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CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?

Bitcoin

Ki Young Ju, CEO of cryptocurrency analysis firm CryptoQuant, has given an ultra-bullish prediction for Bitcoin. The crypto founder alluded to certain factors that could spark the flagship crypto’s rise to such heights.  Bitcoin Could Rise To As High As $265,000 Young Ju mentioned in an X (formerly Twitter) post that “Bitcoin’s network fundamentals could…

CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious? Read More »

Analyst Narrows Down Timeline For Bitcoin Peak This Bull Cycle

Bitcoin

Rekt Capital a popular cryptocurrency expert has Bitcoin Halving event. Bitcoin Peak On The Horizon Today, May 9, BTC’s price witnessed a drop below the $61,000 price level, demonstrating a potential move on the downside. However, Rekt Capital is unshaken by this move as he believes the more Bitcoin consolidates between current price levels and…

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Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?

Bitcoin

Movement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases. Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning.  According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each…

Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000? Read More »

Bitcoin Bears Keeps Pushing, Why BTC Could Turn Bearish Below $60K?

Btc

Bitcoin price extended losses and traded below the $62,500 zone. BTC is showing bearish signs and might turn bearish if it settles below $60,000. Bitcoin followed a bearish path and traded below $62,500. The price is trading below $63,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with…

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Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains

Bitcoin News

The CEO of analytics firm CryptoQuant has explained how the Bitcoin network fundamentals could support a market cap three times the current size. Bitcoin Hashrate/Market Cap Ratio Could Reveal Ceiling For Cycle In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about what the network fundamentals could reveal about…

Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains Read More »

Fundstrat CEO Predicts When Bitcoin Price Will Reach $150,000 And $500,000

Bitcoin

Thomas Jong Lee, the Chief Executive Officer (CEO) of Fundstrat, an independent financial research boutique, has maintained a bullish stance on Bitcoin. The financial analyst has predicted that the world’s largest cryptocurrency could surge massively, doubling its current price to reach $150,000 during the 2024 crypto market cycle.  Bitcoin Could Go Parabolic In 2024 During…

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Bitcoin Suffers Massive Outflows Amid Crypto Market Uncertainty, Tops $284 Million

Bitcoin

The recent unimpressive price action of Bitcoin is playing out in the minds of institutional investors, with recent data highlighting their bearish sentiment. This has led to a wave of massive outflows from  Bitcoin investment products, which could negatively impact the flagship crypto.  Bitcoin Investment Products Record $284 Million Of Outflows CoinShares revealed in a…

Bitcoin Suffers Massive Outflows Amid Crypto Market Uncertainty, Tops $284 Million Read More »

Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off

Bitcoin

Mike McGlone, Senior commodity strategist at Bloomberg Intelligence, has made a rather pessimistic prediction for Bitcoin, emphasizing that the cryptocurrency’s potential rise to $150,00 was a long shot. The strategist has revealed factors that could make Bitcoin’s projected surge to $150,000 difficult, highlighting both macroeconomic trends and Bitcoin’s performance in 2024.  Bitcoin Surge To $150,000…

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Bitcoin Local Bottom In? Analyst Offers Insights

Bitcoin

In an ever-evolving world of cryptocurrency markets, deciding the bottom of Bitcoin price correction is an endeavor that attracts interest from both investors and analysts. Joining the fray is cryptocurrency analyst and trader MilkyBull offering insights on the subject, claiming that Bitcoin’s local bottom has developed due to a certain development. Following its weekend recovery…

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