Bitcoin traded between $119,057 and $119,368 over the last hour, reflecting minimal intraday movement. With a market capitalization of $2.36 trillion and 24-hour trading volume at $57.83 billion, the cryptocurrency maintained a narrow intraday price range of $117,715 to $120,689. Bitcoin Bitcoin remains in a medium-term uptrend, having rallied from a swing low of $98,240
Michael Saylor of Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, believes Bitcoin (BTC) will outperform the S&P 500 (SPY) by 6-8% annually. In a recent interview, Saylor outlined annual targets of 12% for the S&P 500 and 18-20% for Bitcoin. His reasoning is straightforward: Bitcoin doesn’t have the counterparty risk of corporate structures or currency
The next price trajectory for Bitcoin is shrouded in uncertainty, as Peter Brandt has identified that Bitcoin is at a critical junction. “Which way will the Banana Split?” Brandt asked in an X post on Friday. An accompanying chart shows that Bitcoin is now at a critical price level, and its price reaction will determine
Bitcoin’s price has moved just 2% this week, even as altcoins fly. But don’t let the quiet fool you. Under the surface, whales are moving, and the data suggests a short-term cooldown may be coming before BTC gears up for its next run. Whale-Led Exchange Inflows Raise Red Flag Bitcoin’s short-term momentum may be under
Comparisons are often made between Bitcoin and the internet, and it is stated that the adoption of both is similar. The final comparison came from Fidelity Investments. The giant company drew parallels between the two concepts: “the growth of Bitcoin and the rise of the internet.” Jurrien Timmer, Fidelity Global Macro Director, said that Bitcoin’s
The stakes are extremely high, and Bitcoin is once again balancing on a tightrope. Bitcoin is once more teasing this crucial price level after breaking above the long-standing resistance of $120,000. The current retest represents bulls’ third – and potentially last – opportunity to regain control before sentiment turns south after two previous unsuccessful attempts
After a powerful multi-week rise from below $95,000, Bitcoin price today is consolidating near $120,200 inside a maturing symmetrical triangle. The structure suggests compression ahead of a volatility breakout, with the apex nearing on the 4-hour chart. Momentum is holding firm above key exponential moving averages, keeping bulls in control for now. What’s Happening With
Crypto analytics platform Bitcoin Vector is bullish on Bitcoin (BTC) as the flagship digital asset hovers just below the all-time high. The analytics platform says on the social media platform X that Bitcoin is in the early stage of a full bull market after confirming a breakout. According to the analytics platform, Bitcoin is in
Crypto finance firm Matrixport, in its latest “Matrix on Target” report, predicted that Bitcoin may enter a correction process in the short term despite its recent upward trend. Matrixport: Bitcoin May Enter Short-Term Correction Following Multiple Factors The report states that despite positive macroeconomic developments in the US, technical indicators have weakened and the market
Bitcoin price is attempting a fresh increase above $120,000. BTC is now consolidating and might attempt a steady move toward the $125,000 zone. Bitcoin started a fresh increase from the $115,800 zone. The price is trading above $119,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with