Crypto investors should prepare for even more volatility around the US election, with traders and analysts predicting “at least” a 10% move for Bitcoin.
Bitcoin Analysis news
A historically accurate Bitcoin price indicator suggests that BTC’s price will reach the $174,000–$462,000 range within 24 months.
Continued ETF inflows could help push Bitcoin to a new all-time high, which the asset came within $200 of on Oct. 29.
“Bitcoin is currently being used as a liquid proxy to hedge a Trump win,” which was previously seen as “underpriced,” according to an analyst.
If Bitcoin produces a clear move above $72,000, its price could be in the six-figure range by 2025, the latest market analysts suggests.
Crypto traders, market analysts and several metrics suggest that an “altcoin season” is about to begin as Bitcoin price challenges new highs.
Analysts expect Bitcoin’s price consolidation to end soon, paving the way for a “huge move” upward.
Ether’s monthly momentum indicator suggests a potential 25-50% rebound against Bitcoin in 2025.
Despite this week’s Bitcoin price drop, whales continued to add to their balance and the current v-shaped BTC recovery could be a sign that new highs are coming.
Bitcoin price is selling off after last week’s stellar move to $69,000. Charts suggest BTC price has a bit further to fall. Cointelegraph explains why.