Samson Mow, JAN3 boss and a vocal Bitcoin advocate, has doubled down on his earlier forecast of Bitcoin reaching the $1 million price level in the near future. This time, he quoted a famous movie on the topic of financial markets, which describes the event that largely triggered the creation of Bitcoin — “The Big Short.

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Analysts on Monday drew parallels between Bitcoin's (CRYPTO: BTC) recent performance and its infamous "Thanksgiving Day Massacre" in 2020, when prices dropped sharply before rebounding to new highs. What Happened: Coinbureau co-founder Nic Puckrin on X highlighted that Bitcoin has fallen from just below $100,000 to $91,500 this week, a less severe 8% decline compared to the 17% drop in 2020 from Nov 25 to Nov 27.

CryptoQuant CEO Ki Young Ju has raised concerns about South Korea's readiness to approve spot Bitcoin exchange-traded funds (ETFs). In a Nov.

Trezor reported record breaking sales due to a surge in self-custody interest that is fueled by Bitcoin's approach to $100K.

Pantera Capital's Bitcoin Fund has seen a staggering 1,000x growth since its launch in 2013, with the value of Bitcoin surpassing $90,000.

Long-term Bitcoin holders have offloaded over 728,000 BTC in the past 30 days, marking the largest sell-off since April.

Charles Hoskinson, the founder of Cardano and a co-founder of Ethereum, has forecasted that Bitcoin could reach a price between $250,000 and $500,000 within the next 12 to 24 months.

Bitcoin price rallied over 58% since May, when the M2 money supply turned positive year-over-year for the first time since November 2023.

Bitcoin regains some ground following Tuesday's slide. Ether teases a return to $3,500.

The cryptocurrency market today reflects mixed sentiments, with the global market cap dropping 1.96% to $3.2 trillion over the past 24 hours. Trading volume also fell by 6.16%, now standing at $224.95 billion. Despite the dip, market sentiment remains highly optimistic, as the Fear & Greed Index reached 81, signaling extreme greed.

The Bitcoin market continues to see significant support near the $90,000 level during the early hours of Wednesday. Ultimately, this is a market that looks as if traders are trying to work off some of the excess froth that we have seen recently.

Bitcoin has stabilized above $93,000 while ethereum gains momentum and Wall Street rallies on positive policy signals, according to QCP Capital's latest market update. Bitcoin Stabilizes, Ethereum Soars: QCP Tracks Market's Mixed Signals QCP Capital reports that bitcoin (BTC) has found stability above $93,000 as the holiday season approaches.

Remixpoint will complete the Bitcoin acquisition by the end of the year.

The improved US environment continues to drive BTC prices to new heights. This, in turn, boosts global demand for self-custody.

Bitcoin's journey from idea to reality (and near six figures) has been amazing, and Hemi co-founder Jeff Garzik says the network is ready for its next growth stage.

Jim Cramer, the outspoken host of CNBC's Mad Money, has publicly voiced his frustration over the backlash he receives for his market predictions. What Happened: Speaking candidly during a segment on Monday, Cramer acknowledged the intense scrutiny and personal attacks he faces, suggesting the weight of the criticism is taking a toll.

A closely followed crypto analyst says that one Solana (SOL) rival is exhibiting market strength despite Bitcoin's (BTC) pullback to the lower $90,000 range. Pseudonymous analyst Pentoshi tells his 822,400 followers on the social media platform X that the native token of the layer-1 blockchain Sei (SEI) is primed for another leg up.

Bitcoin is showcasing a classic slice of volatility having emerged from its latest banana zone. The world's largest cryptocurrency was slapped 5% lower this money and another 1.2% yesterday before recovering those Tuesday losses this morning.

Bitwise proposed a mix-crypto Bitcoin and Ethereum ETP, weighted by market capitalization. Bitwise CIO Matt Hougan believes the ETP will be a huge hit with investors, offering a balanced exposure to two largest cryptocurrencies.

Bitcoin's (CRYPTO: BTC) dip to $93,000 can be attributed to pressure from a combination of macroeconomic shifts, technical signals and on-chain trends, according to the latest note by 10x Research. Despite this, the long-term outlook for 2025 appears optimistic, aligning with Bitcoin's historical cycles and broader economic trends, the analysts report.

