Pantera is now up more than 130,000% from its first Bitcoin purchase back in July 2013.
Bitcoin Price news
Bitcoin’s strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.
BTC price upside makes a confident return as chart analysis sees fresh odds of Bitcoin hitting $100,000 after all.
Bitcoin price rallied over 58% since May, when the M2 money supply turned positive year-over-year for the first time since November 2023.
Analysts are eyeing a 20–30% Bitcoin correction before the world’s first cryptocurrency breaches the $100,000 mark.
On the yearly chart, Bitcoin rose 146% while MicroStrategy gained over 599% as more retail investment increased MicroStrategy’s volatility compared to BTC.
Bitcoin unexpectedly fell under $92,000 on Nov. 25. Do bulls still have a chance to rally to $100,000?
The growing network activity is a promising sign for Bitcoin’s battle toward the historic $100,000 mark, which was just $200 away on Nov. 22.
Onchain data reveals that ETF flows haven’t been the primary causes of sell pressure for Bitcoin.
BTC price retracement expectations hinge on bulls protecting new local lows as Bitcoin traders stick to high-leverage bets.