Bitcoin Faces Pressure as Gold Eyes $23,000 By 2034
Bitcoin struggles below $90,000 while precious metals like gold and silver reach new heights, calling for a significant long-term target of $23,000 for gold.
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Bitcoin struggles below $90,000 while precious metals like gold and silver reach new heights, calling for a significant long-term target of $23,000 for gold.
A recent analysis indicates that Bitcoin may undergo a lengthy consolidation phase as key support levels are tested.
Bitcoin faces pressure as large investors increase their selling, causing prices to dip below $90,000, with potential support identified around $84,000.
Bitcoin sees a significant drop in its price as geopolitical events unfold, raising concerns among investors.
US spot Bitcoin ETFs have seen significant outflows, indicating a decline in market sentiment.
Bitcoin's price rallied quickly following news of a DOJ probe into Federal Reserve Chair Jerome Powell. The sustainability of this surge is uncertain.
Bitcoin's profitability metrics show negative trends, indicating a shift towards a bear market, with $84K identified as a critical support level.
Bitcoin has fallen below $88,000, marking a significant decline as the cryptocurrency market loses $225 billion, influenced by trade tensions and bond market issues.
Large holders of Bitcoin are increasing their purchases despite warnings of a potential significant drop in price, reminiscent of previous cycles.
Bitcoin is striving to reach $91,000 with notable trading volumes suggesting optimism for the first quarter of the year.
Bitcoin's attempt to rally is hampered by significant selling pressure near the $95,000 mark as markets keep a close eye on weekly closing targets.
Recent insights highlight significant Bitcoin purchases by larger investors while smaller traders take profits, setting a bullish tone in the market.
Bitcoin experienced a surge in value as the Bank of Japan adjusted interest rates, triggering bullish sentiment in the markets.
Recent data reveals that institutional purchasing of Bitcoin has surpassed the daily mined supply for the first time in six weeks, signaling a crucial change in market dynamics.
Bitcoin's Bollinger BandWidth reaches historic lows, indicating a potential price increase similar to past trends.
The gap between traditional equity markets and Bitcoin continues to widen as 2025 progresses, despite recent positive trends in stocks.
Bitcoin's price faces pressure as the possibility of a rate hike from the Bank of Japan leads to market corrections, potentially pushing BTC down to $67,000.
As the month of December unfolds, Bitcoin's recent price fluctuations raise concerns, with predictions hinting at a possible fall to $50,000 amidst market liquidity issues.
An analyst from Bitwise suggests Bitcoin's current economic conditions are reminiscent of the COVID-19 pandemic, indicating high potential upside despite recent downturns.
A crypto researcher highlights that Bitcoin's current macroeconomic setup is reminiscent of the conditions experienced during the COVID-19 pandemic.

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