Bitcoin rally

Bitcoin to top $110K by Jan, $20B TRX hints at ‘altseason’ — Finance Redefined

December 6, 2024 Coin Telegraph

Bitcoin to top 0K by Jan, B TRX hints at ‘altseason’ — Finance Redefined

Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January.

Bitcoin surpassed $100,000 for the first time in history on Dec. 5, boosting expectations of a $110,000 “local top” before United States President-elect Donald Trump takes office on Jan. 20.

Risk appetite is also returning among altcoin investors after Tron (TRX) surpassed a record $20 billion market capitalization, bolstering expectations of a forthcoming altcoin season, as some of the profits from Bitcoin (BTC) investors are expected to flow into smaller cryptocurrencies.

Bitcoin has entered the “parabolic phase” of the market cycle, as analysts point at a local top of above $110,000 before the end of January.

Despite Bitcoin’s 10% Drop, Over M in Old Coins Find New Homes

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

MicroStrategy increases note sales to $2.6B for Bitcoin purchases

November 20, 2024 Coin Telegraph

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.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Two Bitcoin whales buy $142M BTC after Trump’s win

November 7, 2024 Coin Telegraph

Bitcoin

The two whales have acquired $142 million worth of Bitcoin since Trump’s victory in the US election was confirmed, showing growing investor demand for Bitcoin.

Two large Bitcoin investors, known as whales, are significantly increasing their holdings, reflecting growing interest in risk assets after Donald Trump’s win in the United States presidential election.

On Nov. 6, Trump was declared the winner of the presidential election, securing his second term, which will begin on Jan. 20, 2025.

Trump’s victory bolstered investor appetite for risk assets such as Bitcoin (BTC), which hit a new all-time high of $76,400 shortly after Trump was elected president.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Bitcoin whales accumulate $132M amid Trump victory projections

November 6, 2024 Coin Telegraph

Bitcoin

Investor appetite for risk-on assets like Bitcoin is growing, with Donald Trump projected to win the US presidential election.

New Bitcoin “whales,” or investors holding significant amounts, appear to be accumulating the cryptocurrency in anticipation of a victory by former President Donald Trump in the 2024 election.

Whales have acquired and withdrawn over 1,806 Bitcoin (BTC) worth over $132 million across 11 newly created cryptocurrency wallets.

The withdrawals from the world’s largest centralized exchange (CEX), Binance, were flagged by crypto intelligence platform Lookonchain in a Nov. 6 X post.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Crypto and commodities poised for massive rally, says market analyst

September 15, 2024 Coin Telegraph

Bitcoin Price

According to Michael van de Poppe, an upcoming surge in global liquidity, fueled by debt refinancing, could trigger the next Bitcoin bull run.

A notable market analyst believes the cryptocurrency and commodities markets could both be ahead of a parabolic rally.

This is because both crypto assets and commodities remain “extremely undervalued,” according to analyst and entrepreneur Michaël van de Poppe.

The analyst noted in a September 15 post on X that commodities were last valued at similar levels in 2000 and 1971.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Bitcoin set for 3-month historic rally as analysts eye $92K BTC

September 15, 2024 Coin Telegraph

Bitcoin set for 3-month historic rally as analysts eye K BTC

000

According to market analysts, this could be the last dip buying opportunity for Bitcoin before the next leg up.

After several months of downward movement, Bitcoin may be poised for a three-month rally, with some analysts predicting a breakout above $92,000.

Bitcoin’s price could be on the brink of a three-month rally based on historical post-halving chart patterns.

Bitcoin (BTC) recently retested a key support level on the weekly chart, which could set it up for a rally above $90,000, according to popular analyst Titan of Crypto.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Arthur Hayes predicts Bitcoin rally after closing short position

September 8, 2024 Coin Telegraph

Arthur Hayes

Bitcoin could start its rally next week on a potential liquidity injection in the world’s largest economy.

Arthur Hayes has closed his Bitcoin short position following initial concerns about a deep correction over the weekend.

On Sept. 6, Hayes, the former CEO of the BitMEX cryptocurrency exchange, warned that Bitcoin (BTC) could correct below the $50,000 psychological mark this weekend as he opened a short position to capitalize on the downside.

Easing investor concerns, Hayes announced the closure of his short Bitcoin position, expecting a potential Bitcoin rally as soon as next week, he wrote in a Sept. 8 X post:

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Sub $50K Bitcoin correction remains in play as whales look to sell BTC

September 7, 2024 Coin Telegraph

Sub K Bitcoin correction remains in play as whales look to sell BTC

Arthur Hayes

Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut, but will it fall below $50,000 this weekend?

A Bitcoin correction below the $50,000 psychological mark could occur as soon as this weekend, threatening to create more downward pressure in September, which is a historically bearish month.

The Bitcoin (BTC) price could see more downside pressure this weekend as whales (entities holding large amounts of BTC) look to lock in profits.

One savvy whale address sold 100 BTC, worth over $5.3 million, to lock in over $206,000 in profit.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Bitcoin headed for breakout or breakdown? Analysts weigh in

September 3, 2024 Coin Telegraph

Bitcoin

Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode.

Crypto analysts are tipping three major events in the coming weeks that could drive up the price of Bitcoin, depending on how the market reacts to them.

For the last seven months, Bitcoin has traded in a downtrending range between $74,000 and $52,000 and investors have grown increasingly restless about whether or not BTC will breakout to the upside or if its price will continue to crumble.

Coinstash co-founder Mena Theodorou told Cointelegraph that the next major move for Bitcoin will hinge on how the market responds to upcoming political and regulatory shifts in the United States during election season, as well as upcoming macroeconomic data.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Investment Advisor: Bitcoin Is Priced for a Serious Rally

February 18, 2024 Bitcoin.com

Bitcoin Price Predictions

The chief executive of Sound Planning Group has predicted a major bitcoin price surge, stating that the crypto is priced for “a serious rally.” He identified the upcoming Bitcoin halving and the adoption of spot bitcoin exchange-traded funds (ETFs) as key factors driving his bullish prediction for the cryptocurrency’s price. The financial advisor believes that […]

Share this video