Bitcoin To Smash $100,000? Rapid Stablecoin Exchange Inflows Continue
On-chain data shows exchanges have continued to receive stablecoin deposits recently, a sign that could be bullish for Bitcoin and other digital assets. Stablecoin Exchange Netflow Has Remained Positive Recently As pointed out by an analyst in a CryptoQuant Quicktake Exchange Netflow,” which keeps track of the net amount of a given asset that’s moving…
Bitcoin Rally Pauses Before $100K—Here’s What Could Happen Next
Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.” Since climbing from $73,000 to $99,800, Percival highlighted that Bitcoin…
Bitcoin Price Pauses Under $100K: Bulls Eye the Milestone
Bitcoin price is consolidating below the $100,000 resistance. BTC bulls might soon attempt to breach the stated milestone and push the price further higher. Bitcoin started a fresh increase above the $96,500 zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with…
Bitcoin Realized Profit Hits ATH At $443 Million – Local Top Or Continuation?
Bitcoin has surged past the $99,800 mark, setting a new all-time high as it inches closer to the psychological $100,000 barrier. While the milestone signals remarkable strength, the price has yet to claim this key level, leaving investors in suspense. Market demand remains robust, fueling optimism that Bitcoin will soon break above the $100,000 threshold.…
This Analyst Correctly Predicted The Bitcoin Price Jump To $99,000, But His Prediction Is Not Done
A crypto analyst who accurately forecasted the Bitcoin price increase to the $99,000 All-Time High (ATH) has just released a more detailed analysis of his prediction. The analyst shared a chart highlighting crucial technical indicators and price movements that suggest the cryptocurrency could be gearing up for an even higher ATH. Analyst Projects $105,000 As…
Analyst Sounds Bearish Alarm For Bitcoin As $100,000 Presents Psychological Resistance
Despite heightened expectations for the Bitcoin price to hit the $100,000 milestone, a crypto analyst has surmised that this key target could present psychological resistance for the pioneer cryptocurrency. Amidst this bearish warning, the coin’s price’s continued upward movement towards the elusive $100,000 mark has become the center of attention in the crypto community. $100,000…
Bitcoin Funding Rates Surge 20% On Major Exchanges — What’s Happening?
The price of Bitcoin picked up this week from where it left off in the previous week, forging successive all-time highs in the past seven-day span. Over the last few days, the big question on everyone’s mind has been — when will the premier cryptocurrency surpass the $100,000 level? While most investors are worried about…
Bitcoin Price Mirrors 2017 Pattern, Is The Top Only 2 Weeks Away After Hitting $100,000?
The Bitcoin price is well on its way to reaching the $100,000 price mark, with multiple projections saying it could do so by this weekend. Notably, the Bitcoin price reached an intraday high of $99,486 in the past 24 hours, putting it by about only 0.5% from reaching $100,000. As the entire industry continues to…
Bitcoin LTHs Start Taking Profits – Metrics Reveal Whales Are Actively Spending
Bitcoin has reached new all-time highs for four consecutive days, hitting $99,500 just hours ago. The relentless surge has fueled extreme bullish sentiment in the market, with investors eagerly anticipating Bitcoin’s historic breakthrough of the $100,000 mark. However, on-chain data suggests that the rally may face challenges as signs of profit-taking emerge. Key insights from…
$99K And Climbing: Bitcoin Reacts To Gensler’s SEC Departure Announcement
Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political and market events that have increased investor trust in digital assets. Rumors of Securities and Exchange Commission (SEC) Chair Gary Gensler’s departure, as well as Donald Trump’s prospective crypto-friendly policies, have fueled…