Matrixport: Bitcoin to Reach $40,000–$45,000 in 2023
Matrixport: a breakout above $36,000 would push BTC toward the technical resistance at $40,000 and potentially set the stage for a move to $45,000 by the end of 2024.
Matrixport: Bitcoin to Reach $40,000–$45,000 in 2023
Matrixport: a breakout above $36,000 would push BTC toward the technical resistance at $40,000 and potentially set the stage for a move to $45,000 by the end of 2024.
JPMorgan analysts call crypto rally ‘overdone’
The rally in the crypto market looks overextended and could reverse sharply after the anticipated approval of the bitcoin ETF. JPMorgan analysts concluded this.
Expert says Bitcoin has moved from accumulation to a bull market
Bitcoin has completed the accumulation phase and entered the start of the bull cycle. This was stated by MN Trading founder Michaël van de Poppe.
Bitcoin price nears $38,000
The flagship cryptocurrency continued its rise. Overnight on November 8–9, the asset price surpassed the $36,000 level and reached $36,700.
Opinion: Market ripe for a new wave of short squeezes
Over the past 24 hours, open interest in Bitcoin futures rose sharply, creating conditions for further upside in the price of digital gold. Trader CredibleCrypto shared such observations.
Bitcoin trades above $35,000 as it consolidates near $35,200
On the evening of November 7, Bitcoin again breached the $35,000 level. At one point the price reached $35,888 (on Binance).
Fed Holds Key Rate; Bitcoin Reacts Tepidly
On November 1, the U.S. Federal Reserve kept the target range for the federal funds rate at 5.25% to 5.50%.
Opinion: Bitcoin’s break above $36,000 could trigger a fresh short squeeze
Major players in the Bitcoin options market are eyeing a break of the $36,000 level, which could trigger a fresh wave of liquidations. CoinDesk reports.
VanEck chief predicts ‘a very exciting spring’ for crypto investors
A possible Fed rate cut could coincide with the halving and potential launches of spot Bitcoin ETFs, heralding a 'very exciting spring' for crypto investors.
How will the approval of a spot Bitcoin ETF affect the price of Bitcoin?
ForkLog has examined the significance of the spot ETF for the cryptocurrency market and collected the most interesting forecasts from experts.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.