Market analysts, including Arthur Hayes, have warned of deep short-term price corrections before Bitcoin establishes a new all-time high.

El Salvador now holds more than 6,000 Bitcoin, reaching this milestone after adding another BTC on Dec. 29. The country's Bitcoin (BTC) treasury now stands at 6,000.77 BTC, valued at approximately $561.

Bitcoin's price has failed to continue its upward momentum, since dropping below the $100K resistance level. This has led to a lot of uncertainty surrounding the future price action.

Though the month isn't quite over yet, bitcoin miners have already outperformed their November earnings, amassing $1.33 billion in December with two days still on the clock. Bitcoin Ends the Year With Record Hashrate and Higher Revenue This uptick in revenue has been fueled by stronger bitcoin prices, but there's a twist.

In an exciting development, Bitcoin may finally be undergoing a market rebound according to a recent prediction by crypto analyst Ali Martinez. However, the premier cryptocurrency finds itself in a critical price zone, which holds significant implications for both bullish and bearish market outcomes.

Microsoft co-founder Bill Gates once voiced his doubts about Bitcoin (CRYPTO: BTC), stating that he would bet against the cryptocurrency if given the opportunity. What Happened: During an interview in 2018, Gates criticized Bitcoin's lack of productivity as an asset class.

As the inauguration of Donald Trump approaches on January 20, 2025, observers are closely examining his economic policies, particularly their potential impact on bitcoin. According to Ki Young Ju, founder of CryptoQuant, Trump's policies may depend on the balance between dollar supremacy and the opportunities presented by cryptocurrencies.

The prospect of the United States incorporating Bitcoin into its financial reserves remains highly debated.

Bitcoin could reach between $150,000 and $400,000 by 2025, according to a report by Blockware Solutions. The projections depend on several key factors: the policy of the U.S. Federal Reserve, corporate adoption, and the potential strategic reserve of bitcoins under Trump.

Bitcoin is currently navigating a volatile phase, consolidating below the $100,000 mark after failing to hold it as a key support level. This recent setback has sparked uncertainty among investors, but the future still looks promising.

Neur.sh and Would rally as the overall crypto market struggles to stay bullish in the final days of 2024. According to CoinMarketCap data, the global crypto market cap stands at $3.33 trillion, with a 1.

With the crypto market's valuation sitting at $3.33 trillion and bitcoin holding steady above the $90,000 range for a cumulative 43 non-consecutive days, an intriguing trend has emerged—vintage crypto wallets have started stirring after years of inactivity.

A closely followed crypto analyst is predicting where the price of Bitcoin (BTC) and Solana (SOL) will peak during the current market cycle.

El Salvador's Bitcoin reserve surpasses 6,000 BTC, valued at $569.3 million. The country ranks sixth globally in Bitcoin holdings, trailing only major nations like the US and China.

Bitcoin automated teller machines (ATMs) in Australia have been increasing, maintaining a 29-month streak. According to reports, the figure is presently challenging Europe, one of the places with the highest number of Bitcoin ATMs.

A bullish timeline from top analysts suggests Bitcoin could reach $140,000 within months. Strong technical patterns, increased buying pressure, and investor sentiment point toward a major rally for the flagship cryptocurrency.

Q4 BTC price returns rival 2023 despite the potential for snap volatility as Bitcoin closes its yearly candle.

As Bitcoin investors eye a potential “January effect,” where financial assets often rally as portfolios are reset, crypto.news takes a look at recent headlines as part of our weekly recap.

According to Blockchain data tracker Whale Alert, a dormant Bitcoin address containing 357 BTC, currently valued at nearly $34,070,177, has been activated after 11 years of inactivity.

Bitcoin price has moved into a technical correction and found support at the 50-day moving average. Bitcoin (BTC) retreated to $94,830, down by over 12% from its highest level this month as the Santa Claus rally failed to materialize.

In the global financial landscape, few nations dare to adopt a strategy as bold as that of El Salvador. Under the leadership of its president Nayib Bukele, this Central American country is establishing itself as a pioneer in cryptocurrency adoption.

The price of Bitcoin has been in a slight consolidation over the past week, with the premier cryptocurrency struggling to cross the $100,000 mark on Christmas day. However, investors are hoping that the BTC price will gift them one final rally before the close of 2024, and the latest on-chain signals suggest so.

Bitcoin (CRYPTO: BTC) scripted history in 2024, not only breaking the long-held record of $69,000 but also hitting the magical $100,000 milestone. A slew of crucial developments occurred throughout the year, providing strong impetus to the apex cryptocurrency.

Australia has a total of 1,359 Bitcoin ATMs, which is about 3.5% of all crypto ATMs in the world.

