What happened to ‘uptober’? The price of bitcoin slows its rise

Uptober has historically been a bullish month for bitcoin. The market is waiting to see who will be the next US president. October has been a mostly bullish month in the history of bitcoin (BTC). That is why many refer to it as ‘uptober‘ (play on words in English that could be translated as “October … Read more

Bitcoin at $200,000 and other Bernstein predictions

Bitcoin would reach $1 million in 2033, according to Bernstein. The company foresees a prosperous future for Bitcoin mining companies and exchanges. Bernstein is a firm that specializes in the research and execution of global equity transactions. For this company, with headquarters in New York (United States) and London (United Kingdom), cryptocurrencies and bitcoin (BTC) … Read more

there is a golden cross on the horizon

Different factors reflect optimism for the price of bitcoin (BTC) currently, despite the fact that it continues in a long period of consolidation. With the arrival of a new all-time high price in March around $73,700 (USD), bitcoin has subsequently succumbed to a wide range below that has now lasted for seven months. Although, according … Read more

What is happening with Ethereum ETFs? The situation is potentially critical

The launch of the ether (ETH) ETFs, the native cryptocurrency of the Ethereum network and the second most valuable on the market, promised to be a positive milestone for investors, but the reality has been different, at least until now. Since their debut in July, the funds have failed to meet market expectations. While bitcoin … Read more

“Bitcoin is on its way to $117,000”: analyst explains the reasons

The current momentum may take bitcoin above $100,000 for the first time. If bitcoin were to fall below $64,000, the bullish thesis could change. With the weekly closing of the price of bitcoin (BTC) above USD 68,000, the possibility of it reaching USD 100,000 has gained more strength. This is despite the fact that it … Read more

Bitcoin is marking a change in trend. When will it consolidate?

“We are about to see a new all-time high for bitcoin,” says Van de Poppe. There are 3 dangers that could stop the rise. The price of bitcoin (BTC) is approaching the $70,000 mark, reaching prices not seen since July of this year. As seen in the image below, this price increase implies that bitcoin … Read more

5 reasons will continue to drive gold, according to VanEck

Gold mining companies and investors are excited, VanEck says. Shares of mining companies have lagged behind the price of the metal. Investors are experiencing a true frenzy for gold, motivated both by macroeconomic measures in great powers such as the United States, as well as by the geopolitical conflicts that are shaking the world. Imaru … Read more

How will USDT boost bitcoin price?

The growth of stablecoins means more liquidity to buy bitcoin and cryptocurrencies. “This will probably be one of the main drivers in a bull market,” says analyst. The market capitalization of USD Tether (USDT) and other stablecoins has been increasing steadily for just over a year. And not only that, but it is reaching outstanding … Read more

MicroStrategy could be making “the infinite money mistake”

MicroStrategy (MSTR), the technology company led by Michael Saylor, has captured the attention of financial markets thanks to its bold investment strategy in bitcoin (BTC). Hailed by some as a masterstroke, its approach has been replicated by several companies. However, some analysts They consider that this strategy could be getting dangerously close to the brink … Read more

What would be the fair value for bitcoin and Ethereum?

BTC and ETH would reach their fair value (or more) at the end of 2024 or beginning of 2025. The fair market capitalization for the two assets would be $2.9 trillion. According to bitcoin (BTC) and ether (ETH) bulls, their prices are currently undervalued, that is, they are lower than they believe they should be. … Read more