bitcoin price Prediction Archives

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Crypto Market Valuation Soars to $1.45 Trillion & Bitcoin Price Prediction hits $130,000

Crypto News and Updates / By Logan / November 25, 2023

Bitcoin, the leader in the world of cryptocurrencies, has set a ‘Bitcoin new record’ by witnessing a price increase to $38,400. This significant achievement can be attributed to various factors, including the expected approval of the BlackRock Bitcoin Spot exchange-traded fund (ETF) and rumours surrounding BlackRock’s impact on Bitcoin’s price through substantial buying pressure on Coinbase. This record-breaking achievement has not only elevated Bitcoin’s value but also led to a rise in other pr

Binance’s DOJ Settlement Fuels Bitcoin Price Increase

Crypto News and Updates / By Logan / November 23, 2023

Binance’s settlement with the US Department of Justice has triggered a significant increase in Bitcoin’s price. This development has reignited traders’ hopes for the approval of a spot Bitcoin Exchange Traded Fund (ETF), which is expected to bring substantial capital into Bitcoin, thereby driving up prices across the crypto market. Despite Binance co-founder Changpeng ‘CZ’ Zhao’s guilty plea and a hefty $4.3 billion settlement, the market noticed Binance wasn’t suffering from a massive funds exo

Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Differing Opinions on Bitcoin's Future Amid Expectations of ETF Authorization

Differing Opinions on Bitcoin’s Future Amid Expectations of Bitcoin ETF Authorization

Crypto News and Updates / By Logan / November 13, 2023

The crypto community eagerly awaits the US approval of Spot Bitcoin ETFs, anticipating it could launch a bullish Bitcoin surge. However, noted economist Peter Schiff counters this optimism, projecting a Bitcoin crash ahead of the SEC’s approval of spot Bitcoin ETFs. He recently used a social media survey to predict when the next Bitcoin downturn might occur. Despite most of his followers thinking the crash will happen post-ETF approval, Schiff asserts it will take place beforehand.

Sch

Bitcoin’s Market Trend: Bullish Surge or Imminent Correction?

Crypto News and Updates / By Logan / November 1, 2023

Bitcoin has been exhibiting a strong bullish trend, with buyers’ dominance pushing the price to a significant resistance level around $35K. This trend, evident from the start of 2023, has been marked by an ascending channel pattern of higher highs and lows. However, a temporary market correction seems plausible due to the rapid price surge.

On a daily analysis, Bitcoin’s upward momentum has seen it surpass its previous significant daily swing high at approximately $31.8K, leading to a n

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Bitcoin Price Prediction and Crypto Market Updates

Crypto News and Updates / By Logan / October 26, 2023

In today’s cryptocurrency news, Matrixport, a cryptocurrency trading firm co-founded by Bitmain’s Wu Jihan, has reiterated its prediction that Bitcoin will surge to $45,000 by the end of 2023. This prediction was initially made earlier in 2023 and was further reinforced in a recent blog post.

Matrixport had earlier accurately predicted several market trends, including a surge in the Bitcoin market in October. The firm attributes this surge to the excitement surrounding potential approva