Bitcoin took a recent dive, but don’t count it out just yet! One analyst thinks it’s still got a long way to climb. $200,000 Bitcoin: A Realistic Goal? TradingShot, a crypto analyst, predicts Bitcoin could hit a whopping $200,000 this cycle. He acknowledges the recent volatility and points out that this year is likely the…
Bitcoin recently dipped, but some analysts believe the upcoming Trump inauguration is a bullish signal. Let’s break down why. The Case for a Bitcoin Bull Run Despite a recent price drop (from over $102,000 to around $92,000), several analysts are betting on Bitcoin’s rise following Trump’s inauguration. Their reasoning centers around a few key points:…
Bitcoin’s price has been a wild ride lately. After hitting almost $107,000, it’s tumbled down to around $94,550. So, what’s the deal? Is this just a temporary dip, or is a bigger correction on the way? Is $92,000 the Floor? CryptoQuant analyst Shayan thinks the $92,000 mark is a crucial support level for Bitcoin. If…
Bitcoin took a nosedive below $100,000, leaving many wondering what’s in store. Let’s break down the situation according to a crypto analyst’s recent assessment. Key Price Levels to Watch Analyst Ali Martinez points out that Bitcoin’s recent price action broke a key technical pattern (a “Head and Shoulders”), initially looking bullish, but quickly reversed. The…
A CEO is making waves by comparing Bitcoin to the S&P 500, suggesting it’s becoming the go-to benchmark for younger investors. Let’s dive into why. Bitcoin as a Benchmark for a New Generation Anthony Pompliano, CEO of Morgan Creek Digital, argues that Bitcoin is playing a similar role for millennials and Gen Z as the…
Binance founder Changpeng Zhao (CZ) thinks Bitcoin hitting $100,000 is just the beginning. He recently tweeted that the $100,000 mark is “boring,” implying Bitcoin’s price will climb much higher. Bitcoin’s Recent Surge Bitcoin briefly touched $100,000 earlier this year, a significant recovery after a dip below that level in December. CZ’s comment followed this recovery,…
Trump’s recent criticism of high interest rates has experts wondering about the potential impact on Bitcoin and other assets. His comments, made shortly before his inauguration, suggest a possible shift in US monetary policy. History Repeating Itself? Some analysts see parallels between Trump’s current statements and his 2017 rhetoric. Back then, he criticized a “too…
Bitcoin started 2025 with a bang, briefly topping $100,000 for the first time in weeks. But this rally wasn’t without its caveats. A Dip Below Six Figures After hitting a high of $102,760, Bitcoin experienced a correction, falling back below the $100,000 mark. At the time of writing, it’s trading between $96,000 and $102,000, with…
Bitcoin’s supply is getting squeezed, and it’s happening fast. Demand from US Bitcoin ETFs is way higher than anyone expected, creating a serious imbalance between how much Bitcoin is being bought and how much is being mined. ETF Buying Spree: A Supply Shock in the Making? In December 2024, the story was shocking. US Bitcoin…
Bitcoin’s price action has analysts buzzing, with some suggesting the bull market might be nearing its end. Let’s dive into what some experts are saying. A Red Flag for Bitcoin? Crypto analyst Tony Severino points to the Bitcoin Percentage Price Oscillator (PPO). He says the weekly PPO just turned red after hitting the $102,000 mark….
