Dear Readers,

The global cryptomarkets are valued at $3.64T, (-0.35%) from yesterday.

BTC is trading at 99487$ at present. It's dominance is at 54.07%.

The fear greed index is at 83, which is at extreme greed.

As soon as the BTC reaches the milestone target of 100K mark, there was a wide range of happiness that we found across the worldwide.

Once the crypto markets was not recognised by the Governments and Central Banks, many were frustrated in investing cryptocoins. 

There were various pumps and gains in the cryptos. But whenever the crypto exchanges were in total collapse, there were more voices against the crypto investments.

Finally, everyone are slowly understand the power of crypto coins.

The launch of BTC ETFs at the start of this year in US, made a courageous move and many investors largely came into the investment on BTC.

Then it comes the US Elections.

In a very surprise move, Donald Trump openly supported the crypto world in many a times during his Presidential Campaign. 

He also welcomed the reach of 100$ BTC price and tweeted together we will build stronger USA. He also wanted US a hub of crypto coins and he would build a stock pile for BTC in US. 

The tone among the haters on cryptos are suddenly changing.

Anticipating the upcoming Donald Trump's Government would be favour for crypto markets, there we find a wide range of up movements in the crypto markets.

Based on the reports from WuBlockchain, in the last week from December 2 to December 6, EST;  Bitcoin spot ETFs had a weekly net inflow of US$2.73 billion, reaching the second highest weekly net inflow in history. BlackRock ETF IBIT alone had a weekly net inflow of US$2.63 billion. These are all positive news for the cryptos.    The US Treasury also acknowledges the growth of BTC and other stable coins. It also sees BTC as a digital gold in its latest reports.   If we see the BTC chart, BTC is trading in the 99K range.  The RSI is in deeply overbought region.  If we see the liquidation map of the BTC, we can get an idea of the BTC movement. There are more liquidity at 104K. This range also serves as a major resistance. But if BTC trades below, there are chances to go to 95K and 92K.    So, have a constant watch at these levels and plan for your trading!   Stay invested! Happy times in Crypto ahead!