Bitcoin could top $150K before retrace in repeat of 2017 cycle, says analyst
Bitcoin could reach $150,000 this cycle, and if it goes above that price level, will probably come “back down through it,” says Glassnode analyst James Check.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin could reach $150,000 this cycle, and if it goes above that price level, will probably come “back down through it,” says Glassnode analyst James Check.
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
If Ethereum’s proposed 54% reward cut passes, DeFi’s favorite loop threatens to become a daily loss machine
A newly proposed Ethereum staking reward cut, outlined in Ethereum Improvement Proposal 8361 (EIP-8361), would lower validators' y...
Investors poured millions back into Grayscale’s XRP fund, but a $16.8M market hit instantly wiped out the comeback
Grayscale XRP Trust ETF (GXRP) clawed back 480,000 shares in Q2, covering 12.2% of its derived 3.94 million-share first-quarter co...
Coldcard’s $130 million crisis is pushing Bitcoin back into Wall Street’s hands
The Coldcard hardware wallet exploit has resulted in the theft of at least 1,596 BTC from about 7,300 addresses as users continue...
After suffering a brutal $265 million mass exit, seven different Bitcoin ETFs simultaneously roar back to life
U.S. spot Bitcoin ETF inflows rebounded to $170.1 million on Aug. 3 after a $265.4 million net outflow in the previous trading ses...
TD Cowen analyst issues buy rating on Strive with $28 target, backing Bitcoin treasury strategy
Strive's Bitcoin strategy and unique preferred stock dividends could influence crypto market dynamics and investor sentiment amid...
Bitcoin (BTC) Price Prediction: BTC Holds $64K Support—Can Improving On-Chain Activity Power Bitcoin’s Next Rally?
The Bitcoin price has remained above several short-term technical averages, while improving network activity offers another factor...