The price of bitcoin has seen a remarkable surge, breaking past the $70,000 mark and igniting a fresh wave of enthusiasm among investors. The cryptocurrency has experienced a steady climb throughout the week, with a sustained 12% rally. This growth has been supported by the introduction of spot bitcoin exchange-traded funds (ETFs) in the United
Bitcoin
Despite Bitcoin recently reaching an all-time high of over $70,000, crypto analyst Michaël van de Poppe believes that there is still more room for significant moves to the upside. He mentioned in a social media post that Bitcoin was still “heavily undervalued” despite hitting a new ATH, indicating that the value is potentially much higher
A recent report unveiled the extensive Bitcoin assets held by Elon Musk’s Tesla and SpaceX companies, shedding light on the significant profits they have generated thus far. According to Arkham Intelligence, an AI-based blockchain analytics platform, Tesla purchased approximately $1.5 billion worth of BTC in January 2021. Since then, the automotive giant has engaged in
The cryptocurrency community is abuzz with excitement following a recent prediction by well-known analyst Willy Woo regarding Bitcoin’s future. Woo, recognized for his accurate forecasting in the past, believes that a significant surge in Bitcoin’s price is imminent. His optimism is based on the recent approval of spot Bitcoin ETFs, which allow traditional investors to
A recent analysis by a crypto expert has sparked discussions within the cryptocurrency community, suggesting that Bitcoin’s price could reach over $200,000 by June. This prediction is based on a historical event where Bitcoin’s price more than tripled in just 103 days after surpassing its previous all-time high (ATH). The analyst, known for operating under
The recent surge in Bitcoin’s price to a new all-time high of $69,200 was met with excitement among crypto traders, as it seemed like the beginning of a journey towards a six-digit Bitcoin price. However, this euphoria was short-lived, as the price of Bitcoin quickly plummeted to $61,200 in the hours that followed. On-chain data
The recent pullback in the price of Bitcoin has sparked discussions among top crypto analysts about a potential further decline in the crypto market. Analyst and trader Ali Martinez has shared his insights on social media regarding key indicators suggesting a retracement in Bitcoin’s price. According to Martinez, the Tom DeMark (TD) Sequential indicator on
Bitcoin’s price surged to $68,000 today, sparking optimism among crypto analysts about the potential for a new peak in the near future. Crypto Jelle, a prominent cryptocurrency analyst, shared his bullish predictions on social media, emphasizing that Bitcoin is on the brink of surpassing its all-time high. According to Jelle, the current price action indicates
In recent times, Bitcoin has experienced a surge in value, coming within reach of its all-time high with a price peak of $68,800. Currently trading at $67,980, Bitcoin has seen a significant increase of 6.6% daily and 20.6% weekly, according to data from Coingecko. The rise in Bitcoin’s value can be attributed to the influx
Bitcoin has experienced a meteoric rise in value over the past month, reaching over $65,000 in March. This surge in price can be attributed to a variety of factors, including growing institutional interest in the cryptocurrency. Markus Thielen, head of research at Matrixport, predicts that Bitcoin is headed for another all-time high this week. This