Bitcoin (BTC) starts a new week in an exciting place as price action knocks on new all-time highs. Bitcoin surges to $122,000, the latest sign that price discovery is around the corner. Dip discussions focus on the weekend’s CME gap, which offers $117,000 as a retracement target. CPI and PPI are due this week as…
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Key points: Bitcoin tags new August highs as traders see BTC shorts getting punished. An early retracement could well turn into a trip to $120,000, predictions say. A CME gap at $116,500 is of interest as a possible next local low. Bitcoin (BTC) neared $119,000 into Sunday’s “decisive” weekly close as traders expected a strong…
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Key points: Ether is on track to reach $20,000 as a lifelong price channel stays relevant, says a popular trader. ETH may even break beyond the channel for the first time in history. Against Bitcoin, Ether bulls still have a lot of work to do to match all-time highs from 2021. Ether (ETH) has a…
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Key points: Ether hits $4,000 for the first time since December 2024 in a key milestone for the year. ETH price optimism continues with Ether taking chunks away from Bitcoin’s crypto market cap dominance. BTC could still stage a fresh but short-lived rebound, analysis says. Ether (ETH) returned to $4,000 for the first time in…
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Key points: Bitcoin is heavily undervalued versus its “fair” price based on miner output. The Energy Value metric calculates that BTC should be trading at nearly $170,000 already. Bitcoin is further from its energy value now than when it passed $10,000 for the final time in September 2020. Bitcoin (BTC) should trade at up to…
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Key points: Bitcoin bulls keep momentum intact at the Wall Street open, with $117,000 and higher on the radar. Order-book liquidity shows shorts getting liquidated, with fresh liquidity being added higher. Bitcoin conforms to key Bollinger Bands levels, producing another fake breakdown this month. Bitcoin (BTC) delivered a textbook rebound move Thursday as BTC price…
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Key points: Bitcoin is attempting a support retest that looks very similar to late 2024, trader Galaxy said. Last time, BTC price action went from $70,000 to $108,000 after a successful retest. Separate analysis does not see a return to recent swing lows. Bitcoin (BTC) price action may open up a fresh 50% surge if…
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Key points: Corporate Bitcoin treasuries such as Strategy’s are predicted to drain OTC desks and then exchanges. The resulting supply imbalance will “uncork” BTC price action. In the meantime, profit-taking is still a major priority for existing hodlers. Bitcoin (BTC) demand from over-the-counter (OTC) desks and exchanges will “uncork” BTC price growth, a new forecast…
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Key points: Bitcoin bulls face multiple resistances as price stays stuck, but some see upside liquidity sparking a short squeeze. BTC price forecasts continue to see lower levels closer to $109,000 in the short term. Volatility is all but guaranteed to return, and traders now need “patience.” Bitcoin (BTC) struggled to hold $113,000 after Tuesday’s…
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Key points: Bitcoin corporate treasuries added 630 BTC to start the week, continuing a month-long inflow trend. The move contrasts with an ongoing sell-off among the Bitcoin ETFs, which sold nearly $300 million Monday. Not everyone is bearish about “buying the dip” at current levels. Bitcoin (BTC) corporate treasuries added over 600 BTC Monday despite…
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