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The 2024 US presidential election is decided. Donald Trump will get a second term, defeating Kamala Harris. In the midst of election night, the Bitcoin price rose to a new all-time high of $75,407 on Binance. The euphoria is driven by Trump’s big election promises. He wants to establish Bitcoin as a national strategic stockpile,… Continue reading Economist Predicts ‘Blow-Off Top’ For Bitcoin At $123,000 Post-Trump Win
After skyrocketing above $72,000 earlier last week, the Bitcoin price has experienced an unexpected crash below the $70,000 mark ahead of the US Presidential elections. Reports have cited the influence of whales and the upcoming results of the US Presidential elections as catalysts to this price decline. Bitcoin Price Crashes As Market Braces For US… Continue reading Bitcoin Price Crash Below $70,000: What Does It Have To Do With Whales And The US Presidential Elections?
Recent action has seen Bitcoin price retest the $67,000 price level. Particularly, the Bitcoin price declined by about 8.9% in seven days from $73,464 on October 29 to $66,895 on November 4, as many short-term traders exited their positions. At the same time, a few long-term holders also offloaded their Bitcoins, likely to lock in… Continue reading Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000
Less than a day before the polls closed in the United States, crypto analysts continued to offer their two cents on the future of Bitcoin and cryptocurrencies. For example, many Wall Street analysts say wild BTC market prices will continue after the elections. Other analysts and observers have shared their price predictions based on who… Continue reading Bitcoin At $200,000 By 2025? Bernstein Predicts Target Despite Election Impact
The Bitcoin price has posted five consecutive red daily candles since it stopped just short of its all-time high at $73,620 last Tuesday. As a result, the BTC price has fallen by around 7%. This decline is evident on the weekly chart, which shows a major bearish weekly candle – a gravestone doji. Chartered Market… Continue reading Bitcoin Price Poised For $75,000 As Trump-Harris Race Tightens: QCP
Bitcoin bear case scenario that could see the pioneer cryptocurrency decline to $28,000. Bitcoin Bear Case Unveiled In an X (formerly Twitter)bearish scenario for Bitcoin than most analysts have suggested. Basing his bearish scenarios on the cycle theory, Loukas proposes that Bitcoin might be part of the broader 16-year cycle, with the current market marking… Continue reading Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000
The Spot Bitcoin ETFs have become a major headliner recently due to heightened levels of market inflows. According to data from SoSoValue, these ETFs have attracted over $5 billion in investments over the past three weeks coinciding with an impressive Bitcoin price rally of over 23%. However, amidst this euphoria, macro investment researcher Jim Bianco… Continue reading Spot ETFs Fail To Ignite Bitcoin Growth – Analyst
The price of Bitcoin has experienced some instability in the last few hours declining by almost 3%. This negative price action drives more attention to the largest digital asset, especially with the US election fast approaching. While many analysts are now skeptical of Bitcoin’s immediate movements, pro-trader Justin Bennett already issued a cautionary insight into… Continue reading Bitcoin May Slide To $65,000 As Critical Support Level Fails – Details
The Bitcoin price action was marked by ups and downs in the just concluded week, serving as a reminder of the volatile nature of the digital asset. According to price data, Bitcoin has just completed a retest of the downward sloping trendline that has limited its price rallies since March. As analyst EGRAG CRYPTO pointed… Continue reading Bitcoin Completes Retest Phase: Only One Thing Left For A $110,000 Price By December
A top executive of a New York-based global investment firm made an audacious claim that Bitcoin breaching the six-figure price will happen very soon. SkyBridge Capital founder Anthony Scaramucci said that in the next two years, BTC will be traded at $176,000, joining other crypto investors who believed that the oldest cryptocurrency is ripe for… Continue reading Will Bitcoin Hit $176K? Anthony Scaramucci Lays Out His High-Stakes Forecast