Analysts suggest Bitcoin’s potential surge to $340,000 this market cycle presents an ambitious but theoretically achievable target, driven by its historical dominance over traditional assets. Achieving this unprecedented price would necessitate Bitcoin surpassing prior cyclical peaks for the first time,… Read More »Bitcoin’s $340K Target Ambitious Yet Feasible Following Historical Outperformance
A Bitcoin price analysis model suggests the cryptocurrency could reach a new all-time high (ATH) during the fourth quarter. This projection stems from the Bitcoin Price Radar, which employs a 360-degree cyclical chart framework to track historical market behavior following… Read More »Bitcoin Price Radar Model Signals Potential All-Time High in Fourth Quarter
Market analyst Rekt Capital has projected that the ongoing Bitcoin bull run may reach its peak around October 2024, drawing parallels to the historical pattern observed in the 2020 cycle. The analysis suggests the market could remain in this phase… Read More »Rekt Capital Predicts Bitcoin Bull Market Could Peak By End of 2024 Based on Historical Halving Cycles
Bitcoin (BTC/USD) recently surged, briefly touching above $109,000, as algorithmic trading bots significantly influenced short-term price movements through rapid, often predatory trades. This volatility occurs despite a strong quarterly performance, with the second quarter closing above $104,630, solidifying gains of… Read More »Bitcoin Nears Historic Highs Amid Volatility, Faces Critical Demand Deficit
Crypto analyst Willy Woo has presented an analysis indicating that Bitcoin is currently in the late phase of its bull market cycle. According to Woo, the asset’s liquidity risk model supports this assessment, suggesting there is still potential for further… Read More »Analyst Willy Woo Suggests Bitcoin Bull Market Nearing Late Stage, Bear Shift Tied to Macro Changes