Bitcoin will crash to $50K, 10x Research warns

According to 10x Research, Bitcoins potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows.

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Predicting Bitcoins Rise: Analyst Scott Melker Believes $250K by 2025 is Achievable

Bitcoin Could Reach $250,000 by 2025, Predicts Scott Melker In a recent interview, Scott Melker, also known as “The Wolf Of All Streets,” expressed his optimistic outlook on Bitcoin’s price trajectory. Melker believes that Bitcoin has the potential to reach $250,000 by the year 2025, citing various factors that could contribute to this significant price [...]

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Why Bitcoin Hasnt Hit $150K Yet: The Impact of Outsiders Ignoring It according to Michael Saylor

Unfortunately, I am unable to access external content such as the provided link. If you could provide me with the key points or a summary of the article, I would be happy to help rewrite it for you.

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Bitcoin Trader Predicts BTC Will Hit $125K to $150K in Next Cycle with Specific Criteria

A Bitcoin analyst predicts that the cryptocurrency’s cycle peak could reach anywhere from $125,000 to $150,000, depending on specific conditions being fulfilled. In a recent statement, the trader highlights the importance of various factors that could propel Bitcoin to this price range. This forecast comes as Bitcoin continues to show resilience and maintain its position [...]

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Bitcoin Could Could Gain Momentum For A Move To $150,000 If Bulls Reclaim This Level Details

Bitcoin is currently trading at $90,800 after a strong 13% rebound from the $81,000 level, as bulls attempt to regain control of price action. After days of volatility and uncertainty, Bitcoins recovery has renewed optimism in the market, but traders remain cautious as BTC faces key resistance levels. Related Reading: 2.23 Million Chainlink Moved To Exchanges In Two Weeks Selling Pressure Incoming? All eyes are now on Fridays President Trump Crypto Summit, where he is expected to announce a definitive plan for the U.S. Strategic Crypto Reserve. This event could have a major impact on Bitcoins trajectory, as regulatory clarity and institutional involvement could drive renewed investor interest. Top analyst Ali Martinez shared a technical analysis on X, highlighting a crucial resistance level at $97,000. According to his analysis, if Bitcoin reclaims $97K, it could gain momentum for a massive rally toward $150,000. This level is a key breakout zone, which could trigger a new leg up in the current market cycle. With Bitcoin hovering just below significant resistance, the next few days will be critical in determining whether BTC can push higher or faces another retracement. Traders are closely watching for confirmation of a breakout, with the Crypto Summit set to be a potential catalyst for the next big move. Bitcoin Prepares For A Breakout Bitcoin has faced massive volatility and sharp price swings since last week, keeping traders on edge as it struggles to establish a clear trend direction. After reaching $96,000, BTC plunged over 18% to $78,000, triggering panic selling and widespread liquidations. This sharp drop wiped out overleveraged positions, leading to heightened uncertainty as investors looked for signs of stabilization. Related Reading: Whales Bought 420 Million Cardano After Trumps U.S. Strategic Crypto Reserve Announcement Insights Since the crash, Bitcoin has been swinging up and down, failing to confirm a decisive move in either direction. Every attempt at a sustained breakout has met with selling pressure, while dips have been met with demand, leaving BTC stuck in a high-volatility phase. Martinez’s technical analysis on X points out that if Bitcoin reclaims $97,000, it could gain momentum for a move toward $150,000. His analysis is based on the Pi Cycle Top indicator, a historically reliable tool for identifying market cycle peaks and major trend reversals. Bitcoin could prepare for a massive rally if price follows previous cycle behavior, assuming key supply levels are reclaimed. For now, the $97,000 resistance remains a critical barrier. If BTC can flip this level into support, the market could see a rapid bullish expansion. However, failure to reclaim these levels could lead to further consolidation or another leg down before any major trend shift occurs. BTC Trading Above $90K: Can Bulls Hold It? Bitcoin is currently trading at $90,800 after enduring days of massive selling pressure and negative sentiment. Despite recent attempts to regain momentum, BTC has struggled to establish a clear trend, leaving traders cautious about its next move. For Bitcoin to confirm a recovery, it must stay above $90,000 in the coming days. Holding this level would signal renewed strength and could set the stage for a massive breakout. If BTC maintains this position, a push toward higher levels above $95,000 and beyond could follow, bringing the market back into bullish territory. However, if Bitcoin fails to hold $90,000, the situation could quickly turn bearish again. More importantly, losing the $85,000 level would likely trigger renewed selling pressure and even panic selling as traders rush to protect their positions. A breakdown below this key support zone would indicate further downside risks, potentially sending BTC to lower demand levels. Related Reading: 2.23 Million Chainlink Moved To Exchanges In Two Weeks Selling Pressure Incoming? With market volatility still high, the next few days are critical in determining Bitcoins short-term direction. Whether BTC stabilizes above $90K or faces another leg down will shape the markets momentum in the coming weeks. Featured image from Dall-E, chart from TradingView

