5 signs that suggest Bitcoin price has 'room for further expansion'

Fidelity Director: Bitcoin Near Key Breakout Milestone

He sees this shift as a pivotal turning point in the cryptocurrency’s development. Timmer argues that Bitcoin’s movement away from traditional financial assets signals a new chapter in its journey. Monetary Expansion Fuels Hard Asset Rally The global M2 money supply has now reached $111.9 trillion, reflecting aggressive central bank activity. Both Bitcoin and gold have reacted sharply to this liquidity boost. Investors appear to view both assets…

Bitcoin Upward Momentum 'Highly Likely' To Continue, On-Chain Data Shows

Although Bitcoin (BTC) appears to have stalled in the mid-$100,000 range, on-chain data indicates that the top cryptocurrency’s bullish momentum is far from over. BTC recently hit a new all-time high (ATH) of $111,980, prompting several crypto analysts to forecast even higher prices in the near term. Bitcoin Rally Far From Over, Data Suggests According to a recent CryptoQuant Quicktake post by contributor Crypto Dan, Bitcoin is still “highly lik…

Bitcoin Upward Momentum ‘Highly Likely’ To Continue, On-Chain Data Shows

Although Bitcoin (BTC) appears to have stalled in the mid-$100,000 range, on-chain data indicates that the top cryptocurrency’s bullish momentum is far from over. BTC recently hit a new all-time high (ATH) of $111,980, prompting several crypto analysts to forecast even higher prices in the near term...

Bitcoin Price Analysis: Strong Technicals and Institutional Confidence Drive Bullish Outlook

The post Bitcoin Price Analysis: Strong Technicals and Institutional Confidence Drive Bullish Outlook appeared first on Coinpedia Fintech News On May 22, Bitcoin reached a new all-time high, closing at $111,390 after briefly touching an intraday peak of $112,000. Despite this milestone, market behav...

Bitcoin’s Price Predicted with 82% Accuracy Using On-Chain Data

In a groundbreaking study published in the journal Machine Learning with Applications, researchers have demonstrated that on-chain data, when analyzed using advanced machine learning techniques, can predict Bitcoin’s price direction with remarkable accuracy. This research, led by Ritwik Dubey from the Missouri University of Science and Technology, opens up new avenues for investors and financial… Source

Bitcoin Selling Pressure Weak As Binance Inflows Stay Subdued – Can BTC Sustain Its Rally?

Bitcoin (BTC) continues to trade close to its new all-time high (ATH) of $111,980, set earlier this week. While some argue that the top digital asset may be running out of steam, Binance exchange flow data suggests that certain investor groups are reluctant to sell their BTC just yet, expecting further upside. Bitcoin Inflows To... The post Bitcoin Selling Pressure Weak As Binance Inflows Stay Subdued – Can BTC Sustain Its Rally? appeared first …