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.
Bitcoin Price news
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.
Analysts at 10X Research predict BTC could reach $100,000 by the new year, driven by institutional interest, market signals and Bitcoin’s dominance.
BTC price strength is already nailing new record highs against major fiat currencies, but gold is now the holy grail for Bitcoin bulls.
Despite its recent price rally, search interest for “Bitcoin” on Google is still generating only a fraction of the traffic that “AI” has over the last week.
Bitcoin price rallies within $200 of a new all-time high as several fundamentals point to the crypto bull marking picking up pace.
Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said.
BTC price momentum gathers pace with new all-time highs just $1,000 away — but Bitcoin market gurus see the need for a support retest first.