Following a notable rebound, Bitcoin has surged toward the crucial 200-day MA of $88K. This price region is significantly important, as if the asset successfully reclaims it, it can exhibit a surge toward the ATH of $109K.
Bitcoin (CRYPTO: BTC) briefly tapped $88,000 in Monday trading, eliciting bullish calls from traders that cite a strong high-timeframe structure and improving macro backdrop. What Happened: Crypto trader Astronomer flagged the move as significant, calling $88,000 a key target from his original bottom thesis.
Crypto pundit Master Kenobi has remarked that the Dogecoin price is giving 2017 vibes. This presents a bullish outlook for DOGE, given the foremost meme coin's price action in the 2017 bull cycle.
The cryptocurrency's price saw a steady appreciation throughout the Easter weekend, topping $88K on Monday, while the dollar fell to a three-year low.
TL;DR Renowned Bitcoin analyst PlanB reignited controversy by strongly criticizing Ethereum, labeling it centralized and premined. He argued that its node size and issuance changes undermine its decentralization. PlanB also questioned Vitalik Buterin's dominant role in Ethereum's development.
Dogecoin (DOGE) and Pepe (PEPE) have rallied in the past 24 hours as meme coins appear to be ready to make a strong comeback based on how trading volumes are behaving.
Strategy has expanded its treasury approach by buying 6,556 BTC for $555.8 M, funded through share sales in two ATM programs. Holdings have reached 538,200 coins bought at a $36.47 B cost basis, yet disclosures note the firm may liquidate assets below cost to manage $8 B in obligations overall. The post Strategy Adds $555M Bitcoin—Stash Hits 538K BTC as Debt Looms appeared first on Cryptonews.
The US Dollar Index (DXY) plunged below the 98 level on April 21, falling to a three-year low. That catapulted gold to a new all-time high, and Bitcoin (BTC) also showed strength, rising above $88,000.
Reading back the official transcript of a secret five-hour meeting between Julian Assange and then-Google CEO Eric Schmidt — released 12 years ago this week — gives an equally eerie feeling.
Despite its growing footprint as a major corporate holder of bitcoin (BTC), Strategy's large-scale purchases of the cryptocurrency appear to have little, if any, influence on its price, according to a research paper by TD Cowen.
Tom Lee, Fundstrat Global Advisors co-founder, has put forth a bullish prediction regarding Bitcoin's (BTC) near-term price action on CNBC's Squawk Box on April 21.
Crypto tokens have started the week well, with Bitcoin and other top coins rising by over 1%. One reason for the rally is the rising probability that President Trump will remove Jerome Powell as Fed Chair.
Bitcoin (BTC) broke above $88,000 today in a sudden post-holiday rally that caught much of the market off balance. Instead of a quiet Easter Sunday, they got fear-turned-to-FOMO almost overnight.
Bitcoin (CRYPTO: BTC) jumped 3.52% on Monday to $87,348.17, extending its rebound above key resistance as institutional buying and macroeconomic tailwinds boosted sentiment across crypto markets. The coin is now up 3.9% over the last seven days and has gained 3.91% over the past month.
The surge that pushed Bitcoin (BTC) up more than 2.4% to $88,000 today may be short-lived. Although it came suddenly and was not widely expected — especially with Easter Sunday and a long weekend — the surge caused a palpable shift in sentiment among crypto market participants.
Bitcoin (BTC) doubled down on its divergence from stocks at the April 21 Wall Street open as US trade war tensions escalated. BTC/USD 1-day chart.
Bernstein analysts on Monday identified five structural forces that could drive Bitcoin's (CRYPTO: BTC) trajectory in the coming months, based on rising institutional demand, regulatory developments and new U.S. government initiatives. The findings, according to Bernstein, lay out key inflection points now anchoring Bitcoin's position within global capital markets.
“Smart money” positioning and the Elliott Wave appear aligned. Both foresee rising prices over the next few months, with an ideal target of $166,000.
Strategy added 6,556 BTC at an average price of $84,785 in the week of April 14-20.
The company has purchased Bitcoin consistently since mid-March, despite uncertainty weighing on markets.
CryptoQuant's analysis stated that Bitcoin's Realized Cap record is a sign of ongoing accumulation and strong network confidence.
Opinion by: Amitej Gajjala, co-founder and CEO of KernelDAO Bitcoin is the principal asset of the cryptocurrency world and even one of the world's top 10 most valuable assets, recognized for its role as a store of value. Yet a huge percentage of the Bitcoin (BTC) supply remains dormant for years, meaning the crypto market only works with a fraction of the circulating supply each year.
The White House has confirmed Trump is exploring whether he can fire Federal Reserve chair Jerome Powell—something that could trigger an “apocalyptic scenario" for markets
Bitcoin's breakout above $88K looks strong, but analysts warn the falling wedge may not be bullish. Here's the bearish target institutions may be eyeing. The post Bitcoin's ‘Falling Wedge' Pattern Might Not Be Bullish — Here's the Price Target Bears Are Eyeing appeared first on Cryptonews.
