A well-known crypto analyst who accurately predicted the market collapse of 2022 is now cautioning that Bitcoin (CRYPTO: BTC) may be nearing a local top. What Happened: Pseudonymous analyst Capo believes that certain indicators suggest Bitcoin could face a pullback in the near future.

Here is how some of your favorite assets concluded the week.

Recent gains in Bitcoin are owed in part to changes in the political environment, particularly in the US. Incoming US President Donald Trump is backing cryptocurrencies, sparking renewed market optimism among investors.

XRP has lost the most value from the larger-cap alts.

The recent bitcoin price hike that has driven exchange rates close to $100,000 per token has also fueled the demand for and prices of Bitcoin exchange-traded fund (ETF) shares in the Brazilian stock exchange. Hashdex, the first crypto ETF launched on B3, reached all-time highs, with a net asset value nearing $689 million.

Bitcoin is trading near its short-term target of $100,000 and is seeking its next direction.

On Friday, Michael Bressler and Benoit Bosc, co-founders of x2B, appeared on CNBC's “Closing Bell Overtime” to discuss Bitcoin's historic rally and the launch of their new crypto advisory firm. Bressler attributed Bitcoin's surge past $99,000 to a confluence of events, including regulatory shifts, the election outcome, and the growing adoption of Bitcoin ETFs.

All eyes are on Bitcoin, especially as many traders continue to anticipate a break above the $100,000 mark. This anticipation has cascaded into a spike in activity, especially among Bitcoin whales.

NFT sales totaled $158 million in the past seven days. That is down 12.7% from the previous week of sales that reached $181 million.

The ongoing rise in Bitcoin's price and newly imposed mining regulations in Russia could lead to a surge in illegal mining activities. As authorities prepare to enforce a seasonal ban on mining in several key regions, analysts warn that this may push miners underground, with serious implications for both the economy and energy supply.

Arthur Hayes, the former CEO of Bitmex, has shared his thoughts on the future of cryptocurrencies and issued some bold predictions about Bitcoin (BTC) and Dogecoin (DOGE) in a recent podcast. Thus, the entrepreneur thinks Bitcoin could reach $100,000 by the end of 2024, and maybe even $250,000 by the end of 2025.

Bitcoin (BTC) traded quietly on Sunday, following a brief pause over the weekend after an explosive week that saw its price soar to a new all-time high of $99,655 on Friday.

US Senator Cynthia Lummis of Wyoming is doubling down on her efforts to legitimize Bitcoin and possibly add this digital asset to the country's reserves.

Bitcoin's price correction across multiple timeframes reveals short-term bearish pressure while maintaining a bullish outlook in the long term. Bitcoin Bitcoin's (BTC) recent price action highlights a bearish correction across short-term timeframes, while the broader trend remains bullish, with key levels dictating potential opportunities for traders.

There's an oft-repeated mantra among crypto traders: Do the opposite of whatever markers commentator Jim Cramer says.

With Bitcoin (BTC) seemingly struggling to breach the $100,000 resistance, technical indicators point to a possible incoming correction.

In conversation with Alpha First, former BitMEX CEO Arthur Hayes has offered bold forecasts on bitcoin and the larger crypto market. He has discussed on what we could see in the next 12 months in light of the Trump's policies and the possible changes in the global economy.

It's another recent milestone for Dogecoin, but the market is now red with Bitcoin down and DOGE and other meme coins falling hard.

Bitcoin has experienced a record-breaking bullish breakout, shattering all-time highs almost daily over the past three weeks. After an impressive rally, the price is less than 2% away from the $100,000 mark—a critical psychological level that could become a turning point for the entire crypto market.

Euro Pac's Peter Schiff asserted Wednesday that inflows to BTC and cryptocurrency will cause inflation. But the truth is BTC economies incentivize holding and decrease the velocity of money.

Cantor Fitzgerald CEO Howard Lutnick, President-elect Trump's Commerce Secretary nominee, wants to launch a $2 billion project to lend dollars to clients against Bitcoin.

Lummis, a vocal advocate for cryptocurrency and a member of the Senate's Financial Services Committee, introduced her plan in a recent CNBC interview, suggesting that Bitcoin could help reduce the U.S. national debt and bolster the U.S. dollar's position as the world's reserve currency.

Bitcoin (BTC) and Ethereum (ETH), the leading cryptocurrencies, are once again capturing attention with their remarkable price movements. Analysts believe Bitcoin has entered a new parabolic phase that could stretch across 300 days, while Ethereum has broken out of a bullish pattern, setting its sights on significant price gains.

