Bitcoin (BTC) staged a mild rebound from yesterday’s inflation-driven drop to $117,180, climbing back toward $119,000 at the time of writing. A declining leverage ratio suggests the top cryptocurrency’s bullish momentum could persist, keeping it in the running for a new all-time high (ATH) in the near term. Bitcoin Leverage Ratio Falls, Bulls Rejoice According
Peter Brandt, one of the most famous cryptocurrency traders, has predicted that the price of Bitcoin (BTC) could potentially soar to the pie-in-the-sky $500,000 level. However, before this happens, Bitcoin might plunge to as low as $60,000, Brandt predicts by November 2026. Has Bitcoin peaked? Brandt believes that there is roughly a 30% chance that
For many years, the idea that publicly traded corporations might buy Bitcoin for their reserves was considered laughable. The top cryptocurrency was considered too volatile, too fringe to be embraced by any serious business. That taboo has been well and truly broken, with a number of major institutional investors buying up Bitcoin in recent years.
In a significant move signalling growing confidence in digital assets, UK-listed Vaultz Capital (V3TC.AQ) recently announced a pivotal appointment to bolster its Bitcoin strategy. This development underscores a broader trend of companies integrating cryptocurrencies into their financial frameworks, marking a crucial step towards mainstream adoption. Why is Vaultz Capital Strengthening its Bitcoin Treasury Strategy? Vaultz
Bitcoin has recently experienced heightened volatility by setting a fresh all-time high. However, the price has quickly reversed, indicating a bull trap, increasing the likelihood of a sideways consolidation within the $116K-$124K range. Technical Analysis By ShayanMarkets The Daily Chart On the daily timeframe, Bitcoin buyers successfully pushed the asset above its previous all-time high,
Key Takeaways Trump-backed American Bitcoin is eyeing acquisitions in Japan and Hong Kong to grow its Bitcoin reserves. The company plans to go public via a reverse merger and aims to build the largest and most efficient Bitcoin accumulation platform. American Bitcoin, a Bitcoin mining entity backed by Eric Trump and Donald Trump Jr., is
Block CEO and Bitcoin evangelist Jack Dorsey has restated his long-standing view that BTC should fulfill its original vision. That is, for the flagship asset to be used as a peer-to-peer (P2P) electronic cash system as envisioned in Satoshi Nakamoto’s whitepaper. Jack Dorsey pushes for peer-to-peer Bitcoin adoption In a post on X, Dorsey emphasized
Markets are still recovering from Thursday’s bombshell commercial inflation data, but institutional interest in bitcoin is still alive and well. BTC Flat, Yet Institutional Investors Remain Bullish Bitcoin dipped below $117K on Friday, as markets floundered in the wake of Thursday’s higher-than-expected wholesale inflation data from the U.S. Bureau of Labor Statistics (BLS). But the
Peter Brandt recently cosigned a new Bitcoin (BTC) cycle chart that, in his opinion, shows the most likely scenarios as to where BTC could be headed next. The chart lines up all four major Bitcoin cycles since 2011, marking the time from bear market lows to peaks and from halving events to peaks. The first
Bitcoin ($BTC) is making waves in terms of Short-Term Holder Spent Output Profit Ratio (STH SOPR). As per the data from Axel Adler Jr., the Short-Term Holder Spent Output Profit Ratio (STH SOPR) of Bitcoin has reportedly jumped to 1.04 while its price is hovering around $119K, indicating a bullish outlook. In this respect, the