Bitcoin Could Reach $160K in 2024 on the Back of Halving, Spot ETF Hype: Analysts
A slurry of catalysts and historical behavior could catapult bitcoin ($BTC ) to as high as $160,000 in a widely expected bull market that analysts say could be underway in 2024.Expected demand for bitcoin from several spot exchange-traded funds (ETF) in the U.S., the upcoming halving and growth in broader stock markets on the back of rates cut could buoy bitcoin prices to at least $50,000 in the short-term, on-chain analysis firm CryptoQuant said in a Wednesday report shared with CoinDesk.We arg
๐ฅ Bitcoinโs Lightning Network usage is now down -84% since last year, and itโs capacity has plummeted by 15% over the last 3 months. #crypto2023 #BTC #ETH #Binance #tradeing
๐ Everytime $BTC 's network has spiked in the transaction fees, in bear or bull market, we have seen a massive pullback. #Binance #BTC #BNB #pepe #crypto2023
Whale addresses holding 100-1k $BTC are back in accumulation mode after the month-long dump. 20,007 $BTC has been added in the past 2 days. #Bitcoinโฏโฏโฏ has had an up-and-down Tuesday with a jump above $30.5k, and now a revisit back to the $30.0k support. #Binance #BTC #ETH #BNB
Bitcoin Soars Past $30,000. Why Prices Could Keep Going Up.
Bitcoin and other cryptocurrencies rallied Tuesday, with the leading digital asset blowing through a key level to hit its highest point since the crypto crash accelerated last summer. Prices could keep rising in the short-term with bulls back in charge.
The price of Bitcoin has jumped 6% over the past 24 hours to $30,100. The largest crypto had consolidated around $28,000 for weeks before prices took their latest leg higher amid a surge that has defined 2023, with Bitcoin now up 80% since the s
Tim Cook, the CEO of Apple, the world's leading mobile phone and computer maker, has previously announced that he has bought Crypto.
According to a statement released recently, it is stated that the Bitcoin Whitepaper will be included in every Mac computer manufactured by this Apple company...
๐ Why is the whitepaper sent to all these Mac PCs, what could be the reason??? ๐ค
On April 4, SHIBโs price reached $0.00001159 a day after rebounding from its local low of $0.00001049 โ a 10.5% increase. Still, the memecoin underperformed compared to most of its rivals, including Dogecoin (DOGE), which jumped over 30% in the same period. #Binance #SHIB #DOGE
๐ง๐ท New stablecoin is on the way. Brazil bank BTG Pactual to issue USD-pegged stablecoin aims to help customers interact between the traditional financial system and the digital economy. #Binance #crypto2023 #BTC #BNB #DOGE
๐ฒ Historically, April been a strong month for Bitcoin. Over the last 10 years, Bitcoin has returned +17% on average, with April being the best month during the first half of the year. Bitcoin was up 6 out of 10 times in April. #Binance #BTC #crypto2023 #ETH #DOGE
Dogecoin surged more than 35% after Elon Musk's Twitter replaced the social-media platform's familiar blue bird atop its homepage with the cryptocurrency's iconic Shiba Inu dog logo. DOGE got as high as $0.1046 versus around $0.077 right before the logo change. #Binance #DOGE
The current estimated Bitcoin balance of the US government is 205,515 BTC, worth about $5.8 billion as of March 22, 2023 #BTC #Binance US government sold 9,800 BTC on March 14, plans to sell a further 41,500 BTC connected to Silk Road in four batches over the course of the year.
โ ๐ช Ethereum price at $1.8K was a bargain, and a rally toward $2K looks like the next step
ETHโs correlation with tech stocks, its increasing total value locked and its deflationary token economics all suggest that the path to $2,000 is programmed. #BTC #ETH #Binance #USDT