A prominent crypto analyst believes Bitcoin could be on a path to $150,000 following a confirmed breakout on the weekly chart. In a post on X, analyst Lark Davis pointed to an inverse head and shoulders pattern, a technical structure often associated with bullish trend reversals. The breakout occurred just above the pattern’s neckline, around
In a recent tweet, Max Keiser, a former financial journalist and currently the Bitcoin advisor to El Salvador president Nayib Bukele, took a jab at central banks, mentioning BTC as something that is destroying them gradually. Keiser has commented on a recent speech made by the president of the European Central Bank, Christine Lagarde, in
Bitcoin price continues to move sideways today, July 31, as the recent momentum fades. BTC was trading at $118,000, capping a solid month in which it surged to a record high of $123,200. Bollinger Bands and a forming bullish pennant pattern point to an eventual rebound ahead of the August 1 tariff deadline.
The International Monetary Fund (IMF) has noted that Bitcoin, the leading cryptocurrency by market capitalization, remains mostly “off the books” despite using as much electricity as Argentina. The IMF has recalled that 2008 was the last time when countries actually standardized how to measure their economies, but this was before the advent of various disruptive
The price of Bitcoin has rebounded sharply following yesterday’s dip to $115,807.32, climbing back above $118,571.79 according to live pricing data from Bitcoin Magazine Pro. The drop came shortly after the White House released its highly anticipated 166-page report on digital assets—but failed to address one of the most eagerly awaited updates: how much Bitcoin
The head of digital assets research at investment firm VanEck, Matthew Sigel, believes a bearish reversal for Bitcoin (BTC) would put the brakes on the rise of digital asset treasury (DAT) companies. In an appearance on The Wolf of All Streets YouTube channel, Sigel says that DAT companies holding various altcoins are going to keep