Bitcoin’s price traded between $117,922 and $118,020 over the last 60 minutes, indicating minimal price volatility in the short term. With a market capitalization of $2.34 trillion and a 24-hour trading volume of $22.32 billion, bitcoin maintained an intraday range between $117,196 and $118,479, reflecting tight consolidation near recent highs. Bitcoin Bitcoin’s 1-hour chart shows
It started with a simple question on X: Where could the Bitcoin price be in 21 years? Chaitanya Jain, a former Blackstone analyst and Michael Saylor’s Strategy executive, posed the question on the platform, and it didn’t take long for Elon Musk’s AI assistant, Grok, to provide an eye-opening answer: $25 million per coin by
A historical price comparison between Bitcoin (BTC) and gold suggests that the cryptocurrency could rally by 35% in the fourth quarter. Notably, analysis by Ted Pillows projects a major upward move for Bitcoin, suggesting the digital asset could mirror gold’s historical breakout pattern. If the analogy holds, BTC may trade above $160,000 by Q4, he
With global M2 money supply climbing to an all-time high of $95 trillion to $96 trillion, bitcoin—trading between $117,800 and $118,102 in the past 24 hours—looks set to capture serious upside in 2025 as liquidity floods into assets. M2 Money Boom: Why Bitcoin Prices May Soar Amid Liquidity Flood Plenty of crypto fans are banking
Bitcoin’s identity crisis came roaring back into focus this weekend after Galaxy Digital (GLXY) announced that it had facilitated a $9 billion sale of more than 80,000 bitcoin for a Satoshi-era investor. The firm said the sale — one of the largest notional BTC transactions ever—was part of the seller’s estate planning strategy. The transaction
Bitcoin’s price could see significant upside in 2026, bucking the traditional four-year market cycle, according to Bitwise chief investment officer Matt Hougan. The prediction comes as other analysts are divided on whether Bitcoin (BTC) will stray from its historical pattern or follow the traditional halving cycle and peak in the coming months. Bitcoin may be
As investors scan the horizon for early signals of a Bitcoin rally to $1 million, Bloomberg analyst Eric Balchunas has predicted that God candles will become a rarity. While price spikes will be few and far between, Balchunas noted that ETFs and corporate adoption will eliminate vomit-inducing drawdowns for the largest cryptocurrency.
The Bitcoin price has been quite indecisive in its action over the past week, jumping between the $117,000 and $120,000 consolidation zone in that period. The flagship cryptocurrency, however, came tumbling toward the $115,000 mark following massive coin movements toward centralized exchanges in the past day. Interestingly, a prominent market expert has put forward an
Analysts are confident that Bitcoin is on a bullish breakout. They cite a potential uprise towards $130,000, provided it maintains a key support. In addition, subdued capital inflows imply that the rally can still gain further momentum before hitting a cycle where investor sentiment becomes overly optimistic. This cycle is known as the euphoria zone.