Tag Archives: btc

Bitcoin Set To Gain If Trump Wins, JPMorgan Cites ‘Debasement Trade’ As Key Factor

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According to JPMorgan analysts, a win for the Republican US presidential candidate Donald Trump could further fuel Bitcoin (BTC) price momentum. Retail Investors Turn To Bitcoin For ‘Debasement Trade’  In a recent client note, analysts at JPMorgan suggested that a Trump win might provide ‘additional upside’ for both BTC and gold, as retail investors increasingly… Continue reading Bitcoin Set To Gain If Trump Wins, JPMorgan Cites ‘Debasement Trade’ As Key Factor→

Bitcoin Price Takes a Sharp Dip: Is This Just a Correction?

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Bitcoin price is correcting gains from the $73,500 zone. BTC is back below the $70,000 level and showing a few bearish signs. Bitcoin started a fresh decline from the $73,500 zone. The price is trading below $71,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with… Continue reading Bitcoin Price Takes a Sharp Dip: Is This Just a Correction?→

BlackRock’s Bitcoin ETF Reaches 2% Of Total BTC Supply Amid Record Inflows

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On Wednesday, BlackRock, the world’s largest asset manager, achieved a significant milestone in the Bitcoin ETF market, recording the largest inflows since the inception of these investment funds in January.  Bitcoin ETF Demand Soars Ahead Of US Presidential Election According to Bloomberg, approximately $872 million flowed into BlackRock’s iShares Bitcoin Trust on Wednesday, marking a… Continue reading BlackRock’s Bitcoin ETF Reaches 2% Of Total BTC Supply Amid Record Inflows→

Bitcoin Faces Fifth Consecutive Rejection At $72,000, Is Another Correction Coming?

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Ahead of its monthly close, Bitcoin (BTC) has seen another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the drop, some analysts consider the cryptocurrency is still in a strong position for an upcoming breakout, setting the next levels to watch. BTC’s Sweet 16 Party Turns Spooky Bitcoin, the largest cryptocurrency… Continue reading Bitcoin Faces Fifth Consecutive Rejection At $72,000, Is Another Correction Coming?→

Bitcoin Price To New ATH Soon? Analyst Who Called $72,000 Surge Reveals What Needs To Happen

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Crypto analyst Ali Martinez has revealed what needs to happen next for the Bitcoin price to surpass its current all-time high (ATH) of $73,700. The analyst had rightly predicted the recent price rally to $72,000 but warned back then that the flagship crypto won’t hit its ATH instantly.  How The Bitcoin Price Can Reach New… Continue reading Bitcoin Price To New ATH Soon? Analyst Who Called $72,000 Surge Reveals What Needs To Happen→

Institutional Traders Bet On Bitcoin Exceeding $79,300 By End Of November

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Institutional traders are betting that Bitcoin will surge to $79,300 by the end of November. This bullish sentiment is evident in recent trading activities on the Chicago Mercantile Exchange (CME), where Bitcoin options have experienced some of their highest trading volumes ahead of the US presidential election. Bitcoin To Rise Above $79,300? Joshua Lim, co-founder… Continue reading Institutional Traders Bet On Bitcoin Exceeding $79,300 By End Of November→

Bitcoin Price Forecast: Analyst Says Expect 98% Crash After Blow Off To $250,000, Here’s Why

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A crypto analyst has forecasted a 98% Bitcoin price crash following a substantial rally to $250,000. Interestingly, the analyst is confident that Bitcoin will eventually reach this ambitious quarter-million-dollar target. However, they caution that once profits are taken at this top, Bitcoin could decline significantly to new lows.  Bitcoin Price Projected To Crash 98% On… Continue reading Bitcoin Price Forecast: Analyst Says Expect 98% Crash After Blow Off To $250,000, Here’s Why→

Analyst Claims Ethereum ‘Is Not Dying,’ Bitcoin Surge No Threat To Ether

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This week has witnessed remarkable growth in the global cryptocurrency market, spearheaded by Bitcoin. Today, the total market capitalization of the cryptocurrency market stands at $2.44 trillion, an increase of 1.61% from the previous day. Most of the digital assets are in the green zone meaning that their prices are rising and the outlook of… Continue reading Analyst Claims Ethereum ‘Is Not Dying,’ Bitcoin Surge No Threat To Ether→

Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today

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US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March.  This comes as investor sentiment appears to be buoyed by speculation surrounding a potential victory for Republican candidate Donald… Continue reading Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today→

Bitcoin Price Targets Fresh ATH: Will It Make History Again?

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Bitcoin price is consolidating above the $72,000 zone. BTC is showing positive signs and might soon aim for a new all-time high. Bitcoin started a fresh increase above the $71,000 zone. The price is trading above $71,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at… Continue reading Bitcoin Price Targets Fresh ATH: Will It Make History Again?→