Tag Archives: btcusd

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→

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→

Poland Could Lead With Bitcoin Reserve, Presidential Hopeful Says

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Bitcoin, cryptocurrency, and a strategic Bitcoin national reserve is no longer just a US election issue; it’s now global, with many candidates taking the same sweeping proposal as a flagship policy. Sławomir Mentzen, a Polish politician and chair of the New Hope Party, has recently announced a campaign promise to create a strategic Bitcoin reserve… Continue reading Poland Could Lead With Bitcoin Reserve, Presidential Hopeful Says→

Bitcoin Bulls Aren’t Backing Down: Rally Continues?

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Bitcoin price saw a short-term correction below the $90,000 zone. BTC is now again rising and the bulls could now aim for a move above $94,000. Bitcoin started a fresh increase from the $86,600 zone. The price is trading above $88,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line… Continue reading Bitcoin Bulls Aren’t Backing Down: Rally Continues?→

Bitcoin MVRV Hits Critical Threshold For Profit Taking – What Does This Mean?

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Bitcoin recorded another remarkable price performance in the past week, gaining by 19.16% according to data from CoinMarketCap. The crypto market leader established a new all-time high at $93,434 on Wednesday, as odds of achieving a six-figure market price by year’s end are now higher than before.  Amidst the current market euphoria, CryptoQuant analyst Amr… Continue reading Bitcoin MVRV Hits Critical Threshold For Profit Taking – What Does This Mean?→

Bitcoin Golden Multiplier Ratio: Analyst Says The Party Is Just Getting Started

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Crypto analyst CryptoCon recently alluded to a Bitcoin ‘Golden Multiplier Ratio,’ which he suggested paints a very bullish picture of the Bitcoin price. Based on this, the analyst remarked that the party was just getting started, indicating that the flagship crypto is likely going much higher.  Bitcoin Golden Ratio Multiplier Indicates Price Is Going Higher… Continue reading Bitcoin Golden Multiplier Ratio: Analyst Says The Party Is Just Getting Started→

Bitcoin Projected To Hit $1.5 Million By 2030, Says ARK Invest CEO Cathie Wood

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Cathie Wood, CEO of asset manager and crypto ETF issuer ARK Invest, has long maintained her bullish outlook on Bitcoin, and her recent comments reinforce her optimistic projections for the largest cryptocurrency.  Following Donald Trump’s electoral victory over Vice President Kamala Harris last week and Bitcoin’s recent surge to an all-time high of $93,250, investor… Continue reading Bitcoin Projected To Hit $1.5 Million By 2030, Says ARK Invest CEO Cathie Wood→

Bitcoin Surges Past $93,000 – Can A Breakthrough Unlock New Heights?

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Bitcoin is on the move again, surging toward its previous high of $93,257 with renewed momentum that has triggered excitement among traders. After a period of consolidation, Bitcoin’s latest price action signals a potential breakout that could set the stage for even greater gains. As it inches closer to this critical resistance level, can the… Continue reading Bitcoin Surges Past $93,000 – Can A Breakthrough Unlock New Heights?→

Analyst Says Bitcoin Has Entered The ‘Thrill’ Phase, Here’s What To Expect Next

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Crypto analyst Ash Crypto has revealed that Bitcoin has entered the ‘thrill’ phase. The analyst further explained what to expect from the flagship crypto moving forward, having entered this phase of the bull run.  What To Expect From Bitcoin In ‘Thrill’ Phase In an X post, Ash Crypto revealed that Bitcoin is entering the thrill… Continue reading Analyst Says Bitcoin Has Entered The ‘Thrill’ Phase, Here’s What To Expect Next→

Bitcoin To $800K? Galaxy Digital CEO Unveils Bold 5-10 Year Forecast

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Now that Bitcoin short-term price action remains bullish, driven by US President Donald Trump’s vocal support for crypto, analysts ponder the following question: How will Bitcoin perform in five to 10 years? For Galaxy Digital’s Mike Novogratz, using gold as a benchmark, Bitcoin can hit $800,000 in five to 10 years. In a Bloomberg Television… Continue reading Bitcoin To $800K? Galaxy Digital CEO Unveils Bold 5-10 Year Forecast→