Bitcoin Could Hit $85K Before April Ends, Analyst Says
Ethereum has already shown the way. While Bitcoin climbed roughly 5% in a single day, Ether moved more than 8% — outpacing it by a factor of nearly 1.4. That gap, according to one analyst, is a preview of what the broader crypto market could do if Bitcoin keeps climbing through the rest of April. Related Reading: ‘Extremely Good News’ – XRP DeFi Momentum Builds As SEC Softens Position On Interfaces A Specific Price Level Is Drawing Attention Michael Van de Poppe, founder of MN Fund and a widely followed market analyst, says Bitcoin has a clear path to the $80,000–$85,000 range before the....
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Bitcoin and the whole crypto market turned green at the close of April. The run-up to this month’s $4.2 billion options expiry was uneventful, with no signs of dissent. After a brief fall below the $53,000 support level on April 29, Bitcoin rallied 10% by midday to reclaim its previous high of $57,400. Related article | […]
Banks in Pakistan can now open accounts for licensed cryptocurrency companies — a move that ends a restriction that has been in place since 2018. Related Reading: Crypto Gains Ally As Former CFTC Chair Becomes Full-Time Adviser Strict Rules Come With The New Access The State Bank of Pakistan issued a circular on April 14 […]
A crypto analyst has shared the best time for investors and traders to reenter the Bitcoin (BTC) market, and it’s not April 13. Instead, he has set the next potential buy zone for next year, citing Bitcoin’s halving dynamics as a key factor behind his projection. As the current market prepares for another bout of […]
Cryptocurrency investors scratched their heads last week after unsubstantiated rumors went around ProShares launching XRP ETFs on April 30. Bloomberg ETF analyst James Seyffart intervened to dispel the misinformation by assuring that no official release date has been scheduled. Related Reading: Crypto Theft: Loopscale Hackers Agree To Return Stolen $5.8 Million — For A Price […]
Bitcoin is preparing for a supersonic bull run towards $70,000 in April. So believes Nick Spanos, co-founder of Zap.org — a decentralized oracle data feed startup. In an email interview, the market analyst said that he sees the bitcoin price higher due to two very supportive developments in the cryptocurrency market. First, Mr. Spanos noted, […]