Tag: 110K

‘Bitcoin Macro Index’ bear signal puts $110K BTC price return in doubt

Bitcoin (BTC) risks falling into a fresh bear market as a large collection of BTC price metrics produces a “bearish divergence.” In a social media discussion on March 27, Bitcoin commentators flagged troubling signals from the Capriole Investments’ Bitcoin Macro Index. Bitcoin Macro Index slump “not great,” says creator As BTC/USD struggles to return to the area around all-time highs, onchain metrics are beginning to lose their bull market edge. The Bitcoin Macro Index, created by Capriole in 2022, uses machine learning to analyze data from a large number of…

Bitcoin ‘more likely’ to hit $110K before $76.5K — Arthur Hayes

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Bitcoin could reach a new all-time high of $110,000 before any significant retracement, according to some market analysts, who cite easing inflation and rising global liquidity as key factors supporting the price rally. Bitcoin (BTC) has been rising for two consecutive weeks, achieving a bullish weekly close just above $86,000 on March 23, TradingView data shows. Combined with fading inflation-related concerns, this may set the stage for Bitcoin’s rally to the $110,000 all-time high, according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom. BTC/USD, 1-week chart.…

BitMEX co-founder sees Bitcoin reaching $110k before plunging below $77k

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As the Federal Reserve shifts to quantitative easing, BitMEX’s co-founder Arthur Hayes appears to be confident to bet on Bitcoin hitting $110,000 before dipping to $76,500. Arthur Hayes, BitMEX‘s co-founder, is back with another prediction, this time saying Bitcoin (BTC) will hit $110,000 before dropping to $76,500, thanks to the Fed’s shift from tightening to easing for treasuries. I bet $BTC hits $110k before it retests $76.5k. Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “transitory inflation”. JAYPOW told me so. I’ll…

How high can Pepe coin price hit if Bitcoin jumps to $110k?

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Pepe coin price surged on Friday as the ongoing Bitcoin rally pushed most meme coins higher and the total crypto market cap to over $128 billion. Pepe (PEPE), the third-largest meme coin, rose to $0.000020, its highest level in 10 days. This rebound occurred in a high-volume environment, with its 24-hour trading volume climbing to $1.32 billion, the highest point in a week. Additionally, futures open interest reached a record high of $560 million. Other top meme coins have jumped this week. Dogecoin (DOGE) jumped by 26%, while Dogwifhat (WIF)…

Bitcoin Technical Analysis: Bulls Eye $110K After All-Time High Breakout 

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Bitcoin’s price, now hovering between $105,025 to $105,269, showcases a lively market with a 24-hour trade volume hitting $82 billion and a market cap soaring to $2.08 trillion. Bitcoin On the 1-hour chart, bitcoin‘s recent leap past $105,000 highlights a powerful bullish breakout, touching a record peak at $106,533. Short-term support is pegged around $104,000, […] Original

One Thing Left For A $110K Price

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Este artículo también está disponible en español. The Bitcoin price action was marked by ups and downs in the just concluded week, serving as a reminder of the volatile nature of the digital asset. According to price data, Bitcoin has just completed a retest of the downward sloping trendline that has limited its price rallies since March. Related Reading As analyst EGRAG CRYPTO pointed out, the only thing left is for a complete body closure on the weekly timeframe. This closure will be pivotal in determining the next phase of…

Scottish court makes history with £110k stolen crypto seizure

Scottish prosecutors have made legal history by using proceeds of crime legislation to convert crypto into physical cash. Scottish prosecutors used proceeds of crime legislation to seize £109,601 from John Ross Rennie by converting stolen crypto into physical cash, according to the BBC.  This marks the first instance in Scotland where crypto has been confiscated under such laws. The mastermind behind the crime Rennie, 29, was found with 23.5 Bitcoin (BTC) after a violent robbery in Lanarkshire on March 18, 2020.  During the robbery, a man was forced to transfer…

Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review

Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $100,000 by June this year. The AI cryptocurrency sector has seen a remarkable surge, with over $10 billion added to its market value in just 17 days. […] Source CryptoX Portal

Blackrock’s Bitcoin ETF Holdings Near 110K BTC

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Blackrock has amassed nearly 110,000 bitcoins for its spot bitcoin exchange-traded fund (ETF), Ishares Bitcoin Trust (IBIT), since its launch about a month ago. The world’s largest asset manager’s bitcoin ETF has a total net inflow of nearly $5 billion, leading the pack among all spot bitcoin ETFs. Blackrock CEO Larry Fink has stated that […] Original

Bitcoin ‘Terminal Price’ hints next BTC all-time high is at least $110K

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Bitcoin (BTC) may next be a “sell” at at least $110,000 as its new bull cycle plays out, a classic on-chain indicator suggests. Data from on-chain analytics platform Look Into Bitcoin shows Bitcoin’s Terminal Price hinting at a possible six-figure BTC price top. BTC price to six figures next cycle? As BTC price action circles its highest levels in 18 months, forecasters are already considering how high it could go in the coming months and even years. After the next block subsidy halving in April 2024, targets include $130,000, with…