Bitcoin's (BTC) incredible rally hit a rough patch after November 22, as investors appear to have lost their patience waiting for the cryptocurrency to fully close the final $2,000 gap to $100,000.

Haider Rafique, Global Chief Marketing Officer at OKX, has warned of heightened volatility as Bitcoin approaches the $100,000 mark.

Almost four years ago to the day, Bitcoin experienced a dramatic 17% plunge from $19,500 to $16,200 in 2020, an event that became infamously known as the “Thanksgiving Day Massacre.” As the holiday approaches once again, market participants are questioning whether history might repeat itself.

Crypto traders are nervously eyeing how low the bitcoin price could fall

Predictions about Bitcoin in comparison to Trump's win and four years in office remain. Dan Morehead, founder of Pantera and former Goldman Sachs Group bond trader, estimates that Bitcoin will reach $740,000 by April 2028.

Since September 2023, Bitcoin has demonstrated a 70-day delay in mirroring the global M2 money supply movement.

Since September 16, the Japanese Yen has dropped by over 7.15% against the US dollar. The drop has negatively affected many Japanese companies.

With a rounding bottom breakout rally in the AVAX price trend gaining momentum, the bulls are back at play. As the $40 breakout is inching closer to surpassing the $50 psychological mark, buyers anticipate a new 52-week high.

The cryptocurrency market faces an absolute bloodbath, with Bitcoin (BTC) sliding toward the $90,000 mark as the ongoing price correction deepens amid rising liquidations and profit-taking.

On the yearly chart, Bitcoin rose 146% while MicroStrategy gained over 599% as more retail investment increased MicroStrategy's volatility compared to BTC.

Grayscale's decision to reopen private placement subscriptions for its crypto trusts coincides with a period of significant growth in the broader cryptocurrency market.

TL;DR Bitcoin (BTC) is nearing the $100,000 milestone, prompting long-term holders (LTHs) to distribute over 507,000 BTC, realizing a record $2.02 billion in daily profits. Most sell-side pressure comes from coins aged between six months and one year, indicating a more aggressive distribution campaign.

The risk indeed seems to be there, but it concerns the future and not the present.

The freshly minted Solana meme coin is trading over $0.62 and its market cap rose from $461 million to $621 million in just two days.

Dolos The Bully (BULLY), a meme coin built on the Solana blockchain, has hit a new all-time high today. This milestone comes after BULLY's price increased by over 700% within the last seven days.

his notion that Michael Saylor can single-handedly decide Bitcoin's fate just because of MicroStrategy's stack is simply ridiculous.

The co-founder of Metamask, Dan Finlay, launched a new token named Consent on Solana and Base, which focuses on user consent and autonomy.

A significant drop in Bitcoin reserves on exchanges is the evidence of rising self-custody adoption, Trezor CCO Danny Sanders said.

Jim Cramer has urged investors to consider adding crypto assets such as Bitcoin and Ethereum to their investment portfolio.

Is a Bitcoin Sell-Off Imminent? History Suggests a Very Clear Answer.

While the crypto market remains in decline, with Bitcoin dropping to $92,668, strong inflows into Ethereum ETFs signal growing confidence among institutional investors, who are betting on recovery as Ethereum eyes the $4,000 level.

Solana has pulled back to $230 after breaking $250, while maintaining strong network metrics and showing technical patterns that suggest potential further upside

The cryptocurrency market has recovered some of the losses incurred in the past few days.

Bitcoin pulls back 7.6% from all-time highs to $92,476 amid declining exchange reserves and limited retail participation, suggesting an accumulation phase similar to 2020 patterns.

Looking to ride the crypto wave? Look no further than these five gems.

After closing the last four days in a bearish outlook, Bitcoin (BTC) price has significantly slowed down in the initial bullish momentum towards the much-hyped target of $100k. Moreover, the flagship coin has consistently closed below the previously established support level of $95k.

MARA Holdings Inc. (NASDAQ:MARA) exhorted the incoming Donald Trump administration to expand domestic Bitcoin (CRYPTO: BTC) mining operations, emphasizing the significance of the U.S. controlling a larger portion of the global hash rate for economic sovereignty. What Happened: In an X post on Tuesday, the company highlighted the increasing competitiveness of Bitcoin mining and the potential economic implications of not securing a significant share of the global hash rate.

