While Bitcoin’s recent record high of over $123,000 has created great excitement in the cryptocurrency markets, Fairlead Strategies founder Katie Stockton predicts that the price could rise to $135,000 in the intermediate term. Appearing on CNBC’s “Closing Bell” program, Stockton stated that Bitcoin has emerged strongly from the consolidation process in recent weeks and that
Bitcoin has been on a tear lately, breaking into new all-time highs, and with that, an important signal known as the PI Cycle Top Indicator is showing signs that could help predict when this bull run might peak. According to analyst Rekt Capital, the PI Cycle Top uses two moving averages to signal when Bitcoin
After the CPI print on July 15, Bitcoin faced a fresh wave of inflow pressure. Prices have already corrected from the recent high of $123,203 to $117,143, a 4.9% decline. With bearish signs building and buyers stepping back, many now wonder if an 8% dip could still be on the table. Exchange Inflows Signal Mounting
Bitcoin’s dip on Tuesday has put the digital asset’s upward trajectory on hold, at least for now. The move came as traders sought to book profits amid mixed monetary signals and divisive language surrounding the potential replacement of Federal Reserve Chair Jerome Powell. While on-chain data suggests that profit-taking is the primary driver, sticky inflation
Bitcoin has corrected from its all-time high near $123,000, retracing into a key support zone marked by strong technical confluence. This area now holds the potential to act as a launchpad for a renewed move toward the highs, if it holds. After reaching a fresh all-time high around $123,000, Bitcoin (BTC) has entered a corrective
Prominent venture capitalist Tim Draper has spoken out against Bitcoin maximalism, stating that innovation and progress are the ultimate goal. The legendary billionaire, who accumulated his wealth with successful early bets on Skype and other fledgling companies, has described himself as an “innovation maximalist.” In his most recent post, Draper has highlighted some key qualities
Block Earner, a Sydney-based fintech offering crypto yield and payment products, is pitching a new way for Australians to buy homes without selling their Bitcoin. Rolling out what it calls Australia’s first Bitcoin-backed home loan, the crypto firm offers up to 50% of a property’s value as a deposit loan secured against the borrower’s Bitcoin.
Bitcoin’s rally past $123,000 this week is being driven by a surge in institutional demand, with spot ETF inflows topping $4 billion in July alone. The price jump, from $105,000 at the start of the month to a record high on Monday, reflects growing confidence from both retail and institutional investors. The total market cap
Data shows Bitcoin’s retrace below the $117,000 level came right after a major spike in social media chatter, often a contrarian signal. Bitcoin Social Dominance Saw A Huge Spike As BTC Crossed $123,000 In a new post on X, the analytics firm Santiment has shared how social media users reacted to the latest Bitcoin price