Author: Cointelegraph by Biraajmaan Tamuly

Bitcoin Investing Made Simple!

Bitcoin’s new price targets of over $80K may not actually be the 'all-time high'

Bitcoin reached a new all-time high of $73,880 in USD terms earlier in 2024, but toppling it by 2025 does not take it above 2021’s inflation-adjusted value. Source link

Why stocks may send Bitcoin price back to $50K before October 

Bitcoin and SPX share a high correlation index as the U.S. stock approaches a new all-time high a day before the Fed cuts interest rates. Source link

Why Bitcoin will likely retrace to $54K before the big breakout

Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed between near $54,000.  Source link

Watch these 3 BTC price levels if Bitcoin breaks below $55K

Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000.  Source link

Bitcoin price eyes 'relief rally' to $61K after downside liquidation wipeout

Bitcoin’s downward price action led to another round of liquidations, with over $78 million over the past 24 hours.  Source link

How much Bitcoin does the average whale hold?

Bitcoin addresses with balances between 1,000 and 10,000 BTC hold the largest share, 24.17%, of the total BTC supply.  Source link

Bitcoin 3-year chart pattern nears breakout point as analyst expects 312% ROI  

Bitcoin could be at the precipice of another parabolic rise, which may lead to a price target of $260,000 by the end of 2024.  Source link

4 reasons why Bitcoin may see $60K before $70K

Bitcoin witnessed its largest weekly return of 10% since early July, but early signs indicate that the markets remain uncertain about where BTC price might go next. Source link

3 reasons why Bitcoin won’t be ‘boring’ in September

While Bitcoin failed to close above the $60K psychological level on the weekly chart, the long-term holders (LTHs) continue to adopt a bullish strategy in 2024. Source link

Historically accurate ‘decaying peaks’ study sees Bitcoin price at $164K by 2025

The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high. Source link