Analysts eye Bitcoin rally after bullish CPI print
Sustained outperformance may hinge on whether US President-elect Donald Trump implements pro-crypto policies once he takes office on Jan. 20. Go to Source
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Sustained outperformance may hinge on whether US President-elect Donald Trump implements pro-crypto policies once he takes office on Jan. 20. Go to Source
Bitcoin futures markets may still be overheated, and a hotter-than-expected CPI could trigger further drawdowns, Steno said. Go to Source
The company now owns more than $192 million worth of BTC and touts a “Bitcoin yield” of more than 99%, it said. Go to Source
Despite a potential supply-shock-driven rally, Bitcoin currently lacks trading volume to recapture the $100,000 resistance, analysts told Cointelegraph. Go to Source
The $88,000 Short-Term Holder (STH) cost-basis remains a crucial level for assessing Bitcoin’s price direction. According to the Unspent Realized Price Distribution (URPD) metric, there’s a noticeable lack of volume below this level. If Bitcoin falls below the $88,000 cost-basis, it could signal a decisive move to the downside, triggering further price weakness. Futures Market … Read more
According to the SaylorTracker website, MicroStrategy’s Bitcoin holdings are up around 51%, with unrealized gains of over $14 billion. Go to Source
During the initial 12 days of 2025, approximately 756.204 dormant bitcoins (BTC), valued at $71.8 million, have reentered circulation after years of inactivity. This revival occurs as bitcoin is trading 12% below its peak of $108,364, achieved 26 days prior on Dec. 17, 2024. $71M Worth of Sleeping Bitcoin Resurfaces This month has so far … Read more
Bitcoin may experience short-term corrections up to and following the Jan. 20 inauguration of President-elect Trump in the United States. Go to Source
“Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available,” the proposal read. Go to Source
The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say. Go to Source