Bitcoin price
Crypto to Buy the Dip Now for 2X Gains in 2025
Published
2 weeks agoon
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adminThe cryptocurrency market experienced fluctuations with Bitcoin price dropping sharply to $92,000, after reaching its new all-time high of $103,000. The value of the global crypto market has declined by 1.97% settling at 3.6 trillion, with BTC rebounding. Amid this volatility, wise investors understand that buying dips can yield maximum long-term returns. As we approach 2025, now is the time to consider projects promising substantial growth. Bitcoin (BTC), Minotaurus (MTAUR), XRP, and Hedera (HBAR) pause as crypto to buy dip now.
Crypto to Buy to Dip for Maximum Gains in 2025
Here are cryptocurrencies to consider investing in for their unique potential to yield 2x returns or more in the year ahead.
1. Bitcoin (BTC): Crypto to Buy Dip as it Reclaims Its Throne
Bitcoin, the leading cryptocurrency, recently surpassed the challenging $100K mark, hitting a peak of $103,900 before falling back to $92,000 in a turbulent trading period. Nonetheless, BTC recovered and is presently being traded at approximately $98,257.
Why Buy BTC Now?
- Significant recovery capability: The dip to $90,500 was short-lived, demonstrating Bitcoin’s strength as it stays close to its record high.
- Market confidence: Bitcoin’s performance highlight its role as the premier store of value and a hedge against inflation.
- 2025 forecast: Experts anticipate that Bitcoin may exceed $150K by 2025, driven by rising institutional interest and heightened scarcity from the approaching halving event.
Investing in Bitcoin during this downturn provides a solid basis for portfolio expansion, with 2X returns being a feasible expectation by 2025.
2. Minotaurus (MTAUR): The Hidden GameFi Gem
Minotaurus (MTAUR), priced at just $0.00006002 USDT per token during its presale, is creating waves as an undervalued gem with massive upside potential. The gaming token is geared toward explosive growth upon its listing. The Minotaurus project is not just about hype; it combines strong fundamentals with genuine utility within the game.
With the support of a rapidly growing community and increasing attention from thought leaders in the crypto space, the presale presents an opportunity for substantial benefits. For those looking to capitalize on early pricing, now is the time to get involved before the token hits exchanges and prices climb further.
Why Buy MTAUR Now?
- Massive ROI potential: Minotaurus is set to list at $0.00020 USDT, translating to a projected growth of over 234%.
- Community buzz: A robust community and social media excitement are driving early adoption.
- Incentives: Referral and vesting bonuses, along with a $100K USDT giveaway, make early investment particularly attractive.
Minotaurus offers high-risk, high-yield potential, ideal for buyers looking for early-stage cryptocurrencies, and diversify their portfolios with a speculative play.
3. XRP: Reclaiming Its Glory
Ripple’s XRP has experienced significant fluctuations, recently hitting a six-year peak of $2.90 before adjusting to $2.31. Even with a slight decline of 5.03%, XRP appears on our crypto to buy list due to its long-term positive perspective.
Why Buy XRP Now?
- DeFi and institutional applications: Ripple’s emphasis on cross-border transactions and institutional acceptance positions it as a strong candidate for future expansion.
- Regulatory transparency: The anticipated positive outcomes in its legal dispute with the SEC have enhanced investor trust.
- Analysts prediction: XRP price is forecasted to claim its all-time high of $3.30 it achieved in 2018, potentially rise to $10 by the year 2025.
- This decline presents a prime chance to buy XRP at a lower price, with the possibility of significant profits as the market rebounds.
4. Hedera (HBAR): The Enterprise Blockchain Leader
Hedera has excelled remarkably, with its price increasing more than 487% in the last month. At present, HBAR is trading at $0.2847 indicating potential for additional growth.
Why Buy HBAR Now?
- Technical momentum: Indicators like the RSI and MACD indicate ongoing upward momentum, aiming for a target price of $0.3 in the near term.
- Institutional trust: Collaborations with large companies and the possible endorsement of an HBAR ETF are boosting hope.
- 2025 forecast: As enterprise-grade solutions and DeFi continue to gain traction, HBAR is set to emerge as a significant contender in the blockchain arena.
HBAR is a cryptocurrency to buy now, for its strong fundamentals and positive technical indicators, rendering it essential for any crypto portfolio aiming at growth.
Final Thoughts
Bitcoin, Minotaurus, XRP, and Hedera offer unique opportunities for substantial gains in the year 2025. From the dominance of BTC, to speculative charm of Minotaurus, institutional embrace of XRP, and Hedera’s business-oriented approach, these crypto to buy present various investment approaches. By buying dips now, you can benefit from the fluctuations in the market, setting yourself for potential 2x profits or more in the coming year.
Purchasing the dip now enables you to take advantage of the market’s fluctuations and set yourself up for possible 2X profits or greater in the upcoming year. Nonetheless, always perform your own research and evaluate your risk tolerance prior to investing.
Frequently Asked Questions (FAQs)
Bitcoin’s strong rebound to $97K after its $100K milestone shows potential for further gains, making it a solid long-term choice.
