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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

Bitcoin.com
Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum
Bitcoin
Bitcoin Technical Analysis: Oscillators Indicate Neutral MomentumAs of Nov. 25, 2024, the price of bitcoin (BTC) has traded between $97,076 and $97,547 within the past hour, displaying a strong bullish trajectory across multiple timeframes. Technical indicators suggest a mixture of neutral momentum and buy signals, highlighting the potential for further growth while signaling areas of caution. Bitcoin Bitcoin‘s 1-hour chart reflects […]
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UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Bitcoin.com
Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal
Bitcoin
Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts RevealBitcoin’s price correction across multiple timeframes reveals short-term bearish pressure while maintaining a bullish outlook in the long term. Bitcoin Bitcoin’s (BTC) recent price action highlights a bearish correction across short-term timeframes, while the broader trend remains bullish, with key levels dictating potential opportunities for traders. The hourly chart reveals a short-term bearish trend for […]
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UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

Bitcoin may reach $180K by the end of 2025 — TYMIO founder

Coin Telegraph
Bitcoin may reach 0K by the end of 2025 — TYMIO founder
$100K

The current CryptoQuant Bitcoin exchange reserve metric is roughly 2.5 million coins — the lowest level recorded during this market cycle.

The price of Bitcoin (BTC) may reach $180,000 by the end of 2025 — according to Georgii Verbitskii — the founder of the TYMIO decentralized finance platform.

In a statement to Cointelegraph, Verbitskii forecasted a Bitcoin price between $100K and $120K by the end of 2024 or early 2025 — before President-elect Trump assumes office on January 20, 2025. The TYMIO founder continued that BTC may reach $180,000 by the end of 2025 as more traders are drawn into the fray. Verbitskii told Cointelegraph:

However, Verbitskii cautioned traders to properly manage risk by diversifying their positions, executing trades via limit orders, and using options to avoid the devastating effects of rapid market downturns.

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UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

Van Eck reissues $180K Bitcoin price target for current market cycle

Coin Telegraph
Van Eck reissues 0K Bitcoin price target for current market cycle
Bitcoin

Van Eck says BTC can reach a price of $180,000 this cycle but warned that elevated funding rates could be showing early signs of "overheating." 

Global investment manager Van Eck has reissued its $180,000 price target for Bitcoin at the peak of the current cycle. 

In its latest Bitcoin report on Nov. 21, Van Eck digital asset analysts Nathan Frankovitz and Matthe Sigel said the next phase of the crypto bull market is only “just beginning.”

They predicted that an increasingly friendly regulatory environment in the United States and growing institutional interest could catapult Bitcoin (BTC)  to a price of $180,000 within the next 18 months. 

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UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

Bitcoin unfazed by $2.6B options expiry, maintains rally toward $100K

Coin Telegraph
Bitcoin unfazed by .6B options expiry, maintains rally toward 0K
Bitcoin ETFs

The Bitcoin price started falling 30 minutes before the options expiry, but market watchers don’t expect significant downside.

Bitcoin remains on track to the $100,000 mark despite investor concerns about Friday’s near $2.7 billion options expiry, which threatened a correction below $85,000.

Over $2.67 billion worth of Bitcoin (BTC) options contracts expired on Nov. 22 at 8:00 am UTC, with a “max pain” point of $85,000, according to a Nov. 21 X post from Deribit exchange.

Options expiry. Source: Deribit

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UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

Bitcoin Technical Analysis: BTC Flirts With $100K as Market Awaits Directional Clarity

Bitcoin.com
Bitcoin Technical Analysis: BTC Flirts With 0K as Market Awaits Directional Clarity
Bitcoin
Bitcoin Technical Analysis: BTC Flirts With 0K as Market Awaits Directional ClarityBitcoin is treading a fine line near the coveted $100,000, keeping traders on edge as the market teeters between a breakout or a correction. Bitcoin Currently priced at $98,500 to $98,750 over the last hour, bitcoin (BTC) is navigating a complex market terrain defined by psychological resistance at $100,000 and a well-established support zone below. […]
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UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Coin Telegraph
‘BITSANITY’ — Records broken with B in volume for Bitcoin stocks, ETFs
000

MicroStrategy saw more trading volumes than the US spot Bitcoin ETFs combined as its shares tanked over 25% on Nov. 21.

Trading volumes for the “Bitcoin Industrial Complex” — the United States spot Bitcoin exchange-traded funds (ETFs) and stocks like MicroStrategy (MSTR) and Coinbase (COIN) has hit a new record high — reaching 70 billion on Nov. 21 as Bitcoin rallied above $98,300.

It smashed the previous record of $55 billion set the day before when MSTR was the second most-traded stock in the US, according to Bloomberg ETF analyst Eric Balchunas, citing data from Bloomberg Intelligence.

”BITSANITY,” Balchunas said of the eye-popping figures.

MSTR also accounted for the bulk of the day’s trading volume as its shares tanked over 25% from its highest point of $536.7 to $397.28 when the closing bell rang on Nov. 21.

Source: Eric Balchunas

The record was set as Bitcoin rallied 5% to notch a new all-time high of $98,311, CoinGecko data shows.

Bitcoin has slightly retraced to $98,075 but is less than 2% from breaching the $100,000 milestone.

Related: A perfect storm is brewing for Bitcoin

It comes as the US spot Bitcoin ETFs surpassed $100 billion worth of assets on Nov. 21.

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UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

Bitcoin Hits $98,367 Lifetime High, Nears $2 Trillion Market Cap

Bitcoin.com
Bitcoin Hits ,367 Lifetime High, Nears Trillion Market Cap
Bitcoin
Bitcoin Hits ,367 Lifetime High, Nears Trillion Market CapBitcoin (BTC) achieved a historic milestone, reaching an all-time high of $98,367 per coin, just 1.66% shy of the coveted $100,000 mark. Bitcoin Approaches $100K, Eyes Market Milestone On Thursday morning at 6 a.m. Eastern Time, the leading cryptocurrency bitcoin (BTC) rose 5.2% against the U.S. dollar in the past 24 hours and 7.8% over […]
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UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

$100K Bitcoin next? No euphoria ‘encouraging’ as BTC price breaks new highs

Coin Telegraph
0K Bitcoin next? No euphoria ‘encouraging’ as BTC price breaks new highs
Bitcoin

Bitcoin analysts and traders are optimistic that BTC’s price will hit the coveted $100,000 mark despite a “lukewarm” social media response to the latest ATHs.

Bitcoin (BTC) continues its march toward the coveted $100,000 mark after setting another all-time high above $94,000 on Nov. 19.

Even though this move to new record highs did not spark “euphoria,” analysts say it is necessary for pushing BTC’s price higher.

BTC/USD daily chart. Source: TradingView 

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UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

MicroStrategy increases note sales to $2.6B for Bitcoin purchases

Coin Telegraph
MicroStrategy increases note sales to .6B for Bitcoin purchases
Bitcoin

MicroStrategy upsizes its note sale to $2.6 billion to fund Bitcoin purchases, boosting confidence in BTC’s price reaching the $100,000 milestone.

MicroStrategy said it has increased its upcoming note sale to $2.6 billion, signaling bullish expectations for Bitcoin’s potential to surpass the $100,000 mark.

MicroStrategy, the largest corporate Bitcoin (BTC) holder, is set to raise $2.6 billion from senior convertible notes at a 0% interest rate to buy more BTC.

The note sale was upsized from a previously announced offering of $1.75 billion aggregate principal amount of notes, the firm shared in a Nov. 20 statement.

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UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

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