The breakout of a bullish pennant for XRP would be imminent

XRP has a high probability of continuing to rise in price. It will be necessary for bitcoin and the market, in general, to accompany this movement. XRP (XRP) is one of the prominent cryptocurrencies at this stage of the digital asset bull cycle. The cryptocurrency issued by the company Ripple Labs has begun a accelerated … Read more

What happened to the bitcoin Christmas rally?

The behavior of bitcoin (BTC) in the past is often used to try to anticipate future behavior. This is why many investors, traders and market analysts expected that the digital currency created by Satoshi Nakamoto had a bullish rally that would take her to new heights, precisely for these dates. The trader who identifies himself … Read more

The cryptocurrency cycle is entering phase 2

In the first phase, bitcoin was the protagonist. In phase 2, alternative cryptocurrencies would begin to come to the fore more. With bitcoin (BTC)’s sharp bullish trend taking it to new all-time high prices, enthusiasm is spreading in the overall cryptocurrency market. Several are at their highest trading levels of the year, while others have … Read more

Bitcoin will exceed USD 1 million in 2027, according to academic paper

“Bitcoin is an attractive asset for long-term investment,” the paper highlights. The analysis was done by analysts from the NGO Satoshi Action Education. A paper academic published on December 16, 2024 warns that the price of bitcoin (BTC) could rise to 1 million dollars (USD) in three or four years. The authors of the document … Read more

“This bitcoin fall is typical bull markets”: Scott Melker

For the trader, the decline prepares the ground for the next bullish stage. “The cryptocurrency market could not be better positioned,” says Melker. The price of bitcoin (BTC), which three days ago reached a new all-time high above USD 108,000, fell today to USD 92,000. And, although it later recovered slightly, it raises questions about … Read more

Bitcoin still far from ‘saturation point’, says Glassnode

Bitcoin’s bullish cycle is advanced, but still far from over. Old investors are taking profits to make way for new entrants. According to the recent movements of bitcoin (BTC) investors, the current bullish cycle is still strong to continue. This is according to a new report from the research firm Glassnode published on December 18. … Read more

Bitcoin at $107,000 is a fair price, according to options traders

The digital currency is setting new all-time highs. Despite this, the market, in general, remains extremely greedy. Bitcoin (BTC) surpassed $107,000, achieving a new all-time high that boosted the accumulated gain since the US elections to more than 50%. US President-elect Donald Trump’s promise to create a strategic bitcoin reserve has supported the currency’s recent … Read more

XRP sets sights on new all-time high

The launch of RLUSD will favor XRP, if the stablecoin turns out to be successful. Taking profits is essential to avoid suffering possible price drops. The XRP cryptocurrency has emerged in the last month as a key contender to other digital assets. In its price rise it has left behind (in market capitalization) giants like … Read more

Bitcoin is approaching a critical resistance zone

Bitcoin (BTC) is not only breaking records, it is redefining what many considered possible in the digital financial realm. At the time of writing this article, BTC has reached new all-time highs near $107,000placing itself in an “exploration zone” where each step forward is a new unknown territory. Bitcoin’s rise to this point (positioning it … Read more

Bitcoin is a tightrope walker on the $100,000 tightrope

When we refer to bitcoin (BTC), price stability is not always synonymous with stagnation. That is exactly what we are witnessing as the digital currency dances on the tightrope of $100,000. (Oh! And for hyper-literal readers, “tightrope” is just a metaphor. $100,000 is proving to be a strong zone of support and resistance. No slack.) … Read more