Bitcoin has spent the past six weeks or so consolidating leading many analysts to believe the bottom is in. Fundamentals are strengthening, however, and these three could spark the next bull run for BTC.
Bitcoin is currently up almost 2.5% on the day tapping weekly resistance at $7,480 a couple of hours ago. A rally that was initiated by US military action on Iranian targets has held its gains but the longer-term picture shows BTC still range-bound.
Until it breaks above $8k no further momentum is likely but these strengthening fundamentals could be the catalyst for the bulls to return.
Hash Rate High
According to bitinfocharts.com hash rate has just hit a record high of 114.5 EH/s. This is eight times higher than it was during the late 2017 bubble as noted by industry observers.
“The Bitcoin fundamentals tell me that the #BTC price is about to explode SOON!”
The #Bitcoin hashrate has hit a new all time high of 119,354,000 Th/s.
This is 8x what the hashrate was back in 2017 at the $20,000 top.
The Bitcoin fundamentals tell me that the #BTC price is about to explode SOON! pic.twitter.com/Mzk4XllKQS
— The Moon (@themooncarl) January 4, 2020
This dispels any notion that miners are capitulating as network strength and security is better than ever. Hash rates are not directly correlated with price but they are a good sign of general bitcoin network health.
Bitcoin Halving
No bitcoin article is complete without mentioning the halving in five months’ time. There are some suggestions that the four-yearly event will negatively impact miner’s ability to remain profitable which will affect the hash rate.
It is also true that an efficient market hypothesis dictates that markets do not wait for a known event to happen, they move in anticipation of an event as speculation increases.
Previous halvings have resulted in large post-halving rallies however and there is no reason why this one will be different. Stock to flow and bitcoin energy value models all suggest that larger gains are inevitable.
Safe-Haven Asset
There is no doubting that bitcoin is has cemented itself as a safe haven asset. Regardless of what the malcontents such as Peter Schiff think, BTC rallied alongside gold and oil when the bad news broke late last week.
Localbitcoins volume in countries with economic woes, hyperinflation, and capital controls has surged last year and there is no reason this will not continue into 2020.
Banking bailouts have intensified and interest rates are plummeting into negative territory around the world which punishes savers and encourages more debt accumulation. Printing more money is the answer to the world’s central banks but it is totally unsustainable.
The younger tech-savvy generations will not want to be burnt by banks as their predecessors did so will be seeking safe haven decentralized assets for their future and bitcoin ticks that box on all accounts.
Will bitcoin rally to new highs in 2020? Add your thoughts below.
Images via Shutterstock, Twitter: @themooncarl The post appeared first on Bitcoinist.com. origin »
Bitcoin (BTC) is undergoing one of the most challenging periods of the year, with prices retracting nearly 30% from its all-time high of $126,000 reached last month. This decline has raised concerns about a potential bear market, fueling fears within the cryptocurrency community and among BTC investors.
Ever wondered why some investors speak about Bitcoin BTC as if it carries an invisible safety net? Many point to its long lifespan and massive market presence as proof that failure is no longer possible.
Mt. Gox-linked Bitcoin (BTC) wallets moved roughly 10,600 BTC on Nov. 17, breaking an eight-month silence that had lulled traders into forgetting the estate still controlled nearly $3 billion in legacy coins.
What to Know: Taiwan is auditing $BTC exposure and assessing a reserve strategy, with a formal report due by end-2025. This marks a credible institutional tailwind for Bitcoin. Sovereign-level interest strengthens the ‘digital gold’ case and can add marginal demand, supportive for $BTC price and $BTC-native infrastructure.
Bitcoin ETFs saw $278 million in net outflows on Nov. 12, led by Fidelity and Ark Invest, while BTC maintained price action above $100K.
The post ETF Exodus Tests Bitcoin Rally, Analyst Bets on $112K BTC Comeback appeared first on Coinspeaker.
This significant BTC movement by a major holder could influence market dynamics, potentially impacting Bitcoin's price stability and investor sentiment.
The post Bitcoin OG Owen Gunden moves $372M in BTC, first batch hits Kraken appeared first on Crypto Briefing.
Bitcoin (BTC) trades at $101,328 as of press time, erasing the 2. 3% recovery that had briefly pushed the price to $103,885 the day before. The breakdown confirms what on-chain data has been telegraphing about demand momentum fading, long-term holders selling into weakness, and the market testing structural supports last seen during mid-cycle corrections.
Bitcoin accumulators bought 375,000 BTC in just 30 days, with the dip below $100,000 boosting their holdings by 50,000 BTC on Tuesday, new data confirmed.
Key takeaways
Why might the real Bitcoin opportunity be hidden from retail traders?
Experienced investors are quietly accumulating BTC, while retail traders chase short-term dips.
When do the strThe post Bitcoin FOMO returns after BTC dip - But is it too soon to buy? appeared first on AMBCrypto.
Key Takeaways
What’s next for Bitcoin post-Fed rate decision?
Analysts were split; some projected a rally toward $160K, while others warned of limited impact due to weak macro data.
Can BTC EThe post Bitcoin’s ETF inflows surge 4x – So why does BTC still feel heavy? appeared first on AMBCrypto.
Bitcoin price volatility remains front and center for investors, according to BitMine chair Tom Lee, who warned this week that BTC could still suffer drawdowns of up to 50% even as institutional interest and spot ETFs grow.
Bitcoin Magazine
Bitcoin Price Rebounds to $111,000 As Strategy Adds 168 More BTC
Strategy bought 168 BTC for $18. 8 million at an average price of $112,051 per coin last week.
Bitcoin is facing a pivotal moment after last Friday’s flash crash briefly sent prices tumbling to the $103,000 level, shaking market confidence before a swift recovery. The leading cryptocurrency has since stabilized, consolidating below the $115,000 mark as traders and institutions reassess short-term momentum.
Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for approximately $46 million on Oct. 13, capitalizing on the market collapse three days earlier while most miners remained defensive. The acquisition increases MARA’s Bitcoin treasury to 53,250 BTC, valued at over $6 billion at current prices, according to Bitcoin Treasuries data.
TL;DR BTC is down 3% in the last 24 hours and trading around $111,200 per coin. The negative performance comes amid the ongoing U.S.-China tariff war and Powell’s speech later today. BTC dips to $111k Bitcoin, the leading cryptocurrency by market cap, is down 3% in the last 24 hours and is now trading around […]
The post BTC price forecast: Bitcoin stays below $112k ahead of Powell speech appeared first on CoinJournal.
A Bitcoin OG whale made another big trade by selling 3,000 $BTC on the Hyperliquid exchange for 363.87 million USDC. Previously he sold 35,991 $BTC ($4.04B).
Crypto prices today are heating up as traders expect Bitcoin (BTC) to climb another 10% this week. Whenever Bitcoin (BTC) starts showing strength, smart investors begin looking for newer projects that can grow faster than BTC.
Bitcoin ETFs just logged their second-highest inflow day as institutional interest surrounding BTC continues to rise after the flagship crypto’s new peak on Monday. Bitcoin ETFs have recorded the second-highest day as positive sentiment swarms the crypto market and BTC…
Bitcoin (BTC) has smashed through $116K and is now aiming for the $120K mark. Bitcoin (BTC) has traditionally been a store of value and a measure of where the cryptocurrency’s prices are going.
Metaplanet acquired 5,288 BTC in Q3 2025; total holdings reach 30,823 BTC. Bitcoin Income Generation revenue jumps 115. 7% to $16. 16M. Long-term target: 210,000 BTC by 2027, backed by major institutional investors.
Bitcoin (BTC) has been the benchmark for growth in the digital asset world, but charts are flashing red as analysts warn of heavy resistance around the $70,000 mark. With the crypto fear and greed index pointing toward uncertainty, many investors are rethinking whether Bitcoin (BTC) can deliver the same exponential gains it once did. The […]
Metaplanet's Bitcoin acquisition highlights growing corporate adoption and strategic diversification amid economic uncertainty in Asia.
The post Metaplanet increases Bitcoin holdings by 5,419 BTC to total 25,555 BTC appeared first on Crypto Briefing.
Bitcoin is holding firm above the $110,000 level as investors await clarity on the US Federal Reserve’s monetary policy. The next Fed meeting has become a central focus, with speculation mounting that an interest rate cut could be announced, potentially reshaping risk appetite across global markets.
History has shown that whenever Bitcoin (BTC) gears up for a new parabolic run, the rest of the market follows with amplified moves. As crypto predictions now circle around the possibility of Bitcoin (BTC) testing the $140,000 level in its next major cycle, experts are turning their eyes toward projects that will not only ride […]
Bitcoin (BTC) price remains under pressure, consolidating above $111,980 support after dropping more than 3%. BTC pullback continued as weakening demand and profit-taking keep weighing in, as spot Exchange Traded Funds (ETFs) saw over $1.
Bitcoin (BTC)’s climb past $124,000 has traders glued to their screens, asking what is going on with crypto today. Every time Bitcoin (BTC) rallies to new highs, history shows the same pattern: liquidity begins rotating into altcoins, and some of them deliver returns that even Bitcoin (BTC) cannot match. While some investors are trying to […]
Bitcoin (BTC)’s climb above $121,000 is more than just another milestone in this cycle—it’s a signal that institutional interest is back in force. Recent inflow data from Bitcoin (BTC) ETFs shows capital streaming back into crypto markets after a brief pause, and that tide is lifting everything from blue-chip assets to early-stage DeFi plays. Among […]
Key Takeaways
Bitcoin’s LTH balances hit cycle lows with -21.5K BTC net change. Low sell pressure and shrinking profits could help sustain upward momentum.
Bitcoin [BTC] rebounded to $122,31The post Bitcoin - How falling LTH holdings could impact BTC’s $120K breakout appeared first on AMBCrypto.
Bitcoin (BTC) fell 1. 2% Bitcoin (BTC) fell 1. 2% in the last 24 hours, trading at ~$118,400, as it struggles to break the $120,000 resistance level. Despite record ETF inflows surpassing $55 billion, including $477.
Key takeaways
BTC uptrend momentum has flipped to consolidation, and rising profit-taking could drag it to $110K or $105K. What’s next?
Bitcoin [BTC] has dropped about 4% this week, streThe post Bitcoin falls 7% from ATH - Is $110K BTC's next key test? appeared first on AMBCrypto.
White House report omitted Bitcoin reserve update. BTC holds steady near $118k with bullish technical signals. ETF inflows and low selling pressure fuel price optimism. Bitcoin (BTC) is entering August 2025 in a position of strength, despite growing anticipation over a missed opportunity in Washington.
Are you still holding on to Bitcoin (BTC)? While BTC remains the undisputed market leader, its growth rate is not slowing, and entry prices are climbing. For investors eyeing explosive returns in the second half of 2025, several emerging cryptos are positioned to outperform Bitcoin some potentially delivering gains of up to 5000%. Here are […]
Vanguard, the $10 trillion asset manager that says Bitcoin has no economic value and denies clients access to spot BTC ETFs (exchange-traded funds) on its [...]