Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
BITCOIN'S VOLATILE TREND: RECORDS AND UNCERTAINTIES
#TopContentChallenge
Bitcoin (#BTC), as of December 22, 2024, is trading at approximately 97,142 USD level and has experienced a slight decline from its recent peaks. On December 16, Bitcoin set a historic record by exceeding 107,000 USD. This surge occurred after the announcement of the United States' new president, Donald Trump, that a national strategic Bitcoin reserve would be established (FN London, 2024).
Although Bitcoin rose to 108,135 USD with this news, it fell below 99,000 USD with a 9.2% decrease. However, it quickly recovered and reached the 100,000 USD level again.
Technical analysis is currently neutral to slightly bearish. The RSI indicator is in the 30-70 range, not giving an overbought or oversold signal. The 50-day moving average is upward sloping and can act as support below the price. On the other hand, the 200-day moving average is fluctuating, indicating uncertainty in the long term.
According to experts' predictions, the long-term outlook for Bitcoin is positive. Prices are expected to range between 125,000-155,000 USD in 2025. Some analyses suggest that prices could even reach 200,000 USD (MarketWatch, 2024).
Outcome: The future direction of Bitcoin will be shaped by the market's volatile nature and economic-political developments. Regularly monitoring market data is crucial for informed investments.
Resources:
• FN London
• MarketWatch
• CoinDCX