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Standard Chartered Predicts Bitcoin At $150,000, ETH At $8,000 By Year-End

Standard Chartered’s latest research notes offer a very bullish outlook for the major digital assets, Bitcoin (BTC) and Ethereum (ETH), by the end of 2024 and beyond. The bank’s analysts project Bitcoin could reach $150,000, while Ethereum could hit the $8,000 mark. These projections come amidst a backdrop of significant developments in the crypto space, including the launch of Bitcoin spot Exchange-Traded Funds (ETFs) and Ethereum’s recent Dencun upgrade. Bitcoin’s Path To $150,000 The bank’s research delves deep into the factors propelling Bitcoin’s potential surge to $150,000 by year-end. Central to this projection is the influence of Bitcoin spot ETFs, which, since their launch on January 11, have seen rapid inflows exceeding increases in open interest. Related Reading: Analyst Expects Bitcoin Price Correction To Persist, Targets $57,000 Support According to the bank, this suggests a more robust and sustainable positioning for Bitcoin, distinct from previous speculative peaks. “Rapid inflows to the new Bitcoin (BTC) spot ETFs have dominated […] Most of the inflows are likely to be sticky pension-type flows,” Geoff Kendrick and Suki Cooper elucidate, highlighting the newfound stability in Bitcoin investment trends. Three pivotal analyses form the cornerstone of Standard Chartered’s Bitcoin valuation: Gold Analogy: Drawing parallels with the gold market’s response to the introduction of US gold ETFs, the bank estimates Bitcoin could rise to the $200,000 level, marking a 4.3x increase from its pre-ETF price. Two-Asset Optimization: By optimizing a portfolio with 80% gold and 20% Bitcoin at current gold prices, the analysis suggests a Bitcoin level around $190,000. ETF Inflows Correlation: Linear extrapolation based on the correlation between ETF inflows and Bitcoin price points to a possible $250,000 level, assuming total ETF inflows around the bank’s midpoint estimate of $75 billion. Standard Chartered notes that these three measures suggest that $200,000 is the ‘correct’ end-2025 price level for BTC, […] and that it is likely to be the new midpoint for a sideways trading range at that time. Related Reading: Bernstein Analysts Convinced Bitcoin Is Headed For $150,000, Heres Why Further the research notes that an overshoot to $250,000 is likely at some point in 2025 if ETF inflows continue apace and/or reserve managers buy BTC. Previously, the bank only predicted a Bitcoin price of $100,000 by the end of 2024. Ethereum’s Road To $8,000 Ethereum’s expected climb to $8,000 by the end of 2024 is anchored in two transformative developments: the Dencun upgrade and the expected approval of ETH spot ETFs. The recent Dencun upgrade, by significantly lowering transaction costs on layer 2 blockchains, enhances Ethereum’s competitive edge. “Ethereum (ETH) has just undergone the Dencun upgrade, which dramatically lowers the cost of transactions […] making ETH more competitive,” the research notes. The forecast also hinges on the anticipation of US SEC approval for ETH ETFs by May 23, a decision poised to catalyze substantial inflows into Ethereum. Drawing from the Bitcoin ETF experience, Standard Chartered expects similar enthusiasm for Ethereum, with projected inflows of 2.39-9.15 million ETH (equivalent to roughly $15-45 billion). This substantial capital infusion is seen as a crucial lever for Ethereum’s price surge. “We expect significant ETF-driven inflows to ETH […] This could drive ETH to the $8,000 level by end-2024,” the bank elaborates, underscoring the parallel potential for growth akin to Bitcoin’s trajectory. The Prognosis For 2025 And Beyond Looking further ahead, Standard Chartered ventures into the terrain of 2025 predictions, where the bank sees the ETH-to-BTC price ratio ascending back to the 7% level, a hallmark of the 2021-22 period. This adjustment forecasts an Ethereum price of $14,000 by the end of 2025, given the projected Bitcoin level of $200,000. Such a scenario underscores the bank’s optimism about the enduring value proposition and growth potential of these leading digital assets in the medium term. At press time, BTC traded at $68,401. Featured image created with DALL·E, chart from TradingView.com

