BlackRock’s spot Bitcoin ETF recorded $875 million of inflows on Oct. 30, surpassing its previous record by around 3%.
Markets 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?
A historically accurate Bitcoin price indicator suggests that BTC’s price will reach the $174,000–$462,000 range within 24 months.
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 appears primed for new highs before 2025, according to numerous BTC price metrics.
BTC price strength is already nailing new record highs against major fiat currencies, but gold is now the holy grail for Bitcoin bulls.
Crypto analysts suggest a Trump victory could give the crypto market a “dopamine hit,” but with considerable volatility already priced in, traders should remain cautious.
ETF analyst Eric Balchunas says the outsized trading volume across BlackRock’s spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears its all-time high.
Bitcoin price rallies within $200 of a new all-time high as several fundamentals point to the crypto bull marking picking up pace.