Bitcoin

The post Bitcoin Price Prediction 2024-2030: Will BTC Price Cross The $100K This Year? appeared first on Coinpedia Fintech News Story Highlights Bitcoin price today is If Bitcoin sustains above $40K, the BTC price prediction for 2024 predicts it to reach $120,000. The Bitcoin price forecast 2030 projects a meteoric recovery in BTC price to reach $347,783. With a bullish reversal above the $60K zone, Bitcoin’s price action reveals a high chance of an uptrend. Multiple bullish patterns and supportive…

The post Peter Schiff Believes MicroStrategy and BlackRock May Have To Sell Their Bitcoin appeared first on Coinpedia Fintech News Peter Schiff, a well-known crypto skeptic, shared his thoughts on the large Bitcoin portfolio of the two market giants. MicroStrategy owns 226,500 BTC, while the IBIT ETF holds 343,387.46 BTC. Schiff suggests the companies may have to sell their BTC bags. Schuff’s new post suggests that MicroStrategy may be under pressure from creditors, who may force the company to sell…

The post If Bitcoin Drops Below $60,000, Here’s What May Happen to the Ethereum (ETH) Price Rally! appeared first on Coinpedia Fintech News The Ethereum price is constantly forming lower highs and lows, displaying the growing strength of the bears as market dynamics have lost their stability. Along with Bitcoin prices, Ethereum prices have also been slashed to some extent, while the bulls are trying hard to defend the lower support. Now that the trend has flipped in bearish favour,…

Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices break $70,000. Before then, traders are closely monitoring price action aware that there could be more losses, pushing the coin below $60,000. Amid this, some analysts are bullish in the long term, ignoring short-term price volatility. Bitcoin Remains Bullish Despite Recent Price Drops…

The post Bitcoin Déjà Vu: Is the King of Crypto Ready for a Breakout? appeared first on Coinpedia Fintech News Since the Bitcoin halving on April 20, Bitcoin’s price has been stuck in a broad range between $53,000 and $72,000. Despite this extended period of price stability, technical charts and indicators suggest that Bitcoin might be on the brink of a significant breakout. Renowned crypto analyst Titan of Crypto has pointed out that Bitcoin’s current behavior closely resembles its pattern…

The post Bitcoin Price Prediction August: Prepare for Dip to $48k Before the Bull Rally! appeared first on Coinpedia Fintech News After opening August with a bearish outlook, Bitcoin’s (BTC) price continued to bleed in the past 24 hours. The flagship coin had slipped more than 2 percent to trade at about $63,981 on Friday during the early European session.  The trend extended to the altcoin market, pushing the total cryptocurrency market cap to about $2.39 trillion. This drop led…

With cracks starting to form in the US jobs market, the major stock exchanges have been taking a tumble. In addition, a major slowdown in hiring, and uncertainty over the Iran Israel conflict, have conspired to take the Bitcoin price down once again.  Labour market, stocks, and war weigh on the Bitcoin price In the recent FOMC meeting, Fed Chairman Powell hinted that a first rate cut in September would be likely. On top of this, he even admitted that…

Both crypto whales and the business intelligence giant MicroStrategy have heavily invested in Bitcoin, leveraging the recent drop in its price. Combined, their investments exceed $302 million, indicating a strong bullish outlook despite market volatility. Crypto Whales Buy the Bitcoin Dip MicroStrategy enhanced its Bitcoin portfolio by adding 169 BTC worth $11.4 million in July. This recent acquisition brings the company’s total holdings to 226,500 BTC, currently valued at around $14.6 billion. MicroStrategy spent $8.3 billion to buy these BTC…

Bitcoin (BTC) volatility is at multi-month highs, with the price action whiplashing futures traders on both sides, long and short alike. It comes amid geopolitical tension, which inspires an increase in safe-haven demand. TradFi and crypto market participants should brace for impact as the world watches developments in the geopolitical space. Bitcoin Bends To Geopolitical Tension Bitcoin price volatility has been increasing, maintaining a steady climb since June 24. Data dashboard BiTBO shows that the last time volatility levels were…