Bitcoin could be back at its $60K high next year (if it doesn’t shoot slightly beyond that). In 2025, the currency will likely reach a new price peak, and in 2026, the currency may drop again. The Repeating Price Patterns of Bitcoin This isn’t just random speculation. Rather, it’s a complete consideration of all the price routines bitcoin has endured over the past 11 years or so. When one looks at how bitcoin has behaved, it seems to fall onto the same path every...
Read More »Mike McGlone: Bitcoin Still Isn’t in a Great Place
Bloomberg crypto strategist Mike McGlone doesn’t believe that the worst days of bitcoin are behind it, and he says the world’s number one digital currency by market cap is likely to run into trouble again like it did in 2022. Mike McGlone on the Future of BTC That year was arguably the worst on record for bitcoin, with the asset losing as much as 70 percent of its value. The currency rose to a new all-time high in November of 2021 ($68,000), though a year later,...
Read More »Bitcoin Maintains $30K Price as Investors Await Data on Inflation and Jobless Claims
CoinspeakerBitcoin Maintains $30K Price as Investors Await Data on Inflation and Jobless Claims Although Bitcoin is holding strong in the $30K region, predictions are bullish, with one putting the coin at $50k this year. Bitcoin Maintains $30K Price as Investors Await Data on Inflation and Jobless Claims
Read More »Standard Chartered Expects Bitcoin (BTC) Price to Surge to $120,000 by End of 2024
CoinspeakerStandard Chartered Expects Bitcoin (BTC) Price to Surge to $120,000 by End of 2024 Banking giant Standard Chartered expects the Bitcoin bull run to continue further with the BTC price to rally to $50,000 by the end of the year. Standard Chartered Expects Bitcoin (BTC) Price to Surge to $120,000 by End of 2024
Read More »Bitcoin Hits New 2023 High Not Seen in 13 Months
CoinspeakerBitcoin Hits New 2023 High Not Seen in 13 Months The price of Bitcoin could continue its way upwards as the SEC mulls spot ETF applications, leading to a new 2023 high for the king coin. Bitcoin Hits New 2023 High Not Seen in 13 Months
Read More »Steve Hanke Really, Really Hates Bitcoin
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Not everyone loves bitcoin. In fact, there are those out there – like Warren Buffett or his sidekick Charlie Munger – that hate it with passion, and now, it looks like top economist Steve Hanke is joining the ranks of BTC’s biggest opposers. Steve Hanke Isn’t a BTC Fan In a recent interview, Hanke stated that...
Read More »Bitcoin Gains New Technical Stability, Implying More Gains Are Coming
Positive signs are emerging for bitcoin on technical charts. The world’s number one digital currency by market cap is holding a key support level that could insinuate bullish trends will again emerge for the asset in the coming weeks and months. Bitcoin Gains Traction Bitcoin fell by nearly six percent in mid-May. However, the asset – at the time of writing – has since risen by more than one percent and is trading in the low $27K range. Some believe this is because bitcoin has been largely...
Read More »Why was May a Rough Month for Bitcoin? Analysts Weigh In
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin hit its lowest levels since March during the midway point of May, and analysts are trying hard to figure out why. Bitcoin and Last Month Didn’t Go Well Together In many ways, the arena was set for bitcoin to have an explosive month. While the currency was still miles above the position it stood at...
Read More »Bitcoin is Still 65% Higher than Where it Was Last Year
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The price of bitcoin fell somewhat in mid-May, causing a bit of a scare amongst digital currency investors. However, analysts are telling them not to worry so much given the world’s number one digital asset by market cap is still about 65 percent higher than where it was at the end of last year. Bitcoin… It’s...
Read More »Bitcoin Price Surges as WisdomTree, Invesco and BlackRock Apply for Bitcoin ETF
iShares, Bitwise, WisdomTree, and Invesco, have just submitted proposals for a Bitcoin ETF, signaling a significant advance in the crypto business. Bitcoin (BTC), the leading cryptocurrency, has experienced a remarkable surge in recent days, with its price coming in at $28,887.88, up by 8.03% within a 24-hour period and by 11.44% over the last week. The revival in the price of Bitcoin has marked a significant pivot point for most altcoins which are now printing their multiweek high at the...
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