Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September

Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday.  Although it fell short of its all-time peak of $73,700 in March, the strong performance in September has raised expectations for significant gains as the year draws close. Historical trends suggest that when Bitcoin… Continue reading Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September

Bitcoin Price Could Skyrocket To $118,000 By Year-End: Here’s Why

In an analysis shared on X, Kelly Greer, Vice President of Trading at Galaxy Digital, presents a compelling argument for why the Bitcoin price could surge to as high as $118,000 by the end of the year. Greer’s insights are grounded in a combination of historical performance data, current market dynamics, and broader macroeconomic factors,… Continue reading Bitcoin Price Could Skyrocket To $118,000 By Year-End: Here’s Why

Bitcoin To $80,000, Dogwifhat To $7, And Fantom To $1? Analyst Shares ‘Realistic Targets’

Crypto analyst Wisdom Matic has shared realistic price targets for Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn’t state when exactly it would happen.  Bitcoin, Dogwifhat, And Fantom To Reach These Price Targets Wisdom Matic predicted in an X post… Continue reading Bitcoin To $80,000, Dogwifhat To $7, And Fantom To $1? Analyst Shares ‘Realistic Targets’

Analyst Sees Bitcoin Reaching $8 Trillion Market Cap: What Price Will This Surge Bring?

Bitcoin (BTC) reached a two-month high of $66,500 last Friday, fueled by fresh market liquidity and renewed investor confidence in risk assets following the US Federal Reserve’s (Fed) interest rate cut on September 18.  However, one analyst predicts that the cryptocurrency’s market capitalization and price could grow significantly in the coming years if the current… Continue reading Analyst Sees Bitcoin Reaching $8 Trillion Market Cap: What Price Will This Surge Bring?

US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi

Since their approval in January 2024, Spot Bitcoin ETFs have been steadily gaining traction in the United States, with the issuers buying hundreds of thousands of BTC as their popularity spread. This has led to a large stash of BTC by these issuers as BlackRock leads the charge. Given their buying spree so far, the… Continue reading US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi

Record September Gives Bitcoin 82% Odds For An Ultra Bullish Q4: Analyst

Crypto analyst Astronomer (@astronomer_zero) posits a strong bullish outlook for Bitcoin in the fourth quarter of 2024. Leveraging historical data, Astronomer provides an analysis via X, suggesting an 82% probability of an ultra bullish trend based on the performance of Bitcoin in September. The crypto analyst opens his analysis with an emphasis on the unexpected… Continue reading Record September Gives Bitcoin 82% Odds For An Ultra Bullish Q4: Analyst

Analysts Who Correctly Predicted Bitcoin March ATH Forecasts What Happens Next

10xResearch analysts who had correctly predicted run-up to a new all-time high for the Bitcoin price, something that could mark the beginning of another bull market. Fed’s Rate Cut Triggers Bitcoin Uprising Following the Federal Reserve’s decision to cut interest rates by 0.5 bps earlier in the month, the Bitcoin price has been on a… Continue reading Analysts Who Correctly Predicted Bitcoin March ATH Forecasts What Happens Next

Bitcoin Futures Under Pressure: $64,000 Support Critical To Avert Long Squeeze

With Bitcoin (BTC) hitting a near three-month high of $66,000 on Friday, technical analyst InspoCrypto suggests that the BTC futures market is at a critical juncture, with the potential for further short squeezes and the importance of maintaining support around the $64,000 level. Divergence Despite BTC Uptrend The analyst recently noted in his writing that… Continue reading Bitcoin Futures Under Pressure: $64,000 Support Critical To Avert Long Squeeze

Here’s Who Has Been Driving The Bitcoin Price Recovery Above $65,000

Bitcoin is now trading above the $65,000 price level for the first time in two months, leaving the $63,000 resistance level behind. This interesting increase has seen Bitcoin increase by almost 23% from a September low of $53,400 on September 6, pushing many holders into profitability. According to Santiment, this price action has been mostly… Continue reading Here’s Who Has Been Driving The Bitcoin Price Recovery Above $65,000

MicroStrategy’s Bitcoin Bet Pays Off In Multiple Ways As Stock Surges 317%

MicroStrategy was shot into the limelight when it began publicly buying Bitcoin back in 2020. While it is not the only publicly listed company to do this, the company’s aggressive Bitcoin strategy set it apart from the rest. Four years later, MicroStrategy is now the public company with the largest BTC holdings in the world,… Continue reading MicroStrategy’s Bitcoin Bet Pays Off In Multiple Ways As Stock Surges 317%