Tag: Bitcoin

Bitcoin Price Back On The Rise as Trump Leads the Pack: Rally to Continue?

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Bitcoin price is surging again above $70,000. BTC is showing signs of strength and might even clear the $73,500 resistance zone amid Trump’s lead. Bitcoin started a fresh surge above the $70,000 zone. The price is trading above $71,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $68,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could struggle to rise above the $73,000 resistance zone. Bitcoin Price Surges Over 5% Bitcoin price…

Bitcoin Current Price Action Sets Stage For 30% Rally, Says Crypto Analyst

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Bitcoin At $200k? Bernstein Predicts Price Despite Election Impact

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Este artículo también está disponible en español. Less than a day before the polls closed in the United States, crypto analysts continued to offer their two cents on the future of Bitcoin and cryptocurrencies. For example, many Wall Street analysts say wild BTC market prices will continue after the elections. Other analysts and observers have shared their price predictions based on who will win this Tuesday. Related Reading Gautam Chhugani of the Berstein Group projects that Bitcoin can increase to $80,000 or even $90,000 if the Republican Donald Trump wins…

Bitcoin (BTC) Price Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility; Aptos, Near, Hedera Outperform

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Bitcoin (BTC) surged to $70,500 earlier during the day from around $67,000, then shed 2% in an hour to briefly drop below $69,000. It was trading at $69,000 at press time, still up more than 2% over the past 24 hours.. The broad-market CoinDesk 20 Index booked 3% gain during the same period, led by native tokens of Near (NEAR), Aptos (APT) and Hedera (HBAR) advancing 6%-7%. Original

Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000

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Este artículo también está disponible en español. Recent action has seen Bitcoin price retest the $67,000 price level. Particularly, the Bitcoin price declined by about 8.9% in seven days from $73,464 on October 29 to $66,895 on November 4, as many short-term traders exited their positions. At the same time, a few long-term holders also offloaded their Bitcoins, likely to lock in gains. According to technical analysis, the ongoing correction is absolutely normal and fine for Bitcoin. Particularly, technical analysis shows that the $100,000 price target for Bitcoin is well…

Bitcoin Could Rally to $80,000 on the Eve of US Elections

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Bitcoin has experienced wild price swings since Vice President Kamala Harris announced her candidacy for the U.S. Presidential election in July 2024. The largest cryptocurrency attempted to test its previous all-time high of $73,738 on Oct. 29, 2024, with no success. Traders expect higher volatility closer to elections and in the aftermath of the event. Crypto prediction markets like Polymarket and Kalshi provide insight into crypto traders’ views.  Polymarket sees about $3.21 billion in trading volume as participants wager on the winner of the November elections. Harris’ opponent, former U.S.…

Bitcoin Pioneer Praises Milei’s Vision in Argentina

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Peter Todd, a Bitcoin pioneer recently accused of being Satoshi Nakamoto in HBO’s documentary “Money Electric: The Bitcoin Mystery,” has praised President Javier Milei’s vision for Argentina. At the sidelines of Labitcoinf, a Latam-focused crypto event, Todd stated that as a politician, Milei is “one of the most sensible the Western world has had in […] Original

Will The US Elections Propel Bitcoin Past $74,000? Key Metrics To Track This Week

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In the wake of the US presidential election, Bitcoin (BTC) is experiencing the expected volatility that often accompanies major political events. Tuesday’s trading saw the largest cryptocurrency fluctuating between $68,000 and $70,000, with the latter level acting as resistance since Saturday. Market analysis firm Crypto Birb has released insights into the potential impacts of the election on Bitcoin’s price trajectory, suggesting that, based on current indicators, Bitcoin could reach new record highs above $73,700 in the days following the election.  Bitcoin Price Could Soar To Over $263,000 In a recent…