bitcoin dominance. altcoin season. Photo by BeInCrypto The Bitcoin price in December is now a key focus, given that the market ended November on a weak note. Bitcoin dropped more than 17% this month, breaking its usual November trend and raising questions about whether the recent $80,000 bounce was the real bottom. December has a mixed history for Bitcoin, and early data for this year shows some caution in both spot flows and on-chain signals. This analysis examines three key areas: seasonal performance, ...

bitcoin whale, Quantum rsiks. Photo by BeInCrypto Bitcoin’s sharp correction from $110,000 to around $80,000 is linked to heavy selling by early whales with cost bases near $16,000. CryptoQuant CEO Ki Young Ju notes that on-chain metrics indicate Bitcoin is now in the "shoulder" phase of its cycle, suggesting limited short-term upside potential. This selling is overwhelming institutional demand from ETFs and MicroStrategy, shaping the cryptocurrency’s 2025 outlook. In an interview with Upbit's Upbitcare, ...

Core Insights - Cardano (ADA) has experienced a flat trading pattern following the "Black Friday" market crash, with its price structure remaining bullish on higher time frames despite short-term weakness [1] - Whale accumulation has increased since October 12, with mega whales raising their balances from 1.50 billion to 1.59 billion ADA, indicating growing investor confidence [2][3] - The Spent Coins Age Band (SCAB) has shown a significant decline in on-chain selling activity, dropping from 179.06 million ADA to 87.33 million ADA, a 51% decrease [5][6] Price Analysis - Cardano's price is currently within a broad ascending channel, having found support near $0.61 and rebounding towards $0.73, which aligns with the 0.236 Fibonacci retracement level [7] - A breakout above $0.73 could lead to the next major resistance zone at $0.86, a critical level where previous rallies faced rejection [8] - Sustaining above $0.61 is essential for maintaining the bullish setup, with potential targets of $1.01 and $1.12 if the price breaks above $0.86 [9]