The ongoing bearish run of the Bitcoin price was expected, as the asset’s total active addresses declined considerably from Q1 2024. A 10x Research report estimates that Bitcoin’s price could…
Browsing: Bitcoin Price Prediction
Republican Vice President nominee J.D. Vance has disclosed Bitcoin holdings worth between $250,000 to $500,000 since 2021, highlighting his long-term commitment. Both Vance and Trump have publicly supported the crypto…
A post on the Mt. Gox insolvency subreddit sparked controversy when a user expressed their intention to file a lawsuit against the defunct crypto exchange after learning that their Bitcoin…
Asset manager VanEck has made a bold prediction for Bitcoin’s future price, projecting it could reach $52.4 million by 2050 in a bull case scenario. VanEck’s Head of Digital Assets…
Elon Musk has excited the Bitcoin community by updating his profile photo with “laser eyes”, a bullish symbol for Bitcoin, ahead of the Bitcoin 2024 conference. Industry experts and leading…
Institutional Bitcoin investors have significantly increased their holdings amidst the recent price decline, acquiring over 100,000 BTC (approximately $5.7 billion) over the past week. Unlike earlier peaks driven by ETF…
Despite efforts by Bitcoin whales to accumulate, on-chain metrics from CryptoQuant suggest potential downside risks for BTC. The profit and loss (P&L) index hovers near its 365-day moving average, a…
Analyst Dave the Wave suggests Bitcoin could revisit the “buy zone” of his logarithmic growth curve (LGC) model, predicting a 40% drawdown to $44,000 before a potential parabolic surge to…
Bitcoin short-term indicators show potential bullish opportunities, the 30-day MVRV ratio remains negative, and increasing mean coin age suggests wide accumulation. Despite the $55k liquidation cluster remaining untested and current…
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…
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…