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Bitcoin Price Metric Reaches Key Dollar-Cost Averaging Zone Unseen Since $50K-$70K Trading Range

The price of Bitcoin has reached a critical point, commonly referred to as the dollar-cost averaging (DCA) zone. This zone has not been observed since Bitcoin was trading in the $50,000 to $70,000 range. This development has sparked renewed interest and excitement among investors and analysts. The DCA strategy involves regularly investing a fixed amount [...]

The post Bitcoin Price Metric Reaches Key ‘Dollar-Cost Averaging’ Zone Unseen Since $50K-$70K Trading Range appeared first on Crypto Breaking News.

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$30K to $50K — 6 AI-Powered Chatbots Attempt to Predict Bitcoin’s Price by the Year’s End

With bitcoin price up more than 15% against the U.S. dollar, people are more bullish about the leading crypto asset’s market performance. Two weeks ago, Bitcoin.com News asked several AI-powered chatbots whether they believe bitcoin will become a reserve currency. This time, we posed a different question to the most popular AI chatbots to determine [...]

The post $30K to $50K — 6 AI-Powered Chatbots Attempt to Predict Bitcoin’s Price by the Year’s End  appeared first on Crypto Breaking News.

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Zignaly opens ‘ZIG Vault’ staking with 750K ZIG in pool rewards

Zignaly (ZIG/USD), a social investment platform offering new crypto investors the opportunity to invest alongside top crypto traders, has unveiled its staking vault for October.

The platform’s ZIG Vault, with a reward pool of 750,000 ZIG for the month, will run from 00:00 UTC on 1 October to 23:59 UTC on 30 October, 2022, the team announced recently. Reward distribution will start at 0:00 UTC, on 1 November, 2022 and end on 30 November, 2022 at 23:59 UTC. Zignaly will handle the reward distribution at a 24-hour frequency.

According to Zignaly, investors looking to earn part of the 750k ZIG reward only have to stake a minimum of 2,000 ZIG via the platform’s staking program. Once this is done, stakers stand a chance to earn rewards from the pool proportional to their staked assets.

This way, a ZIG holder adds a passive income stream to their plans, with the monthly staking vault program available to all ZIG holders.

To participate one needs to deposit ZIG to their Zignaly wallet. Those looking to buy ZIG tokens can do so on Zignaly.com or any of the several major platforms that list the token, including Huobi, Gate.io, AscendEX, MEXC and Bitget.

While staked ZIG will be locked and auto-redeemed on 31 October, investors can choose to un-stake after 7 days at a 0% withdrawal fee.

Apart from this, one can opt for ‘fast’ un-staking  that’s available after 2 days at a 2% withdrawal fee, or go for ‘instant’, which means you can un-stake the same day but incur a 5% withdrawal fee.

Zignaly’s products include Crypto Profit Sharing, Crypto Copy Trading, Crypto Signals and Zignaly Bridge, with ZigDAO launched in June this year.

As covered here in September, Zignally has another product, ZIGBids on Polygon, which allows investors to participate in the DeFi ecosystem.

The post Zignaly opens ‘ZIG Vault’ staking with 750K ZIG in pool rewards appeared first on Invezz.

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Bitcoin reach $50,000? $100,000? $200,000? Here’s your Answer

The question remains as to what to specifically expect from a future Bitcoin. Can Bitcoin reach 50000? What about 100K or 200K?

