Tag: btc

Bitcoin ETFs See $1.18B Inflows As BTC Hits Record High

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Spot Bitcoin exchange-traded funds in the United States clocked their second-biggest day of inflows in history as Bitcoin notched a new record high on Monday.  The 11 US-based spot Bitcoin ETFs saw a cumulative $1.18 billion in inflows on the day, second only to Nov. 7, 2024, when the ETFs raked in $1.37 billion after Donald Trump won the election to become the next President of the United States. The bumper day for the ETFs, which coincided with Bitcoin’s new all-time high of over $126,000, brings October’s total inflow to…

3 Charts to Watch as BTC Locks In Its Highest Weekly Close

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Key takeaways: Bitcoin’s price discovery reached its strongest weekly close at $123,400. Onchain metrics and futures data show sustained bullish control above $122,000. Short-term outlooks are split between a momentum grind higher or a mean reversion dip. Bitcoin (BTC) achieved its strongest weekly close ever at $123,500 on Sunday, confirming its entry into a new phase of price discovery. As it consolidated near its all-time high (ATH) at $125,800, three key onchain and derivative metrics highlighted the health and sustainability of the bullish trend. Bitcoin one-week chart. Source: Cointelegraph/TradingView Bulls…

Anthony Pompliano’s ProCap BTC appoints former US House Financial Services Chair as senior advisor

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Key Takeaways ProCap BTC has appointed Jeb Hensarling, former Chairman of the US House Financial Services Committee, as a senior advisor. Hensarling brings significant regulatory experience, valuable as ProCap BTC focuses on Bitcoin treasury operations. Share this article ProCap BTC, a Bitcoin treasury company with the ticker symbol $BRR, has appointed Jeb Hensarling, former Chairman of the US House Financial Services Committee, as a senior advisor. The appointment brings regulatory expertise to the company’s Bitcoin treasury operations. The US House Financial Services Committee oversees banking, securities, and financial regulations, making…

Here’s Where Bitcoin Traders Hope BTC Will Bounce After $125,000 Record

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Key points: Bitcoin begins a retracement after hitting new all-time highs above $125,000. Sunday trading produces BTC price volatility as traders eye potential bounce levels. Institutions are on the radar as Bitcoin “debasement trade” talk heats up. Bitcoin (BTC) experienced fresh volatility as it approached Sunday’s weekly close, following a BTC price correction from all-time highs. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Analysis: 4% BTC price drop possible Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping back below $123,000. The pair hit new record highs above $125,000 earlier in…

JPMorgan Analysts Predict $165K BTC Price

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Key takeaways: Wall Street’s year-end Bitcoin forecasts range from $133,000 to as high as $200,000. Most agree that persistent Bitcoin ETF inflows and gold correlation may shoot BTC to new record highs. Bitcoin (BTC) has bounced by over 13% in the past seven days and is inching toward its record high of $124,500. BTC/USD daily price chart. Source: TradingView Bitcoin is poised to reach new record levels by the end of 2025, according to top Wall Street and UK financial institutions. Citigroup sees BTC reaching $133,000 Citigroup expects Bitcoin to…

BTC Nears Record Highs as Total Market Cap Peaks at $4.21T

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Key takeaways:  Bitcoin rallied 14% in a week, eyeing $124,000 amid a US government shutdown. Onchain data showed a $1.6 billion surge in buying and a Coinbase premium gap of $92, signaling US-led demand. Analysts see resistance near $130,000, with price discovery possible next week. Bitcoin (BTC) has staged a fierce rally over the past week, climbing 14% to trade a few dollars away from $124,000 from a range low near $108,600 last Friday. This surge could nudge Bitcoin into fresh price-discovery territory above $125,500, as the total crypto market…

Bitcoin Futures Trades Flip Bullish Into $121K BTC highs

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Key points: Bitcoin futures buy volume indicates that traders are becoming increasingly long-term bullish on BTC this month. The $110,000 “gap” in CME Group’s Bitcoin futures remains unfilled. Bitcoin ETF options experience a spike in popularity as IBIT open interest nears $40 billion. Bitcoin (BTC) derivatives traders are flipping “aggressively long” as price squeezes closer to all-time highs. In a new analysis released on X Friday, J. A. Maartunn, a contributor to the onchain analytics platform CryptoQuant, revealed a significant shift in Bitcoin futures in October. Bitcoin futures buy volume…

Watch These Key Bitcoin Metrics as BTC Price Prepares for ‘Big Move’

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Key takeaways: The stablecoin SSR RSI signals “buy,” indicating high buying power. Long-term Bitcoin holders have accumulated 298,000 BTC. Bitcoin’s green September close historically precedes Q4 rallies, averaging 78% gains. Bitcoin (BTC) whipsawed through September, but managed to close the month 5% higher at $114,000 on Tuesday. Several key indicators now suggest that the recent recovery from $108,000 could signal a “big move” ahead, according to analysts.  Bitcoin’s stablecoin metric signals “buy” The Stablecoin Supply Ratio (SSR), which measures the buying power of stablecoins relative to Bitcoin, has declined, with…

BTC Eyes $115K Rally But CME Gap Risk Lingers

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Key takeaways: Bitcoin rallied 4.5% in 48 hours, reclaiming $114,000. A reset in BTC’s open interest points to healthier upside after long de-leveraging. A CME gap near $111,300 remains a short-term risk to bullish momentum. Bitcoin (BTC) price rallied 4.5% in less than 48 hours, retesting $114,000 on Monday. The recovery followed last week’s sharp correction between Monday and Saturday, where data indicated the pullback was less about aggressive shorting and more about longs de-leveraging to set up a cleaner base for future upside. Bitcoin one-day chart. Source: Cointelegraph/TradingView Between…

Bitcoin Traders Debate Where BTC Price is Heading Next: $60K or $140K?

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Key takeaways: Bitcoin price charts from 2021 hint at a crash toward $60,000 if history repeats. Bulls see $104,000 support holding, with targets at $140,000 or higher. Bitcoin (BTC) has dropped more than 12.75% from its record high above $124,500, splitting traders into two camps. One sees it as a routine bull market correction, while others warn that a new bear cycle has begun. But which side has the better argument? Bitcoin 2021 chart fractals hint at $60,000 According to multiple analyses, Bitcoin could repeat the price trajectory that foreshadowed…