Bitcoin’s price rally and new all-time HIGH: Bitcoin (BTC) achieved a record HIGH before the 2024 halving, a shift from historical patterns. This is propelled by ETF approvals, indicating robust institutional confidence and redefining market norms.
Historic ETF inflows signal strong institutional interest: In December 2024, Bitcoin ETFs attracted record inflows of 2,167 million USD, highlighting growing institutional confidence in cryptocurrencies. This trend showcases a broader acceptance of digital assets in conventional finance.
Influence of social media on Bitcoin trading: Surprisingly, despite Bitcoin’s rise to 101,500 USD, social media sentiment was low. This contradiction suggests that contrarian strategies, buying on low sentiment and selling during euphoria, could effectively forecast pricing trends.
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