Bitcoin (BTC) and Ethereum (ETH), the leading cryptocurrencies, are once again capturing attention with their remarkable price movements. Analysts believe Bitcoin has entered a new parabolic phase that could stretch across 300 days, while Ethereum has broken out of a bullish pattern, setting its sights on significant price gains.
Bitcoin edges closer to $100,000, but the overbought RSI and elevated SOPR levels suggest a correction.
The price of Bitcoin (BTC) rose by 7.99% in the past week to reach a new all-time high of $99,655 on November 22. Thereafter, the maiden cryptocurrency has experienced a slight retracement in the past 48 hours falling to around $98,200.
Even though Bitcoin dipped below $97,000, GOUT and Hasbulla's Cat token have showcased a three-digit price surge in the last 24 hours. Interestingly, the price pump comes amidst the slight pullback of Bitcoin's (BTC) price.
Bitcoin sellers, whether genuine or not, are refusing to allow a $100,000 BTC price milestone.
This new reality of Bitcoin is transforming the financial landscape, giving traders cold sweats and low profits.
The cryptocurrency market is gaining momentum, with leading analyst Ali Martinez sharing optimistic forecasts for three major digital assets: Binance Coin (BNB), Bitcoin (BTC), and Shiba Inu (SHIB). His analysis points to substantial gains, provided these assets clear critical resistance levels.
The price of the largest cryptocurrency, Bitcoin (BTC), recently enjoyed a remarkable rally that pushed its price as high as $99,860 on major U.S. exchange Coinbase. However, the euphoria may be short-lived as financial expert and popular TV host Jim Cramer has stepped into the picture with a rather bullish attitude.
The price of Bitcoin has somewhat cooled off, struggling to reach the highly-coveted $100,000 mark, after an intense bullish run all week long. However, investors appear to be undeterred by the sluggish price action of the premier cryptocurrency in the past few days.
Bitcoin's open interest has skyrocketed to an incredible $70 billion, setting a new record for derivatives activity. This spike in open interest indicates that there is more market activity and that traders are setting up for big price movements.
The Bitcoin giant is faltering, and the altcoins, previously relegated to the sidelines, are making a thunderous entry onto the crypto scene.
XRP has achieved a major technical pattern in its Bitcoin (BTC) pairing, forming a golden cross. This technical pattern, often seen as a bullish signal, occurs when a short-term moving average crosses above a long-term moving average.
When BTC hit 'extreme greed' levels of 94 in November 2020, it dropped by 20% by February 2021.
Bitcoin dominance hits 50% while BTC nears $100K. Will Christmas 2024 trigger altcoin season? Explore key levels, technical analysis, and market outlook. The post Bitcoin Dominance Topped In December Last Cycle – Can Christmas 2024 Start Altcoin Season appeared first on Cryptonews.
The OECD's Cryptoasset Reporting Framework may signal ChokePoint 3.0, expanding oversight and raising privacy concerns.
November has already surpassed October's total volume, continuing strong market momentum for NFTs.
Bitcoin has been quietly approaching the $100k mark, but troubles still remain.
Bitcoin's latest rally has State Street Global Advisors' chief gold strategist, George Milling-Stanley, raising an eyebrow. Investors, he says, are falling for a dangerous illusion, mistaking Bitcoin's meteoric rise for stability.
XLM is by far the top performer from the larger-cap alts.
Bitcoin's price has surged significantly in recent weeks, gaining roughly 45% over the past month and trading at $97,465 at the time of writing. Rekt Capital points out that historically, Bitcoin has experienced a parabolic phase in its market cycles, during which the asset undergoes massive price growth.
U.S. President-elect Donald Trump's pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday.
Suspended between dream and reality, Bitcoin is about to play a historic act on the global crypto stage.
Bitcoin has surged past the $99,800 mark, setting another all-time high as it inches closer to the psychological $100,000 milestone. Despite briefly testing the level, BTC has yet to break through, leaving investors and analysts eagerly anticipating the next move.
Story Highlights Bitcoin price struggles to achieve the $100k mark and records a high of $99,655. Ethereum price hits a new 4-month high and retests the $3.5k mark. XRP price surpasses the $1.5 mark and reclaims its $30-month high.
