Bitcoin price target is $120K, says analyst as key metric flips bullish
The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025. Go to Source
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The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025. Go to Source
Other key indicators suggest that Bitcoin’s long-term floor price is above $40,000. Go to Source
On Monday, spot bitcoin exchange-traded funds (ETFs) took a substantial hit, with investors pulling out a hefty $541.07 million. Bitcoin ETF Outflows Hit $541 Million on Monday, Ethereum Funds Follow in the Red The 12 spot bitcoin ETFs faced a rough trading day, shedding a hefty $541.07 million in total outflows. Fidelity’s FBTC bore the … Read more
Sebastian Serrano, CEO of the Argentina-based cryptocurrency exchange Ripio, has predicted that bitcoin will reach $1 million by 2030, driven by the rise of U.S. public debt and the devaluation of the U.S. dollar. CEO Believes Bitcoin May Reach $1 Million by 2030 Sebastian Serrano, CEO of Ripio, one of the largest Argentina-based cryptocurrency exchanges, … Read more
Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800. Go to Source
BTC price strength will be back with a vengeance early in 2025, analysis predicts, but the US Presidential Election will bug Bitcoin bulls until Inauguration Day. Go to Source
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes Cartwright, a pension specialist for defined benefit and hybrid schemes, announced a pioneering bitcoin investment in a UK pension … Read more
The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. Go to Source
Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks. Bitcoin as Central Bank Asset? The $3M Target Driving Big Conversations Matthew Sigel, head of digital assets research at asset management firm Vaneck, analyzed bitcoin’s recent rise in an interview … Read more
Bitcoin’s rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market volatility from the upcoming U.S. election. Bernstein’s $200K Bitcoin Target Faces a Trump-Harris Showdown Analysts at Bernstein, a major global research and investment management firm, have reiterated their long-term forecast for bitcoin, projecting a price of $200,000 by late … Read more