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Bitcoin Price is STILL on an Uptrend! Here’s why Buying BTC is GOOD

Is Bitcoin price up? Can you still buy BTC and make good returns on your investments? Let's find out and lay out the perfect trade setup.

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Bitcoin Price Prediction – BTC up 15%! What’s next? 50K Now?

Bitcoin prices have been rising for several days and were able to increase by around 15% within ten days. Due to the Bitcoin increase, many Altcoins, such as Axie Infinity or Cardano , were also able to rise sharply. But how could things continue with the biggest cryptocurrency, Bitcoin? How far could we still rise and where are the next resistances? Is Buying Bitcoin better than buying other altcoins? Let's tackle all those questions in this Bitcoin price prediction!

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US Senator Ted Cruz Bought the Bitcoin Dip, Discloses BTC Purchase Worth up to $50K – Featured Bitcoin News

U.S. Senator Ted Cruz has declared his bitcoin purchase worth up to $50,000. “I’m also particularly proud that my home state, Texas, is becoming an oasis for the blockchain community, for bitcoin miners, for innovators and entrepreneurs in the crypto world,” said the senator. Senator Ted Cruz Declares Bitcoin Purchase U.S. Senator Ted Cruz has […]

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Bitcoin battles bears ‘on offense’ as Christmas delivers a $50K BTC gift

Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Bears become bulls” short term? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $50,000 support into the weekend, having ranged after local highs above $51,500. The pair was calm as the […]

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Merry Christmas! Bitcoin Price Above 50K! What’s next?

The post Merry Christmas! Bitcoin Price Above 50K! What’s next? appeared first on CryptoTicker.

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First Mover Asia: Bitcoin Bounces Above $50K Amid Light Weekend Trading, Altcoins Kick Higher

(Edited by James Rubin) Good morning. Here’s what’s happening this morning: Market moves: Bitcoin returned above $50,000 after the S&P 500 rose to a near record high. Technician’s take (Editor’s Note): First Mover Asia replaces the usual Technician’s Take today with CoinDesk’s annual list of the most influential people in cryptocurrency. This year’s group of […]

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Crypto Flipsider News – Gensler Says SEC Won’t Ban Cryptos, A16z Proposes Oversight Framework, U.S. Bank Offers Bitcoin, Bitcoin Surpasses $50K and Outperforms SPX and Dow Jones, WhatsApp Outage Hits Crypto Trading

Read Wednesday's breaking news in the daily digest!

Continue reading Crypto Flipsider News – Gensler Says SEC Won’t Ban Cryptos, A16z Proposes Oversight Framework, U.S. Bank Offers Bitcoin, Bitcoin Surpasses $50K and Outperforms SPX and Dow Jones, WhatsApp Outage Hits Crypto Trading at DailyCoin.com.

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Bitcoin Price Prediction – BTC reaching 50K again! Here’s what to do

The post Bitcoin Price Prediction – BTC reaching 50K again! Here’s what to do appeared first on CryptoTicker.

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Sentient Celebrates 650K NFT Minting with MegaETHs Soulbound NFTs in the Nifty Newsletter

The Sentient NFT platform has introduced a new feature called MegaETH Soulbound NFTs, as reported in the latest edition of the Nifty Newsletter. This innovative development aims to revolutionize the world of Non-Fungible Tokens (NFTs) by offering unique and soulbound NFTs that are minted on the Ethereum blockchain. The MegaETH Soulbound NFTs are a game-changer [...]

The post Sentient Celebrates 650K NFT Minting with MegaETH’s Soulbound NFTs in the Nifty Newsletter appeared first on Crypto Breaking News.

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Potential Loss of $50K in Plea Deal for Suspected Hacker Responsible for Fake SEC Post

The United States Securities and Exchange Commission (SEC) has revealed that an individual responsible for hacking the agency’s EDGAR filing system to post a fraudulent Bitcoin exchange-traded fund (ETF) application has reached a plea agreement. The hacker, Jiali Wang, has admitted to breaking into the SEC’s systems to publish a fake ETF filing in 2016. [...]

The post Potential Loss of $50K in Plea Deal for Suspected Hacker Responsible for Fake SEC Post appeared first on Crypto Breaking News.

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