Bitcoin is ‘memetic’ and won’t stay down around $100K for long: Analyst
A crypto analyst predicted that Bitcoin won’t linger around the $100,000 level now that the psychological barrier has been broken, as the moment will gain widespread attention.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A crypto analyst predicted that Bitcoin won’t linger around the $100,000 level now that the psychological barrier has been broken, as the moment will gain widespread attention.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Core Ends Long Embargoes for Bugs AI Can Rediscover
Bitcoin Magazine Bitcoin Core Ends Long Embargoes for Bugs AI Can Rediscover Bitcoin Core has changed its security disclosure poli...
XRP Price Falls as Crypto Longs Get Wiped Out and XRPL Upgrade Delayed
The XRP price fell below $1.35 just now after an attempted recovery toward $1.40 lost momentum. Not just XRP, renewed selling pres...
Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000
▶Bitcoin Magazine Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000 Mike McGlone was one of the few Wall S...
Arthur Hayes says high-FDV tokens no longer pump on Binance
The shift away from high-FDV token pumps on Binance signals a potential move towards fairer token distribution models, impacting r...
CFTC data shows Bitcoin futures speculators net long 2,418 contracts
Speculators' net long positions in Bitcoin futures suggest cautious optimism, reflecting potential hedging strategies amid market...
Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike
Bitcoin Magazine Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike U.S. investors quickly reversed course on Thurs...