Bitcoin edges closer to $100,000, but the overbought RSI and elevated SOPR levels suggest a correction.

The price of Bitcoin (BTC) rose by 7.99% in the past week to reach a new all-time high of $99,655 on November 22. Thereafter, the maiden cryptocurrency has experienced a slight retracement in the past 48 hours falling to around $98,200.

Even though Bitcoin dipped below $97,000, GOUT and Hasbulla's Cat token have showcased a three-digit price surge in the last 24 hours. Interestingly, the price pump comes amidst the slight pullback of Bitcoin's (BTC) price.

Bitcoin sellers, whether genuine or not, are refusing to allow a $100,000 BTC price milestone.

This new reality of Bitcoin is transforming the financial landscape, giving traders cold sweats and low profits.

The cryptocurrency market is gaining momentum, with leading analyst Ali Martinez sharing optimistic forecasts for three major digital assets: Binance Coin (BNB), Bitcoin (BTC), and Shiba Inu (SHIB). His analysis points to substantial gains, provided these assets clear critical resistance levels.

The price of the largest cryptocurrency, Bitcoin (BTC), recently enjoyed a remarkable rally that pushed its price as high as $99,860 on major U.S. exchange Coinbase. However, the euphoria may be short-lived as financial expert and popular TV host Jim Cramer has stepped into the picture with a rather bullish attitude.

Bitcoin has often been referred to as the “digital gold,” as it has proven to be a unique asset class and, more importantly, a reliable store of value over the years. While gold surely outpaces BTC in age, both assets are commonly used by investors as a hedge against economic instability and inflation.

The price of Bitcoin has somewhat cooled off, struggling to reach the highly-coveted $100,000 mark, after an intense bullish run all week long. However, investors appear to be undeterred by the sluggish price action of the premier cryptocurrency in the past few days.

Bitcoin's open interest has skyrocketed to an incredible $70 billion, setting a new record for derivatives activity. This spike in open interest indicates that there is more market activity and that traders are setting up for big price movements.

The Bitcoin giant is faltering, and the altcoins, previously relegated to the sidelines, are making a thunderous entry onto the crypto scene.

XRP has achieved a major technical pattern in its Bitcoin (BTC) pairing, forming a golden cross. This technical pattern, often seen as a bullish signal, occurs when a short-term moving average crosses above a long-term moving average.

When BTC hit 'extreme greed' levels of 94 in November 2020, it dropped by 20% by February 2021.

Bitcoin dominance hits 50% while BTC nears $100K. Will Christmas 2024 trigger altcoin season? Explore key levels, technical analysis, and market outlook. The post Bitcoin Dominance Topped In December Last Cycle – Can Christmas 2024 Start Altcoin Season appeared first on Cryptonews.

The OECD's Cryptoasset Reporting Framework may signal ChokePoint 3.0, expanding oversight and raising privacy concerns.

November has already surpassed October's total volume, continuing strong market momentum for NFTs.

Bitcoin has been quietly approaching the $100k mark, but troubles still remain.

Bitcoin's latest rally has State Street Global Advisors' chief gold strategist, George Milling-Stanley, raising an eyebrow. Investors, he says, are falling for a dangerous illusion, mistaking Bitcoin's meteoric rise for stability.

XLM is by far the top performer from the larger-cap alts.

Bitcoin's price has surged significantly in recent weeks, gaining roughly 45% over the past month and trading at $97,465 at the time of writing. Rekt Capital points out that historically, Bitcoin has experienced a parabolic phase in its market cycles, during which the asset undergoes massive price growth.

U.S. President-elect Donald Trump's pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday.

Suspended between dream and reality, Bitcoin is about to play a historic act on the global crypto stage.

Bitcoin has surged past the $99,800 mark, setting another all-time high as it inches closer to the psychological $100,000 milestone. Despite briefly testing the level, BTC has yet to break through, leaving investors and analysts eagerly anticipating the next move.

Story Highlights Bitcoin price struggles to achieve the $100k mark and records a high of $99,655. Ethereum price hits a new 4-month high and retests the $3.5k mark. XRP price surpasses the $1.5 mark and reclaims its $30-month high.

U.S. spot Bitcoin Exchange-Traded Funds (ETFs) saw an unprecedented surge, attracting a whopping $1.05 billion in net inflows. This marks a significant milestone in the ongoing rise of Bitcoin as a mainstream investment.