Tag Archives: btcusd

Bitcoin Price on the Rise: Is There More Fuel for the Rally?

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Bitcoin price is consolidating gains near the $91,000 zone. BTC is holding gains and might soon aim for more upsides above the $94,000 level. Bitcoin started a fresh increase above the $91,000 zone. The price is trading above $91,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with… Continue reading Bitcoin Price on the Rise: Is There More Fuel for the Rally?→

Bitcoin Closing In On $100K: The Case For A Future Valuation Of $1 Million

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Since November 5, the day President-elect Donald Trump secured another term in office, Bitcoin has experienced a remarkable uptrend, reaching a new all-time high of $93,300.  Since then, BTC has been trading within a narrow range between $89,000 and $92,000, positioning for a potential move toward the $100,000 milestone. This raises an intriguing question whether… Continue reading Bitcoin Closing In On $100K: The Case For A Future Valuation Of $1 Million→

Here’s Why The Bitcoin Price Could Surge To $138,000 Before Recording A 30% Crash

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Crypto analyst Ali Martinez has provided insights into what the Bitcoin price trajectory could look like in the coming weeks. Interestingly, the analyst predicted that Bitcoin could rally to $138,000 and then experience a 30% price crash.  Why Bitcoin Could Rise To $138,000 And Crash After In an X post, Martinez alluded to historical trends… Continue reading Here’s Why The Bitcoin Price Could Surge To $138,000 Before Recording A 30% Crash→

Bitcoin Reaches New High Of $94,000: Blockstream CEO Anticipates $1 Million Ahead

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Bitcoin (BTC) has achieved a historic milestone, reaching $94,000 for the first time, fueled by a significant uptrend since November 5, the day President-elect Donald Trump secured his re-election. Trump’s promise to bring regulatory clarity to digital assets has ignited a strong rally, with BTC recording a 40% increase in just two weeks. ‘Prepare For… Continue reading Bitcoin Reaches New High Of $94,000: Blockstream CEO Anticipates $1 Million Ahead→

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 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 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?→