[ad_1] Despite recent dips in price, Bitcoin is still on track for further gains, according to BitQuant. Based on technical analysis, the analyst predicts that the world’s most valuable coin will likely top out at $61,000, not $50,000, as some analysts have suggested. Bitcoin Has Room For Growth, May Peak At $61,000 Sharing a screen grab … Read more
[ad_1] Rekt Capital, a well-known cryptocurrency analyst and enthusiast, has revealed the potential directions that the price of Bitcoin could take in light of the upcoming fourth BTC Halving. Potential Retracement For Bitcoin With the halving event approaching, analysts are debating what steps Bitcoin should take after its recent breach from the macro downtrend. One … Read more
[ad_1] Bitcoin, however, offers a truly decentralized option, getting us closer to freedom as non-domination. Bitcoin’s decentralized nature prevents the type of domination that comes with the centralized structures of stablecoins or traditional finance. Each participant can impact the network’s decisions, reducing the risk of arbitrary power, and thus fostering a more republican view of … Read more
[ad_1] Bitcoin’s implied volatility (IV) peaked with the launch of spot ETFs in the U.S. last week and has dropped below the realized volatility, stoking demand for calls at strikes $45,000 and $46,000 during Thursday’s North American trading hours, according to over-the-counter institutional cryptocurrency trading network Paradigm. [ad_2] Source link
[ad_1] Ether (ETH) could be poised to soar in 2024 on the back of hopes of a spot ETH ETF listing, analysts at Coinbase (COIN) have said. ETH reached its highest price since May 2022 following the approval of bitcoin ETFs in the U.S. last week. Several of the firms behind BTC ETFs, such as … Read more
[ad_1] The Bitcoin price experienced a further sell-off yesterday and fell by more than 5% intraday to as low as $40,660. Since the year-to-date high of $49,000 on January 11, the BTC price has dropped by as much as 17%. However, according to renowned crypto analyst Jacob Canfield, this may not be the end of … Read more