Bitcoin Profit Taking Relatively Muted Amid $93K Rally – Can BTC Climb Higher?
Bitcoin (BTC) recently reached a new all-time high (ATH) of $93,477, as the leading digital asset inches closer to the highly anticipated $100,000 target. Notably, the ongoing price rally has seen relatively muted profit-taking, fueling hopes that BTC has further room to surge. Low Profit-Taking For Bitcoin In Current Cycle According to a recent spot…
Bitcoin Price Could Peak In 200 Days, Before US Recession In Mid-2025, Report Says
The current Bitcoin (BTC) rally could extend until mid-2025, with a potential price peak before a US recession. Bitcoin Could Peak In Mid-2025 Before US Recession A recent Copper Research report, a recent crypto research firm, posits that the leading cryptocurrency by market cap could extend its bullish momentum until mid-2025. As of November 13, Bitcoin is…
Bitcoin Expected To Hit $100,000 Before 2025, According To Kalshi Data
Bitcoin (BTC) has hit new highs in recent days, with many users of crypto betting site Kalshi predicting that the largest cryptocurrency on the market could hit the $100,000 milestone before the end of 2024. According to recent data from the event contract market, 60% of users believe Bitcoin will hit this milestone before January,…
Is Bitcoin Now Overheating? Key Metrics Reveal Crucial Insights For Investors
Amid Bitcoin’s pursuit to hit the six figures all-time high (ATH), a CryptoQuant analyst known as aytekin, has shared a comprehensive analysis on tools to assess Bitcoin’s market temperature, focusing on distinguishing useful from potentially misleading metrics. According to aytekin, investors’ concerns often center around Bitcoin’s ability to reach new peaks and when it might…
Bitcoin Buying Pressure Rises, But Here’s Why A Pullback Could Be Coming
A recent analysis from BaroVirtual, a CryptoQuant analyst, offers a nuanced perspective on the current state of the Bitcoin market. According to the analyst, fluctuations in the Coinbase premium—a key metric that tracks the price difference between Bitcoin on Coinbase and other exchanges—can offer significant insights. Retail Leverage And Premiums: A Double-Edged Sword Rising or…
Bitcoin ETFs See Historic Surge – Institutions Go Bullish On BTC With $1.38 Billion Record Inflows
Yesterday, Bitcoin had one of its most bullish days in history, skyrocketing past its all-time high to reach $76,990. This new milestone has ignited widespread excitement and confidence among investors, who now see the potential for further gains. Key data from Carl Runefelt reveals that Bitcoin ETFs experienced a historic surge, with $1.38 billion in…
Rising Bitcoin Funding Rates Signal Market Optimism—But Is A Correction Looming?
Bitcoin recent price movement of continuous uptrend has drawn the attention of market participants and analysts as it edges closer to creating a new all-time high, blasting through critical resistance levels. Amid this, a CryptoQuant analyst known as TraderOasis provided an in-depth analysis of Bitcoin’s market earlier today, suggesting the trajectory the asset could head to next. Analysis…
$13 Million Bitcoin? Sounds ‘Bearish’: Expert Hints At Even Greater Heights Ahead
The recent presidential election has sent ripples through the cryptocurrency market, with Bitcoin prices reacting positively to Donald Trump’s victory over Kamala Harris. As Trump prepares to take office for a second term, his ongoing commitment to making the United States the “crypto capital of the world” has ignited bullish sentiment among investors, positioning Bitcoin…
Bitcoin’s Current Price Action Sets Stage For 30% Rally, Says Crypto Analyst
Bitcoin recent price movements amid the US presidential election 2024 have led to its price currently standing at around $69,092, following a drop below the $70,000 level last week. This relatively low volatility has marked a calm period for Bitcoin, allowing it to stabilize in the $68,000 to $69,000 range over the past few days.…
Analyst Reveals Bitcoin’s ‘Chopsolidation’ Phase Nears End—Are New Highs in Sight?
Bitcoin market trend may be on the verge of a significant shift, according to a recent analysis shared by CryptoQuant analyst Percival. Percival described Bitcoin’s current phase as “chopsolidation,” a term used to describe a period of minimal directional movement where price consolidation occurs without a clear trend. This period, he suggests, may be drawing…