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Tag: BitCoin

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Bitcoin futures data aligns with BTC traders’ hope for new all-time highs

Bitcoin is less than 5% away from making new all-time highs, and BTC futures markets look ready to support the rally. Key takeaways: Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations. Weak stablecoin demand in China and the limited use of futures…
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Bitcoin supply crunch boosts confidence in $200K target for 2025 — Bitwise CIO

Bitwise chief investment officer Matthew Hougan said that a Bitcoin supply shock is coming, driven by heightened demand from institutions. Matt Hougan, chief investment officer at Bitwise, predicts Bitcoin will reach $200,000 by the end of 2025 due to a supply shock from heightened institutional demand. In an interview with Cointelegraph at Consensus 2025 in Toronto,…
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Bitcoin looks ‘ridiculous’ as bulls attempt $2T market cap flip — Analyst

Bitcoin can hardly get any more bullish, says independent analyst filbfilb, as $100,000 slowly returns as support and bulls fight to cement a $2 trillion market cap. Key points: Bitcoin has a fight for a $100,000 price and a $2 trillion market cap on its hands this month. Dips below six figures are “easily possible,”…
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NFT founder stole millions from Bitcoin project, investors allege

The leader of an NFT project and Bitcoin mining venture has been sued by his former business partners for allegedly failing to pay them their promised equity returns. Several investors in a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely…
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Bitcoin hitting $220K ‘reasonable’ in 2025, says gold-based forecast

Bitcoin’s “power curve” is churning out giant six-figure BTC price targets this year — can BTC/USD really reach $220,000 or more? Key points: New Bitcoin price targets leverage interplay with gold to deliver $200,000 and higher this year. Bitcoin price cycles remain in focus as part of the BTC price “power curve” model. Eating gold’s…
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Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor

Michael Saylor says those “less committed” to Bitcoin took the opportunity to exit the market after Bitcoin’s price surged. Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market. “I think we’re going…
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What will Bitcoin price be if gold hits $5K?

Gold’s potential march toward $5,000 raises the stakes for Bitcoin, with historical trends hinting at a surge to $155,000 or beyond if conditions align. Key takeaways: Bitcoin has historically outperformed gold, more recently by sixfold. Gold’s climb toward $5,000 could set the stage for significant Bitcoin gains. Weakening US dollar and rising global liquidity remain…
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New Bitcoin price all-time highs could occur in May — Here is why

Data suggests Bitcoin could hit new highs faster than most investors expect. Key takeaways: Heavy liquidations played a role in Bitcoin’s return to $95,000. Bitcoin’s weakening correlation with stocks highlights its growing independence as an asset. Bullish institutional investor positioning contrasts with retail traders’ caution, supporting a rally above $100,000. Bitcoin  gained 11% between April 20…
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Bitcoin breaks downtrend with spike toward $92.6K, but who’s behind the price momentum?

Bitcoin’s Easter weekend rally marks a shift in market sentiment as institutional players make their move. Will it last? Bitcoin price surged over the Easter weekend, jumping 9% and crossing the $91,000 threshold on April 22. This strong performance diverged sharply from the stock market’s lukewarm rebound and mirrored gold’s bullish behavior, which briefly touched a…
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Bitcoin exchange buying is back as ‘Spoofy the Whale’ lifts $90K asks

Bitcoin whale buying power is visible on both Binance and Coinbase as BTC price upside causes a familiar seller to abandon order book control. Key points: Whales on Binance joins Coinbase in adding BTC exposure as Bitcoin recovers above $90,000. The Coinbase premium is back in the green amid a broad risk-asset relief rally. Resistance…
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