Bitcoin 3-year chart pattern nears breakout point as analyst expects 312% ROI
Bitcoin could be at the precipice of another parabolic rise, which may lead to a price target of $260,000 by the end of 2024. Go to Source
Bitcoin Price
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Bitcoin millionaires surge 111% in a year amid crypto rally
There are now 85,400 Bitcoin millionaires, more than double the amount from last year. Go to Source
Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling. Go to Source
Bitcoin poised for breakout as US money market funds reach $6.2 trillion
Bitcoin could be on track to a September breakout to new record highs, but it faces significant resistance around $65,000. Go to Source
Crypto investment products see largest inflows in 5 weeks
The Bitcoin price increased 8% amid BTC investment products seeing $543 million in inflows last week. Go to Source
3 reasons why Bitcoin price could hit $68K in September
Bitcoin’s technical setup and onchain data hint at a short upside recovery in the making. Go to Source
Bitcoin ‘parabolic’ rally may start in Q4, according to historical price data
Q4 could be a blockbuster moment for Bitcoin price as a multi-year historical price trend holds up. Go to Source
2 key Bitcoin metrics signal steady bull cycle — ‘No bubble’ in sight
The metrics suggest that Bitcoin is unlikely to be overvalued at current levels and its price action is developing “steadily without significant anomalies or sharp jumps.” Go to Source
Bitcoin demand sharply declined since April — CryptoQuant
The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States. Go to Source
3 reasons why Bitcoin won’t be ‘boring’ in September
While Bitcoin failed to close above the $60K psychological level on the weekly chart, the long-term holders (LTHs) continue to adopt a bullish strategy in 2024. Go to Source