appleandroid
light

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageDecember 31, 2024

Bitcoin Faces Bearish Pressure Below $93K, Targets Below $90K

Bitcoin's price has been struggling to maintain upward momentum, and as the year draws to a close, market sentiment remains cautious, signaling that bearish targets below $90,000 could become a reality. With the annual trading cycle on the brink of completion, the cryptocurrency's rally has slowed considerably, and analysts are predicting that this trend could continue into the start of 2025.
Publisher: The Currency Analytics
Sentiment: Negative
BTC

More News Articles

Positive
cover-imageBenzinga
January 3, 2025

Bitcoin Reclaims $98,000, Dogecoin Explodes, XRP, Ethereum Surge: 'Nothing More Bullish Than BTC Prices Going Up,' Trader Says

Cryptocurrency markets are trading higher on Friday, with Bitcoin prices racing towards reclaiming the $100,000 mark again despite record ETF outflows on Thursday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,729.85 +1.5% Ethereum (CRYPTO: ETH) $3,623.43 +4.7% Solana (CRYPTO: SOL) $216.94 +4.8% XRP (CRYPTO: XRP) $2.47 +3.3% Dogecoin (CRYPTO: DOGE) $0.3771 +11.4% Shiba Inu (CRYPTO: SHIB) $0.00002406 +5.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 20.3% and daily active addresses falling by 0.01%.

Positive
cover-imageCrypto Economy
January 3, 2025

Bitcoin (BTC) Rebounds to $98,000 and the Crypto Market Surges

TL;DR Bitcoin regained $98,000 after overcoming a challenging year-end, solidifying its position as a strong-performing asset in 2024. Political changes in the United States, along with pro-crypto figures in the government, are boosting market optimism for BTC and other cryptocurrencies.

Positive
cover-imageNewsBTC
January 3, 2025

Bitcoin Poised For $150K, Research Signals Massive Growth

Steno Research predicts a fantastic year for cryptocurrencies in 2025, with Bitcoin seen to reach $150,000 and Ethereum potentially hitting an $8,000 value. Related Reading: Shiba Inu 260% Rally: Analyst Sees Classic Bullish Patterns Emerging This projection isn't just speculative; Steno's analysis cites a number of positive economic variables, rising institutional interest, and the growing presence of cryptocurrency ETFs.

Positive
cover-imageCryptonews
January 3, 2025

MARA CEO Suggests Retail Investors ‘Hodl' Bitcoin Long-Term

Thiel also highlights factors driving Bitcoin's future growth, including increased accessibility through major financial institutions, the potential establishment of a US Bitcoin reserve, and a more favorable regulatory environment. The post MARA CEO Suggests Retail Investors ‘Hodl' Bitcoin Long-Term appeared first on Cryptonews.

Neutral
cover-imageYahoo Finance
January 3, 2025

Bitcoin: After record year, can the momentum continue?

While bitcoin (BTC-USD) has hovered around $96,000 in the first several days of 2025 — a pullback from $107,000 in the final weeks of 2024 — BlackRock's iShares Bitcoin Trust ETF (IBIT) saw $333 million in outflows on Thursday. "Crypto tends to move in these kind of momentum cycles.

Negative
cover-imageInvezz
January 3, 2025

BlackRock's Bitcoin ETF experiences record outflow, signaling cooling market

After a year of record-breaking success, BlackRock Inc.'s iShares Bitcoin Trust ETF (IBIT) experienced a significant shift as investors withdrew a net $333 million on Thursday. This marks the largest single-day outflow from the fund since its launch and the third consecutive day of net withdrawals—the longest losing streak for this high-profile investment vehicle.

Next Page 1