In the rollercoaster world of cryptocurrencies, where Bitcoin’s price has surged to unprecedented heights, the question on every investor’s mind is whether the digital currency can maintain its ground above the $90,000 mark. Analysts have been vocal about why Bitcoin might not see a significant drop below this level, offering a blend of technical analysis, market sentiment, and macroeconomic insights. Bitcoin’s Support, This article dives deep into the reasons behind these optimistic forecasts, examines current trends, and discusses the implications for investors and the broader market. Institutional Support for Bitcoin One of the primary reasons Bitcoin could avoid dipping below…
Author: Ali Raza
The leading cryptocurrency is currently navigating through turbulent waters, with its price potentially facing a dip below $90,000. Bitcoin Risks, This scenario is largely attributed to a significant decline in funding rates within the derivatives market, a critical indicator of market health and sentiment. Decline in Funding Rates Market Dynamics Analysts have noted a sharp drop in Bitcoin’s funding rates, moving from 0.0113% to a mere 0.0044% in a day. This fall signals a cooling in bullish sentiment among traders, particularly those with leveraged long positions. A decrease in funding rates typically means less willingness among traders to pay for…
The cryptocurrency market has seen significant fluctuations in early January 2025, with Bitcoin’s price dipping to $92,500. This drop has been closely linked to concerns surrounding the U.S. Federal Reserve’s monetary policy, particularly fears about potential interest rate hikes. Fed Policy in Bitcoin’s Price Fluctuations According to Ryan Lee, chief analyst at Bitget Research, the primary reason for Bitcoin’s price dip is the strong economic data emerging from the United States. This data has led to speculation about the Federal Reserve possibly increasing interest rates. High interest rates tend to make cryptocurrencies less appealing as investment vehicles since they increase…
As we usher in 2025, Bitcoin stands at a critical juncture, facing both potential boosts and significant challenges. The cryptocurrency’s journey through the latter part of 2024 has been marked by a notable surge, with Bitcoin breaching the $100,000 mark, setting the stage for what could be a transformative year. Boosts for Bitcoin in 2025 One of the primary catalysts for Bitcoin’s potential growth in 2025 is the anticipated continuation of institutional adoption. With major financial institutions and investment firms like BlackRock, Fidelity, and ARK Invest already diving into Bitcoin ETFs, the landscape for institutional investment is broadening. This trend…
Bitcoin has recently shown signs of a robust recovery in the dynamic world of cryptocurrency, bolstered by a significant indicator: the Coinbase Premium Index. As of early January 2025, Bitcoin has been finding newfound support, with its price inching upwards, partly thanks to this recovery in the premium index. Coinbase Premium Index The Coinbase Premium Index is a critical metric that tracks the price difference of Bitcoin on Coinbase, one of the largest cryptocurrency exchanges in the U.S., compared to other global exchanges like Binance. When this index rises, it often signals that American investors, particularly institutional ones, buy Bitcoin…
Despite indications of holiday-driven market illiquidity, bitcoin analysts are predicting an imminent recovery surge, which contributed to December’s price fall. After reaching a new all-time high of $108,300 on December 17, Bitcoin is trading at a 10% loss. As of December 19th, the price of the first cryptocurrency was less than $100,000. Bitcoin Could Reach $105K in January Despite the lacklustre momentum, Bitfinex analysts predict that Bitcoin might reach $105,000 in January. As investors seek to diversify their holdings, we anticipate range-bound markets for Bitcoin. Bitfinex researchers say Bitcoin may be worth anywhere from $95,000 to $110,000 by the end…
According to data from Farside Investors, US spot Bitcoin ETFs saw net inflows of $908 million on Friday after losing $242 million on Thursday. A three-day losing skid totaling $392 million ended as BlackRock’s iShares Bitcoin Trust (IBIT) earned $253 million. With 534,506 Bitcoins valued at $53.4 billion, the fund’s total net inflows increased to $37 million. On Friday, Fidelity’s Bitcoin Fund (FBTC) had its best day since its debut, with net inflows of $357 million leading the gains. As of January 3, FBTC has amassed more than $12 billion in fresh investments. The ARKB fund, managed by ARK Invest…
An analyst at the venerable American financial firm H.C. Bitcoin Price Could Hit, Wainwright & Co. predicts that bitcoin will have a thrilling year thanks to more transparent regulations and increased institutional support. Bitcoin Could Reach $225,000, According to H.C. Wainwright’s Mike Colonnese HC Wainwright Bitcoin to Reach $225K by 2025 Insights from the Boston-based investment bank H.C. Wainwright & Co. were included in a Jan. 2 CNBC story, suggesting that, given ideal circumstances, bitcoin (BTC) may witness a substantial increase. The potential price increase to $225,000 was revealed by analyst Mike Colonnese to CNBC reporter Tanaya Macheel. His thoughts…
Due to increased institutional usage and clear regulations, investment firm HC Wainwright predicts that Bitcoin’s (BTC) price might reach $225,000 by 2025, more than double its current value. In a note to investors today, the firm increased its price objective from $145,000, suggesting a more than 130% potential upside. Bitcoin to Reach $225,000 by 2025 The analyst Mike Colonnese of HC Wainwright predicted that by the end of 2025, Bitcoin will reach $225,000 per coin. He attributed this prediction to factors such as the possibility of a more favorable regulatory environment in the US under the new administration, the availability…
The present market situation has been reevaluated due to 10x Research’s recent change of attitude toward bitcoin (BTC), with CEO and Head of Research Markus Thielen taking a more cautious posture. A re-evaluation of market conditions has been necessitated by the recent change in attitude toward Bitcoin and its CEO, Markus Thielen. Bitcoin’s recent price advances have been met with increasing skepticism from Thielen, who is worried about the cryptocurrency’s volatility, regulatory threats, and broader economic reasons. Institutional and retail investors alike are reevaluating their approach and revising. Research Flags Bitcoin Bull Market Peak An update to the market was…