RFK Jr. has been a longtime Bitcoin advocate, praising its power to transmute currency inflation as US government debt tops $36 trillion. Robert F. Kennedy Jr captured headlines once again due to earlier remarks the former Presidential candidate made — claiming that he “Put most of his wealth” into Bitcoin. The former independent candidate also…
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A crypto analyst reiterates that “some of these” Bitcoiners have been “here for many years,” and $90,000 is the “first target” for profit-taking. Bitcoiners who have held their coins for over 155 days aren’t all holding out for a six-figure price tag, with some happily taking profits once Bitcoin surpassed $90,000, according to a crypto…
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After hitting new all-time highs, Bitcoin hints at early signs of short-term correction to reset its overleveraged futures market. Bitcoin’s price dropped 6% between Nov. 13 and 15, exhibiting its first period of correction since breaking above its previous all-time high of $73,880. Bitcoin 4-hour chart. Source: TradingView With BTC undergoing price discovery on Nov.…
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Bitcoin hit $90,000, but holding it is proving to be a challenge. Godleak explains why. Bitcoin price is trying to punch through the $90,000 level but encountering some pushback. Let’s briefly explore why. On the BTC/USDT 1-hour chart, one can observe a block of sell orders at $90,000. As BTC price runs into these asks, the selling…
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Donald Trump’s win in the United States presidential election may not be the “main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers. Donald Trump’s election victory in the United States is unlikely “the main story” behind Bitcoin’s recent pump — with an analyst pointing instead to a post-halving supply shock. “If…
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Bitcoin has broken the $79,000 price level for the first time and many traders are sharing the sentiment that “this is just the beginning.” Bitcoin’s price has soared above the $79,000 level for the first time ever in a week during which it reached several new highs since Donald Trump was reelected as president of…
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Bitcoin is well into price discovery, but that is not stopping market participants from predicting a snap BTC price comedown. Bitcoin is dividing opinion as a weekend BTC price surge takes BTC/USD to nearly $80,000. BTC/USD 1-hour chart. Source: TradingView Mixed reactions as Bitcoin sees weekend surge Data from TradingView shows Bitcoin gaining almost $2,000 in a…
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Several Bitcoin price analysts see BTC trading between $100,000 and $200,000 just before and after Trump’s inauguration. Bitcoin is in price discovery, hitting a record high of $76,990 on Bitstamp just days after Donald Trump emerged victorious in the United States presidential election. Several analysts predict further Bitcoin highs as market participants anticipate a more crypto-friendly business…
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Bitcoin is inches from the most rapid gains in its latest bull market, BTC price analysis concludes. Bitcoin will confirm its “parabolic phase” if BTC/USD delivers a weekly close above $71,500. That is according to the popular trader and analyst Rekt Capital, who, in one of his latest X posts, called time on BTC price consolidation. BTC…
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Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls. As Bitcoin hovers around the $70,000 price level, investors and analysts debate the specific catalysts that will send markets higher. CryptoQuant founder and CEO Ki Young Ju recently explained that while stablecoin supply continues to grow,…
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