Todd Gordon, founder of TradingAnalysis.com predicted Bitcoin (BTC) to drop to $4,000 prior to a rebound above $10,000 by 2019 on CNBC’s Stock Draft June 22.
When asked to explain his estimates, Gordon cited a “beautiful uptrend,” and called the recent correction down from $19,000 “inconsequential” given the gains in BTC price since 2015.
The analyst said that the current high to low range is 17 percent on average, which is one of the lowest BTC has ever seen.
Earlier in June, stock analytics firm Trefis estimated a BTC year-end price of $12,500, which is $2,500 lower than their initial forecast.
Last month, Wall Street analyst Spencer Bogart said that the major cryptocurrency will trade “at least” above $10,000 by the year’s end.
Bitcoin is currently trading below the $87,000 level, struggling to find momentum as bearish pressure and market volatility continue to create uncertainty. Despite attempts to stabilize, BTC remains under pressure, with traders looking for signs of a potential trend reversal or deeper correction.
Bitcoin’s price movements often reflect a complex interplay between derivatives, spot market activity, and trader sentiment.
BTC’s total Netflow stood at $93.24M, with a 24-hour change of +The post Bitcoin traders brace for volatility - BTC could face further declines IF... appeared first on AMBCrypto.
BTC has made a moderate recovery over the past day, rising by 1.55%.
Sellers still dominate Bitcoin markets, and it seems a short squeeze has led to a short-term recovery.
Bitcoin’s [BTC] The post Bitcoin recovers to $86K - Can BTC hold on, or will sellers strike again? appeared first on AMBCrypto.
Bitcoin plunges to $86K, marking its steepest quarterly drop since August 2024.
Whales accumulate 26,430 BTC, while short-term holders sell 27,500 BTC at a loss.
Bitcoin [BTC]’s recent pluThe post Will BTC whales save Bitcoin as the market dives into 'extreme fear' zone? appeared first on AMBCrypto.
BTC's long liquidation cluster has been sitting below price for some time.
BTC MACD histogram is negative, confirming that the downward momentum has increased.
Bitcoin [BTC] has recently bThe post Bitcoin: Are long positions forming bearish pressure on BTC? appeared first on AMBCrypto.
On-chain data shows the presence of a massive Bitcoin supply wall around the $97,200 level, something that could impede BTC’s advances beyond the mark. Bitcoin Has Significant Resistance At Price Levels Just Ahead In a new post on X, the market intelligence platform IntoTheBlock has discussed how BTC support and resistance levels are looking from an on-chain perspective right now.
Strategy, formerly MicroStrategy, has announced the purchase of another 7,633 Bitcoin (BTC). The company spent $742. 4 million to bring its total investment to $31. 1 billion and 478,740 BTC. Strategy, formerly MicroStrategy, has added more than $742 million worth of Bitcoin (BTC) to its holdings.
The crypto market has again been gripped by volatility, keeping traders on edge. Bitcoin (BTC) recently dipped to $95K before recovering slightly, while Ethereum (ETH) and Solana (SOL) struggled in negative territory.
Bitcoin has experienced massive price swings since the weekend, dropping to $91K before staging a strong recovery above $100K. However, BTC now sits around $98K, struggling to maintain momentum amid ongoing trade war fears that have shaken global markets.
Bitcoin has experienced significant volatility in recent days, navigating through bearish sentiment and market uncertainty. Despite this, BTC remains strong above the $100K mark, holding a key psychological and technical level.
Bitcoin has experienced heightened volatility in recent days, with price action fluctuating between key levels amid ongoing bearish sentiment and market uncertainty. However, despite the turbulence, BTC remains resilient above the crucial $100,000 mark, signaling strength in the long-term trend.
BTC’s price hovered between key levels, with the 50-day and 200-day moving averages indicating a potential pivot point.
Short-term holder activity suggested increased market liquidity, but heThe post Bitcoin STHs start to rise: Analyzing its impact on BTC appeared first on AMBCrypto.
