Category: Bitcoin (BTC) Price

The ‘Bitcoin Bubble’ Hasn’t Even Started Yet, Says Analyst

The ‘Bitcoin Bubble’ Hasn’t Even Started Yet, Says Analyst

Bitcoin’s price is up a considerable 100% since the lows below $30K a few months back, but one analyst believes that the true “bubble” hasn’t even started yet. According to CryptoQuant analyst who goes by the Twitter handle venturefoundEr, we have yet to see the real BTC bubble. He argues that “bubbles form when the momentum of […]

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Bitcoin Price Analysis: Is BTC Set for New ATH Following the Highest-Ever Weekly Close?

Bitcoin Price Analysis: Is BTC Set for New ATH Following the Highest-Ever Weekly Close?

For the first time in history, we saw Bitcoin closing a weekly candle above $60K. This happened on the back of reports that the first futures-backed BTC ETF would be officially listed, pending no further interference by the SEC. It’s also important to note that the open interest, the funding rates, as well as the […]

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Bitcoin to Reach $250K in 5 Years, Says Morgan Creek’s Mark Yusko

Bitcoin to Reach $250K in 5 Years, Says Morgan Creek’s Mark Yusko

Mark Yusko – Chief Executive Officer at Morgan Creek Capital Management – once again opined that bitcoin’s USD value can skyrocket to $250,000 in the next five years. However, it might have a bumpy ride until reaching that milestone. Better Than Gold The American investor, hedge fund manager, and philanthropist – Mark Yusko – is […]

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After $3K Weekend Correction: Bitcoin Targets ATH Amid Anticipated Futures ETF (Market Watch)

After $3K Weekend Correction: Bitcoin Targets ATH Amid Anticipated Futures ETF (Market Watch)

After the massive price drops below $59,000, bitcoin went on a roll again and added nearly $4,000 of value in hours. Most altcoins have stood behind once more, leading to another increase of BTC’s dominance. BTC Eyes New ATH? The weekend started on a high note following the reports that the first-ever Bitcoin futures ETF […]

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Bitcoin Price Just Had Its Best Weekly Close In History

Bitcoin Price Just Had Its Best Weekly Close In History

Bitcoin prices held above $60K for most of the weekend, but a late Sunday slump threatened to wipe out recent gains. The dip to $59K did not last long, and BTC prices are marching higher again during the Monday morning Asian trading session. The candle closed at $60,856, which is higher than the previous weekly […]

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Bitcoin Consolidates Amid $60K: Fantom (FTM) Spikes 13% (Market Watch)

Bitcoin Consolidates Amid $60K: Fantom (FTM) Spikes 13% (Market Watch)

Following several days of impressive price surges and consecutive multi-month highs, bitcoin has calmed slightly but still stands above $60,000. Most altcoins are also untypically stagnant, with the exception of Fantom, which has surged by 13% in a day. BTC Remains Above $60K The primary cryptocurrency had dipped below $54,000 just four days ago before […]

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After Breaking $60k, Is Bitcoin Set for Correction Before New ATH? BTC Price Analysis

After Breaking $60k, Is Bitcoin Set for Correction Before New ATH? BTC Price Analysis

BTC has been showing strength lately, driven by anticipation of the futures-backed ETF and potential launch early next week. It closed at $61.6k with more than double the daily average volume on Coinbase, showing strong spot buying. Possible Correction for BTC? Although near-term price action has been very bullish with a strong breakout above $52.9k […]

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Bitcoin Tapped $63K Amid Latest ETF Developments: BTC Dominance at 3-Month High

Bitcoin Tapped $63K Amid Latest ETF Developments: BTC Dominance at 3-Month High

The latest developments in the US claiming that a Bitcoin ETF might be just around the corner pushed the cryptocurrency to $63,000 hours ago. Most altcoins have failed to follow their leader north, and the BTC dominance reached a near three-month high. Bitcoin Came $2K Away from ATH On October 13th – just three days […]

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Bitcoin Price Analysis: Amid Rumors of Approval of Futures-Backed ETF, Can BTC Overcome $60K?

Bitcoin Price Analysis: Amid Rumors of Approval of Futures-Backed ETF, Can BTC Overcome $60K?

BTC continues to show strong momentum despite elevated open interest and funding rates, a near-term cautious signal. It appears the anticipation of a futures-backed BTC ETF has fueled the rally towards $60k. After making a strong weekly close above $52.9k, suggesting the bear trap has completed, BTC continued pushing higher into the anticipated resistance zone […]

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Current Bitcoin Rally Driven by Whales, No Big Short Positions Liquidated Yet: Analyst

Current Bitcoin Rally Driven by Whales, No Big Short Positions Liquidated Yet: Analyst

Bitcoin’s price rallied to $60K today for the first time since April. The CEO of a well-known data analytics company revealed that the move has been driven largely by whales and that there haven’t been any big short liquidations yet. This is a Whales World Bitcoin touched $60K for the first time since April 18th […]

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