Tag Archives: BTC news

CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?

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Ki Young Ju, CEO of cryptocurrency analysis firm CryptoQuant, has given an ultra-bullish prediction for Bitcoin. The crypto founder alluded to certain factors that could spark the flagship crypto’s rise to such heights.  Bitcoin Could Rise To As High As $265,000 Young Ju mentioned in an X (formerly Twitter) post that “Bitcoin’s network fundamentals could… Continue reading CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?→

Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?

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Movement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases. Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning.  According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each… Continue reading Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?→

Fundstrat CEO Predicts When Bitcoin Price Will Reach $150,000 And $500,000

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Thomas Jong Lee, the Chief Executive Officer (CEO) of Fundstrat, an independent financial research boutique, has maintained a bullish stance on Bitcoin. The financial analyst has predicted that the world’s largest cryptocurrency could surge massively, doubling its current price to reach $150,000 during the 2024 crypto market cycle.  Bitcoin Could Go Parabolic In 2024 During… Continue reading Fundstrat CEO Predicts When Bitcoin Price Will Reach $150,000 And $500,000→

Bitcoin Suffers Massive Outflows Amid Crypto Market Uncertainty, Tops $284 Million

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The recent unimpressive price action of Bitcoin is playing out in the minds of institutional investors, with recent data highlighting their bearish sentiment. This has led to a wave of massive outflows from  Bitcoin investment products, which could negatively impact the flagship crypto.  Bitcoin Investment Products Record $284 Million Of Outflows CoinShares revealed in a… Continue reading Bitcoin Suffers Massive Outflows Amid Crypto Market Uncertainty, Tops $284 Million→

Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off

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Mike McGlone, Senior commodity strategist at Bloomberg Intelligence, has made a rather pessimistic prediction for Bitcoin, emphasizing that the cryptocurrency’s potential rise to $150,00 was a long shot. The strategist has revealed factors that could make Bitcoin’s projected surge to $150,000 difficult, highlighting both macroeconomic trends and Bitcoin’s performance in 2024.  Bitcoin Surge To $150,000… Continue reading Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off→

Why Is The Bitcoin Price Falling Today?

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Bitcoin (BTC) has experienced a price slowdown, having recently recovered above $60,000. This tepid price movement is believed to be due to a couple of factors, including the reduced demand for the Spot Bitcoin ETFs.  Spot Bitcoin ETFs Have Lost Their Spark The Spot Bitcoin ETFs recorded billions of dollars in net inflows in the… Continue reading Why Is The Bitcoin Price Falling Today?→

Here’s Why This Crypto Analyst Believes Bitcoin Is At A ‘Prime Buy Zone’

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recent price recovery, with the crypto token skyrocketing above $64,000.  Bitcoin Is Still In A “Prime Buy Zone” Martinez mentioned in an X (formerly Twitter) post that Bitcoin’s Market Value to Realized Value (MVRV) 90-day ratio indicates that it is still in a “prime buy zone” despite its recent price surge from $57,000 to $64,000.… Continue reading Here’s Why This Crypto Analyst Believes Bitcoin Is At A ‘Prime Buy Zone’→

Bitcoin Relative Strength Jumps To 40%: 10x Research Reveals Next Steps From Here

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Crypto research platform 10x Research recently noted that the Bitcoin Relative Strength has jumped to 40%. In line with this, they provided insights into what major moves the flagship crypto might make soon enough.  What Next For Bitcoin? In their newsletter titled “Fake Dip?” 10x Research drew the crypto community’s attention to the fact that… Continue reading Bitcoin Relative Strength Jumps To 40%: 10x Research Reveals Next Steps From Here→

Analyst Says Bitcoin Price Is Headed To $90,000, Here’s Why

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Bitcoin is now at a critical junction, which many determine its price trajectory for the rest of the year. The crypto has managed to return into $60,000 territory after dropping down to $56,000 for the first time since April. Some analysts are of the notion that the Bitcoin bulls haven’t actually started on their momentum… Continue reading Analyst Says Bitcoin Price Is Headed To $90,000, Here’s Why→

Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon

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Crypto expert Michaël van de Poppe has made a bullish case for Bitcoin as he alluded to macroeconomic factors that could soon play out in the flagship crypto’s favor. In line with this, he urged Bitcoin investors to take action with a parabolic surge on the horizon.  An Imminent Quantitative Easing Would Be Good For… Continue reading Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon→