Crypto commentators are “bullish” on MicroStrategy’s plan, predicting it will propel the company ahead of not just other public firms but countries too.
Bitcoin news
Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs
Bitcoin’s shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?
Donald Trump said nothing about changing tax laws for Americans using Bitcoin to buy coffee but has suggested eliminating federal income tax.
A historically accurate Bitcoin price indicator suggests that BTC’s price will reach the $174,000–$462,000 range within 24 months.
The proposed ETF holds a diverse basket of crypto assets, include altcoins. It may face competition.
BTC price gains are seen continuing after a brief support retest, but it is the lack of interest or market overheating causing the real stir.
Continued ETF inflows could help push Bitcoin to a new all-time high, which the asset came within $200 of on Oct. 29.
Bitcoin appears primed for new highs before 2025, according to numerous BTC price metrics.
“Bitcoin is currently being used as a liquid proxy to hedge a Trump win,” which was previously seen as “underpriced,” according to an analyst.