Bitcoin’s record monthly gains come eight days before the end of November — historically the most bullish month for Bitcoin returns.
Bitcoin Analysis news
Bitcoin price targets for 2025 range from $100,000 to $200,000, but a fractal indicator warns about a 40% crash first.
Bitcoin analysts and traders are optimistic that BTC price will hit the coveted $100K mark, despite “luke-warm” social media response to the latest all-time highs.
There are five key indicators that can help investors tell if Bitcoin is bearing a local top, and one of them is already flashing red.
The analyst’s predictions come shortly after Bitcoin staged the best weekly return since the 2023 US banking crisis.
The US banking crisis is what catalyzed the 2023 bull run, according to BitMEX’s Arthur Hayes.
Bitcoin price is now just 17% away from surpassing the $100,000 mark, which could occur before the end of 2024 due to Trump’s presidential victory, analysts told Cointelegraph.
Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered by Trump’s presidential victory.
CryptoQuant CEO Ki Young Ju tips Bitcoin to finish the year at $58,974 but another analyst disagrees, saying a major pullback is unlikely.
Bitcoin is on the road to deliver its best weekly performance since February following Trump’s reelection.