Priced low during its presale, Minotaurus offers ~234% growth potential, along with referral and vesting bonuses to early adopters.
XRP’s institutional adoption and HBAR’s ETF filing prospects highlight their strong fundamentals and potential for explosive growth.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Exploring Six On-Chain Indicators to Understand the Bitcoin Market Cycle
Published
2 days agoon
December 21, 2024By
adminWith Bitcoin now making six-figure territory feel normal and higher prices a seeming inevitability, the analysis of key on-chain data provides valuable insights into the underlying health of the market. By understanding these metrics, investors can better anticipate price movements and prepare for potential market peaks or even any upcoming retracements.
Terminal Price
The Terminal Price metric, which incorporates the Coin Days Destroyed (CDD) while factoring in Bitcoin’s supply, has historically been a reliable indicator for predicting Bitcoin cycle peaks. Coin Days Destroyed measures the velocity of coins being transferred, considering both the holding duration and the quantity of Bitcoin moved.
Currently, the terminal price has surpassed $185,000 and is likely to rise toward $200,000 as the cycle progresses. With Bitcoin already breaking $100,000, this suggests we may still have several months of positive price action ahead.
Puell Multiple
The Puell Multiple evaluates daily miner revenue (in USD) relative to its 365-day moving average. After the halving event, miners experienced a sharp drop in revenue, creating a period of consolidation.
Now, the Puell Multiple has climbed back above 1, signaling a return to profitability for miners. Historically, surpassing this threshold has indicated the later stages of a bull cycle, often marked by exponential price rallies. A similar pattern was observed during all previous bull runs.
MVRV Z-Score
The MVRV Z-Score measures the market value relative to the realized value (average cost basis of Bitcoin holders). Standardized into a Z-Score to account for the asset’s volatility, it’s been highly accurate in identifying cycle peaks and bottoms.
Currently, Bitcoin’s MVRV Z-Score remains below the overheated red zone with a value of around 3.00, signaling that there’s still room for growth. While diminishing peaks have been a trend in recent cycles, the Z-Score suggests that the market is far from reaching a euphoric top.
Active Address Sentiment
This metric tracks the 28-day percentage change in active network addresses alongside the price change over the same period. When price growth outpaces network activity, it suggests the market may be short-term overbought, as the positive price action may not be sustainable given network utilization.
Recent data shows a slight cooling after Bitcoin’s rapid climb from $50,000 to $100,000, indicating a healthy consolidation period. This pause is likely setting the stage for sustained long-term growth and does not indicate we should be medium to long-term bearish.
Spent Output Profit Ratio
The Spent Output Profit Ratio (SOPR) measures realized profits from Bitcoin transactions. Recent data shows an uptick in profit-taking, potentially indicating we are entering the latter stages of the cycle.
One caveat to consider is the growing use of Bitcoin ETFs and derivative products. Investors may be shifting from self-custody to ETFs for ease of use and tax advantages, which could influence SOPR values.
Value Days Destroyed
Value Days Destroyed (VDD) Multiple expands on CDD by weighting larger, long-term holders. When this metric enters the overheated red zone, it often signals major price peaks as the market’s largest and most experienced participants begin cashing out.
While Bitcoin’s current VDD levels indicate a slightly overheated market, history suggests it could sustain this range for months before a peak. For example, in 2017, VDD indicated overbought conditions nearly a year before the cycle’s top.
Conclusion
Taken together, these metrics suggest that Bitcoin is entering the latter stages of its bull market. While some indicators point to short-term cooling or slight overextension, most highlight substantial remaining upside throughout 2025. Key resistance levels for this cycle may emerge between $150,000 and $200,000, with metrics like SOPR and VDD providing clearer signals as we approach the peak.
For a more in-depth look into this topic, check out a recent YouTube video here: What’s Happening On-chain: Bitcoin Update
Disclaimer: This newsletter is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.
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Analyst
Here’s Why The Bitcoin Price Continues To Hold Steady Between $96,000 And $98,000
Published
3 days agoon
December 20, 2024By
adminThe Bitcoin price has dropped below the $100,000 psychological level and is now holding between the $96,000 and $98,000 range. Crypto analyst Ali Martinez provided insights into why Bitcoin could be holding well within this range.
Why The Bitcoin Price Is Holding Steady Between $96,000 And $98,000
In an X post, Ali Martinez noted that one of the most important support levels for the Bitcoin price is between $98,830 and $95,830, where 1.09 wallets bought over 1.16 million BTC. This explains why Bitcoin is holding steady between $96,000 and $98,000 as investors who bought between this level continue to provide huge support for the flagship crypto.
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As Martinez suggested, it is important for these holders to continue to hold steady as a wave of sell-offs could send the Bitcoin price tumbling even below $90,000. The flagship crypto dropped below $100,000 following the Federal Reserve Jerome Powell’s recent speech, in which he hinted at a hawkish stance from the US Central Bank.
