As Bitcoin (BTC) continues to trade in a volatile yet increasingly bullish market, a crypto analyst points to key developments that could drive a breakout past $130,000. From macroeconomic shifts to major technical breakouts and unexpected geopolitical tailwinds, the analyst outlines four critical factors to watch this week that could significantly impact BTC’s price action. …
Bitcoin (BTC) is experiencing a period of stability after its recent upward climb, currently trading around $118,502, marking a slight daily decline of about 0.3%. Despite approaching the notable resistance level at $120,000, the leading cryptocurrency has shown little indication of breaking through decisively. This quiet trading environment has drawn the attention of analysts, prompting…
According to an announcement today, Turkish mobility app Marti Technologies plans to hold roughly 20% of its cash reserves in Bitcoin (BTC). The move reflects a growing trend among companies integrating BTC and other digital assets as part of a diversified approach to treasury management. Marti Technologies Unveils Bitcoin Treasury Strategy New York Stock Exchange-listed…
Bitcoin trades at a critical level, holding steady above $118,000 but failing to gain momentum for a breakout. Price action has continued to tighten over the past several days, and analysts now anticipate a major move once either key supply zones are absorbed or demand breaks below. The market sits on edge, waiting for confirmation…
Bitcoin appears to have entered into a consolidation phase between the $115,000 and $120,000 price range after a sudden pullback from its current all-time high. Despite Bitcoin’s recent bullish momentum toward a new high, short-term BTC holders continue to see modest profits from their positions. A Tight Profit Window For Short-Term Bitcoin Holders While Bitcoin…
In a complete reversal from yesterday, the crypto market is down today, with 98 of the top 100 coins per market turning red. The cryptocurrency market capitalization has dropped by another 5.5% over the past 24 hours and below $4 trillion, now standing at $3.97 trillion. At the same time, the total crypto trading volume…
On Monday, crypto software firm Bakkt Holdings (BKKT) announced an ambitious plan to raise up to $1 billion through various securities offerings to boost its own Bitcoin (BTC) treasury reserve, in line with the growing trend among publicly traded companies. This move comes amid rising Bitcoin prices, which are hovering just below all-time highs, and…
Ray Dalio, the billionaire behind Bridgewater Associates, says people should think about putting 15% of their money into gold or Bitcoin. His call comes as America’s debt nears the $37 trillion mark. He argues that holding hard assets can help when paper money loses value. “If you were optimizing your portfolio for the best return-to-risk ratio,…
The United States has filed a civil forfeiture complaint seeking to claim over $2.4 million worth of Bitcoin seized from the Chaos ransomware group, adding to the escalating series of cryptocurrency seizures that have netted billions in digital assets from cybercriminals worldwide. The Northern District of Texas complaint targets 20.29 Bitcoin seized on April 15,…
As the Bitcoin price hovers just 4% below its all-time high of $123,000, crypto analyst Doctor Profit has issued a new report that could spark increased bullish sentiment among investors, suggesting that a new rally could be on the horizon. Bitcoin Price Poised For Growth After Major Trade Deal In a recent post on the…