Bitcoin has seen a modest increase of about 1% over the past week, reflecting a balance between supply and demand. Market analysts are divided on Bitcoin’s future direction, with some, like Timothy Peterson, predicting a potential price range of $75,000 to $138,000 in the next three months based on historical data. Conversely, others, like Bloomberg’s ...
A surge in corporate interest is predicted to bring Bitcoin onto the balance sheets of over 100 S&P 500 companies by 2030. Elliot Chun, a partner at Architect Partners, believes that treasury managers will feel compelled to engage with Bitcoin to stay competitive. Currently, only Tesla and Block hold Bitcoin, but many companies are eyeing ...
CryptoQuant CEO Ki Young Ju announced that the Bitcoin bull cycle has ended, predicting 6 to 12 months of bearish or sideways Market activity. This update comes after he had recently shown a more cautious but optimistic outlook. He highlighted the Bitcoin PnL Index Cyclical Signals, which track several on-chain metrics to identify price trends. ...
Analyst Michaël van de Poppe anticipates that Bitcoin and altcoins will soon regain their bullish momentum, suggesting they are nearing a local bottom. He informs his 759,000 followers that the recent Market pullback is close to ending and expects renewed rallies to follow. Van de Poppe believes Bitcoin will experience a dip before gaining traction, ...