Dogecoin price remains in a technical bear market today. It trades at $0.1617, down by 65% from its highest level in December.
Despite Bitcoin (BTC) price reaching its highest level in over three weeks, traders on Bitfinex reduced their leveraged long (bullish) positions on margin contracts by more than $100 million between April 17 and April 19. This reduction has led to speculation that Bitcoin whales may be anticipating a price correction or, at the very least, are not confident in further short-term gains.
Bitcoin's rally past $87,000 comes amid reignited aggressive buying from institutional players. On April 21, Japan-based Metaplanet and US firm Strategy (formerly MicroStrategy) both disclosed major Bitcoin acquisitions, adding a combined total of nearly 7,000 BTC to their corporate reserves.
Michael Saylor, co-founder of Strategy (formerly MicroStrategy), revealed that over 13,000 institutional investors now hold shares in the company. Surprisingly, Vanguard Group, a firm known for its anti-Bitcoin stance, is the largest shareholder with over 16 million MSTR shares, despite trimming its position by 6.5% in Q4 2024.
Metaplanet, a publicly-listed Japanese firm, has added 330 more bitcoin (BTC) to its treasury, pushing its total holdings to 4,855 BTCworth over $420 million at current market prices. The announcement on Monday comes as Bitcoin surged past $87,300, reversing last weeks losses.
Dogecoin (DOGE) is struggling to regain momentum as bearish pressure mounts. Currently trading near $0.155, the once-popular meme coin remains in a prolonged downtrend.
Bitcoin (BTC) surged past $87,000 on Monday, climbing over 2% amid growing political uncertainty surrounding the Federal Reserve. The rally came as the U.S. dollar index dropped to a three-year low following reports that former President Donald Trump is exploring ways to remove Fed Chairman Jerome Powell.
Dogecoin fans worldwide celebrated Dogeday on April 20, highlighting the memecoins cultural status and strong community. However, the holiday failed to spark any price rally for DOGE.
Rich Dad Poor Dad author Robert Kiyosaki is making headlines again with his bold Bitcoin price prediction. The renowned financial educator believes Bitcoin (BTC) will reach at least $180,000 this year, possibly even hitting $200,000, according to his latest social media post.
Bitcoin (BTC) traders faced a brutal Easter shock as a sharp price drop triggered a wave of liquidations, highlighting the risks of overleveraged positions. Within just four hours, BTC tumbled to lows near $83,800 before slightly recovering to around $84,453, wiping out $9.62 million in long positionscompared to just $71,000 in shorts.
Bitcoin (BTC), the largest cryptocurrency by market cap, has broken a multi-month downtrend and retested it as support, typically a bullish signal. However, not everyone is convinced.
Strategy (NASDAQ:MSTR) has acquired an additional 6,556 Bitcoin (CRYPTO: BTC) for approximately $555.8 million, according to a new SEC filing. The purchase was made between April 14 and April 20, at an average price of $84,785 per Bitcoin including fees.
Bitcoin surged past $87K alongside a record-breaking gold rally as investors flee U.S. assets amid dollar weakness, Fed uncertainty, and trade tensions. A bullish falling wedge breakout points to a potential $103K BTC target.
Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Experts believe that a low-volume BTC breakout could be a false signal.
A Bitcoin price prediction made exactly one month ago by popular crypto analyst Doctor Profit on social media platform X has unfolded with interesting accuracy. On March 21, Doctor Profit outlined a detailed price trajectory for Bitcoin, predicting specific price movements, resistance and support zones, and the influence of the M2 money supply.
Fundstrat's expert Tom Lee has joined the team of CNBC's Squawk Box hosts to talk about Bitcoin and gold. The latter reached a new all-time high at the beginning of April, while BTC only began to rise this Sunday.
Bitcoin surged past $87,000 during early Asia hours on April 21, clawing back losses from earlier in the month, according to the latest market update from QCP Capital.
Dog-themed cryptocurrency Dogecoin (DOGE) has seen an increase in trading activity, with its 24-hour trading volume soaring by 80%, reaching $850 million per CoinMarketCap data. This increase in volume coincides with a rise in DOGE's price over the last 24 hours, up 5.07% in that time frame to trade at $0.1617 as of press time.
The Bitcoin market continues to see a lot of noise, but at this point in time, the markets are likely to continue to see the $90,000 level as important resistance in this environment.
After Liberation Day, "key market sentiment indicators such as the Fear & Greed Index and S&P 500 RSI(14) formed a bottom," an analyst told Decrypt.
At current prices, Strategy's bitcoin is worth around $46.8 billion — giving it a paper profit of about $10 billion.
Bitcoin may be on the verge of breaking the six-figure threshold, and Arthur Hayes warned that the window to buy BTC under $100,000 is closing fast.
Bitcoin started the week on a strong note, surging over 3% to nearly $88,000. According to former BitMEX CEO Arthur Hayes, this might be the last chance to buy BTC under $100,000.