Bitcoin recently took a bit of a tumble, dropping below $100,000. But is this just a temporary dip, or something more significant? Some analysts think it’s mirroring Bitcoin’s performance from December 2023, hinting at a potential major price surge. Echoes of December 2023 The recent market correction, triggered by a Fed announcement, saw Bitcoin fall…
Bitcoin’s price has dipped below the $100,000 mark and is currently hanging out between $96,000 and $98,000. Let’s explore why. Strong Support Levels Crypto analyst Ali Martinez points to a key support level between $95,830 and $98,830. A significant number of investors bought Bitcoin around this price, and they’re holding on, preventing a bigger price…
Bitcoin recently dipped after hitting a new high, sparking debate about whether the current bull market is peaking. Let’s look at some key on-chain data to see what’s happening. Key On-Chain Indicators: Here’s a breakdown of various on-chain metrics and what they suggest about Bitcoin’s current market position: 1. MVRV Ratio & Pricing Bands: This…
Bitcoin’s price has been doing a bit of a rollercoaster ride lately. It briefly dipped below $100,000 in the last 24 hours before bouncing back up. The price fluctuated between roughly $99,000 and $105,000, showing some potential for minor corrections. A Bull Market Continues But don’t panic! Crypto analyst CryptoCon believes this is just a…
Bitcoin expert Matt Hougan, Chief Investment Officer at Bitwise Asset Management, is incredibly bullish on Bitcoin’s future. He predicts a massive price surge, potentially reaching half a million dollars by the end of 2025. Let’s break down why. Three Key Drivers for Bitcoin’s Growth Hougan points to three main reasons for this predicted boom: ETFs…
Bitcoin just hit a new all-time high of $108,000! What’s next? One analyst, Charting Guy, has some predictions. Bitcoin’s Price Path: $170,000? Charting Guy sees strong similarities between Bitcoin’s current price action and its 2023 performance. He believes Bitcoin is headed for the $110,000-$120,000 range sometime this week or early next week. However, he also…
Bitcoin’s been on a tear lately, and experts are trying to predict just how high it will go. A recent report from Bitfinex offers some interesting insights, based on historical patterns. A Unique Bitcoin Cycle This year’s Bitcoin surge is different. The launch of Bitcoin and Ethereum ETFs has brought in a whole new wave…
Could Bitcoin be about to skyrocket? One analyst thinks so. Following the 2017 Bull Run Analyst Tony Severino sees striking similarities between Bitcoin’s current price action and its 2017 bull run. He believes this could lead to a massive 80% price increase! His analysis, based on Elliott Wave theory, suggests Bitcoin could hit a whopping…
A VanEck expert predicts Bitcoin could hit a whopping $180,000 in 2025, but only if certain market signals stay quiet. Let’s break down why. The Four-Year Bitcoin Cycle Matthew Sigel, VanEck’s Head of Digital Assets Research, sees a pattern in Bitcoin’s price: a strong three-year run after each four-year halving cycle, followed by a significant…
Bitcoin just smashed its previous record, topping $106,000! This has sent shockwaves through the crypto world, and everyone’s buzzing about what it means. A Trump Effect? A big reason for this surge is the recent election of Donald Trump. Many believe his administration will be much friendlier towards cryptocurrencies than the previous one. The appointment…
