Tag Archives: Bitcoin News

Is $135,000 Bitcoin’s Current Ceiling? This Model Says So

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The CryptoQuant founder has shared a model for Bitcoin that suggests the cryptocurrency’s maximum price could lie around $135,000 right now. Bitcoin Model Established On Realized Cap Could Reveal Price Ceiling & Floor In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about a BTC pricing model that’s based… Continue reading Is $135,000 Bitcoin’s Current Ceiling? This Model Says So→

Bitcoin Price Forecast: Fundstrat Sees BTC ‘Comfortably’ Over $100,000 This Year

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Tom Lee, the head of research at independent financial analysis firm Fundstrat, has reiterated his optimistic outlook for the Bitcoin price, predicting that the cryptocurrency is on track to reach the $100,000 mark before the year concludes.  Optimistic Bitcoin Price Outlook In a recent appearance on CNBC’s Squawk Box, Lee discussed the implications of the… Continue reading Bitcoin Price Forecast: Fundstrat Sees BTC ‘Comfortably’ Over $100,000 This Year→

Bitcoin’s Market Is Still In An ‘Healthy Growth’ Phase, Says Analyst—Here’s Why

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Last week, Bitcoin saw consistent upward momentum, leading to the asset breaching multiple resistances to achieve a peak of $93,477 finally. However, ever since, BTC has seen a price decrease and appears to maintain stability above $90,000 while showing signs of controlled market sentiment. Amid this price performance, a CryptoQuant analyst known as G a a… Continue reading Bitcoin’s Market Is Still In An ‘Healthy Growth’ Phase, Says Analyst—Here’s Why→

Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale

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In an announcement today, Japanese firm Metaplanet revealed plans to increase its Bitcoin (BTC) holdings by issuing $11.3 million worth of bonds to fund the purchase. Metaplanet To Increase BTC Holdings Through Bond Issuance The Tokyo-listed company announced on November 18 that its Board of Directors had approved a debt sale with a guarantee worth… Continue reading Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale→

Bitcoin ‘Parabolic Phase Just Begun’, Is BTC Hitting $100,000 This Week?

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Bitcoin (BTC) started the week by breaking out of a bullish pattern after moving sideways for most of the weekend. The flagship cryptocurrency just started its “parabolic phase,” sitting 3.4% below its all-time high (ATH), which could bring “massive moves” for BTC this week. Bitcoin ‘Parabolic Phase’ Just Started Bitcoin has seen a massive surge… Continue reading Bitcoin ‘Parabolic Phase Just Begun’, Is BTC Hitting $100,000 This Week?→

Crypto Analyst Warns of Potential Bitcoin Market Shift as Exchange Reserves Decline

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Bitcoin has recently been on a notable upward trajectory, trading near its new all-time high above $93,000. While this surge has heightened investors’ hope, analysts seem to be paying more attention to a deeper, long-term shift that could impact BTC’s future market price. Market Shift Incoming For Bitcoin According to CryptoQuant analyst KriptoBaykusV2, an evident… Continue reading Crypto Analyst Warns of Potential Bitcoin Market Shift as Exchange Reserves Decline→

Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run?

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On-chain data shows the Bitcoin Hashrate has seen a setback recently, a potential indication that miners may not believe the asset’s run would last. Bitcoin Mining Hashrate Has Declined Since Its All-Time High The “Hashrate” refers to a metric that keeps track of the miners’ total computing power currently attached to the Bitcoin network. This… Continue reading Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run?→

MicroStrategy Makes Record $4.6 Billion Bitcoin Purchase, Largest Yet

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Business intelligence firm MicroStrategy has ramped up its Bitcoin (BTC) investment following President-elect Donald Trump’s victory in the presidential election. This pivotal moment on November 5 has provided a catalyst for the broader crypto market, further encouraging investment in digital assets. Bitcoin Holdings To Over $29 Billion Led by Bitcoin advocate Michael Saylor, MicroStrategy disclosed… Continue reading MicroStrategy Makes Record $4.6 Billion Bitcoin Purchase, Largest Yet→

Bitcoin Demand Outpaces Supply – On-Chain Metrics Reveal Low Seller Volume

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Bitcoin spent the weekend trading within a relatively narrow range of $91,700 to $88,700, demonstrating robust price action. Despite the lack of significant price movement, the consistent ability to hold within this range underscores Bitcoin’s current strength and growing market confidence. Key data from CryptoQuant adds further optimism, revealing a notable reduction in selling pressure.… Continue reading Bitcoin Demand Outpaces Supply – On-Chain Metrics Reveal Low Seller Volume→

Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?

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Bitcoin has maintained its bullish momentum over the weekend, solidifying its position above the $90,000 mark. This milestone showcases Bitcoin’s resilience as it continues to captivate investors with its upward trajectory. The market has been buzzing with optimism as Bitcoin inches closer to new highs. However, recent on-chain data suggests that a potential pullback could… Continue reading Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?→