Multiple Analysts Look at $400,000 as Bitcoin’s Ultimate Bull Stop
A soup of optimistic fundamental and technical indicators has led multiple analysts to envision Bitcoin at a six-digit valuation.
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Contrarian Bitcoin analysts pinpoint three reasons why they are still bullish on BTC price for the short and long-term. Bitcoin’s (BTC) dip below $29,000 on June 22 rocked the markets a handful of analysts to call for a potential drop below $20,000. Many traders on crypto Twitter were focused on the formation of a death cross on the Bitcoin chart as an omen for another potential drop in the price but analysts with a more contrarian point of view look at this chart pattern as a signal that it is time to buy the dip. The ultimate thread on #BTC deathcross and cycle data analysis 1)....
Bitcoin’s rollercoaster ride continues, and according to BitMEX co-founder Arthur Hayes, the next stop could be $70K. His prediction follows Bitcoin’s four-month low of $76.8K on March 11th, marking a 36% correction from its $110K all-time high. But Hayes reassures investors – this is textbook bull market behavior, not a sign of long-term weakness. His […]
Technical factors suggest Bitcoin is still in a bull run even after a sharp sell-off from $18,476. After Bitcoin (BTC) price suddenly dropped from around $18,500 to $17,200, some traders began to question whether a local top had formed but there are multiple factors that suggest the bull run is still intact. Following the initial pullback, BTC continuously showed extreme volatility, demonstrating market uncertainty.The four factors that show Bitcoin’s momentum remains strong are whale inflows, a strong market response, resilience above each whale cluster, and high open interest.Whales are....
Quick Facts: ➡️ Bitcoin sentiment is transitioning from fear to cautious optimism as price grinds higher, historically the phase when capital rotates into higher‑beta plays. ➡️ Tom Lee predicts Bitcoin to retake $100K+ by the end of 2025, while analysts expect a 2026 bull cycle. ➡️ Bitcoin Hyper ($HYPER) targets Bitcoin’s limitations by pairing an […]
Discussions about another major rally for Bitcoin in this cycle have increased significantly within the space due to heightened volatility in the market lately. However, market experts are signaling that the next bull run for BTC might be on the horizon, driven by multiple crucial factors such as growing institutional interest and on-chain activity. Is […]