What’s Next For Bitcoin? Two Key Scenarios: Will It Crash To $60,000 Or Surge...
Bitcoin (BTC) came under heavy selling pressure over the weekend after failing to hold the $84,000 level, a move that culminated in a sharp decline on Monday. The sell‑off pushed the cryptocurrency down to around $74,000, marking its lowest price in roughly 10 months and reigniting debate over where the market could be headed next. Bitcoin’s Make‑Or‑Break Level In a recent Monday post on the social media platform X (previously Twitter), analysts at Bull Theory outlined two potential paths forward for Bitcoin as volatility remains elevated. They noted that after briefly rebounding toward....
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Crypto pros and newbies alike are asking why bitcoin prices keep hitting new all-time highs, and if prices are due to crash. Here's what the experts say.
Michael Saylor’s Bitcoin strategy has been in focus since the recent BTC crash. There have been speculations of what could happen to Saylor’s company, Strategy (MSTR), and its BTC holdings if the flagship crypto continues to crash. Schiff Predicts Bankruptcy For Saylor’s Strategy Amid Bitcoin Crash In an X post, renowned economist Peter Schiff stated […]
Bitcoin’s (BTC) sharp sell‑off has intensified pressure on Strategy, the company formerly known as MicroStrategy, even as it continues to expand its already massive cryptocurrency holdings. On Monday, the firm disclosed another BTC purchase at a time when prices were sliding to levels not seen in almost a year. Strategy Adds Bitcoin During Market Sell‑Off According to a securities filing released on Monday, Strategy acquired an additional 855 Bitcoin over the prior seven days, paying an average price of about $87,974 per token. The transaction amounted to roughly $75.3 million and further....
In a rather unexpected turn of events, the Shiba Inu (SHIB) burn rate has plummeted by a staggering 79.89% in just 24 hours. Once considered the cornerstone of Shiba Inu’s deflationary strategy and a key driver behind the meme coin’s long-term value, this dramatic decline in token burns now sparks serious concerns about what’s behind […]
After hitting a new all-time high, the bitcoin price has since retraced towards its pre-pump levels from last week, completely erasing its rapid gains. As a result, the bears seem to be reclaiming control once again, with sellers dominating the market. While expectations for another sharp recovery abound, crypto analyst Melikatrader has outlined two possible scenarios for the pioneer cryptocurrency, with both ending in bearish reversals toward established local peaks. Lower Trendline Break Points To Bearish Developments The analysis highlights the two possible directions that the Bitcoin....