Iran’s rial tumbles to around 1.47 million per dollar amid soaring inflation and protests, fuelling talk of collapse, redenomination and economic despair.
Spot Bitcoin ETFs recorded $70M net inflows on Nov 28 – their first positive week since October – while Ethereum ETFs added $313M. This reversed a 4-week $4.35B BTC outflow streak. $BTC $ETH
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$ZEC rallied 1,057% in 90 days. The 7-day RSI (43.46) cooled from overbought levels, confirming profit-taking. Now, the price has broken below its 20-day EMA ($559) and pivot point ($587.56). This has led to cascading stop-loss order.
Can $ZEC defend $482 support, or will #bitcoin bearing price momentum slide push it toward the 61.8% Fibonacci level ($423)? SEC’s Dec 15 privacy roundtable for regulatory cues must be watched.
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There can’t be any 4 year cycle in any financial market. So, the 4 year cycle of #Bitcoin was supposed to be invalid someday only because the market can’t be this much predictable.
$BTC has fallen below MA200 after a big growth phase and historically it started bear cycle. So far, the $BTC correction is approximately ~28%. The uncanny thing is that there was no #Altseason this time.
We may see new dimensions in the chart in 2026.
Remember that this market is full of surprises.