The market for cryptocurrency has been a hive of activity, and demand for Bitcoin (BTC) is proving to be very robust, with net outflows from exchanges hitting an astonishing $800 million this week. This is a noticeable trend as the amount of BTC available on centralized exchanges (CEXs) continues to drop. HODLers are still HODLing, [...]
U.S. BTC reserve uncertainty capped BTC's recent upswing.
Options market suggested extended price swings for the next 48 hours.
Bitcoin [BTC] recorded gappy moves during the inaugurationThe post Bitcoin: Here's how BTC responded to Donald Trump’s inauguration appeared first on AMBCrypto.
As the new crypto-friendly administration takes office, crypto investors expect a likely volatile market. However, some analyst shared their bullish predictions as Bitcoin (BTC) hit its latest all-time high (ATH) of $109,000.
Bitcoin has made an impressive recovery, surging over 15% since Monday’s flash crash brought the price briefly to the $89,000 level. The rebound has reignited bullish momentum, with BTC now attempting to push above a key supply zone.
Bitcoin (BTC) trades above $96,000 on Tuesday, January 14. The largest cryptocurrency has recovered from a flash crash under $90,000 and macroeconomic headwinds last week. Large scale profit-taking could push BTC to the support zones on the weekly chart, close to the $70,000 level.
Data reveals that BTC "shrimps"—wallets holding over one Bitcoin—have consistently accumulated the asset over time, now controlling a notable portion of its supply.
BTC's price trajectory aThe post Bitcoin: Can BTC reach new ATH as crypto mirrors 2017 pattern appeared first on AMBCrypto.
As Bitcoin (BTC) continues its pullback into the low $90,000 range, analysts are divided on how much further the top cryptocurrency might fall before a potential bounce. However, long-term market observers remain confident, emphasizing that short-term price action does not alter their belief in BTC’s eventual rise to a million dollars or more in the coming years.
MicroStrategy buys another $101 million of Bitcoin. Company’s holdings now stand at 447, 470 BTC. KULR also announced it purchased $21 million worth of Bitcoin to add to its holdings. MicroStrategy has added to its Bitcoin (BTC) haul with another big purchase of 1,070 BTC valued at approximately $101 million.
Bitcoin retail investors were gone as soon as they arrived.
BTC has increased by 3.07% over the past week.
Since reaching $100k nearly three weeks ago, Bitcoin’s [BTC] has struggled to breThe post Bitcoin: Can BTC break $100K after retail interest disappears? appeared first on AMBCrypto.
Per QCP Capital, BTC could remain range-bound in January.
BTC sold off after the December options expiry amid low trading volumes.
Bitcoin [BTC] closed the year muted, despite rallying 1The post Bitcoin's Q1 outlook: Will February bring gains for the crypto? appeared first on AMBCrypto.
Bitcoin’s price fell by 2% within an hour after MicroStrategy announced its eighth consecutive weekly BTC acquisition. According to CryptoSlate’s data, the market reaction was less enthusiastic about the firm’s latest Bitcoin purchase, which dragged BTC down to $92,900 at the time of writing —a 10% drop from its record high of over $108,000.
Since Bitcoin’s price began to drop after its recent surge to a new all-time high on December 17, several key metrics have been demonstrating bearish movement, sparking uncertainty about BTC’s prospects in the short term.
El Salvador now holds more than 6,000 Bitcoin, reaching this milestone after adding another BTC on Dec. 29. The country’s Bitcoin (BTC) treasury now stands at 6,000. 77 BTC, valued at approximately $561.
Bitcoin delighted investors with a Christmas Eve surge, climbing from $92,300 to an intraday high of $99,400. The swift rally has reignited bullish sentiment as the price successfully held a critical demand level, signaling strength and positioning BTC to challenge the psychological $100,000 milestone.
At the time of writing, BTC was slumping for the fourth day.
Bitcoin's SOPR, however, shows positive trends from LTH.
As Bitcoin[BTC] hovered near $94,000, the Spent Output Profit Ratio (SOPThe post Bitcoin: What SOPR ratios say about BTC's next move appeared first on AMBCrypto.
BTC’s fear and greed index revealed that the market was in a “fear” phase.
