Expert Sees Bitcoin Dipping To $50K While Bullish Momentum Persists
After rocketing up to the highs of $108,000 in December 2024, Bitcoin now has fallen to about $96,000. This has led to renewed debate among analysts as to what this means for the leading cryptocurrency. Some think that it may all be a warning, but others, such as Fundstrat’s Tom Lee, are still bullish long-term.…
Bitcoin Traders Turn Bearish Despite Price Recovery Above $97,000, Here Are The Numbers
The Bitcoin price has recovered above $97,000, providing a bullish outlook for the flagship crypto. Despite this development, BTC traders still look apprehensive as their strategy suggests they are still bearish on the current price action. Bitcoin Traders Turn Bearish Following Price Recovery In an X post, crypto analyst Ali Martinez revealed that Bitcoin traders…
Bitcoin Daily Close To ‘Dictate The Next Move’, Is Another Price Drop Ahead?
Bitcoin (BTC) started the week in the red, falling to its lowest level in over a month. Amid this performance, some analysts consider BTC’s price will likely see another drop before the flagship crypto aims for new highs. Bitcoin Needs Daily Close Above $91,000 On Monday, Bitcoin shook off the weekend gains, dropping 5.8% to…
Spot Bitcoin ETFs One Year After US Launch: Here’s How Funds Have Fared So Far
The introduction of Spot Bitcoin exchange-traded funds (ETFs) in the United States marked a historic milestone for the cryptocurrency market. These Spot Bitcoin ETFs, which first went live in the US on January 11, 2024, have had massive success in just one year, making them the greatest ETF launch in history. As it stands, US-based…
Bitcoin To $350,000? Top Crypto Influencer Makes Bold Prediction
Jeremie Davinci, a prominent player in the cryptocurrency domain, has garnered attention with his audacious forecast that Bitcoin may attain an extraordinary value of $350,000. This forecast, lately disseminated on social media, is predicated on historical trends and the present dynamics of Bitcoin mining expenses. The current expense for miners to generate one Bitcoin is…
Bitcoin Bearish Case: Continued Rejection At $100,000 Increases Likelihood Of Breakdown
Bitcoin has been faced with a challenging start to 2025 with a rejection at the $100,000 mark. Notably, Bitcoin has been unable to hold substantially above the $100,000 price level since it first broke through in early December, and multiple breakouts have been followed by rejections. The most recent rejection came last week when the…
Bitcoin To Challenge Gold: Expert Sees US Taking The Lead
Matthew Sigel, Head of Digital Assets Research at VanEck, has recently made comments regarding the potential of Bitcoin to become a global monetary standard, similar to gold, which have sparked controversy. This viewpoint is gathering momentum, particularly as the debate regarding a US Strategic Bitcoin Reserve intensifies. The Future Of Finance: The Role Of Bitcoin…
US Adds 256,000 Jobs In December – Implications For Bitcoin?
Bitcoin (BTC) remains the center of investors’ attention and concern especially following the latest nonfarm payrolls data from the US Bureau Of Labor Statistics (BLS). While the general market sentiment remains bullish, recent developments in the US economy indicate that macroeconomic factors may be against the premier cryptocurrency in 2025. Currently, Bitcoin trades above $94,000…
Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is Possible
Crypto analyst Master Kenobi has identified a bullish pattern for the Bitcoin price, which is similar to one that was observed in the previous bull cycle. Based on this pattern, the analyst explained why the Bitcoin price could rally to as high as $169,000 in this cycle. Bitcoin Price Could Rally To $169,000 As Fractal…
Bitcoin Price Crash Not The End Of The Road As Analyst Shares Roadmap To $200,000
Despite the recent Bitcoin price crash, crypto analyst TradingShot has suggested that this is not the end of the road for the flagship crypto. This came as he revealed why BTC could still rally to as high as $200,000 in this market cycle. Bitcoin Price Set To Rally To $200,000 Despite Recent Crash In a…