Bernstein Projects Strategy Holdings Skyrocket To 1 Million BTC By 2033
Analysts at Bernstein have made a bold prediction regarding MicroStrategy, now known as Strategy, the Bitcoin proxy firm co-founded by Michael Saylor. They forecast that it could amass over 1 million Bitcoin (BTC) by 2033, potentially positioning Strategy to hold 5% of BTC’s total supply. Strategy Stock (MSTR) Receives ‘Outperform’ Rating Led by analyst Gautam…
Bitcoin Ongoing Recovery: a Bull Trap or Breakout? Market Index Reveals Crucial Clues
Bitcoin has maintained its upward trajectory so far this week, with the asset reclaiming and holding above the $85,000 mark. This performance reflects a weekly gain of approximately 4.7%, indicating a possible shift in momentum after weeks of sideways and bearish activity. While short-term gains have been recorded, signs that might determine Bitcoin’s next major…
Bitcoin Breaks Daily RSI Downtrend, But Analyst Warns Of Strong Resistance Ahead
After hitting a low of nearly $76,000 on March 10, Bitcoin (BTC) has finally broken its daily Relative Strength Index (RSI) downtrend, now trading in the high $80,000s at the time of writing. However, crypto analyst Ali Martinez warns that strong resistance may lie ahead. Bitcoin Finally Breaks Daily RSI Downtrend In a recent X…
Bitcoin Price Next Move Hinges on Support—Break or Bounce?
Bitcoin price started a steady increase above the $86,500 zone. BTC is now correcting gains and might find bids near the $87,000. Bitcoin started a decent recovery wave above the $87,000 zone. The price is trading above $86,800 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
Bitcoin Pushes Past $88K Amid Rising Volatility and On-Chain Resistance Zones
Bitcoin has maintained its upward momentum since the week started, signaling renewed interest and optimism in the market. The asset reclaimed the $88,000 price level on Monday and continues to trade above this zone, marking a nearly 10% rise in value over the past seven days. The steady price recovery comes after weeks of retracement,…
Bitcoin To ‘Brutally Bleed Lower’ Or Break New ATH In Q2, Expert Warns
Real Vision Chief Crypto Analyst Jamie Coutts has sounded a stark warning for Bitcoin in the months ahead. Citing his new Bitcoin Derivatives Risk Score (DRS) model, Coutts contends the leading cryptocurrency’s price faces one of two sharp outcomes: a severe downturn or a surge to new all-time highs (ATH). Bitcoin’s Q2 Outlook In commentary…
The Cyclicality Of Bitcoin: What The Cyclical Crests Say About A BTC Top
Tony “The Bull” Severino, a well-followed crypto analyst, recently took to the social media platform X to share a detailed breakdown of Bitcoin’s historical price behavior. The analysis uses a cyclical lens that many in the crypto community (both bulls and bears) agree holds significant relevance. Notably, Tony Severino focuses on the concept of Bitcoin’s…
Bitcoin Surge Fueled by $32B in Open Interest—Here’s What Could Happen Next
Bitcoin opened the week with a strong rebound, climbing back above the $88,000 mark for the first time in several weeks. As of today, BTC trades at approximately $88,025, representing a 6.2% increase over the past week. This recovery follows a volatile period where the asset experienced significant resistance below the $85,000 price level. While…
$31B in Stablecoins Piled Into Binance: Is Bitcoin’s Next Leg Up Loading?
Bitcoin is beginning to show signs of a strong recovery after recent consolidation. The asset has moved past the $87,000 level, gaining approximately 5.2% over the past week and 3.4% in the last 24 hours. This uptick in performance marks a notable contrast to the steady downtrend observed in recent weeks, offering traders renewed momentum…
Bitcoin Price Dips After Rally—Is This the Perfect Entry Point?
Bitcoin price started a steady increase above the $85,500 zone. BTC is now correcting gains from $88,750 and might find bids near $86,500. Bitcoin started a decent recovery wave above the $85,000 zone. The price is trading above $86,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with…