Selling pressure was high, which can push BTC down further.
Bitcoin [BTC] has now dropped below $95k, spThe post Will Bitcoin drop to $91k again in 2024? Watch out for THESE factors appeared first on AMBCrypto.
BTC has declined by 2.44% over the past 24 hours.
Bitcoin's NUPL suggest a potential to a record high of $130k-$160k.
Bitcoin [BTC] has struggled to maintain an upward momentum since hittingThe post Could Bitcoin skyrocket to $160k? BTC's NUPL hints at... appeared first on AMBCrypto.
BTC appeared to be following the trajectory of the previous bullish cycles of 2017 and 2020, potentially setting the stage for a significant price surge.
Long-term holders were expected to playThe post Bitcoin: How THIS historical pattern can push BTC to $220k appeared first on AMBCrypto.
Marathon Digital leads the Bitcoin mining sector, acquiring 44,394 BTC through $1. 9 billion in funding, exemplifying strategic industry dominance.
The post Marathon Digital Acquires 15,574 BTC, Reaches $4.
MicroStrategy, the business intelligence firm led by Michael Saylor, has ramped up its Bitcoin (BTC) acquisition strategy for the sixth consecutive week. This latest purchase comes as BTC has surged to new all-time highs, with the leading cryptocurrency recently surpassing the $106,00 mark on Monday.
BTC price could hit $103K, driven by liquidity sweep.
A likely uptick in global longs could mark a potential BTC reversal and bull trap.
For the past few days, Bitcoin [BTC] has stayed aThe post Bitcoin eyes $103K: Will the Fed Rate propel or plunge BTC? appeared first on AMBCrypto.
Whales have been steadily accumulating BTC, a factor that has contributed to the recent price surge.
Also, there was little liquidity below Bitcoin’s price, with major resistance levels aboveThe post Whales aid Bitcoin's recovery: Will $105K be next for BTC? appeared first on AMBCrypto.
Buying pressure was rising, which can help turn BTC’s charts green.
A bullish trend reversal can push BTC towards $100k again.
After crossing $100,000 a few days ago, Bitcoin [BTC] hasThe post Bitcoin at $96K: Is a $100K BTC rebound likely in December? Latest data shows... appeared first on AMBCrypto.
Bitcoin whales accumulated 20,000 BTC worth $2 billion in the last 24 hours
On the price front, the crypto appreciated by just 1.39% though
Bitcoin [BTC] has shown significant resilience oveThe post Bitcoin whales scoop up 20,000 BTC worth $2B in 24 hours - Impact? appeared first on AMBCrypto.
US presidential son Eric Trump urged the traditional financial sector and Wall Street to evolve and embrace cryptocurrencies before they get left behind. Trump made the remark after his father, US President Donald Trump, announced that the US government is moving towards the creation of a Strategic Crypto Reserve.
Bitcoin’s price is expected to stay under pressure until April, with analysts warning a stronger U.S. dollar and shifting market dynamics influencing its trajectory. Bitcoin’s (BTC) price may stay under correction until April, according to a new Matrixport analysis, which…
With institutional involvement and shifting market dynamics, analysts believe Bitcoin’s bull market could outlast past cycles, extending past 2025. Bitcoin’s (BTC) future might break from its usual cycle, with analysts suggesting that past steep corrections could be a thing of…
In a notable change of sentiment, Wall Street executives are expressing a newfound optimism toward the crypto industry just days into President Donald Trump’s second administration. This shift is largely attributed to the 47th President’s pro-crypto agenda, which marks a stark contrast to his previous skepticism during his first term. Morgan Stanley CEO Advocates For […]
Bitcoin’s multi-day blast to consecutive new highs caught Wall Street's attention, with billions flowing in crypto ETFs since November’s start and the U.S. elections.
The following is a guest post by Mauricio Di Bartolomeo, Co-founder and CSO at Ledn. After years of dismissing the asset, Wall Street is finally recognising Bitcoin’s potential. At Bitcoin 2024 in Nashville, the air crackled not just with the usual enthusiasm, but with the unmistakable scent of vindication.