Bernstein Research has identified 2029 as the year Bitcoin (BTC) could reach $300,000 under its base-case forecast.
Bitcoin's latest price rally has brought renewed attention to short-term cryptocurrency trading. In late August, Bitcoin moved to trade above $80,000 for the first time in nearly three months, breaking out after an extended period of relatively subdued price action.
Bitcoin Core Developer Jon Atack noted that Bitcoin transactions in El Zonte fell dramatically even though Bitcoin was still accepted there. Bitcoin Experiment in El Salvador Continues with Cards Becoming More Common While Bitcoin Is Widely Handed Out.
Get the latest BTC price forecasts, crucial technical support levels, and expert analysis on the crypto market.
The world's money supply has reached a record milestone this week and at the same time, bitcoin's price spiked 21% higher over the last seven days. Some believe bitcoin might be playing catch-up and moving toward the massive liquidity parked inside the modern financial system.
Coinkite, the Canadian firm behind the Coldcard Bitcoin hardware wallet, has rolled out a significant firmware upgrade in the wake of a major security incident that saw substantial amounts of Bitcoin drained from affected devices.
AllianceBernstein's revised target highlights the challenges of equity dilution and interest rates, impacting Bitcoin investment strategies. AllianceBernstein lowers price target on Strategy to $350, still sees Bitcoin hitting $300K.
IBIT supplied 90.5% of the latest inflow as PCE, GDP and durable goods converge on one macro test.
The US Treasury doubled its long-dated bond buybacks to steady the market, helping fuel Bitcoin's surge past $80,000.
Bitcoin Momentum: Bitcoin ETFs extended their seven‑day inflow streak with $314.37 million, pushing August totals to $3.03 billion and cutting year‑to‑date outflows by more than half. Solana Surge: Solana ETFs recorded six straight positive sessions, adding roughly $94 million since August 18 and lifting cumulative inflows to about $1.
Bitcoin's Bull Score, a Cryptoquant gauge of market health, jumped from 30 to 80 in a single week as bitcoin rallied to $81,000, though the firm says a weekly close above $83,000 is still needed to confirm a new bull market.
Bitcoin's struggle at $80K highlights market sensitivity to US policy, potentially influencing broader financial strategies and risk asset trends. Bitcoin faces resistance at $80,000 as traders await US policy signals.