Bitcoin price could fast-track to $100K high in November — Analysts
The analyst’s predictions come shortly after Bitcoin staged the best weekly return since the 2023 US banking crisis. Go to Source
Bitcoin Analysis
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Bitcoin sets record in best daily gains at $8.4K, eyes $90K milestone
In comparison, Bitcoin’s second-best daily gain occurred in August 2021, when the price rose over $7,576 in 24 hours, from $38,871 to $46,448. Go to Source
Bitcoin on track for $85K, breaks record $82.4K ‘uncharted territory’
Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered by Trump’s presidential victory. Go to Source
5 metrics suggest Bitcoin price will break new all-time highs
Bitcoin appears primed for new highs before 2025, according to numerous BTC price metrics. Go to Source
Bitcoin ‘Trump hedge’ rally lacks macro conditions for all-time high
“Bitcoin is currently being used as a liquid proxy to hedge a Trump win,” which was previously seen as “underpriced,” according to an analyst. Go to Source
Bitcoin whale accumulation hits 670K all-time high amid BTC’s v-shaped bounce
Despite this week’s Bitcoin price drop, whales continued to add to their balance and the current v-shaped BTC recovery could be a sign that new highs are coming. Go to Source
Bitcoin whale accumulation mirrors 2020 trend where BTC rallied 550%
New and old Bitcoin whale wallets have been gobbling up BTC, mirroring a 2020 trend that saw the asset rally by 550%. Go to Source
Why are Bitcoin traders worried about a ‘painful’ BTC price dip?
Crypto market analysts believe Bitcoin price may see a “corrective move” before a major rally in Q4 2024. Go to Source
4th time’s the charm? Bitcoin tags $68K in attempt to break 217-day downtrend
Multiple onchain metrics showed a surge in activity as Bitcoin price rallied to $68,000, possibly signaling that the price momentum is sustainable. Go to Source
Bitcoin traders don’t expect new highs until the 200-MA becomes support
Bitcoin price trades in a 7-month range, and charts suggest the pattern could culminate with a strong downside move. Go to Source
