Bitcoin Faces Less Than 50% Chance Of Hitting $100,000 By December 31, Says A...
Bitcoin (BTC) is undergoing one of the most challenging periods of the year, with prices retracting nearly 30% from its all-time high of $126,000 reached last month. This decline has raised concerns about a potential bear market, fueling fears within the cryptocurrency community and among BTC investors. Despite this, a new AI-driven simulation by Bitcoin analyst Timothy Peterson offers a more tempered outlook. In a post on X (formerly Twitter), Peterson indicated that while the situation remains complicated, the simulation suggests that the bottom might have already been reached or could....
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Quant was one of the big movers in crypto markets to start the week, as the token rose beyond $200, hitting its highest point since last December. The move means that the token has now risen by nearly 40% in the last seven days. Monero was another notable gainer, rising for a second straight day.
Quant (QNT)
Quant (QNT) surged higher to start the new week, hitting its highest point in nearly a year in the process.
Following a low of $182.88 on Sunday, QNT/USD raced to a peak of $226.09 earlier in today’s session.
This is the strongest point that QNT....
Bitcoin price hit $19,469 for the first time since December 2017, but there are crucial factors that might prevent BTC from hitting a new all-time high. The price of Bitcoin (BTC) hit $19,469 on Coinbase, reaching its highest point since its December 2017 peak. Although the dominant cryptocurrency is close to surpassing its record high, there are some warning signs to take note of.Three potential reasons Bitcoin faces the possibility of a pullback at $20,000 are a bull trap, overhead resistance and an overcrowded derivatives market.BTC/USD 15-minute chart. Source: TradingView.comA....
Following a significant downturn that saw Bitcoin (BTC) plunge to the $80,000 mark on November 21, the leading cryptocurrency has managed to stabilize above this critical threshold for several days. This development has sparked speculation about whether this level represents a short-term bottom and if a new upward trend might follow. Potential Local Bottom For Bitcoin According to analysis from CryptoQuant analyst Carmelo Aleman, on-chain data indicates a market landscape characterized by institutional redistribution, structural weakness, and signs of a rebound that may hint at a local....
The Layer 1 blockchain Monad (MON) successfully went live on Monday, igniting a significant surge in its native token. Within 24 hours of its launch, MON emerged as the best-performing asset among the top 100 cryptocurrencies by market capitalization. MON Token Hits $0.045 All-Time High Last week, Monad’s token sale kicked off on Coinbase’s new token presale platform, gaining robust momentum by raising approximately $50 million. However, just 12 hours into the sale, that initial enthusiasm began to wane. The fundraising effort only accumulated $95 million of the ambitious $187....
The bitcoin price slide that began this morning has continued, with markets falling to their lowest level since early December. Bitcoin prices hit a low of $752.11 – $0.05 beneath the low reported on 2nd December, according to data from the CoinDesk Bitcoin Price Index (BPI). The figure represents a roughly 42% drop from the market high of $1,153.02 reported on 5th January. Today saw prices drop below the $800 mark for the first time since 21st December as price volatility shows no sign of abating. Markets are reporting an average price of $768.05, BPI data shows, a drop of more than 15%....