Bitcoin’s Valuation Model Hints At $500K Cycle Average, Analyst Says

Bitcoin is trading near $67,300, well off its recent high of $74,000. One well-known analyst says that dip barely matters — he’s looking at a cycle average closer to half a million dollars. A Model Built On Scarcity PlanB, the pseudonymous analyst behind the Stock-to-Flow model, says Bitcoin’s price during the current 2024–2028 halving cycle… Continue reading Bitcoin’s Valuation Model Hints At $500K Cycle Average, Analyst Says

Bitcoin Price Just Hit A 15-Year Trendline After The Crash, What This Means

Crypto analyst Coinvo has revealed that the Bitcoin price has just hit a 15-year trendline following its latest crash to around $70,000. He declared this a buying opportunity, noting that the trendline has historically held on four prior occasions in past cycles.  Bitcoin Price Hits 15-Year Trendline Against Gold In an X post, Coinvo stated… Continue reading Bitcoin Price Just Hit A 15-Year Trendline After The Crash, What This Means

Why The Bitcoin Price Might Never Drop Below $100,000 Again

Crypto analyst PlanB has explained why the Bitcoin price may never drop below $100,000 again. This comes as market participants continue to speculate on whether the flagship crypto could fall below this psychological level if a full-blown bear market were to occur.  Bitcoin Price Has Likely Turned $100,000 Into Support PlanB stated in an X… Continue reading Why The Bitcoin Price Might Never Drop Below $100,000 Again

Bitcoin Marks 114 Weeks In Active Buy Signal On The SuperTrend Weekly, But Things Could Turn Bad If This Happens

Crypto analyst Tony Severino has provided an update on the Bitcoin price action. The flagship crypto is now eyeing a bullish reversal, but the analyst warned of how things could still go wrong for BTC and mark the end of the bull run.  Bitcoin Marks 114 Weeks In Active Buy Signal In an X post,… Continue reading Bitcoin Marks 114 Weeks In Active Buy Signal On The SuperTrend Weekly, But Things Could Turn Bad If This Happens

Bitcoin Stock To Flow Model Reveals $500,000 Price Target

According to data from CoinMarketCap, Bitcoin (BTC) has gained by 0.66% in the past 24 hours with its market price now hovering close to $77,000. This slight price increase compounds an impressive performance in the last month during which BTC’s value has risen by 27.82%.  As the crypto bull season appears to be kicking off,… Continue reading Bitcoin Stock To Flow Model Reveals $500,000 Price Target