Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. BTC Price Could Reach $200K: Bitfinex analysts predict Bitcoin hitting $200,000 by mid-2025 due to institutional adoption and ETF inflows, with a minimum target of $145,000 under conservative conditions.

2. 📈Technical Analysis Masterclass - Solana (SOL) has faced downward pressure recently. Watch UseTheBitcoin’s latest Youtube video “Is Solana Ready to Turn Bullish? (SOL)” to see if why Solana may be entering a buying zone or join our Official Telegram Channel for more alpha!

3. Remote, Stripe Enable USDC Pay: Remote and Stripe now allow U.S. firms to pay contractors in 69 countries using USDC on Coinbase's Base network.

4. 💡Feature of the Day - Trump Meets Crypto.com CEO: President-elect Trump met Crypto.com CEO Kris Marszalek to discuss pro-crypto policies, including a Bitcoin reserve.

   
   All this and more in today’s headlines!

📰 News Highlights:

BTC Could Hit $200K by 2025 [Source][Source][Source][Source]

Bitfinex analysts foresee Bitcoin hitting $200,000 by mid-2025, driven by growing institutional adoption and spot Bitcoin ETF inflows.

They estimate a minimum price of $145,000 under conservative conditions, with price dips remaining mild due to robust demand.

Industry experts like Nic Carter project Bitcoin could eventually reach $900,000 if it matches gold’s market cap.

Analysts also speculate potential scenarios, such as mirroring past cycles, which could see Bitcoin reach $339,000 or $290,000 by early 2026.

 📈Technical Analysis Masterclass:

Is Solana Ready to Turn Bullish? (SOL)

Clue #1: Higher Lows Indicate Growing Bullish Momentum

• Trend Shift: The pattern of lower lows is transitioning to higher lows, signaling the market may be moving from a downtrend to an uptrend.

• Market Sentiment: Buyers are stepping in, showing early signs of bullish momentum.

Clue #2: Support at the 50-Period Moving Average

• Key Level: Solana is hovering near the 50-period moving average, often a strong support or resistance zone.

• Historical Significance: Holding above this level increases the likelihood of a price bounce and trend reversal.

Clue #3: Fibonacci Retracement “Buying Zone”

• Reversal Levels: Solana is within the 61.8%-50% retracement zone, traditionally a strong area for reversals.

• Entry Opportunity: This zone often marks a consolidation or bounce point, making it attractive for traders eyeing upward moves.

Trading Strategies: Risk-Taker vs. Conservative

• Risk-Taker: Enter a small position now, aiming to capitalize on a potential bounce before full confirmation.

• Conservative Trader: Wait for confirmation signals, such as:

  • A bullish candle closing above the previous one.

  • RSI crossing above the median line, signaling increasing buying pressure.

Risk Management

• Caution: Markets are unpredictable, and technical indicators aren’t guarantees.

• Stop-Loss: Use stop-loss orders to limit potential losses and protect your capital in case of unexpected reversals.

Remote, Stripe Enable USDC Pay [Source][Source]

Remote has partnered with Stripe to enable U.S.-based companies to pay contractors in 69 countries with USD Coin (USDC).

Contractors can receive payments via Base, Coinbase's layer-2 network, while employers pay in U.S. dollars.

Remote CEO Job van der Voort emphasized the feature addresses customer demands, enabling faster payments while maintaining compliance and simplicity.

🎁Freebie:

Download your free ebook now and take the first step toward mastering CRYPTO IN UNDER 60 MINS!

💡 Feature of the Day: 

Trump Meets Crypto.com CEO [Source][Source]

President-elect Donald Trump recently met Crypto.com CEO Kris Marszalek to discuss crypto policies, including a potential national Bitcoin reserve.

The same day, Crypto.com dropped its lawsuit against the SEC, signaling intent to collaborate with the incoming administration on regulatory frameworks. The firm had initially filed the suit in response to an October Wells notice.

Today’s Sponsor:

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😂 Crypto Meme of the Day: 

Meme of the day provided by @TheBTCTherapist

And that’s it for this today.

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See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com