoin’s price drop during the U.S. trading session, falling from $102K to a weekly low below $97K.

By December 20, BTC slid further, dipping under $96K.

🔍 Spot ETFs directly impact the market as they involve the actual purchase or sale of Bitcoin to back fund shares.

These funds, managed by giants like BlackRock and Fidelity, hold $110B in Bitcoin—approximately 6% of all circulating supply.

🎅 Will Bitcoin Deliver a Santa Rally?

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📉 The recent dip in Bitcoin’s price has left the crypto community questioning the chances of a "Santa rally."

Despite the uncertainty, many investors remain optimistic.

🔥 Popular crypto blogger Crypto Rover believes BTC will soon bounce off its local low and continue climbing to new heights.

📊 Meanwhile, trader @follis pointed out that a similar dip occurred late last year.

If history repeats itself, Bitcoin could resume its ascent by Q1 2025.

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🏦 Germany’s largest bank, Deutsche Bank, is stepping into the blockchain world by creating its own Ethereum-based L2.

But here's the twist: it’s designed to give authorities expanded oversight powers.

This made me thinking. Is this a step toward decentralization, or is it using blockchain tech to tighten control?

On one hand, big banks joining the blockchain space could boost its development and bring wider recognition.

On the other hand, government oversight on these projects challenges the very idea of decentralization, where freedom and transparency are supposed to be at the core.

🎤 Drake’s X Account Hacked: $ANITA Scams and "Hotline Bling" Turns into "Scamline Ping"

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🥷 Hackers hit Drake's X account, swapped his bars for scams, and launched $ANITA, a memecoin “officially” tied to Stake.

Spoiler: it wasn’t. 🕵️‍♂️

Their pitch? “Invest in $ANITA and win big!” Reality? Fans lost $5M before realizing the only “max win” here was for the hackers. 💸

Turns out Anita Max Wynn, Drake’s supposed gambling alter ego, wasn’t real either—just like that “Lambo” they promised. 🚗❌

And Drake isn’t alone—hackers are turning VIP accounts into crypto scam factories.

Cardi B, Metallica, and Doja Cat have all been targets too.

Looks like hackers are “Started from the Bottom” but now they’re... still shady. 🕶

Stay sharp, don’t get memed, and remember: if it sounds too good to be true, it probably is! 😂

PS: You can read my other related crypto post below

1.MATRIPORT predicts $160k Bitcoin by 2025

2.Tesla shares hot a new all time high since 2021

3.one trader turn $2500 into $200000

4.doge t-shirt from trump are now on sale

5.fart coin blast to new heights

6.vital role of custodians

7.uptitwise predicts a bullish 2025 for crypto

Watch the video below

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