Bitcoin Price Set for May Blast Off
Bitcoin’s price rises to $79,255, aligning with the Global M2 Money Supply, suggesting a potential rally to $128,000 by May. Analyst warns of short-term risks. #Update #Crypto $BTC (+3) ↗
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin’s price rises to $79,255, aligning with the Global M2 Money Supply, suggesting a potential rally to $128,000 by May. Analyst warns of short-term risks. #Update #Crypto $BTC (+3) ↗
@BitwiseInvest CIO Matt Hougan predicts a surge in corporate Bitcoin ($BTC) acquisitions, paralleling early ETF adoption trends, as major firms consider BTC for reserves. #Update #Crypto $BTC (+4) ↗
Bitcoin’s volatility and inflation resistance offer forex traders unique advantages compared to fiat currencies, which provide more accessibility and regulation. #Update #Crypto $BTC (+3) ↗
Bitcoin surged 6% to $79,348 amid speculation of Federal Reserve interest rate cuts following tariff concerns, with analysts predicting a potential $300k target. #Update #Crypto $BTC (+5) ↗
Bitcoin rebounded to $80,000 amid fears over U.S. President Trump’s tariff policies, with futures open interest at $34.5B and institutional demand rising. #Update #Crypto $BTC (+3) ↗
Bitcoin ETFs saw a $109 million outflow on Monday, marking the third consecutive day of losses, while Ether ETFs recorded no trading activity. #Update #ETF $BTC (-6) ↘
Quant analyst PlanB indicates a potential $BTC bull market as the 200-week arithmetic and geometric means converge, suggesting an impending breakout. #Update #Crypto $BTC (+3) ↗
Arthur Hayes suggests Chinese capital may enter $BTC due to yuan devaluation amid US-China trade tensions, with BTC trading above $80,000. #Update #Crypto $BTC (+4) ↗
Speculation about a White House tariff pause sent markets into a frenzy before being debunked, causing $BTC to whipsaw from $75,805 to $81,200 and back. #Update #Crypto $BTC (-3) ↘
Bitcoin dominance is predicted to rise to 70% by @CryptoHayes, with whales accumulating over 10,000 $BTC, while smaller holders sell. #Update #Crypto $BTC (+4) ↗
Bitcoin price fell below $80,000 but is recovering, facing resistance at $80,500 and $81,500 with potential support at $79,500. #Update #Crypto $BTC (-3) ↘
BitMEX founder Arthur Hayes predicts altcoins will surge once Bitcoin exceeds $100,000, with Ethereum potentially outperforming Solana. #Update #Crypto $BTC (+3) ↗
@Swissblock__ indicates $BTC is nearing a market bottom, with the Bitcoin Fundamental Index strengthening. Liquidity needs to rise above 50 for a bullish reversal. #Update #Crypto $BTC (+4) ↗
Attorney James A. Murphy sues the Department of Homeland Security to release records on Bitcoin creator Satoshi Nakamoto’s identity, citing DHS agent’s alleged knowledge. #Update #Legal $BTC (+7) ↗