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		<title>The Latest on Bitcoin and Cryptocurrencies: December 16</title>
		<link>https://coinengineer.net/blog/the-latest-on-bitcoin-and-cryptocurrencies-december-16/</link>
					<comments>https://coinengineer.net/blog/the-latest-on-bitcoin-and-cryptocurrencies-december-16/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Mon, 16 Dec 2024 14:00:24 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[Altcoin Analysis]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[BTC Price Levels]]></category>
		<category><![CDATA[Crypto Events]]></category>
		<category><![CDATA[Crypto Liquidations]]></category>
		<category><![CDATA[Crypto Market Trends]]></category>
		<category><![CDATA[ETH Key Levels]]></category>
		<category><![CDATA[ethereum]]></category>
		<category><![CDATA[fantom]]></category>
		<category><![CDATA[multiversX]]></category>
		<category><![CDATA[pyth network]]></category>
		<category><![CDATA[Top Gainers and Losers]]></category>
		<category><![CDATA[Trending Cryptos]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=33632</guid>

					<description><![CDATA[<p>What is the Current Status of Bitcoin and Popular Altcoins? Will the Uptrend Continue? We’ve prepared key details about support and resistance levels, liquidations, the top gainers and losers, upcoming events, and more! Bitcoin Daily Key Levels BTC/USDT has gained 0.18% in the last 24 hours and is currently trading at $104,383. Bitcoin recently rebounded</p>
<p>The post <a href="https://coinengineer.net/blog/the-latest-on-bitcoin-and-cryptocurrencies-december-16/">The Latest on Bitcoin and Cryptocurrencies: December 16</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>What is the Current Status of Bitcoin and Popular Altcoins? Will the Uptrend Continue? We’ve prepared key details about support and resistance levels, liquidations, the top gainers and losers, upcoming events, and more!</p>
<h2>Bitcoin Daily Key Levels</h2>
<p><strong>BTC/USDT</strong> has gained <strong>0.18%</strong> in the last 24 hours and is currently trading at <strong>$104,383</strong>. Bitcoin recently rebounded from the <strong>$101,000 support level</strong>, as previously indicated in analyses, and hit a new all-time high. If the uptrend continues, the resistance level stands at <strong>$105,766</strong>, while the support levels are at <strong>$103,668</strong> and <strong>$101,000</strong>.</p>
<p><img fetchpriority="high" decoding="async" class="aligncenter wp-image-143416 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2024/12/BTCUSD_2024-12-16_13-21-12_40f61.png" alt="" width="1785" height="883" /></p>
<hr />
<p><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></em></strong></p>
<hr />
<p><strong>Ethereum (ETH): </strong>The <strong>ETH/USDT</strong> pair has risen by <strong>1.95%</strong> in the last 24 hours and is trading at <strong>$3,943</strong>. Key resistance levels for Ethereum are at <strong>$3,988</strong> and <strong>$4,025</strong>, while the support levels are at <strong>$3,942</strong> and <strong>$3,886</strong>.</p>
<p><strong>MultiversX (EGLD): </strong><strong>EGLD/USDT</strong> has dropped <strong>5.54%</strong> in the last 24 hours and is trading at <strong>$44.5</strong>. Resistance levels are at <strong>$48</strong> and <strong>$49.3</strong>, with support zones at <strong>$44.3</strong> and, in case of deeper declines, <strong>$40</strong>.</p>
<p><strong>Fantom (FTM): </strong>The <strong>FTM/USDT</strong> pair surged <strong>9.49%</strong> in the last 24 hours and is trading at <strong>$1.36</strong>. Resistance levels are <strong>$1.46</strong> and <strong>$1.60</strong>, while support levels are at <strong>$1.39</strong> and <strong>$1.34</strong> for lower zones.</p>
<p><strong>Pyth Network (PYTH): </strong><strong>PYTH/USDT</strong> gained <strong>6.58%</strong> in the last 24 hours and is currently trading at <strong>$0.465</strong>. Resistance levels for PYTH are <strong>$0.475</strong> and <strong>$0.50</strong>, while support lies at <strong>$0.45</strong> and <strong>$0.433</strong> if declines deepen.</p>
<h2>Trending Coins</h2>
<p>In the past 24 hours, the top <strong>trending coins</strong> include <strong>Hyperliquid (HYPE)</strong>, <strong>Ondo (ONDO)</strong>, and <strong>Virtuals Protocol (VIRTUAL)</strong>. Among the <strong>top gainers</strong> are <strong>Moca Coin (MOCA)</strong>, <strong>Fartcoin (FARTCOIN)</strong>, and <strong>Virtuals Protocol (VIRTUAL)</strong>. On the other hand, <strong>Metars Genesis (MRS)</strong>, <strong>Galxe (GAL)</strong>, and <strong>DeXe (DEXE)</strong> lead the <strong>losers&#8217; list</strong>.</p>
<h2>Bitcoin Liquidation Map</h2>
<p>A look at Bitcoin’s <strong>12-hour liquidation map</strong> reveals notable levels:</p>
<ul>
<li><strong>Upper-side liquidation:</strong> $44.5 million at <strong>$107,292</strong>.</li>
<li><strong>Lower-side liquidation:</strong> $58.5 million at <strong>$104,106</strong>.</li>
</ul>
<p><img decoding="async" class="aligncenter wp-image-143418 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2024/12/Ekran-goruntusu-2024-12-16-135145.png" alt="" width="1455" height="551" /></p>
<hr />
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<p>The post <a href="https://coinengineer.net/blog/the-latest-on-bitcoin-and-cryptocurrencies-december-16/">The Latest on Bitcoin and Cryptocurrencies: December 16</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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