The altcoin market has reached a two-year high of $840 billion as cryptocurrency investment broadens beyond Bitcoin, showing patterns similar to previous market cycles

Since the US election, the crypto market has experienced massive growth. Many believe that this trend will continue at least till the mid-2025. As the crypto community discusses the possibilities of making the best use of this latest bull run, cryptocurrency asset management giant Grayscale has reopened private placements for over 19 crypto trusts.

Pantera Capital CEO Dan Morehead projects Bitcoin could reach $740,000 by 2028, citing that 95% of financial wealth has yet to engage with blockchain technology, while the cryptocurrency currently trades at $93,192 after failing to break through the $100,000 resistance level.

Bitcoin approaches an unprecedented $100,000, fueled by significant ETF inflows and robust institutional demand, despite facing profit-taking pressures at its all-time high.

Solana memecoin market cap grew $985 million in the last 24-hours, despite Bitcoin prices tumbling to weekly lows, GOAT, CHILLGUY, BINK emerge top gainers.

AVAX tests critical $38.57 support while showing strong network growth with a 28.56% increase in active addresses and $1.362 billion in Total Value Locked.

The founder and CEO of the on-chain analytics firm CryptoQuant has explained where the peak Bitcoin market cap lies based on the current hashrate. Bitcoin Ceiling Could Lie At This Level Based On Network Hashrate In a new post on X, CryptoQuant founder and CEO Ki Young Ju discussed a BTC pricing model that puts upper and lower bounds on the cryptocurrency's price using the trend in the mining hashrate.

Renowned Bitcoin critic Peter Schiff recently asserted that after the company's aggressive buying spree ends, Bitcoin (BTC) and MicroStrategy (MSTR) may crash. With $10 billion already spent, Schiff noted that MicroStrategy's three-year plan to spend $42 billion on Bitcoin could be completed much sooner than expected.

The legislation proposes the creation of a Sovereign Strategic Bitcoin Reserve, cleverly dubbed RESBit.

Bitcoin's $100K path will not be easy and with ups and downs, many predict hitting a large figure will take a path of dips. Bitcoin's recent dip from nearly $100,000 to around $91,000 is stirring up this debate among traders and analysts.

Bitcoin long-term holders need more than a 10% dip from all-time highs to sell BTC en masse, Glassnode reveals.

Congressman Eros Biondini wants to establish the Bitcoin Sovereign Strategic Reserve, also known as RESBit (Reserva Estratégica Soberana de Bitcoins). This reserve would help Brazil's Treasury by adding Bitcoin to its mix of national assets.

Remixpoint, a Japanese energy and automotive firm, jumps on the recent Bitcoin surge by adding $3.2 million worth of BTC to its crypto holdings. In a recent company notice, Remixpoint declared that it has purchased 500 million yen (around $3.

BTC's rally has stalled since Friday for several reasons, including waning demand at record prices. The AUD/JPY pair has turned lower, hinting at a broad-based risk aversion amid the talk of a BOJ rate hike in December.

Bitcoin (BTC) investors are bracing for potential volatility as analysts highlight a concerning trend: Bitcoin's price has historically tracked the global M2 money supply with a 70-day lag. Following a recent decline in global liquidity, Bitcoin might experience a 20–25% pullback in the near future.

The cryptocurrency market is abuzz with contrasting narratives as two distinct tokens, Keanu (KNU) and Solana (SOL), capture investor attention. Keanu, a relatively new entrant inspired by the cultural phenomenon of Keanu Reeves, is making waves with its meme-driven appeal and charitable ethos.

The rise in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE), and others may have enabled lower-income households to take out new mortgages to purchase property, a new study revealed. What Happened: A paper by the U.S. Treasury's Office of Financial Research has identified a correlation between the surge in cryptocurrency investments and an increase in debt, particularly mortgages, in areas with high exposure to cryptocurrencies.

Billionaire venture capitalist Tim Draper has long believed Bitcoin (BTC) would surge to $250,000. In 2018, Draper first predicted the top crypto asset would hit $250,000 by 2022. When that failed to happen, the venture capitalist amended the timeline of that prediction until mid-2023.

Next few days could be critical for AVAX's price action on the charts.

Bitcoin has experienced a 7% pullback from its all-time high at $99,800 after failing to break above the psychological $100,000 mark. This retracement, while causing some concern among investors, is seen as a necessary consolidation phase for the cryptocurrency to build strength before continuing its ascent.

Brazilian Congressman Eros Biondini has introduced a bill proposing the creation of a national Bitcoin reserve. The post Brazilian Lawmaker Proposes Bitcoin Reserve to Diversify National Assets appeared first on Cryptonews.