Tag: Bitcoin News

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Bitcoin Price Prediction as BTC Projected to Reach $28,435 by Mid-October – Is a 9% Surge on the Horizon?

Bitcoin has been making waves in the cryptocurrency market recently, with speculations suggesting that the leading cryptocurrency might be on track to reach $28,435 by the middle of October.  Recent forecasts posit that Bitcoin could touch a noteworthy value of $28,435 by mid-October, representing a prospective 9% uptick.  This optimistic projection gains further credibility when…
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Bitcoin Price Projection Soars: BTC-Gold Ratio Indicator Proposes $120,000 Price Target

Over the past week, Bitcoin price has displayed a notable bullish momentum. This comes after a prolonged consolidation phase during which the leading cryptocurrency remained stagnant below the $27,000 mark for an entire month. However, with the recent breakout and the resurgence of bullish sentiment in the market, experts are now predicting a potential surge that…
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Bitcoin Price Prediction as BTC Bulls Eye $30,000 Resistance as Non-Farm Payroll Data is Released – A Comeback in Play?

In light of recent data showcasing a remarkable surge in US nonfarm payrolls, the cryptocurrency realm, particularly Bitcoin (BTC), seems to be set on a trajectory of its own.  The employment figures for September 2023 have come in at a stellar 336K, easily surpassing the revised August count of 227K and leaving market predictions of…
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$400 Million Bitcoin Options Expiry: Will It Impact the Recent Rally?

As crypto markets remain relatively stagnant, attention is turning to the impact of a significant Bitcoin (BTC) options expiry event set to occur on October 6. Approximately 14,000 Bitcoin options contracts, with a total notional value of around $400 million, are set to expire that day, though this event is notably smaller than last week’s…
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Bitcoin News: Here Is When BTC Could Revisit $20,000 One Last Time, Analyst Says

Based on several factors, the latest Bitcoin news points to a potential bullish continuation in the long term. However, the short term remains uncertain; the cryptocurrency continues to trade in a tight range, although BTC has shown a spike in volatility. As of this writing, the Bitcoin price trades at $25,500 with a 2% loss…
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This Trader Thinks Bitcoin Is Undervalued Below $30,000: Time To Buy More BTC?

On X, one trader going by the handle “CryptoJelleNL” is convinced that accumulating Bitcoin below $30,000 can be rewarding. The trader expects prices to not only expand towards all-time highs printed in 2021 at around $69,000 but break above $100,000 in the coming sessions.  Although the analyst didn’t give timelines, the “game plan remains the same,” acknowledging…
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Good Bitcoin News: Supply Keeps Falling To Lowest Since 2018 As Whales Keep Buying

Bitcoin news for traders and investors is showing positive signs as the cryptocurrency managed to stay above critical levels. The current trading environment remains uncertain as sideways price action persists, but new data points to potential gains. As of this writing, Bitcoin trades at $27,700 with sideways movement in the last 24 hours. On higher…
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2024 Crypto Cliffhanger: VC Firm Co-Founder Warns of Bitcoin, Ethereum Collapse

In a recent post, investor Chris Burniske expressed the belief that a bottom is looming for the top cryptocurrencies. Burniske predicts that Bitcoin and Ethereum could dip as low as $20,000 and $1,000, respectively, with top altcoins, except Solana (SOL), hitting new lows. Notably, BTC retraced from $28,000 to slightly above $27,600, with ETH seeing…
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Crypto Investor Buying Power Just Reached A 6-Month High, What This Means

For the crypto market to fully enter another epic bull run, investors must be willing to purchase digital assets in large quantities. After a long stretch of abysmal performance, it looks like crypto investors are finally starting to believe in the market as they begin to pool their buying power to enter back into the…
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Will Bitcoin Price Crash To $10,000? Bloomberg Expert Reveals When

Many analysts have weighed on the potential trajectory of the flagship cryptocurrency, Bitcoin. This time, Bloomberg analyst Mike McGlone has highlighted the possibility of Bitcoin price declining further and when this could happen. Bitcoin Price Could Decline Further In a tweet on his X (formerly Twitter) platform, McGlone noted that Bitcoin risks declining to $10,000…
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