BTC

The post Bitcoin (BTC) Price Analysis: Is This the Final Leg Up to $100K? appeared first on Coinpedia Fintech News The crypto markets consolidate as the Bitcoin price maintains a sluggish trade, failing to hold the levels above $69,000. The weekend rally that resembled the pre-halving rally indicated the token may be heading to mark a new ATH before the halving. However, the latest pullback has changed the timeline. With the halving in less than 10 days, the BTC price…

Bitcoin’s recent rally came to a halt in the past 24 hours or so, as the asset was pushed down to under $70,000 and even below $69,000. The altcoins are also in retreat today, with notable price declines from the likes of BCH, DOT, DOGE, ICP, RNDR, WIF, and APT. BTC Down to $69K Bitcoin experienced a massive price decline last week when it slumped to a multi-day low of $64,500. However, the bulls managed to intervene at this point…

The boss of America’s largest crypto mining firm, Marathon, said that spot Bitcoin ETF approvals had brought forward what would otherwise have been the post-halving rally. “I think the ETF approval, which has been a huge success, has attracted capital into the market and essentially brought forward what could have been the price appreciation we typically would have seen three to six months post halving,” Fred Thiel said in an interview with Bloomberg on April 9. “So I think we…

Hong Kong to launch Bitcoin Spot ETFs with substantial Chinese funding, signaling the rise of digital assets in traditional finance. Anticipation grows over Bitcoin’s potential to reach $100,000 in the second quarter of 2024. Following the footsteps of the U.S. Securities and Exchange Commission (SEC), which previously approved Bitcoin Spot ETFs, Hong Kong is poised to launch its own Bitcoin Spot Exchange-Traded Funds (ETFs) by the end of April. As highlighted in an earlier CNF post, this move symbolizes a…

The post Bitcoin Faces Pressure Around $69K Ahead Of CPI Release! What’s Next For BTC Price? appeared first on Coinpedia Fintech News On Tuesday, cryptocurrency prices dipped as investors are awaiting a crucial inflation update that might address the future of interest rates. Recently, Bitcoin’s price has encountered increased selling pressure, with significant holders influencing the price to maintain around $69,000. Yet, with the uptick in purchasing activity at these lower price levels, Bitcoin is set for a strong recovery…

The Benchmark Company analyst Mark Palmer anticipates that Bitcoin’s price will reach $150,000 by the end of 2025. This projection surpasses Palmer’s previous forecast from February 27, where he predicted the price would reach $125,000 in the same period. Optimism Over Bitcoin’s Post-Halving Prospects Analyst Palmer noted on April 8 that Benchmark raised its MicroStrategy (MSTR) price target to $1,875, nearly doubling its previous target of $990 while maintaining its buy rating. Palmer’s optimism regarding MSTR comes from the company’s…

Bitcoin’s price has recovered from the $65K level a few days ago and is en route to making a new all-time high soon. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been forming a large symmetrical triangle pattern. Yet, the market is currently testing the higher boundary of the pattern. If the price successfully breaks above the upper boundary, a rally toward the $75K level and creating a new all-time high would become increasingly…

Metaplanet has partnered with Sora Ventures to invest $6.5 million in Bitcoin in a bid to build “Asia’s First MicroStrategy.”  Metaplanet’s Strategic Shift Metaplanet Inc., a Tokyo Stock Exchange-listed company, has signaled a significant shift in its financial strategy by embracing Bitcoin as a core component of its treasury assets. The company has committed an initial investment of JPY 1 billion (approximately $6.56 million) to Bitcoin, echoing the pioneering move made by MicroStrategy in the United States. Simon Gerovich, CEO…

Bitcoin just failed to claim another all-time high when the $BTC price was rejected from $72,600 on Monday. A 4.5% pullback has resulted. Will the price pull back further, or is bitcoin ready to make its next attempt at a new all-time high? Strong ETF outflow on Monday drags on $BTC price Perhaps bitcoin needed to draw breathe for its next assault on $73,800, or maybe it was the strong red day for the Bitcoin ETFs on Monday which saw…