Bloomberg senior strategist Mike McGlone has renewed a stark prediction for Bitcoin (BTC), arguing that the market’s leading cryptocurrency could resume a prolonged decline that takes it back toward $10,000. Why McGlone Sees Bitcoin Heading Back To $10K In a Thursday post on social media platform X (previously Twitter), McGlone framed the $10,000 level as…
View More New Bitcoin Crash Ahead? Bloomberg Strategist Forecasts Return To $10,000 – Here’s Why
A new analysis released by CryptoQuant, written by contributor CryptoMe, suggests that Bitcoin (BTC) may still have room to fall this year, and that the collapse could give the ideal purchasing opportunity for long-term investors. Bitcoin Bottom At $54,000? In a Monday report, CryptoMe highlighted the cryptocurrency’s Realized Price indicator as a key reference point…
View More Expert Finds Prime Bitcoin Buy Zone Below $60,000, Supported By This Vital Indicator
Bitcoin (BTC) has briefly surpassed the critical resistance level of $74,000, generating renewed optimism among investors as key market indicators suggest the potential for a bottom and further recovery for the leading cryptocurrency. A Potential Surge To $108,000 Market analyst Ali Martinez drew attention to a significant development in a social media post on Monday,…
View More Bitcoin Returns To Full Bull Mode: Key Indicators Signal Bottom And Major Relief Rally
Bitcoin (BTC) made a notable recovery on Friday, witnessing a 4% surge that led the leading cryptocurrency to retest the critical $74,000 resistance level, which has remained unbroken for the past month. However, even with this upward movement, the cryptocurrency has retraced to approximately $72,215, establishing itself at the upper boundary of its ongoing consolidation…
View More Bitcoin Fails To Break $74,000 Resistance: Analyst Predicts ‘Structural Bottom’ Yet to Form
Despite trading more than 40% below its all-time high, with $70,000 serving as a short-term support level, Bitcoin (BTC) may be poised for a repeat pattern that could lead to a 54% increase following this year’s US midterm elections. New research from cryptocurrency exchange Binance suggests that, historically, the aftermath of midterm elections has been…
View More Bitcoin Historically Surges 54% On Average Post-US Midterm Elections, Binance
Bitcoin (BTC) is currently navigating a trading range between $60,000 and $73,000, entering what analytics platform CryptoQuant describes as “the most frustrating phase in the cycle.” According to a recent analysis by CryptoQuant contributor MorenoDV, Bitcoin finds itself in a period characterized by heightened uncertainty, with market signals indicating more hesitation than firm conviction. Bear…
View More Bitcoin Enters ‘Most Frustrating Phase,’ CryptoQuant Says: A Look At What’s To Come
Bitcoin (BTC) began the week with a sharp rebound that briefly lifted the world’s largest cryptocurrency back toward the $74,000 mark on Wednesday for the first time in more than a month. However, as the week comes to a close, that momentum has faded, with BTC sliding back to roughly $68,260. Even with the choppy…
View More Bitcoin May Hit $180,000 This Year, But Only If This Scenario Plays Out: Amber Data
Bitcoin (BTC) has climbed back above the $73,000 level for the first time since early February, marking a notable recovery for the cryptocurrency. As momentum builds, some analysts believe the move could extend further if current trends remain intact. Among them is market analyst Ali Martinez, who shared his outlook in a recent post on…
View More Bitcoin Tops $73,000, Expert Explains Why The Rally Isn’t Over Yet
Bitcoin (BTC) is currently holding below the key $70,000 level. Still, a new report from data and research firm Ecoinometrics suggests that the market may not be building a base for recovery. Instead, the firm argues that the cryptocurrency remains vulnerable to another downward move, driven by three overlapping forces: weakening equity momentum, structural changes…
View More Why Bitcoin Could Be Headed For Another Drop: Research Firm Cites Three Key Risks
With Bitcoin (BTC) hovering around 50% below its all-time high of $126,000 reached last October, investors are increasingly questioning when the cryptocurrency might finally establish its next bottom. According to market expert and technical analyst Altcoin Sherpa, the current bear phase is unlikely to drag on for another full year. In his view, Bitcoin could…
View More Top Expert Projects Bitcoin Bear Market To End In Less Than 365 Days