U.S. spot Bitcoin Exchange-Traded Funds (ETFs) saw an unprecedented surge, attracting a whopping $1.05 billion in net inflows. This marks a significant milestone in the ongoing rise of Bitcoin as a mainstream investment.
Trump's pledge to create a bitcoin stockpile has been one of the bullish developments that's propelled the token to all-time highs since the election.
MicroStrategy, the well-known business intelligence firm led by Michael Saylor, has raised $3 billion through the sale of convertible notes, a bold financial move aimed at further expanding its Bitcoin reserves. The company's ongoing strategy to accumulate the cryptocurrency has raised eyebrows across the industry, and this latest development has solidified its position as one of the largest institutional Bitcoin holders.
$100,000, that's for sure. $150,000, why not?
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The price of Bitcoin (BTC) has risen to the psychological milestone of $100,000. BTC price analysis by Coinidol.com.
Bitcoin's breakout signals bullish strength as $120K emerges as the next key target.
Bitcoin (BTC) Holds $95K as Record ETF Inflows, Pro-Crypto Policies Offset Fed Hawkishness
The crypto universe has concluded yet another week, primarily with riveting developments unfolding across the broader sector. Bitcoin (BTC) continues to pump, hitting a new ATH this week.
Mad Money host Jim Cramer has picked bitcoin over Microstrategy's stock (MSTR), calling the cryptocurrency “a winner.” Jim Cramer Picks Bitcoin Over Microstrategy's Stock Jim Cramer, host of CNBC's Mad Money, shared his insights on bitcoin and Microstrategy's stock (Nasdaq: MSTR) during his show's Lightning Round segment this week.
The Bitcoin price rally towards the $100,000 mark is the talk of the crypto industry. Notably, the Bitcoin price has reached new all-time highs for four consecutive days on the path to this $100,000 price level, with the latest being an intraday high of $99,645 in the past 24 hours.
Despite heightened expectations for the Bitcoin price to hit the $100,000 milestone, a crypto analyst has surmised that this key target could present psychological resistance for the pioneer cryptocurrency. Amidst this bearish warning, the coin's price's continued upward movement towards the elusive $100,000 mark has become the center of attention in the crypto community.
Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000. The exponential moving averages (EMAs) signal a strong bullish trend, with the 50-day EMA positioned above the 100- and 200-day lines. However, the Relative Strength Index (RSI) has reached 82, indicating overbought conditions that could lead to a short-term price correction.
Bitcoin has just achieved two major milestones that reflect its ever-growing dominance in the digital currency space. On November 21, the cryptocurrency's computational power, known as the hashrate, hit an all-time high of 776 exahash per second (EH/s).
Robert Kiyosaki strongly endorsed Michael Saylor's bitcoin strategy and his $13 million BTC forecast. He urged investors to act, declaring, “Buy bitcoin today. I am.
Following the events of the past week, it is more of a matter of “when” rather than of “if” the Bitcoin price will hit a historic six-figure value. The crypto commentary channels and waves have been largely occupied with the premier cryptocurrency potentially reaching $100,000 over the last few weeks.
Former President Donald Trump is taking a significant step toward reshaping the U.S. cryptocurrency landscape. Reports suggest he is assembling a specialized crypto advisory council tasked with creating a strategic Bitcoin reserve, streamlining digital asset regulations, and positioning the U.S. as a dominant player in the global crypto market.
Former star for the Chicago Bulls Scottie Pippen reveals the latest on his crypto currency adventures and the future of the industry.
Republican Senator Cynthia Lummis says converting gold reserves into Bitcoin could strengthen the U.S. government's finances.
The financial market of 2024 feels like it's having an identity crisis. Structured and disciplined on one side, chaotic and high on adrenaline on the other.
The rapid growth of Bitcoin ETFs highlights shifting investor preferences, raising questions about long-term stability compared to traditional assets. The post Bitcoin ETFs could overtake gold ETFs in size within one month appeared first on Crypto Briefing.
In May 2010, programmer Laszlo Hanyecz traded 10,000 bitcoins for two pizzas. Those bitcoins would be worth $990 million at today's prices.
Bitcoin, the undisputed king of cryptocurrencies, is on the brink of achieving a historic milestone. The digital asset surged past $99,000, reaching nearly $99,400, according to Coinbase data.