Bitcoin traders don’t expect new highs until the 200-MA becomes support
Bitcoin price trades in a 7-month range, and charts suggest the pattern could culminate with a strong downside move. Go to Source
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WBTC completes shift to multi-jurisdiction custody arrangement
Wrapped Bitcoin currently has a market capitalization of approximately $9.5 billion and a circulating supply of 154,782 tokens. Go to Source
Bitcoin’s drop below $62K shows BTC price remains on ‘delicate ground’
The battle between Bitcoin buyers and sellers continues as BTC price falls closer to a key support level. Go to Source
Peter Brandt’s Bullish Bitcoin Forecast: $135K by 2025, but $48K Is the Line in the Sand
On Wednesday, seasoned trader Peter Brandt shared his long-term perspective on bitcoin, predicting it could reach $135,000 by August or September 2025. This forecast comes with a key caveat: for the projection to hold, bitcoin must stay above a crucial support level of $48,000. Should it drop below this mark, Brandt suggests his current chart … Read more
HBO Documentary Suggests Peter Todd as the Real Face Behind Bitcoin
On Tuesday, Oct. 8, 2024, HBO premiered its highly anticipated documentary “Money Electric,” offering a deep dive into the origins of Bitcoin. Directed by Cullen Hoback, renowned for his work on the Qanon series “Q: Into the Storm,” the film brought together a range of voices from the cryptocurrency space, including developers, early adopters, and … Read more
Microstrategy’s Stock Surges 185% in 2024, Outpacing Bitcoin Holdings
On Tuesday, while bitcoin dipped more than 2% against the U.S. dollar, shares of the business intelligence firm Microstrategy soared over 6% from the day before. The company’s stock has outpaced bitcoin’s performance this year, climbing over 185% since January compared to bitcoin’s 47% increase. Microstrategy’s Stock Climbs 185% Year-to-Date, Other Firms Test the Holding … Read more
Bitcoin follows ‘perfect script’ charting $150K+ all-time high this cycle — Analyst
A veteran trader says Bitcoin is following a “perfect script” that terminates with a potential $150,000 cycle high. Go to Source
Bitcoin Coinbase premium turns negative as BTC price stalls under $63K
Bitcoin price stagnates below $63,000 as on-chain data highlights an uptick in selling activity. Go to Source
Microstrategy Stock MSTR Set to Surge by 64% on Bitcoin Investment Bet, Analysts Say
Microstrategy’s stock is expected to soar by 64%, fueled by its bold bitcoin investment strategy, according to Bernstein analysts. Michael Saylor’s leadership and the company’s vast BTC holdings, valued at $16 billion, have played a pivotal role in its performance. However, challenges such as net losses and bitcoin volatility could complicate this forecast, despite a … Read more
Last week’s Bitcoin dip a ‘healthy realignment,’ lower risk of crash: Bitfinex
Bitcoin’s 9% dip over the last week reduced the likelihood of downside volatility, say analysts from crypto exchange Bitfinex. Go to Source