Bitcoin’s ‘ultimate price’ could surpass $700K based on 3% portfolio allocation — Analyst
In the bullish case, Bitcoin’s ultimate price could surpass $24 million per coin, but global adoption still needs to grow by at least fourfold. Go to Source
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BlackRock’s IBIT records biggest inflow day since March at $523M
BlackRock’s Bitcoin ETF has witnessed over half a billion dollars of inflows on the same day a flurry of spot Ether ETFs got the nod to begin trading. Go to Source
Bitcoin whales set to stack more amid ‘overestimated’ Mt. Gox FUD: Analyst
CryptoQuant CEO Ki Young Ju says Bitcoin is still vulnerable to “speculative FUDs,” giving smart money a way to buy up cheap Bitcoin. Go to Source
Bitcoin reclaims $62K, analysts say worst is ‘likely behind us’
With Germany’s “forced selling” over and Mt. Gox repayments all but priced in, analysts look to an easing macro environment as a driver for Bitcoin’s price in the coming months. Go to Source
Bitcoin price will hit $330K this bull cycle — Analyst
Institutions are buying as Bitcoin dips under $60,000 strengthens the long-term bullish outlook for BTC price. Go to Source
Bitcoin will crash to $50K, 10x Research warns
According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows. Go to Source
History suggests Bitcoin poised for rebound in July
Bitcoin tends toward strong performance in July, but Mt. Gox is weighing on hopes of a rebound. Go to Source
3 things that can spoil a potentially bullish July for Bitcoin
BTC price is likely to face headwinds in July from Mt. Gox repayments that could result in a “bull pennant” breakdown on the charts. Go to Source
Bitcoin ETFs shed $1.3B over 2 weeks amid market slump
Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months. Go to Source
Mt. Gox repayments won’t be as bad for Bitcoin as you think: Analysts
The nearly $9 billion in Mt. Gox creditor repayments starting July may not kick down the price of Bitcoin, but they could spell trouble for Bitcoin Cash. Go to Source
