Bitcoin (BTC) Establishing Foundation for Fresh Surge to Record Highs, Says Trader Who Predicted 2021 Market Peak
Bitcoin Analysts Predict Potential Upswing Experts known for their timely insights into Bitcoin believe that BTC may be gearing up for a significant price increase. Analyst Dave the Wave, who has a following of 153,600 on social media platform X, mentioned that Bitcoin might trade sideways for a while. However, if it surpasses resistance at […]
Will Bitcoin Rise to $130,000 Next? Insights from the Wave Count
Bitcoin Price Analysis and Predictions After a week of fluctuating prices, Bitcoin has found its way back to a familiar point around the $106,000 mark. Yet, investors seem to be holding their breath, as the Crypto Fear & Greed Index currently indicates a neutral stance, according to on-chain data. On another note, an analysis of […]
Double Success: Dogwifhat Rises 24% as Bitcoin Reaches $107K
Dogwifhat Sees 24% Surge Amid Bitcoin’s Rally Recent data indicates that Dogwifhat (WIF) has experienced a notable increase of 24% in just 24 hours, now trading above $0.85, thanks to Bitcoin’s rise past $107,000. Traders noticed a swift recovery from earlier lows of about $0.72. The number of active wallets for WIF has surged by […]
Quant Analyst States Global M2 Cannot Forecast Bitcoin Price
Critique of Bitcoin Pricing Model by Raoul Pal Raoul Pal, CEO of Co-Founders-Co-Founder-Real Vision at hedge fund 21st Capital, has drawn attention to a popular Bitcoin pricing model, labeling it as a “textbook case” of issues like data illiteracy and overfitting. This model presents a close relationship between Bitcoin and Global M2, which measures the […]
Open Bitcoin ETF inflows indicate that BTC has become a macro asset.
Key takeaways: Research from Avenir Group and GlassNode indicates that much of the recent influx into spot Bitcoin (BTC) ETFs appears to come from long-term institutional interest, rather than quick trading strategies. Bitcoin is increasingly aligning with traditional macroeconomic assets, showing strong correlations with stocks, gold, and liquidity cycles, while inversely tracking the US dollar […]
Bitcoin supporters ‘dominate’ as BTC price rises to $108K
Bitcoin’s Market Movements and Geopolitical Tensions Key Points: Bitcoin is expected to reach a liquidity grab at $108,000, reflecting a response to market shorts. The price target suggests a potential return to its previous all-time high in the near future. Geopolitical issues have shifted focus back to the Russia-Ukraine conflict as tensions in the Middle […]
SoFi Is Returning to Cryptocurrency, Beginning with Bitcoin and Ethereum
Simply Put Financial services company Sofi is now facilitating Bitcoin and Ethereum transactions for its users. Although Sofi initially offered cryptocurrency buying and selling, it halted these services in 2023. In the coming year, the company is expected to introduce support for stablecoins, cryptocurrency loans, and additional features. Based in San Francisco, Sofi plans to […]
XRP Related to Ripple Reflects Positive Bitcoin Pattern
Daily Technical Analysis of XRP Market Picture a ship struggling in a storm, tossed around by turbulent waves. It’s chaos, and yet, underneath it all, there’s a sense of resilience. Just like that ship, the market often shows us the unpredictable nature of trading. Currently, in the XRP market, things seem a bit rocky. A […]
Athena Bitcoin Allows Early Investors to Sell Their Shares
Simply put The filing has registered 473 million shares for resale by early investors, insiders, and former employees. Athena intends to list on a higher OTC tier but hasn’t provided a timeline or operational updates. The company first made headlines with the rollout of Bitcoin ATMs in El Salvador. Athena Bitcoin Global, a US-based operator […]
Anthony Pompliano’s cryptocurrency project purchases $386 million in Bitcoin.
Procap Acquires Bitcoin Ahead of Public Launch Procap, a venture led by crypto entrepreneur Anthony Pompliano, has recently made its first Bitcoin purchase, just days after announcing plans for going public later this year. On Tuesday, Bitcoin financial services firm Procap BTC revealed that it bought 3,724 BTC for approximately $386 million. As of now, […]