Galaxy Digital’s latest crypto predictions suggest a remarkable year ahead for digital assets in 2025, with Bitcoin potentially reaching $185,000 and the stablecoin market cap doubling to $400 billion. The report, released on December 31, 2024, brings together insights from Galaxy’s top research analysts. Bitcoin’s Trajectory and Institutional Adoption According to Galaxy’s Head of Research […]
Bitcoin (BTCUSD) Buyers Fight To Extend Bullish Strength Bitcoin is currently facing resistance as the price drops back to the $94,000 significant level. After a rapid ascent, Bitcoin’s bullish momentum has stalled, leading to a retreat toward this key level. Bitcoin Key Levels Resistance Levels: $94,000, $100,000Support Levels: $90,000, $85,000The bullish trajectory that Bitcoin began […]
Bitcoin experienced a setback after the holidays, briefly dipping below $95.2k on Thursday. The 4% decline over the past day has nearly erased its monthly gains following multiple corrections since mid-December. However, this recent dip might present a buying opportunity for investors, as market data hints at potential upward momentum. Bitcoin Reserves on Binance Decline […]
BTCUSD (Bitcoin) Continues Sideways Trading BTCUSD remains locked in a sideways movement as market uncertainty prevails. After reaching a high of $107,000, the market has pulled back toward the $98,000 support level. Traders are closely monitoring price reactions in the coming days to anticipate the next directional move. Bitcoin Key Levels Resistance Levels: $107,000, $115,000 […]
The cryptocurrency market faced significant headwinds this week, with digital asset investment products experiencing substantial crypto outflows totaling $1.2 billion over three consecutive trading days. This marks one of the most notable withdrawal periods in recent months, primarily triggered by the Federal Reserve’s hawkish stance during its latest FOMC meeting. Understanding Recent Crypto Outflows Bitcoin […]
Strike CEO, Jack Mallers recently unveiled a groundbreaking plan by President-elect Donald Trump to establish a U.S. strategic bitcoin reserve through an executive order on his first day in office. This announcement has sparked significant debate about the potential integration of digital assets into national policy. Strike and Timcast Unveil Key Insights During an appearance […]
Bitcoin faces growing bearish pressure as 10-year U.S. Treasury yields rise, diverting investor interest. Historically, higher Treasury yields reduce the appeal of riskier assets like BTC, as they make traditional investments more rewarding. The recent yield surge has raised concerns, pushing Bitcoin prices lower.As borrowing costs climb, Bitcoin’s role as an inflation hedge loses traction, […]
BTCUSD (Bitcoin) Buyers Face Challenges Maintaining Momentum BTCUSD buyers are finding it difficult to sustain their bullish strength after surpassing the significant $100,000 level. The pullback to $92,140 has created a critical zone where buyers must defend to reignite upward momentum or risk further decline. Bitcoin Key Levels Resistance Levels: $100,000, $105,000Support Levels: $92,140, $85,000The […]
Bitcoin Makes Another Fall Despite Persistent Buyers Bitcoin bulls are striving to regain control as the price dips to the $97,670 key level. After reaching a quarterly high of $108,550 earlier this month, Bitcoin has experienced a significant pullback, retreating to this critical support zone. BTCUSD Key Levels Resistance Levels: $89,000, $93,000Support Levels: $97,670, $98,900Despite […]
