A massive Bitcoin sale recently shook the market, but the crypto bulls are still confident. A Sleeping Giant Awakens An early Bitcoin investor, holding a huge stash of coins from the early days, decided to sell. Galaxy Digital handled the transaction, moving over 80,000 BTC – worth a staggering $9 billion! This was a significant…
Analyst Ali Martinez is predicting Bitcoin could surge to $130,000, but only if it stays above a key support level. This prediction follows a recent price jump. $110,000: The Make-or-Break Point Martinez’s prediction is based on Glassnode’s MVRV (Market Value to Realized Value) pricing bands. These bands show whether Bitcoin is overvalued or undervalued compared…
Bitcoin’s price recently bounced back after a slight dip, leaving many wondering what’s next. Let’s look at two possible scenarios for the week ahead, as outlined by market analyst KillaXBT. Bitcoin’s Bounce and the CME Gap Bitcoin saw a small price increase, recovering from a recent 4% drop. This bounce happened after the price touched…
Bitcoin’s price has exploded since BlackRock launched its Bitcoin ETF (IBIT), soaring by a whopping 250%! But could those wild price swings be a thing of the past? The End of the Rollercoaster? Bloomberg analyst Eric Balchunas thinks so. He believes that the arrival of spot ETFs and major institutional investors will stabilize Bitcoin’s price,…
Bitcoin’s price has been a bit wobbly lately, bouncing around between $117,000 and $120,000. But a recent drop towards $115,000 has experts worried. One analyst predicts things could get even worse. A Bearish Outlook Aksel Kibar, a market expert, sees Bitcoin heading down to around $109,000. He bases this prediction on a chart pattern called…
Bitcoin recently hit a record high, but things have calmed down a bit. Let’s look at why the $115,000 price point is so important. The $115,000 Support Zone After a record high around $123,000, Bitcoin’s price has been pretty volatile. A dip below $115,000 sparked concerns about the end of the rally. But crypto expert…
A major bank, Citi, is predicting some seriously big things for Bitcoin by the end of 2025. Let’s break down their predictions. Bitcoin’s Price Predictions: A Three-Scenario Outlook Citi’s analysts have laid out three possible scenarios for Bitcoin’s price by the end of 2025: Bearish Case: A weak market could see Bitcoin slumping to around…
Bitcoin recently hit a new all-time high around $123,000, but then things took a turn. The price dropped, and now everyone’s wondering: is this the start of a bear market, or will Bitcoin bounce back? Analyzing the Current Trend Crypto analyst TehThomas has weighed in. They see Bitcoin trading within a defined range, repeatedly rejected…
An Australian investment company, DigitalX Limited, just bought a whole lot more Bitcoin! This shows that big companies are still interested in Bitcoin. A Big Bitcoin Buy DigitalX added 74.7 Bitcoin to its collection. They paid an average of $117,293 per Bitcoin. This brings their total Bitcoin holdings to a whopping 499.8 Bitcoin, worth around…
Bitcoin’s been on a roll lately, but analysts are warning about a potential speed bump. A key resistance level, based on something called the “Power Law,” is looming large. While things are looking good right now, this could mean some serious price swings and periods of sideways movement. The Power Law Resistance: A Technical Look…
