Bitcoin’s failure to rise above the 20-day EMA increases the risk of a downward breakdown for BTC and many altcoins. Bitcoin (BTC) continues searching for
Bitcoins failure to rise above the 20-day EMA increases the risk of a downward breakdown for BTC and many altcoins.
Bitcoin (BTC) continues searching for direction as the bears and the bulls battle it out for supremacy. Glassnode founders Jan Happel and Yana Allemann believe the price will resolve to the upside. They said in a X post that they expect Bitcoin to “BLOW higher.”
The uncertainty about the next directional move has not stopped purchases by the whales. Market intelligence firm Santiment said in a X post that whale wallets holding between 1,000 and 10,000 Bitcoin acquired roughly $941 million worth of Bitcoin in a 24-hour period.
Bitcoins long-term investors do not seem to be worried about the range-bound price action in the near term. In a recent interview with journalist Mike Solana, Twitter co-founder Jack Dorsey said that Bitcoin could skyrocket to at least $1 million by 2030 and even surpass the level from that point onward.
Disclaimer:
Ang mga pananaw sa artikulong ito ay kumakatawan lamang sa mga personal na pananaw ng may-akda at hindi bumubuo ng payo sa pamumuhunan para sa platform na ito. Ang platform na ito ay hindi ginagarantiyahan ang kawastuhan, pagkakumpleto at pagiging maagap na impormasyon ng artikulo, o mananagot din para sa anumang pagkawala na sanhi ng paggamit o pag-asa ng impormasyon ng artikulo.
Slowmist Releases October Web3 Security Incident Report
TEAMZ Web3・AI Summit 2025: Bringing Global Leaders to Tokyo
Russia Establishes Legal Framework and Standards for Crypto Mining
Japan’s Crypto Industry to Launch “Self-Regulation” of Stablecoins
0.00