Bloomberg analyst: Crypto supercycle likely on as BTC outperforms gold
Bitcoin is outperforming commodities and gold so far in 2023, with BTC showing a 10x outperformance of the precious metal. Mike McGlone, a senior macro strategist at Bloomberg Intelligence, says…
Bitcoin breaks above $24K as analysts predict what next for BTC
Bitcoin breaks above $24,000 as positive sentiment pushes BTC higher. Analysts say BTC remains in “danger zone” unless bulls break and hold $25k. IntoTheBlock analysts suggest the next major target…
Bitcoin price prediction: BTC weekly close invalidates double top formation
Bitcoin price rose to around $22,600 on Sunday after rallying 11% from below $20,000. Technical analyst Rekt Capital says Bitcoin has cancelled a double top formation. A successful retest of…
BTC price: Bitcoin sees “boring action” with only $17.8M in weekly net flow
Bitcoin on-chain exchange flows were $4 billion in and $4 billion out last week, Glassnode data shows. Crypto analyst Michael van de Poppe highlights BTC’s “boring price action” as bulls…
Bitcoin price prediction: BTC outlook after Silvergate and Tether news
Bitcoin price outlook after this week’s Silvergate and Tether news. BTC is hovering around $22,400 with key resistance near $23k amid a potential technical breakout to YTD highs. The $20k…
After 8 years, Mt. Gox creditors may start receiving their BTC this month
Mt.Gox Bitcoin exploit took place in 2014. The exploit remains the largest Bitcoin exploit in the history of cryptocurrencies. Mt.Gox creators may however start receiving their bitcoins this month. Mt.Gox…
Pro expects BTC and Nasdaq 100 to be more correlated moving forward
Stockton discussed correlation of BTC and Nasdaq 100 on CNBC. She says bitcoin has to break above $25,000 to look attractive. Bitcoin is currently up about 40% YTD; Nasdaq 100…
Bets against BTC saw $10M flow into short-bitcoin funds: CoinShares
CoinShares data shows crypto investment products recorded minor outflows of $2 million. But Bitcoin saw a third straight week of outflows totaling $12 million. Short-bitcoin funds saw inflows of $10…
BTC and ETH sell-off strengthened historically positive metric: Santiment
BTC and ETH coins sold at a loss for the first time in 2023 this week Historically this has signaled bottoming in crypto markets. Bitcoin and Ethereum prices have both…
BTC and ETH hold onto support as VC exec maintains bullish prediction
Chris Burniske says Ethereum could outperform Bitcoin in March due to the Shanghai upgrade. Burniske is a partner at crypto-focused VC Placeholder and formerly of ARK Invest (crypto division). According…