Recent bearish market conditions have significantly reduced bullish sentiment surrounding Bitcoin, with notable declines in positive remarks across social media platforms, potentially signaling a market bottom. Also, Bitcoin miner withdrawals…
Browsing: Bitcoin Price Prediction
Macro investor Luke Gromen anticipates a major capital rotation from the $130 trillion global bond market into risk assets like Bitcoin, gold, and stocks due to ongoing inflationary pressures. Gromen…
Despite Bitcoin’s recent price drop to $63,600 and ongoing bearish conditions, the derivatives market shows strong buying interest at dips, with a notable increase in call option purchases on Deribit.…
Recent research from Glassnode highlights that the majority of BTC investors remain profitable, with over 87% of the circulating supply held in profit. Glassnode’s analysis using the market value to…
Analysts like CrediBULL Crypto are cautiously optimistic, suggesting a potential bottom for Bitcoin. The $64,000 level has shown strong buying support, but if broken, Bitcoin could drop further to critical…
Analyst Willy Woo attributes Bitcoin’s recent bearish momentum to selling pressure from long-term holders (LTHs), as evidenced by spikes in the Coin Days Destroyed (CDD) metric. The prevalence of “paper…
Bernstein analysts have raised their Bitcoin price prediction from $150,000 to $200,000 by the end of 2025, driven by increased demand through ETFs and a reduced supply due to Bitcoin…
While uncertainty surrounds the direction of Bitcoin and Ethereum prices, fundamental factors such as ETFs, halving events, macro conditions, etc. provide confidence for bullish trends ahead. Technical indicators like the…
Analyst Rekt Capital identifies Bitcoin’s position in the final stage of the halving retrace, indicating an imminent uptrend resumption. The cryptocurrency’s current re-accumulation phase and whale accumulation activities further bolster…
Elon Musk’s tweet addressing the Federal Reserve’s operations has sparked widespread interest within the cryptocurrency community, particularly among Bitcoin, XRP, and Dogecoin enthusiasts. While some in the Bitcoin community interpreted…
Bitcoin slips from $64k to $62k at press time amid a daily total net outflow of $217 million of the US listed Exchange Traded Funds (ETFs). An analyst believes that…
Bitcoin (BTC) continues to consolidate around $66,500, maintaining pressure on crucial resistance levels as whales show signs of “buying the dip.” Despite short-term challenges highlighted by analyst Ali Martinez, such…
The Bitcoin halving historically triggered significant volatility in the cryptocurrency market, with strong rallies following the event. However, miners may begin selling their BTC holdings to offset rising mining costs,…
Robert Kiyosaki remains steadfast in his commitment to Bitcoin (BTC) investment despite Harry Shuler Dent’s bleak predictions of a $200 Bitcoin. Kiyosaki’s bullish outlook extends beyond near-term fluctuations, as he…
Bitcoin’s attempt to breach the critical $53,000 mark faced strong resistance, indicating a phase of consolidation before any significant breakthrough. Glassnode data reveals a diminishing supply of Bitcoin held at…
Bitcoin’s resurgence to $52,500 marks a significant milestone, with its market cap surpassing $1 trillion, overtaking major companies like Tesla and Walmart. Spot Bitcoin ETFs witness unprecedented inflows, with 43,300…
The upcoming Bitcoin halving in April 2024, reducing block rewards from 6.25 to 3.125 BTC, is expected to impact miner profitability. Anthony Scaramucci of SkyBridge Capital forecasts a surge to…
Technical analysts, including the “Titan of Crypto” and Ali Martinez, observe recurring patterns suggesting Bitcoin tends to trade at around 50% of previous all-time highs during halving events. Historical data…
Bloomberg predicts a record-breaking first-day influx of $4 billion in assets, with $2 billion expected to be attributed to BlackRock’s Bitcoin ETF. The bold prediction reflects strong investor interest, further…
The cryptocurrency market experienced heightened institutional interest in Bitcoin (BTC), with a substantial 12.70% increase in open interest (OI) on the CME in the last 24 hours. CME leads the…