Bitcoin eyes $120,000 as long-term holder supply spikes, signaling another breakout, says analyst Merlijn. Historical patterns point to a parabolic rally ahead.
Bitcoin News
Bitcoin Bet Pays Off: Blockchain Group Posts 1,270% YTD Gain
Publicly traded companies are increasingly embracing Bitcoin, and The Blockchain Group (EURONEXT: ALTBG) made waves in Europe following the company’s newest 60 BTC purchase, which cost nearly €5.5 million. Through an average price of €91,879 per coin, the buy places the holdings of the company listed in Paris at 1,788 BTC, equivalent to €161.3 million […]
Bitcoin’s Big Move: Will $93,000 Dip Be the Key to a $150,000 Rally?
The possibility of a massive breakout of Bitcoin is gaining ground as analysts predict a breakout in the next few months, leading the price to the range of $120,000-$150,000. Analyst Doctor Profit, who has consistently forecasted the bullish performance of Bitcoin since it closed at $16,000, is confident that the cycle will recur. This forecast […]
Bitcoin (BTC) to $150K? Polymarket Sees 85% Chance of New Highs by October
Key Takeaways: Bitcoin’s price is currently hovering around $107,577.28, and sentiment across both prediction markets and seasoned traders signals a potentially explosive move ahead. On Polymarket, speculators have placed bets on an 85% probability that the cryptocurrency will hit a new all-time high before October. That would entail breaking the previous record of some $115,000, […]
Bitcoin Nears $110K as MicroStrategy Moves $796 Million in New Wallets
MicroStrategy recently transferred 7,383 BTC, worth approximately $796 million, into three newly created wallets, according to blockchain analytics firm Lookonchain. The company’s Bitcoin holdings now approach an impressive 600,000 BTC, reinforcing its position as one of the largest institutional holders. MicroStrategy has adhered to a strong buy-and-hold strategy. The firm’s only notable deviation was in […]
Bitcoin Holdings Hit $64.28 Billion as Strategy Keeps Buying
Bitcoin continues to make headlines as Strategy, the firm co-founded by outspoken Bitcoin advocate Michael Saylor, marks its 11th consecutive week of BTC acquisitions. Since April 14, the company has pursued an aggressive purchasing strategy, strengthening its position as the world’s largest corporate Bitcoin holder. Saylor, known for his unwavering bullish stance on BTC, echoed […]
Bitcoin’s $114,000 Surge: Could This Be the Start of Altcoin Season?
Bitcoin’s (BTC) recent rally has generated speculation that altcoin season may be just around the corner. BTC hit $114,000 in the early hours of the morning due to the high volume of trading. This may be the beginning of a new era in the cryptocurrency market, and altcoins such as XRP may be at the […]
Bitcoin Demand Turns Negative: Is a Major Price Drop Coming?
The Bitcoin market has recently experienced a weakening. A vital market indicator, Apparent Demand, has now become negative. This indicates that the number of Bitcoins being sold is outpacing the number being purchased. Miners and long-term holders are selling coins. There are no new purchasers in the market. Such a change has heightened the concerns […]
Bitcoin Fights Authoritarian Control, Says HRF Executive
Bitcoin continues to solidify its reputation as more than just a financial asset; it’s becoming a frontline tool in the global fight against authoritarianism. Speaking at the BTC Policy Summit in Washington, D.C., Alex Gladstein, Chief Strategy Officer of the Human Rights Foundation (HRF), made a compelling case for how BTC empowers individuals under repressive […]
Trump’s Strategic Bitcoin Bet Sparks $2.3 Billion Crypto Treasury Frenzy
Renowned U.S. economist Peter Schiff has criticized President Donald Trump for his growing support of Bitcoin. Schiff argues that Trump’s stance endangers the U.S. dollar, both personally and politically. The economist warns that the dollar’s status as a global reserve currency could suffer under Trump’s Bitcoin-friendly agenda. Just a day after Trump praised Bitcoin’s positive […]