$23B Bitcoin boom? VanEck says state reserve bills could spark massive inflows

Several US states, including Texas, Pennsylvania, and Ohio, are pushing proposals to invest public funds in cryptocurrencies or establish state-level bitcoin reserves. Asset manager VanEck analysed 20 such bills and estimated that, if implemented, they could lead to $23 billion in bitcoin purchases, equivalent to approximately 242,700 BTC.

84 +

Bitcoin To Top Above $168,500 Based On This Indicator, Analyst Reveals

An analyst has explained how Bitcoin could see a top beyond the $168,500 mark based on the historical trend in this indicator. Bitcoin Mayer Multiple Could Reveal Location Of Next Price Top In a new post on X, analyst Ali Martinez has discussed where the BTC top could lie based on the Mayer Multiple.

100 +

VanEck Argues That a Strategic Bitcoin Reserve Could Slash US Debt 36% by 2050

VanEck predicts this move could diminish national liabilities by an estimated $42 trillion by 2049, assuming consistent debt growth and a significant annual appreciation in Bitcoin's value. The post VanEck Argues That a Strategic Bitcoin Reserve Could Slash US Debt 36% by 2050 appeared first on BeInCrypto.

137 +

Bitcoin Could Be Ready For ‘Phase 2’ Of This Historical Bull Pattern

On-chain data shows Bitcoin could currently be following a similar pattern as in a previous cycle in terms of this indicator. Bitcoin Could Now Be Entering Phase 2 Of The Bull Run In a CryptoQuant Quicktake post, an analyst has pointed out how the recent trend in the Bitcoin long-term holder supply has been reminiscent to what was observed in the 2017 cycle.

125 +

Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares

Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said.

46 +

Bitcoin Could See ‘One Last Shakeout’ In November, Here Are The Levels To Watch

Bitcoin (BTC) has recorded a remarkable surge in the past 14 days, nearing the $70,000 mark earlier this week. However, some market watchers shared their worries about the recent retraces, suggesting the cryptocurrency could face another correction ahead of the US Presidential election.

152 +

Bitcoin could hit $71K soon, but THESE key conditions need to align

BTC was trading in a symmetrical triangle pattern that could trigger a major breakout to the upside. Market sentiment also suggests room for Bitcoin to climb even higher, potentially reaching $The post Bitcoin could hit $71K soon, but THESE key conditions need to align appeared first on AMBCrypto.

130 +

Why is Bitcoin going up today? This historical trend could be key

Is a surge incoming for Bitcoin before the upcoming U.S. elections? BTC could rally to $70K by the end of October. On the 14th of October, Bitcoin [BTC] rallied 5% and retested $66K as analyThe post Why is Bitcoin going up today? This historical trend could be key appeared first on AMBCrypto.

120 +

Bitcoin ETFs Could Boost Bitcoin Price in Q4

Could Bitcoin see another rally despite waning sentiment?

138 +

Bitcoin set for potential breakout this week

Bitcoin could be on the path to a new all-time high if it breaks out of its reaccumulation phase this Saturday, according to an analyst. In a Sept. 14 X post, prominent trader Rekt Capital indicated that Bitcoin could soon…

47 +

Here's why Bitcoin’s ATH could be closer than you think

Bitcoin could create a new all-time high in Q4 with a rally driven by multiple catalysts. However, profit-taking activities might continue to stifle the short-term rally. Bitcoin [BTC] tradeThe post Here's why Bitcoin’s ATH could be closer than you think appeared first on AMBCrypto.

49 +

Trump Election Victory Could Send Bitcoin to $125,000, Says Standard Chartered Analyst

A Trump win could fuel a Bitcoin rally, though new all-time highs are expected regardless of the 2024 election outcome.

296 +

Satoshi Nakamoto Had Alternative Name Option for Bitcoin

Bitcoin's name could have been Titcoin

144 +

Bitcoin struggles to hold $60K, but THESE factors could help

Bitcoin shows signs of improving market confidence but short-term headwinds are still in play, influencing its performance. Can Bitcoin drum up enough momentum amid signs of declining dominanceThe post Bitcoin struggles to hold $60K, but THESE factors could help appeared first on AMBCrypto.

164 +

Bitcoin’s ‘ultimate price’ could surpass $700K based on 3% portfolio allocation — Analyst

In the bullish case, Bitcoin's ultimate price could surpass $24 million per coin, but global adoption still needs to grow by at least fourfold.

