December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
Coinbase Bitcoin Premium Turns Green; Is BTC Price Ready for $100k Next? - BTC Hunts
Bitcoin (BTC) price has recorded heightened volatility on Friday fueled by the CME Group outage. The flagship coin surged as much as $93k before dropping to reach a daily low of around $90.2k.
Bitcoin Price Eyes $100k in December Fueled By Robust Fundamentals
According to the BTIG firm, the Bitcoin price is well-positioned to rebound toward $100k in December. The firm noted that BTC price typically bottoms around November 26 and strengthens into year-end.
Institutional Buying Pressure Supports Bullish Thesis
BTC price is well-positioned to continue in a bullish outlook in the near future fueled by the renewed demand from institutional investors. The rising demand for Bitcoin by institutional investors is evident from the Coinbase BTC Premium index, which turned positive on Friday after a prolonged negative period in the last few weeks.
Historically, a positive Coinbase BTC Premium index has been associated with a bullish outlook and vice versa.
Upcoming Fed’s QE amid anticipated Rate Cut signals fresh liquidity flow
Bitcoin price is also likely to rally towards $100k in December fueled by the Federal Reserve’s monetary policy change. Next week, the Federal Reserve will kickstart its Quantitative Easing (QE),
As such, the capital inflow to the Bitcoin market will likely surge amid the rising global money supply.
Meanwhile, Polymarket traders are betting an 87% chance that the Fed will initiate a 25 bps rate cut in December.