{"id":5980,"date":"2023-12-12T11:54:37","date_gmt":"2023-12-12T03:54:37","guid":{"rendered":"https:\/\/www.umtradings.com\/?p=5980"},"modified":"2024-01-04T02:26:04","modified_gmt":"2024-01-04T02:26:04","slug":"focus-on-bitcoin-today-12th-december-2023","status":"publish","type":"post","link":"https:\/\/www.umtradings.com\/fr\/focus-on-bitcoin-today-12th-december-2023\/","title":{"rendered":"Focus on Bitcoin Today \u2013 12th December 2023"},"content":{"rendered":"<div class=\"wp-block-post-date has-text-color has-black-color has-medium-font-size\"><a href=\"https:\/\/www.umtradings.com\/fr\/focus-on-bitcoin-today-12th-december-2023\/\"><time datetime=\"2023-12-12T11:54:37+00:00\">December 12, 2023<\/time><\/a><\/div>\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\"\/><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-black-color has-text-color\"><strong>Comprehensive Bitcoin Analysis for December 12, 2023<\/strong><\/h1>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the Bitcoin for 12th December 2023.&nbsp;<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\"\/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Bitcoin News Key Takeaways&nbsp;<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong><a href=\"https:\/\/www.reuters.com\/markets\/currencies\/crypto-market-eyes-interest-rates-expected-bitcoin-etfs-2024-2023-12-11\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"BTC ETF triggers rise\">BTC ETF triggers rise<\/a><\/strong>: Since the second half of this year, the price of Bitcoin has continued to rise, with a cumulative increase of more than 140% during the year. This rise is mainly driven by the expectation that the Bitcoin spot ETF will be issued in the United States next year. On the contrary, if the Bitcoin spot ETF is once again rejected by regulatory agencies, the upward trend is bound to be severely suppressed.&nbsp;<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong><a href=\"https:\/\/www.imf.org\/en\/About\/Factsheets\/Sheets\/2023\/monetary-policy-and-central-banking\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Monetary policy is the key this week\">Monetary policy is the key this week<\/a><\/strong>: The rising expectations of the Federal Reserve\u2019s interest rate cut have also boosted investment enthusiasm for risky assets to a certain extent. Bitcoin plunged yesterday, with the total liquidation amount reaching US$386 million. If this week&#8217;s Federal Reserve interest rate decision reduces the number of interest rate cuts next year, Bitcoin may continue to be under pressure.&nbsp;<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\"\/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Bitcoin Technical Analysis&nbsp;<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>Bitcoin <mark class=\"has-inline-color has-black-color\">Weekly Chart Insights<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.umtradings.com\/fr\/wp-content\/uploads\/sites\/15\/2023\/12\/20231212-\u884c\u60c5\u5206\u6790-1-1.jpg\" alt=\"Bitcoin Weekly Chart Insights By Ultima Markets MT4\" class=\"wp-image-5981\"\/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong>Stochastic Oscillator<\/strong>: The indicator has entered the overbought range at the weekly chart and is about to form a short signal. However, you cannot go short easily before sending out a complete short signal.&nbsp;<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Elliot Wave Theory<\/strong>: The rising structure since November last year is relatively clear, and it is a clear driving wave. After the market breaks through the upward channel line, it increases the probability that the upward trend since September will be driven by wave 3.&nbsp;<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Fibonacci resistance<\/strong>: The first target of the current upward trend is the $4853-50005 area. This range is the 1.618x Fibonacci extension of wave 1 and the 61.8% Fibonacci retracement of the downtrend since November 2021.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>Bitcoin <mark class=\"has-inline-color has-black-color\">4-hour Chart Analysis<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"457\" src=\"https:\/\/www.umtradings.com\/fr\/wp-content\/uploads\/sites\/15\/2023\/12\/20231212-\u884c\u60c5\u5206\u6790-2.jpg\" alt=\"Bitcoin 4-hour Chart Analysis By Ultima Markets MT4\" class=\"wp-image-5982\" srcset=\"https:\/\/www.umtradings.com\/fr\/wp-content\/uploads\/sites\/15\/2023\/12\/20231212-\u884c\u60c5\u5206\u6790-2.jpg 690w, https:\/\/www.umtradings.com\/fr\/wp-content\/uploads\/sites\/15\/2023\/12\/20231212-\u884c\u60c5\u5206\u6790-2-300x199.jpg 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong>Stochastic oscillator<\/strong>: The indicator sends a short signal below the 50 midline, suggesting that short forces still have the upper hand in the short term.