Bitcoin headed for breakout or breakdown? Analysts weigh in
Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode. Go to Source
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Looser Fed policy, global macro trends point to bullish outlook for Bitcoin — Analysts
Bitcoin may be decoupling from concerns about a US recession and aligning more closely with the US dollar’s performance and signs of easing monetary policy, according to ETC Group. Go to Source
Bitcoin $110K setup ‘still in play’ but analysts warn of sub-$40K dip first
Could Bitcoin see a correction below $40,000 before breaking out toward a six-figure valuation? Go to Source
Crypto products hit with $305M outflow amid strong US economic data
CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September. Go to Source
Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high
Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings. Go to Source
Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M
After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday Crypto Slide: Bitcoin Falls, Ether Sinks, and Liquidations Jump The crypto market is in the … Read more
Bitcoin price technicals target $87K by 2025, with one key resistance level in the way
Bitcoin’s price breakout could be delayed until October unless it manages to overcome the key $59.600 resistance. Go to Source
Mt. Gox and US gov’t could introduce $14b Bitcoin selling pressure
Bitcoin’s crabwalk could extend into September, as Mt. Gox and the US government threaten to add nearly $15 billion worth of additional selling pressure. Go to Source
Warren Buffett’s Berkshire Hathaway crosses $1T — nears entire Bitcoin market
Buffett’s profits this year is almost the same as what an average Bitcoin trader has generated in 2024. Go to Source
Can Bitcoin get a green monthly close above $64.3K?
Bitcoin’s summer illiquidity could carry on into September, but lower interest rates could kickstart the real bull market in early 2025, according to analysts. Go to Source