Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices
One market observer noted “very concentrated call buying” looking to profit from a rally to between $74,000 and $80,000 by the end of this month.
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One market observer noted “very concentrated call buying” looking to profit from a rally to between $74,000 and $80,000 by the end of this month.
Bitcoin’s slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.
Although Bitcoin (BTC) has been dragging its feet lately, the prospects of the flagship decentralized finance (DeFi) asset look promising, … Continue reading
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U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.
The current boring crypto market could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.
Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.
As bulls and bears continue fighting for dominance in the cryptocurrency sector, particularly over Bitcoin (BTC), the flagship decentralized finance … Continue reading
The post Crypto expert PlanB sets Bitcoin price for 2024-2032 appeared first on Finbold.
Despite the recent bounce, the correction isn’t over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs.
Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said.