Why The Bitcoin At $100K Discourse Remains Strong Despite Market Crashes
Bitcoin no doubt had an eventful ride through the month of September. The month which usually carries promises of price dips and crashes, and overall low market momentum maintained its reputation. This led to a value loss of over 20% in the market, causing cryptocurrencies to tumble down in the market. For the majority of the market, it was a matter of holding on long enough for the month to run out. Now that September is behind us, it is time to look forward. October has historically been known to perform in the complete opposite of its predecessor. This is when assets recover their lost....
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Despite the recent downfall of the crypto market, the projection of Bitcoin (BTC) to cross the $100k threshold remains seen as a matter of time. Back in December, Bloomberg Intelligence indicated that the anticipated mark would happen eventually “due to the economic basics of increasing demand vs. decreasing supply,” and new data shed some light on that idea. Bitcoin Vs. Crude Oil In a new Bloomberg Intelligence report, data shows trends that could favor Bitcoin and Ethereum prices. The report noted that “Representing advancing technology, Bitcoin is gaining traction as a....
Bitcoin recovered above $50K on Tuesday following a rallying that pulled the market back into the green. October has so far been good for the digital asset and investors have begun to return again into the market amid recovering prices. On the investment front, inflows show that institutional interest in bitcoin is returning after inflows had fallen short of expectations in the previous weeks. Bitcoin Makes Up 76.6% Of Weekly Inflows A report published by CoinShares shows that bitcoin inflows had picked back up. Altcoins had been taking more market share as their popularity grew due to the....
Bitcoin is struggling to hold the $100K level, with bulls unable to reclaim momentum as fear and uncertainty dominate the market. The price continues to trade near critical support, and despite strong on-chain fundamentals, sentiment remains fragile. According to top analyst Darkfost, the market is undergoing a profound transformation — one that’s making many traditional […]
Bitcoin is trading just below the psychological $100K mark, facing a critical test as bulls attempt to sustain the recovery rally. After weeks of strong upside momentum, the market has now entered a decisive phase, where a breakout above $100K could trigger a wave of renewed buying interest and potentially mark the start of a […]
Bitcoin is attempting to establish a short-term direction after successfully holding the $90K level but struggling to reclaim the $100K mark. The price continues to trade within a tight range, fluctuating between $94K and $100K, creating uncertainty among investors. While Bitcoin’s long-term outlook remains bullish as it holds above critical demand levels, short-term price action […]