Despite short-term weakening on price charts, BTC's long-term outlook appeared positive.

There's been some unusual activity in the Bitcoin (BTC) market this weekend, as in the last two days a new wallet has withdrawn 2,700 BTC, worth about $256.38 million, from Binance, the world's largest cryptocurrency exchange.

As Bitcoin (BTC) struggles to reclaim the $100,000 resistance, a market expert is warning that the asset's momentum above this level might have ended for now, and investors should anticipate a massive crash.

The bitcoin price has been predicted to be just weeks away from a "major" move as fresh bitcoin ETF filings are revealed

Michael Saylor predicts Bitcoin could reach $13M by 2045. Learn how scarcity, growth, and global wealth shifts might drive this bold forecast. The post Can Bitcoin Hit 13M in 21 Years – Michael Saylor Prediction appeared first on Cryptonews.

Dan Morehead, the founder and managing director of Pantera Capital, recently shared a bold, to say the least, vision for the future of Bitcoin (BTC). In a world where 300 million people already use cryptocurrency, he thinks the digital asset story is just beginning and the number of users is going to grow a lot, by even to 5 billion in the next 10 years.

Scottie Pippen, one of the biggest NBA legends, has predicted that the Bitcoin price might hit $1 million.

Bitcoin price is $94,952.42, with a market cap of $1.88T and 0.38% daily growth. RSI is at 45.82, signalling mild bearish momentum below its 14-day average of 51.58.

Peter Brandt, one of the most well-known commodity traders, has decided to dust off his "Hump Slump Bump Dump Pump" chart pattern that he first revealed several years ago.

Any time you see a new opportunity to make money at no or low risk to yourself, it's wise to be wary. However, that isn't the same thing as immediately dismissing it.

A key Bitcoin metric suggested the possibility of a price drop towards $85k again.

Bitcoin continues to grapple with the psychological $100,000 milestone, failing to break above this critical resistance after a retrace from all-time highs. This prolonged stagnation has sparked discussions about a potential correction or deeper retrace as the market awaits confirmation of Bitcoin's next major move.

Spot Bitcoin ETFs in the United States recorded a remarkable $35.66 billion in net inflows in 2024, significantly exceeding early industry projections. The post US Spot Bitcoin ETFs See Over $35B in Inflows in 2024, Ether ETFs Surge to $2.7B appeared first on Cryptonews.

On Dec. 27, pseudonymous crypto analyst HODL15Capital shared a detailed chart on the social media platform X, revealing what they claim to be the top 70 corporate holders of Bitcoin worldwide.

El Salvador has solidified its position as a global Bitcoin leader by becoming the sixth nation to hold over 6,000 BTC. The post El Salvador Becomes Sixth Country to Hold Over 6,000 Bitcoin appeared first on Cryptonews.

SOL and SUI are the top gainers from the larger-cap alts.

On Dec. 28, Eli Nagar, CEO of Bitcoin mining pool Braiins Mining, posted a compelling observation on social media platform X, emphasizing the scale of MicroStrategy's Bitcoin holdings. According to Nagar, MicroStrategy's stash of 444,262 BTC surpasses the amount of Bitcoin expected to be mined in the next halving epoch, projected at 328,125 BTC.

BitGo CEO Mike Belshe says that he's anticipating the tailwinds spurring crypto assets in 2024 will likely continue into 2025. In a new CNBC interview, Belshe says that despite the crypto industry already being bullish on the new pro-crypto administration arriving in Washington D.C.

Based on historical data, research firm K33 predicts crypto may peak around January 17. The firm sees it as an opportunity to lock in gains.

Some analysts raised their concerns that Bitcoin might experience a possible crash which will be driven by the Chicago Mercantile Exchange (CME) gap leading to a huge drop in its price. Since Bitcoin needs to fill in the gap, crypto traders predict it might push the firstborn cryptocurrency near the critical CME gap, suggesting that its price could go as low as $77,000 per coin.

Crypto analyst Jelle has provided a bullish outlook for the Bitcoin price for the remainder of this market cycle. The analyst predicted that the flagship crypto will reach $140,000 and revealed when this price surge could likely happen.

Could 2025 be the year Bitcoin finds its place in global reserves?

The dynamic realm of crypto has concluded yet another week, primarily with attention-nabbing developments witnessed across the industry. Despite soaring market optimism in light of investors expecting a bullish Q4, top cryptocurrency prices have encountered volatility.

The Bitcoin price looks set to enjoy a bullish reversal in January next year, having maintained a tepid price action to close out this year. This bullish outlook for the flagship crypto came as crypto analyst Tony Severino revealed a potential Doji formation, which suggested that BTC could enjoy this uptrend in the new year.