Tag: Market

Market Expert Predicts $200K Surge Amid Retail FOMO And Volatility

boss

Este artículo también está disponible en español. The Bitcoin (BTC) price held just below $100,000 at the week’s end, falling 7% to roughly $91,000 on Thursday. This milestone has inspired speculation about Bitcoin’s short, medium, and long-term behavior in the face of increased market volatility.  Expert Predicts Bitcoin Could Reach $200,000 According to market expert VirtualBacon, while the $100,000 level is noteworthy, it does not represent the pinnacle of Bitcoin’s potential. He refers to the current phase as the “thrill stage,” in which retail investors are motivated by fear of…

Bitcoin Breaks $100K Amid Market Volatility: November Option Volatility Report by Bybit and Block Scholes

DUBAI, UAE, Dec. 6, 2024 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in partnership with Block Scholes, unveils its November Option Volatility Report, spotlighting Bitcoin(BTC)’s remarkable milestone of surpassing $100K. This detailed analysis delves into key market dynamics and option volatility trends, offering insights to guide traders through the evolving crypto landscape. Bitcoin‘s Volatility on the Path to $100K Bitcoin‘s journey to $100K has been fueled by surging demand for call options and strong bullish sentiment, particularly leading up to the U.S. presidential election on November…

Bitcoin’s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?

boss

The role of Bitcoin long-term holders (LTHs) has again come under the microscope of analysts as the asset currently faces a 4.5% correction from its all-time high (ATH) above $100,000 created on Thursday. These holders, defined as those who retain their Bitcoin for over 155 days, are known to influence market movements through their accumulation and distribution behaviors significantly. A recent analysis by CryptoQuant analyst Datascope has highlighted key trends in LTH activity that could signal the next phase for Bitcoin. Key Trends And Historical Context Datascope’s insights highlight the…

Bitcoin’s surge signals potential market ‘overshoot,’ BofA strategist warns

boss

With Bitcoin briefly surpassing $100,000 and the S&P 500 posting its best year since 2019, Bank of America’s strategist warns of a potential market overshoot. U.S. stocks and cryptocurrencies are showing signs of overheating, with Bank of America Corp.’s Michael Hartnett warning of a potential “overshoot” in early 2025, Bloomberg reports. The S&P 500’s price-to-book ratio surged to 5.3 times in 2024, nearing a peak of 5.5 seen during the dot-com bubble in March 2000. Hartnett cautioned that if the index approaches 6,666 points — about 10% above current levels…

Bitcoin drop to $97k as the market liquidated $565 million

boss

Bitcoin shrank under the $100,000 psychological level after hitting a new all-time high yesterday; the Bitcoin market was liquidated to more than half of a billion dollars just in a day. The crypto market has seen massive market liquidations of up to $565 million on Bitcoin (BTC) alone, as the coin reached a new all-time high of $103,900 on Dec. 05. The total of the day’s market liquidations reached $1.09 billion, which was led by Bitcoin and followed by other crypto, including others’s $120 million, Ethereum (ETH) $107 million, and…

Michael Saylor Predicts Bitcoin Market Cap Of $280 Trillion By 2045—What Will The Price Be?

boss

In a recent interview with Fox Business, Michael Saylor, co-founder and chairman of MicroStrategy, expressed an ambitious vision for Bitcoin (BTC), predicting a substantial increase in its overall market value over the next 21 years.  This forecast aligns with MicroStrategy’s ongoing strategy of intensifying its Bitcoin acquisition program, which has significantly influenced the company’s stock performance, linking it closely to Bitcoin’s price movements. Saylor Envisions Bitcoin Price Soaring To $13 Million Bitcoin has already reached a valuation of approximately $2 trillion, with its price hitting a new record of $104,000…

Tron (TRX) Leads The Market With Rally To New ATH, $0.5 Next?

boss

Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities…

Cathie Wood predicts Bitcoin’s $2t market cap will soon flip gold after hitting $100k milestone

boss

Founder and CEO of ARK Investment Management, Cathie Wood believes Bitcoin is ‘bigger’ than gold, predicting BTC’s $2 trillion market cap could one day surpass gold’s $15 trillion over time. In a recent post on Dec. 5, Cathie Wood reacted to the Federal Reserve Chair Jerome Powell’s comments on Bitcoin (BTC), describing the cryptocurrency with the largest market cap as a virtual version of gold. Wood stated that ARK Investment Management believes Bitcoin is “a much bigger idea” than gold. She drew comparisons between gold’s value and Bitcoin’s. Gold, a…