The sell-off marks a sharp turn as whales reverse their October spree of buying hundreds of thousands of Bitcoin.

Bitcoin (BTC) has fallen short of the highly anticipated $100,000 milestone, a psychological barrier closely monitored by market participants.

After setting up an all-time high (ATH) at $99,690 on November 22, BTC crashed 8.88% in total and created a local bottom at $90,835. Will Bitcoin recover and visit $100,000 or continue its descent to $77,000?

Analysts are eyeing a 20–30% Bitcoin correction before the world's first cryptocurrency breaches the $100,000 mark.

Bitcoin is on sale this Black Friday when billions are expected to be spent on all sorts of goods and luxuries as workers across the world receive their last paycheck before Christmas.

With Bitcoin's future growth driven by institutional investments and ETFs, the CryptoQuant head advises altcoins to create unique approaches to draw fresh capital.

Short-term holders have sent almost $8 billion worth of bitcoin to exchanges at a loss over the past two days. The volatility in recent bitcoin price action has seen wild record swings in profit-taking to panic selling.

SUI Network's rise is powered by DeFi integrations, strategic cross-chain partnerships, and strong token demand.

On-chain data shows the Bitcoin investors who purchased at the top are capitulating following BTC's drawdown under the $93,000 level. Bitcoin Short-Term Holders Have Just Sold Big At A Loss As an analyst in a CryptoQuant Quicktake post explained, the latest BTC crash has triggered panic among the short-term holders.

The Bitcoin price suffered a 9% reversal, equivalent to around $9,000, after it came within touching distance of the $100,000 price level. It now appears this reversal could be over, and Bitcoin bulls look to be taking charge again.

Bitcoin's (BTC) incredible rally hit a rough patch after November 22, as investors appear to have lost their patience waiting for the cryptocurrency to fully close the final $2,000 gap to $100,000.

Haider Rafique, Global Chief Marketing Officer at OKX, has warned of heightened volatility as Bitcoin approaches the $100,000 mark.

Almost four years ago to the day, Bitcoin experienced a dramatic 17% plunge from $19,500 to $16,200 in 2020, an event that became infamously known as the “Thanksgiving Day Massacre.” As the holiday approaches once again, market participants are questioning whether history might repeat itself.

Crypto traders are nervously eyeing how low the bitcoin price could fall

The Bitcoin price has returned to $93,600 this morning after suffering a dive to the $91,000 overnight, with profit-taking remaining strong in the market today. The post Is A Repeat of the 2020 “Thanksgiving Massacre' Imminent for Bitcoin? BTC Drops to $91k, What's Next? appeared first on Cryptonews.

Predictions about Bitcoin in comparison to Trump's win and four years in office remain. Dan Morehead, founder of Pantera and former Goldman Sachs Group bond trader, estimates that Bitcoin will reach $740,000 by April 2028.

Since September 2023, Bitcoin has demonstrated a 70-day delay in mirroring the global M2 money supply movement.

Since September 16, the Japanese Yen has dropped by over 7.15% against the US dollar. The drop has negatively affected many Japanese companies.

The cryptocurrency market faces an absolute bloodbath, with Bitcoin (BTC) sliding toward the $90,000 mark as the ongoing price correction deepens amid rising liquidations and profit-taking.

On the yearly chart, Bitcoin rose 146% while MicroStrategy gained over 599% as more retail investment increased MicroStrategy's volatility compared to BTC.

TL;DR Bitcoin (BTC) is nearing the $100,000 milestone, prompting long-term holders (LTHs) to distribute over 507,000 BTC, realizing a record $2.02 billion in daily profits. Most sell-side pressure comes from coins aged between six months and one year, indicating a more aggressive distribution campaign.

The risk indeed seems to be there, but it concerns the future and not the present.

his notion that Michael Saylor can single-handedly decide Bitcoin's fate just because of MicroStrategy's stack is simply ridiculous.

A significant drop in Bitcoin reserves on exchanges is the evidence of rising self-custody adoption, Trezor CCO Danny Sanders said.

Jim Cramer has urged investors to consider adding crypto assets such as Bitcoin and Ethereum to their investment portfolio.