A closely followed crypto analyst says that Bitcoin (BTC) is going to have a great second half of the year. In a new strategy session, crypto trader Michaël van de Poppe tells his 722,400 followers on the social media platform X that the crypto king should finish 2024 with strength as inflows from exchange-traded funds […]
The post Bitcoin To Have a ‘Great Second-Half’ of 2024, Says Crypto Analyst Michaël van de Poppe – Here Are His Targets appeared first on The Daily Hodl.
As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull markets experienced several […]
Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the $74,000 threshold. The signals QCP emphasized were derived from bitcoin call options with June expiries. Several Market Observers See Bullish Bitcoin Momentum Ahead Several analysts and researchers have a positive outlook on bitcoin’s prices for June. […]
“The learning phase is over. A new era is coming,” says CryptoQuant CEO Ki Young Ju.
Google search interest for the term “onchain” surged to an all-time high in May, according to Google Trends data.
Over the past five years, worldwide search interest in the term hovered mostly under 25 out of 100, with a brief spike to around 30 in March.
However, between May 26 and June 1, search interest in “onchain” reached 100 on the index.
Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his name, maga (TRUMP), has soared more than 30% in the past day. Current statistics show that the meme coin TRUMP is the top-performing cryptocurrency over the last 12 months, boasting a 98,352.40% increase. TRUMP Meme Coin Skyrockets Post-Libertarian […]
Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will […]
For the first time in history, the price of one Bitcoin exceeded 11 million yen in Japan, while prices also peaked in terms of the Argentinean and the Philippines peso.
Bitcoin (BTC) notched all-time highs in several countries across Asia and South America following a 7% surge on the day — pushing the cryptocurrency ever closer to its United States dollar peak.
Bitcoin prices hit an intraday and six-week high of $71,650 on May 21 following a gain of more than 7% over the past 24 hours.
The asset has returned to within 3.4% of its March 14 all-time high in USD terms of $73,738, according to CoinGecko.
Despite bitcoin holding steady above the $66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead to reach their former peaks. Bitcoin: 9% Below ATH as Altcoins […]
While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow mark of $59,000.
Bitcoin’s price is down around 21% from its all-time high. But while this remains in line with previous bull market corrections, Bitcoin could still fall to the $50,000 mark in the near term, based on historic patterns.
Bitcoin (BTC) price fell over 12% on the weekly chart to $57,780 as of 1:10 p.m. in UTC, which is 21.6% lower thatn its all-time high of $73,750, reached on March 14, according to CoinMarketCap data.
The current correction is the deepest retrace of this cycle, according to popular Bitcoin analyst Rekt Capital, who wrote in a May 1 X post:
At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might not follow the previous pattern. This week, the creator of the stock-to-flow (S2F) price […]