In a recent report, JPMorgan has issued a cautionary forecast for Bitcoin investors, suggesting that the cryptocurrency’s price may experience a significant decline to $42,000 following the highly anticipated halving event scheduled for April. Analysts at the global investment bank have articulated that this level is where they anticipate Bitcoin prices to gravitate towards once […]
BTCUSD Is Surging to Reach the $69,000 All-time High BTCUSD is surging rapidly towards the crucial $69,000 all-time high, showcasing impressive bullish momentum. The cryptocurrency witnessed a robust performance throughout February, catapulting from $42,000 to test the significant $64,000 level, marking a remarkable gain of over 50%. As March unfolds, Bitcoin is commencing the month […]
Renowned analyst and CEO of Factor LLC, Peter Brandt, has adjusted his Bitcoin price forecast, now anticipating a potential rally to $200,000 by September 2025, up from his previous estimate of $120,000. Brandt’s revision is based on his extensive experience in market analysis spanning over four decades. 💡 Veteran analyst Peter Brandt sets a new […]
BTCUSD Soars Above Resistance Block to Reach $57,000 BTCUSD soars to $57,000 to continue its remarkable bullish surge and reach this significant milestone. This impressive run, initiated in early 2023, has been a consistent upward trajectory for Bitcoin into the current year. A key achievement in 2024 is the breakout beyond the long-standing parallel channel […]
BTCUSD Faces the Risk of a Pullback to $50,000 BTCUSD faces the risk of a potential retracement to the $50,000 level. This comes after last week’s impressive rally through key levels. The cryptocurrency successfully navigated beyond the parallel channel and breached the $50,000 resistance, allowing it to approach the $52,000 resistance zone. BTCUSD Key Levels […]
Bitcoin exchange-traded funds (ETFs) have experienced a surge in investor interest, with a staggering $2.4 billion pouring into these investment vehicles over the past week alone, according to data released by CoinShares, a leading crypto asset management firm. This influx of capital marks a significant milestone for the cryptocurrency market, highlighting the growing acceptance of […]
BTCUSD Reaches a Struggling Phase of Around $52,000 BTCUSD reaches a point of impasse around the $52,000 significant level. The market is in a challenging phase around this level, marking a pivotal juncture in its recent four-week journey. BTC buyers exhibited resilience, steering the market from $38,000, surging beyond $43,750, breaking free from the parallel […]
THE RICKY BOBBY OF ASSETS “If you ain’t first you’re last.” Just like Ricky Bobby… Bitcoin has seen more ups and downs than a tractor in a mud bog. Let’s zoom out and look at what’s driving Bitcoin higher this time. A.] Inflation B.] Bitcoin ETF inflows (fastest ETF growth in history) C.] Halving […]
BTCUSD Soars through to the $50,000 price Level BTCUSD soars through multiple barriers, achieving a significant milestone by rising high above the much-anticipated $50,000 level. This accomplishment aligns with the price trend observed since the beginning of the previous year, signaling the market’s resilience in shedding perceived bearish pressure to sustain its bullish trajectory. BTCUSD […]
