Bitcoin Forecast Cut Bear Market Looms
Cardano founder Charles Hoskinson’s $250,000 Bitcoin forecast faces skepticism as BTC drops 30% from highs, trading at $89,300. Market experts suggest a new bear cycle. #Update #Crypto $BTC
Cardano founder Charles Hoskinson’s $250,000 Bitcoin forecast faces skepticism as BTC drops 30% from highs, trading at $89,300. Market experts suggest a new bear cycle. #Update #Crypto $BTC
Bitcoin price finds support at $88,570 but struggles below $93,000 with resistance near $93,500; potential decline if it fails to rise above this level. #Update #Crypto $BTC
Bitcoin holds around $90K amid divided sentiment; 6.96M BTC at unrealized loss, highest since Jan 2024, reflecting emotional selling pressure. #Update #Crypto $BTC
CryptoQuant CEO Ki Young Ju clarifies Bitcoin’s $56K realized price is not a prediction, noting futures market shift to retail dominance and institutional spot selling. #Update #Crypto $BTC
Bitcoin analyst Colin reports a death cross, suggesting a bullish setup for $BTC as it hits the megaphone pattern’s lower boundary. Federal Reserve’s QT end may boost prices. #Update #Crypto $BTC
A key Bitcoin indicator signals a buy alert for the first time since March, suggesting potential upward movement. Analysts speculate a possible return to $110K. #Update #Crypto $BTC
US Bitcoin ETFs see $1.1B outflows as $BTC struggles below $100K, highlighting investor caution amid market volatility. #Update #Crypto $BTC
Bitcoin price falls below $100,000 amid rising sell-side momentum on Binance, with $92,000 as potential next support. Taker Imbalance % at -0.17% indicates seller dominance. #Update #Crypto $BTC
Bitcoin’s Death Cross aligns with key support, suggesting a potential bounce as $BTC flips $100,460 into resistance. Watch for retests to gauge market direction. #Update #Crypto $BTC
American Bitcoin, co-founded by Eric Trump and Donald Trump Jr., reported Q3 profits with $64.2M revenue and 3,418 BTC reserves. ABTC stock rose 5%. #Update #Crypto
Ripple CTO David Schwartz attributes Bitcoin’s high price to its perceived value and future expectations, sparking community discussions. $BTC remains above $100,000 despite recent volatility. #Update #Crypto $BTC
Bitcoin’s Supply-Loss Chart indicates a potential bottom, with 28-33% of supply underwater. This may lead to short-term bearish pressure but could prompt a bounce soon. #Update #Crypto $BTC
Dave Weisberger reiterates Bitcoin’s $1 million potential, highlighting its superior monetary characteristics over gold and diminishing impact of OG sellers. BTC trades at $104,954. #Update #Crypto $BTC
China accuses the US of orchestrating a $13B Bitcoin hack, escalating cyber tensions. The theft involved 127,272 BTC from LuBian in 2020, linked to US-seized assets. #Breaking #Crypto $BTC