Bitcoin’s upcoming price recovery will be driven by a handful of unique factors.
Markets news
Bitcoin’s brief rally to $69,000 maybe have been “driven by speculation” for a Trump victory. Meanwhile, BTC options traders say $80,000 is programmed.
Traders expect Bitcoin downside price action to continue but also agree that in the coming weeks, $73,000 could occur “fairly quickly.”
Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?
Bitcoin faces limited time to convince that it is “actually strong” as cooling BTC price action sticks around.
Bitcoin price was rejected due to profit-taking and big resistance at $69,000, but breaking it would trigger over $1.6B in short liquidations.
XRP prices have declined after Ripple co-founder’s $10 million donation to Kamala Harris’ US presidential campaign.
Bitcoin transaction volume analysis hints that retail interest is slowly returning in line with BTC price upside.
Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear.
A unique Bitcoin price model charts a potential $285,000 top for BTC in 2025.