
Bitcoin to Remain Overbought for the Next Few Months, Says PlanB
Bitcoin’s current rally may be far from over, as Stock-to-Flow (S2F) model creator PlanB predicted extended overbought conditions.
Bitcoin’s current rally may be far from over, as Stock-to-Flow (S2F) model creator PlanB predicted extended overbought conditions.
Strategy added 6,220 Bitcoin for $740 million as price traded at new highs, and coincides with insider share sales from executives.
Profusa has secured $100 million to create a Bitcoin treasury strategy, while Mercurity Finance successfully raised $200 million with Solana Ventures.
Block Inc. has joined other companies on the S&P 500 in a historic move that is largely attributed to being a significant win for Bitcoin and the crypto industry.
With the BTC price pullback from the all-time highs, market analysts remain divided on the next Bitcoin trajectory, either to $135K or $50K.
Robert Kiyosaki, author of Rich Dad Poor Dad, has doubled down on Bitcoin with a new buy at $110K, declaring the market has entered the volatile Banana Zone
Bitcoin’s breakout above $118K is fueled by Binance whales and institutional flows, marking a shift from past retail-driven peaks.
Bitcoin surges past $113,700 to new all-time highs amid macro optimism and Trump’s rate cut calls. Massive short liquidations of $579M signal strong bullish momentum as price discovery continues toward $120,000 target.
Despite all the negativity over the past month, on-chain movements hint at a hidden optimism among crypto traders and investors.
Robert Kiyosaki says he hopes Bitcoin crashes so he can buy more, calling out fear-driven warnings as clickbait distractions.
Bitcoin closed at an all-time high, but a sudden $8.6 billion whale wallet awakening suggests that the rally may be losing steam.
Bitcoin rebounds to $109K as investors hold steady and ETFs boost demand. Analysts eye a potential rise to $120K despite low on-chain activity.
Robert Kiyosaki regrets not buying more Bitcoin earlier, when the crypto asset was valued at only $6,000. On June 30, BTC jumped to $107,000.
After billions of dollars in Bitcoin withdrawals from exchanges, a key technical indicator suggests the demand might see a pause.
The crypto community makes different predictions as the high-stakes trader James Wynn decided to enter the trading zone again.
Bitcoin News Today
Bitcoin (BTC) news covers all information on Bitcoin and other related cryptocurrencies. Bitcoin is a digital currency that was created in 2009 by anonymous founder Satoshi Nakamoto and has since gone on to lead the rise of other digital currencies like it, such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), EOS, Binance Coin (BNB), Monero (XMR), Bitcoin Cash (BCH) and Tether (USDT) among others. The cryptocurrency is decentralized and thus can be sent and transacted over its own peer to peer Blockchain network without a middleman verifying a transaction.
Bitcoin Adoption
Bitcoin (BTC) has grown in leaps over the decade and has had it’s worth multiply in hundreds and thousands since January 2009 when the first BTC block was mined. Bitcoin transactions are irreversible and pseudonymous amongst other properties. Confirmed transactions on the Bitcoin Blockchain network cannot be undone, which in its way also contributes to the strong security associated with BTC.
Over time the awareness that bitcoins like most crypto currencies operate outside the control or regulation of any third parties such as banks, financial institutions, or the government triggered a wakeup call directed to the risks investors may be exposed to when involved in this venture.
Venturing in Bitcoin
Apart from being trustless, the crypto coin is also permissionless, which sets it apart from traditional fiat currencies and government issued money. The cryptocurrency exchange is also important in bitcoin transactions and the overall ecosystem. You’ll need a cryptocurrency exchange to exchange fiat currencies or regular-coins for some BTC.
Bitcoin Mining
Bitcoin mining operations are done to issue new BTCs into the market, with the overall BTCs eligible for circulation set at 21 million. At present, Bitcoin now has more than 18 million coins in circulation and its next halving event, which would reduce its mining rewards by half for the third time, has been slated for May 2020. At present, Bitcoin has a total market capitalization higher than $110 billion and has hit records higher than 300 billion in the past. The next few years might see Bitcoin eclipse its previous records.