Bitget’s December Surge Fuels Bitcoin Optimism Amidst Regulatory Anticipation

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Bitget's December Surge Fuels Bitcoin Optimism Amidst Regulatory Anticipation

Bitget’s December surge fuels Bitcoin optimism amidst regulatory anticipation. In early December, Bitget experienced a 20% surge in new registrations, with 89% entering the cryptocurrency space and 61% exclusively opting for Bitcoin. Google Trends reported doubled interest in Bitcoin searches from November 30 to December 6. The week also marked a 23% rise in spot market copy trading on Bitget.

Comparing December 2023 to 2022, cryptocurrency derivatives witnessed a 17% increase in copy trading users. This aligns with industry optimism around potential U.S. exchange-traded funds approval for digital assets, seen as a democratizing force. Analysts predict regulatory approval for cryptocurrency fund managers, possibly next month. This could impact Bitcoin’s upward trajectory.


Key Bitcoin Levels to Watch – December 12

TradingView ChartThe sell-side liquidity grab below the $25200.00 price level set the market to the upside. This led to a market structure shift that occurred in October 2023, thereby strengthening the optimism of the market participants.
According to the MA Cross, the ongoing uptrend began a few weeks after the market structure shift. The uptrend reached $45000.00 before correcting the discount zone. BTCUSD is likely to resume its uptrend as soon as the bullish order block is reached.

BTC/USD Key Levels

Resistance Levels: $43100.00, $48200.00, $52100.00 
Support Levels: $37800.00, $31900.00, $24900.00

BTC Metrics

Total Market Capitalization: $1.58T
Bitcoin Market Capitalization: $819B
Bitcoin Volume: $32.1B
Market Rank: #1

You can purchase Lucky Block here.  Buy LBLOCK

Note: is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *