2019-5-14 09:30 |
Coinciding with the rise of market prices – Bitcoin has scratched the $8000 mark – is the announcement of… The post Bitcoin Scratches $8000 After Bakkt Futures Official Announcement appeared first on Invest In Blockchain. origin »
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The remarkable results of Bitcoin $BTC and gold’s merger in the crypto portfolio challenge the long-held narrative of choosing one between these two assets.
The consensus that Bitcoin has matured into “digital gold” faces a new fracture line on Wall Street, one that has little to do with daily price volatility and everything to do with the distant future of computing.
Based on the exclusive market data from CryptoQuant, Bitcoin’s $BTC realized price within the 6-12 month period is moving below the $99,500 mark.
Bitcoin is above 21-day moving average as technical indicators suggest the possibility of a $94,000 binge in the wake of global economic uncertainties.
Bitcoin exchange reserves plummet as 20,000 BTC leaves exchange in one week, indicating major shift towards self-custody, potential supply squeeze in 2026.
Best crypto to invest in narratives strengthen as $32B flows into US crypto ETFs despite a year-end pullback. DeepSnitch AI continues gaining traction as it passes $1M.
Analysis reveals Bitcoin may be in range bound formation for all of 2026 as falling volumes, and cooling ETI demand, signal consolidation ahead.