Bitcoin hits new all-time high above $119K as trader eyes 7-week uptrend
BTC price action is copying late 2024 — and that could result in fresh 50% gains, one trader says as late Bitcoin shorts feel the pain again.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
BTC price action is copying late 2024 — and that could result in fresh 50% gains, one trader says as late Bitcoin shorts feel the pain again.
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
Crypto News, July 16: All Eyes on Tomorrow’s Clarity Act Hearing as Bitcoin and Ethereum Hold Key Price Levels
South Korea jolted financial markets with an unexpected interest rate hike, sending local stocks sharply lower and even briefly ha...
Ethereum is flashing a $478 million buy signal but top traders still expect it to fail
Ethereum has recorded $478 million in net exchange outflows over the last 7 days, a pace running roughly five times above average...
Solana Hits 300,000 RWA Holders as Ethereum’s $16.3 Billion Value Lead Starts to Slip
Solana’s real-world asset holder base has climbed to an all-time high above 300,000 wallets, ranking the network first among all b...
Bitcoin to $40,000? If History’s Anything to Go By, It’s Possible, Says Report
Bitcoin Magazine Bitcoin to $40,000? If History’s Anything to Go By, It’s Possible, Says Report Bitcoin has underperformed compare...
Stable leads blockchains in 30-day TVL growth, Monad hits $621M after Aave deployment
Emerging blockchains like Stable and Monad highlight the shifting dynamics in DeFi, challenging established players and attracting...
Bitcoin pulls back to $64,000 after hitting monthly high as bears take control
Profit-taking after bitcoin hit a $65,500 monthly high combined with fresh Iranian strikes on U.S. bases sent crypto lower, with b...