860 +

Bitcoin could see deeper correction after payroll data release: Bitfinex head of derivatives

Economic uncertainty and potential Fed rate cuts could either stabilize Bitcoin or lead to further declines, impacting investor sentiment and ETF flows. The post Bitcoin could see deeper correction after payroll data release: Bitfinex head of derivatives appeared first on Crypto Briefing.

174 +

Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance

An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross this resistance level of an on-chain pricing model. Bitcoin MVRV Extreme Deviation Pricing Bands Put Resistance At $65,800 In a new post on X, analyst Ali has discussed some price levels for Bitcoin that could be important based on an on-chain pricing model.

185 +

A More Than $1T Bitcoin DeFi Opportunity

Decentralized finance is coming to Bitcoin – and it could be huge.

75 +

Big miners pose a growing existential threat to Bitcoin

As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin's hash rate. That could become a problem for Bitcoin users in the near future.

755 +

Bitcoin Price Could Remain Stagnant for 2 Months: Report

Bitcoin's post-halving period could see up to two months of price stabilization, with potential fluctuations around $10,000, influenced by shifts towards altcoins and a quieter summer expected. The post Bitcoin Price Could Remain Stagnant for 2 Months: Report appeared first on BeInCrypto.

130 +

Bitcoin chart bull flag is a ‘strong bullish setup’ — Analyst

Bull flags are historically associated with more upside momentum, but Bitcoin price could still use a catalyst before rallying to new highs.

248 +

Bitcoin's post halving correction could pull BTC's price by 20% IF...

Bitcoin holders were still profitable, which threatened more selling pressure should the market uncertainty continue. The MVRV ratio's predicted dip could take Bitcoin prices below the key $59kThe post Bitcoin's post halving correction could pull BTC's price by 20% IF... appeared first on AMBCrypto.

213 +

Bitcoin Could Hit $86,000 If This Key Level Is Surpassed: Analyst

In a compelling forecast for Bitcoin, Ali Martinez, a well-known cryptocurrency expert and trader, has pointed out a possible development that could propel the crypto asset’s price to the $86,000 threshold in the foreseeable future.

160 +

Bitcoin Could Surge to $120K on 'Doomsday Rally,' Trader Says

Geopolitical factors could see investors allocate funds to alternative assets such as bitcoin, some observers say.

291 +

Bitcoin (BTC) Could Be on Verge of Hitting $112,000 and Even Higher

Bitcoin's true target could be higher than expected by majority

163 +

BTC hits $52k as halving draws closer: Should you buy more tokens now?

Key takeaways Bitcoin could be heading towards a new all-time high soon as it broke past the $52k mark for the first time since December 2021. The Bitcoin halving is only 66 days away and the market could provide numerous opportunities to investors.

179 +

Bitcoin ETF Approval: Analyst Details If It Could Trigger a ‘Sell-The-News’ Reaction

The long-awaited approval of a Bitcoin exchange-traded fund (ETF) in the US could actually catalyze a correction in crypto prices rather than an immediate rally, according to analysis by Cryptonary.

385 +

A look at Shiba Memu as Bitcoin and crypto eye new bull market

As the bullish sentiment around crypto solidifies, investors are eyeing what could be the next big thing and attention is on some of the trending presale projects. Could Shiba Memu (SHMU) be worth a bet in the current market?   Bitcoin taps major level amid bullish predictions Bitcoin touched $42k this week, with its yearly gains […]

99 +

Grayscale Bitcoin Trust Could See $2.7B of Outflows if ETF Conversion Is Approved: JPMorgan

The bitcoin price could come under pressure as some of the money is likely to completely exit the ecosystem, the report said.

85 +

Analyst Sets $30,000 Floor For Bitcoin, But Can We Forget 2021’s Misfire?

The price of Bitcoin presses on towards the upside and, once again, touched a critical resistance close to $38,000. The cryptocurrency could trend sideways at its current levels in the short term, leading analysts to find the support level that could withstand a spike in selling pressure.

187 +

This Is the One and Only Thing that Could Kill Bitcoin

Former BitMEX CEO Arthur Hayes voices a concern that institutional custody, spurred by potential Bitcoin ETF approvals, could derail Bitcoin's original promise of financial freedom and decentralization, turning it into just another institutionalized asset.

293 +

Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar

Morgan Stanley, a big investment bank, has just stated that the upcoming Bitcoin (BTC) halving will likely trigger a fresh bull market in 2024.   This means that the price of Bitcoin could go up significantly and so will other altcoins.