&nbsp;<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Price Action<\/strong>: Bitcoin price fell rapidly after falling below the neckline of the top, and is currently blocked by the upward trend line. If investors want to long the bitcoin , at least wait until the price reaches the black 65-period moving average before making observations.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>Ultima Markets MT4 <mark class=\"has-inline-color has-black-color\">Pivot Indicator<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"457\" src=\"https:\/\/www.umtradings.com\/fr\/wp-content\/uploads\/sites\/15\/2023\/12\/20231212-\u884c\u60c5\u5206\u6790-3.jpg\" alt=\"Ultima Markets MT4 Pivot Indicator for Bitcoin\" class=\"wp-image-5983\" srcset=\"https:\/\/www.umtradings.com\/fr\/wp-content\/uploads\/sites\/15\/2023\/12\/20231212-\u884c\u60c5\u5206\u6790-3.jpg 690w, https:\/\/www.umtradings.com\/fr\/wp-content\/uploads\/sites\/15\/2023\/12\/20231212-\u884c\u60c5\u5206\u6790-3-300x199.jpg 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">According to the pivot indicator in <a href=\"https:\/\/www.umtradings.com\/trading\/trading-platforms\/mt4\/\" target=\"_blank\" rel=\"noopener\" title=\"Ultima Markets MT4\">Ultima Markets MT4<\/a>, the central price of the day is established at 41606.99,&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong>Bullish Scenario<\/strong>: Bullish sentiment prevails above 41606.99, first target 43030.17, second target 45307.26;&nbsp;<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Bearish Outlook<\/strong>: In a bearish scenario below 41606.99, first target 39313.16, second target 37889.98.&nbsp;<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\"\/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion&nbsp;<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n\n<p class=\"has-medium-font-size wp-block-paragraph\">To navigate the complex world of trading successfully, it&#8217;s imperative to stay informed and make data-driven decisions. <a href=\"https:\/\/www.umtradings.com\/\" target=\"_blank\" rel=\"noopener\" title=\"Ultima Markets\">Ultima Markets<\/a> remains dedicated to providing you with valuable insights to empower your financial journey.\u00a0<\/p>\n\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">For personalized guidance tailored to your specific financial situation, please do not hesitate to contact Ultima Markets.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-d05cb3ef wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<a class=\"gb-button gb-button-6f95b612 gb-button-text\" href=\"https:\/\/www.umtradings.com\/about-us\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Contact Ultima Markets<\/strong><\/a>\n<\/div><\/div>\n<\/div>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Join Ultima Markets today and access a comprehensive trading ecosystem equipped with the tools and knowledge needed to thrive in the financial markets.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-d05cb3ef wp-block-group-is-layout-flex\">\n<a class=\"gb-button gb-button-57a6c27d gb-button-text\" href=\"https:\/\/www.umtradings.com\/resources\/market-outlook\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Ultima Markets Latest Financial News<\/strong><\/a>\n<\/div>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\">Stay tuned for more updates and analyses from our team of experts at Ultima Markets.&nbsp;<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\"><em><strong>Disclaimer\u202f\u202f&nbsp;<\/strong><\/em><\/p>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\"><em>Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.\u202f<\/em>&nbsp;<\/p>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\"><em><strong>Copyright \u00a9 2023 Ultima Markets Ltd. All rights reserved.&nbsp;<\/strong><\/em><\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Comprehensive Bitcoin Analysis for December 12, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the Bitcoin for 12th December 2023.&nbsp; Bitcoin News Key Takeaways&nbsp; Bitcoin Technical Analysis&nbsp; Bitcoin Weekly Chart Insights Bitcoin 4-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion&nbsp;<\/p>\n","protected":false},"author":17,"featured_media":5985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[17,22],"tags":[40,49,74,80],"class_list":["post-5980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-technical-analysis","tag-bitcoin","tag-btc","tag-etf","tag-fed"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/posts\/5980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/comments?post=5980"}],"version-history":[{"count":0,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/posts\/5980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/media\/5985"}],"wp:attachment":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/media?parent=5980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/categories?post=5980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/tags?post=5980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}