This sparked a massive wave of sell-offs, as a Hawkish Fed paints a bearish picture for risk assets like Bitcoin. However, despite the Bitcoin price drop below, most Bitcoin holders remain in profit, which is a positive for the flagship crypto. IntoTheBlock data shows that 86% of Bitcoin holders are in the money, 4% are out of the money, and 9% are at the money.
These Bitcoin holders still seem bullish on the leading crypto as they continue to accumulate more BTC. In an X post, Ali Martinez stated that so far in December, 74,052 BTC have been withdrawn from exchanges, and this trend doesn’t seem to be slowing down.
Traders Anticipate A Bullish Reversal
Ali Martinez suggested that crypto traders anticipate a bullish reversal for the Bitcoin price from its current level. This came as he revealed that traders on Binance nailed the top, with 62.17% shorting Bitcoin while it was trading at $108,000. Now, Martinez stated that sentiment has flipped, with 55.44% of these trading now longing dips below $96,000.
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Meanwhile, it is crucial for the Bitcoin price to hold this $96,000, as Martinez warned that if BTC loses this support, it could drop below $90,000. The analyst stated that based on the Fibonacci level, if Bitcoin loses $96,000, the next point of focus becomes $90,000 and $85,000. Meanwhile, from a bullish perspective, crypto analyst Justin Bennett suggested that the $110,000 target is still in focus for the Bitcoin price.
At the time of writing, the Bitcoin price is trading at around $97,000, down over 3% in the last 24 hours, according to data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
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Bitcoin Magazine Pro
Exploring Five On-Chain Indicators to Understand the Bitcoin Market Cycle
Published
3 days agoon
December 20, 2024By
adminWith Bitcoin now making six-figure territory feel normal and higher prices a seeming inevitability, the analysis of key on-chain data provides valuable insights into the underlying health of the market. By understanding these metrics, investors can better anticipate price movements and prepare for potential market peaks or even any upcoming retracements.
Terminal Price
The Terminal Price metric, which incorporates the Coin Days Destroyed (CDD) while factoring in Bitcoin’s supply, has historically been a reliable indicator for predicting Bitcoin cycle peaks. Coin Days Destroyed measures the velocity of coins being transferred, considering both the holding duration and the quantity of Bitcoin moved.
Currently, the terminal price has surpassed $185,000 and is likely to rise toward $200,000 as the cycle progresses. With Bitcoin already breaking $100,000, this suggests we may still have several months of positive price action ahead.
Puell Multiple
The Puell Multiple evaluates daily miner revenue (in USD) relative to its 365-day moving average. After the halving event, miners experienced a sharp drop in revenue, creating a period of consolidation.
Now, the Puell Multiple has climbed back above 1, signaling a return to profitability for miners. Historically, surpassing this threshold has indicated the later stages of a bull cycle, often marked by exponential price rallies. A similar pattern was observed during all previous bull runs.
MVRV Z-Score
The MVRV Z-Score measures the market value relative to the realized value (average cost basis of Bitcoin holders). Standardized into a Z-Score to account for the asset’s volatility, it’s been highly accurate in identifying cycle peaks and bottoms.
Currently, Bitcoin’s MVRV Z-Score remains below the overheated red zone with a value of around 3.00, signaling that there’s still room for growth. While diminishing peaks have been a trend in recent cycles, the Z-Score suggests that the market is far from reaching a euphoric top.
Active Address Sentiment
This metric tracks the 28-day percentage change in active network addresses alongside the price change over the same period. When price growth outpaces network activity, it suggests the market may be short-term overbought, as the positive price action may not be sustainable given network utilization.
Recent data shows a slight cooling after Bitcoin’s rapid climb from $50,000 to $100,000, indicating a healthy consolidation period. This pause is likely setting the stage for sustained long-term growth and does not indicate we should be medium to long-term bearish.
Spent Output Profit Ratio
The Spent Output Profit Ratio (SOPR) measures realized profits from Bitcoin transactions. Recent data shows an uptick in profit-taking, potentially indicating we are entering the latter stages of the cycle.
One caveat to consider is the growing use of Bitcoin ETFs and derivative products. Investors may be shifting from self-custody to ETFs for ease of use and tax advantages, which could influence SOPR values.
Value Days Destroyed
Value Days Destroyed (VDD) Multiple expands on CDD by weighting larger, long-term holders. When this metric enters the overheated red zone, it often signals major price peaks as the market’s largest and most experienced participants begin cashing out.
While Bitcoin’s current VDD levels indicate a slightly overheated market, history suggests it could sustain this range for months before a peak. For example, in 2017, VDD indicated overbought conditions nearly a year before the cycle’s top.
Conclusion
Taken together, these metrics suggest that Bitcoin is entering the latter stages of its bull market. While some indicators point to short-term cooling or slight overextension, most highlight substantial remaining upside throughout 2025. Key resistance levels for this cycle may emerge between $150,000 and $200,000, with metrics like SOPR and VDD providing clearer signals as we approach the peak.
For a more in-depth look into this topic, check out a recent YouTube video here: What’s Happening On-chain: Bitcoin Update
Disclaimer: This newsletter is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.
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