169 +

What Will Wall Street’s Bitcoin Narrative Be?

With Bitcoin ETFs round the corner, financial institutions are gearing up to promote BTC investing. The message is likely to obscure Bitcoin’s origins but could be useful for native-crypto companies, argue Dave Birnbaum and David Waugh, from Coinbits.

312 +

Bitcoin Price Consolidates Below $35K – Here’s What Could Trigger Bearish Reaction

Bitcoin price attempted a fresh increase above the $34,500. BTC could start a major downside correction if there is a close below the 100 hourly SMA. Bitcoin is still struggling to clear the $35,000 resistance.

191 +

Crypto Analyst Points Out Bitcoin Sell Signal That Could Be Triggered Today

The flagship cryptocurrency, Bitcoin, is fast approaching $31,000 following its gains over the weekend. Analyzing this price action, crypto analyst Ali Martinez has predicted Bitcoin’s future trajectory as he suggests that the bears could regain dominance soon enough.

181 +

BlackRock’s Spot Bitcoin ETF Approval Could Propel Bitcoin To $56,000, Matrixport Says

312 +

Analyst suggests The Fed could push Bitcoin to $20,000

Popular cryptocurrency YouTuber Crypto Banter believes Bitcoin could fall to $20,000 in the near future amid ongoing economic uncertainty.

1303 +

Bitcoin’s Crypto Market Dominance Rises to 50% and It Could Go Higher, Say Analysts

Hopes for a spot bitcoin ETF and the latest regulatory actions could prove a further catalyst.

217 +

The Tech Stock Trend Is Strengthening: Why This Matters For Bitcoin

The Nasdaq (NDX) retreated last week, leaving behind a nasty looking candle. However, when measuring the underlying trend strength, tech stocks could have a lot more to go. And if that’s the case, it could be bullish for Bitcoin according to a new historical comparison.

192 +

Bitcoin to $48,000 in crypto summer? Only if…

An explosive upward trajectory, triggered by the Livermore trendline, could help Bitcoin reach $48,000. While there were signs of correction, an entry point could be BTC's press time price.

243 +

Bitcoin (BTC) Under Satoshi Nakamoto Could Have Been Security Too: XRP Holders' Lawyer

John Deaton is convinced that even Bitcoin could have been recognized as security if this had happened in Satoshi Nakamoto's time

248 +

Long-term holders capitulating to the tune of 100k Bitcoin after SVB collapse could mark a stronger market rebound

Quick Take Bitcoin is hovering around $28,500 and has proven significant resistance in the past few weeks. The post Long-term holders capitulating to the tune of 100k Bitcoin after SVB collapse could mark a stronger market rebound appeared first on CryptoSlate.

256 +

The upcoming Bitcoin halving could have this effect on your holdings

According to new data by CryptoQuant, the upcoming Bitcoin halving could trigger a relief rally for Bitcoin. Miner revenue declined as holders sold their BTC for a loss. Bitcoin [BTC] holderThe post The upcoming Bitcoin halving could have this effect on your holdings appeared first on AMBCrypto.

262 +

Bitcoin Holds Fast Over 16K, but Crypto Winter Could Be Prolonged

Bitcoin traded sideways throughout the week but analysts warn that FTX fallout could affect prices for an extended period of time.

117 +

Bitcoin’s new lower price target set by analysts. Here is what could drive it

What next after Bitcoin (BTC/USD) broke below its long-term psychological level at $19,000? According to a crypto analyst who predicted the 2021 crash, Bitcoin is headed to $13,000. The pseudonymous analyst tells his 618,400 Twitter followers to expect one “last nuke” that could see altcoins also tank by 30-40%.

202 +

Could Rishi Sunak Be Bitcoin’s 'October Surprise'?

The new English prime minister could spark interest in bitcoin within a country that desperately needs it.

142 +

Could Rishi Sunak Be Bitcoin’s “October Surprise?”

The new English prime minister could spark interest in bitcoin within a country that desperately needs it.

152 +

Could Bitcoin’s security be at risk as a result of this update? Decoding details

Bitcoin [BTC] managed to surpass the $19,000 level towards the end of October. The king coin was constrained to this level for the longest time and made several attempts to move past it. Both holders The post Could Bitcoin’s security be at risk as a result of this update? Decoding details appeared first on AMBCrypto.

328 +

How Incorporating Bitcoin Into Architecture Could Revolutionize Sustainable Living

A case study on how Bitcoin could be utilized in a modern energy efficient, renewable-powered dwelling.

114 +