Bitcoin Technical Analysis: Higher Lows Signal a Bullish Breakout Beyond $108K

At press time, bitcoin’s market capitalization is $2.03 trillion, and its current price is cruising along at $102,536 to $102,739 in the last hour. Its 24-hour trading volume is $62.38 billion, and its intraday price has fluctuated between $97,532.25 and $102,629. Bitcoin Bitcoin‘s daily chart reveals a period of tight consolidation around the $102,000 mark, … Read more

Bitcoin Market Analysis: Corrections, Key Levels, and Long-Term Trends 

Following Bitcoin’s surge to its $108K all-time high, the market is undergoing a correction, shedding speculative froth while maintaining robust demand. Unrealized losses are primarily concentrated among short-term holders, yet the stress levels in this group remain modest compared to prior market drawdowns. Key Support and Resistance Levels Validated   Recent price movements have validated two … Read more

Altcoin Season Looms as Bitcoin Dominance Declines, Says QCP Capital

Global markets jumped higher after a softer-than-anticipated Consumer Price Index report, with QCP Capital spotlighting noteworthy advancements in both the cryptocurrency space and traditional equities. Market Analysis Says Ethereum and Altcoins Poised for Takeoff as Bitcoin Stabilizes QCP Capital reported that bitcoin climbed 4.13%, touching a peak of $100.8K before settling just shy of the … Read more

Bitcoin Bound for $175,000: Fundstrat Exec Forecasts Unprecedented Climb

In a recent conversation with Fundstrat’s head of digital asset strategy, Sean Farrell, it was posited that bitcoin could climb to $175,000 within the year. This statement came shortly after the firm’s co-founder, Tom Lee, asserted on CNBC that bitcoin is poised to be the top-performing asset of the year. Farrell’s Forecast: Bitcoin to Breach … Read more

Canada’s Goodfood Takes a Stand Against Inflation: Bitcoin Becomes Its Treasury Shield

A publicly traded company on the Toronto Stock Exchange (TSX), Goodfood Market Corp., has announced plans to adopt a bitcoin treasury strategy. The initiative aims to “strengthen its balance sheet and create long term shareholder value.” Canada’s Leading Online Grocer Goodfood Adds Bitcoin to Its Plate in Bold Treasury Strategy The Montreal-based Canadian online grocery … Read more

Wyoming Senator Demands Answers on US Marshals’ Bitcoin Sale Plans

This week, Senator Cynthia Lummis raised concerns about the U.S. Marshals Service’s management of seized bitcoin, calling for transparency and questioning the decision to liquidate nearly 70,000 BTC, worth billions. Government Bitcoin Sale Questioned by Wyoming Senator In a letter addressed to U.S. Marshals Service Director Ronald Davis, Senator Cynthia Lummis scrutinized the agency’s track … Read more