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news-imageOctober 4, 2024

Bitcoin Price Prediction: Bulls Gear Up for ‘Mega Bounce' as Bears Eye $50,000 Retest

Bitcoin is currently holding strong around the $61,000 mark, despite some volatile market conditions. As we approach the weekly close and enter the weekend, the big question is whether more volatility will arise. On Crypto Banter's ‘The Sniper Trading Show' the analyst remains bullish about the long-term outlook for Bitcoin and the broader market.
Publisher: CoinPedia
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageBenzinga
October 4, 2024

Bitcoin, Ethereum, Dogecoin End The Week With Strong Gains: 'Summer Lull Seasonality Over, Q4 Bull Seasonality Is In,' Says Trader

Cryptocurrency markets are trading higher on positive labor market data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,356.18 +2.7% Ethereum (CRYPTO: ETH) $2,432.81 +3.8% Solana (CRYPTO: SOL) $143.92 +5.7% Dogecoin (CRYPTO: DOGE) $0.1094 +5% Shiba Inu (CRYPTO: SHIB) $0.00001751 +10.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 10.9%.

Negative
cover-imageThe Currency Analytics
October 4, 2024

Crypto Markets Suffer $150 Billion Loss in Just Two Days as Bitcoin Approaches $60K

The cryptocurrency market has experienced a significant plunge, with a staggering $150 billion wiped off its total value in just two days. As of October 3, 2024, Bitcoin is teetering close to the critical $60,000 mark, prompting concerns among investors and analysts alike about the sustainability of the market's recent performance, often referred to as “Uptober.

Positive
cover-imageCryptoSlate
October 4, 2024

VanEck optimistic on Bitcoin's momentum in Q4 but wary of Ethereum's struggles

VanEck remains optimistic about Bitcoin's outlook heading into the fourth quarter, citing strong macroeconomic support and institutional inflows while expressing concerns over Ethereum's ongoing struggles with market share and declining fee generation. According to the firm's September recap report, Bitcoin surged 7.7% over the month, buoyed by the Federal Reserve's rate cut and China's economic stimulus.

Neutral
cover-imageCryptoSlate
October 4, 2024

Bitcoin's performance as US labor market normalizes after pandemic disruption

The post-COVID US labor market is finally experiencing a nuanced shift, reflecting a blend of resilience and gradual normalization after the unprecedented disruptions of the pandemic. By weaving together the latest data on job quits, wage growth, unemployment, job openings, and inflation, we can create a comprehensive picture highlighting opportunities and challenges for everyday people.

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