Tag: Bitcoin Price

Bitcoin price momentum continues to attract bullish forecasts, with analysts predicting a 15% rally from its current trading value.

On January 8, Bitcoin faced a wave of investor withdrawals, with US-listed spot Bitcoin ETFs recording a massive $569.1 million in outflows.

Bitcoin retail demand indicator Coinbase Premium Index has dropped to its lowest level in a year, signaling heightened selling pressure.

As Bitcoin approaches the end of 2024, its ability to reclaim the $100,000 mark hinges on market sentiment and institutional interest.

Bitcoin price trajectory in 2025 is likely to remain strong, bolstered by robust institutional demand, according to Bitfinex analysts.

Bitcoin rapid ascent towards the $100,000 mark is being met with an increasing wave of selling from long-term holders.

BlackRock's iShares Bitcoin Trust (IBIT) has become the fastest ETF to surpass $50 billion in assets under management (AUM).

Myers explained that the halving has gradually restricted the available Bitcoin for purchase, creating what he calls a “supply shock.”

Bitfinex analysts, in their report titled “Calm Before the Storm?”, have noted that Bitcoin implied volatility has dropped to the low 40s.

Matt Hougan recently suggested that Bitcoin could reach $200,000 without requiring a collapse of the U.S. dollar.

Bitcoin surged past $70,000 for the first time since June 10, marking a milestone fueled by robust inflows into U.S. spot Bitcoin ETFs.

Bitwise’s Jeff Park has predicted a potential Bitcoin rally to $92,000 if Donald Trump secures the U.S. presidency in November.

Bitcoin market dominance has surged to its highest level since April 2021, as it continues to outpace its altcoin competitors.

Tapiero stated that this movement towards putting value on a blockchain transcends any one election, underscoring its global nature.

Analysts attribute this upward movement of Bitcoin to renewed confidence in the U.S. economy and a potential "soft landing."

Zach Pandl, head of research at Grayscale, expects bullish future for Bitcoin adding that investors are hungrier for riskier assets.

Bitcoin is trading around $61,500 during the Wednesday Asian morning hours after dropping as low as $60,300 late Tuesday.

PlanB, the creator of the popular Bitcoin S2F model, is stirring up the crypto world once again with a bold Bitcoin prediction.