In a recent analysis, prominent crypto analyst Dave the Wave provided a bullish narrative for Bitcoin, despite the recent setback in the flagship crypto’s price. He suggested that Bitcoin could potentially rise to as high as $300,000 based on his logarithmic growth channel (LGC) indicator. Dave the Wave also highlighted an ascending diagonal line, which
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The recent price consolidation of Bitcoin post-halving has sparked various predictions from major crypto analysts. One such analyst, CrediBULL Crypto, has forecasted a significant rise for the flagship cryptocurrency. In a social media post, he confidently stated that Bitcoin would surge to $100,000 in the near future. This optimistic outlook comes after a period of
The BitRam NFT artwork is a unique and Bitcoin-specific piece created by VESA, a renowned artist in the crypto world. This piece showcases the indestructible and unconfiscatable nature of Bitcoin, breaking away from the traditional Bull and Bear symbols commonly associated with cryptocurrency art. Artwork Details BitRam is a symbol of Bitcoin’s relentlessness in the
The cryptocurrency market is experiencing a surge of optimism as investment funds witness a historic inflow surge. CoinShares, a top digital asset manager, reported a record-breaking $2 billion influx into crypto funds in just one week, surpassing the entire month of May’s net inflows. This positive trend, spanning over five consecutive weeks, has pushed total
Christian’s career as a journalist has taken him on a journey through various facets of the industry. From working at newspapers in Canada and South Korea to settling down at a local news giant in the Philippines, he has honed his craft and become a total news junkie. However, it was his discovery of the
The Bitcoin price has been a topic of much discussion recently, especially after hitting the $71,000 level and entering a period of indecisiveness. Analysts and investors are eagerly awaiting the next big move, with predictions ranging from bullish to bearish. One such analyst, Alan Santana, has taken a deep dive into the Bitcoin chart to
The recent observations made by Philip Swift, the founder of LookIntoBitcoin, regarding the increase in global liquidity have sparked discussions about the potential impact on Bitcoin’s price in the current bull run. Swift emphasized the importance of global liquidity as a key indicator for Bitcoin’s performance, pointing out that it had reached a new all-time
The recent surge in Bitcoin’s price to $70,000 has sparked optimism among investors, especially long-term holders who have seen their investments turn profitable. The positive price outlook is evident in the resurgence of the Coinbase premium, a key indicator of market sentiment among US-based investors. The Coinbase Premium Index (CPI) recently turned positive after being
The US spot Bitcoin Exchange-Traded Funds (ETFs) have been experiencing an unprecedented wave of inflows, with 17 consecutive days of net additions. A significant surge was observed on a particular Tuesday, with $886.6 million pouring into these ETFs – the second-highest single-day influx since their introduction. Following closely behind, another substantial inflow occurred the next
The crypto market has continued to showcase its dominance over traditional assets like Gold, with Bitcoin, Ethereum, and Solana leading the way. According to a recent report, these digital assets have outperformed major traditional assets, boasting annualized returns of 141%, 152%, and 224%, respectively. In comparison, the best traditional asset, NDX, only has an annualized
Bitcoin, the mysterious digital currency, has once again captured the attention of many as the US banking system faces increasing pressure. While some believe that Bitcoin could skyrocket to $1 million per coin due to economic uncertainties, others remain unconvinced. Proponents of Bitcoin argue that its finite supply and decentralized nature make it a stable
With the crypto market gearing up for a potential bull run, many investors are eagerly anticipating the price movements of major cryptocurrencies. According to analyst Crypto Emily, Bitcoin is expected to reach new heights, with a projected price target of $100,000. This significant increase would place Bitcoin among the ranks of believers who see the
Venture capitalist and billionaire investor, Chamath Palihapitiya has made a bold prediction about the future of Bitcoin. He believes that the leading cryptocurrency could potentially reach a staggering value of $500,000 in the coming years. This ambitious forecast is based on the historical trends observed in Bitcoin’s halving cycles. Palihapitiya pointed out that following each
Crypto analyst Tara has recently pointed out a bullish pattern on the Bitcoin chart, suggesting that the flagship cryptocurrency could be on the verge of a major price surge. She predicted that Bitcoin could reach $75,800, marking a new all-time high for the digital asset. Tara’s analysis indicated that Bitcoin has completed a full ABCDE