Tom Lee, the head of research at Fundstrat, has once again reiterated his prediction that Bitcoin will skyrocket to $150,000. He remains optimistic about the future of the pioneer cryptocurrency, despite recent bearish trends. Lee believes that Bitcoin’s bullish outlook will prevail in the coming years, leading to new all-time highs by 2024. Reasons for
Bitcoin
Recent on-chain data indicates that the selling pressure from Bitcoin miners has slowed down significantly in the past few weeks. This decline in selling pressure could potentially have a positive impact on Bitcoin’s price as we enter the third quarter of the year. According to Crypto Dan, a crypto analyst who referenced data from the
In his recent essay titled “Zoom Out,” Arthur Hayes, co-founder of crypto exchange BitMEX, delves into a comprehensive analysis that draws intriguing parallels between economic upheavals of the 1930s to 1970s and today’s financial landscape. Hayes focuses specifically on the implications for the Bitcoin and crypto bull run. He begins his analysis by exploring major
Recent fluctuations in the price of Bitcoin have led to a mix of sentiments among crypto analysts. While some, like Alan Santana, are predicting a further crash in the price of Bitcoin, others remain bullish on the pioneer cryptocurrency’s future. The contrasting predictions provide an interesting look at the current state of the market and
Bitcoin (BTC) is currently on the cusp of a significant price movement as it approaches the crucial resistance level of $64,515. The cryptocurrency has been steadily climbing, gaining momentum and investor confidence. Breaking through this key resistance could potentially trigger a major rally, propelling BTC to new all-time highs. Traders and analysts are closely watching
Bitcoin, known for its accessibility and round-the-clock trading, has seen a significant shift in weekend trading volumes according to a recent report by Kaiko. This change in behavior may signal the beginning of a new era dominated by institutional investors during traditional market hours. The Decline in Weekend Trading Kaiko’s data reveals a sharp decline
Opeyemi is a dedicated writer with a passion for the intricate world of cryptocurrency. Despite not initially choosing the digital asset industry, he has delved deep into the realm over the past two years. His enthusiasm for unraveling the complexities of blockchain technology and analyzing the latest trends in cryptocurrencies is evident in his unique
Semilore Faleti, a cryptocurrency writer, embarked on his career touching on various subjects before delving into the intricate world of blockchains and digital assets. His fascination with the efficiency of storing and transferring value through cryptocurrencies sparked his advocacy for their widespread adoption. In his two years of active involvement in crypto writing, Semilore has
Opeyemi, a skilled writer with a keen interest in the dynamic and unconventional realm of cryptocurrency, has delved into this industry for more than two years. Despite not initially choosing the digital asset sector, Opeyemi has developed a deep fascination with it, dedicating his time to unraveling the complexities of blockchain technology and sharing his
The recent price performance of Bitcoin in June has been a cause of disappointment for many investors. The cryptocurrency experienced a significant decline in its value throughout the month, at one point even falling below the $60,000 mark. This downward trend has raised concerns among investors about the future trajectory of Bitcoin’s price in the
