Long-term Bitcoin holders have completed most of their sales activities. Analysts predict substantial price increases for Bitcoin in the near future. Continue Reading: Analyst Predicts Bitcoin Surge as Long-Term Holders Reduce Sales The post Analyst Predicts Bitcoin Surge as Long-Term Holders Reduce Sales appeared first on COINTURK NEWS .
The submission of the first U.S. Polkadot ETF application by 21Shares has sparked diverse reactions in the crypto landscape, reflecting the community’s evolving sentiment. The unexpected backlash highlights the challenging
Bitcoin dominance remains strong, and altcoin season won’t start until dominance reverses. The current crypto cycle may last until 2025 or 2026 due to global factors. Meme coins like Doge, Bonk, and Pepe are expected to be crucial for asset allocation Bitcoin and altcoins like Ethereum have been drifting into the red zone, off and on. As the market enters the next stage of the current crypto cycle, analysts are watching key indicators to understand what comes next. Although there are mixed signals, such as the potential for a green February , the market is in turn showing mixed signs. The upcoming months and quarters could be key in determining whether the upward trend will continue or if there will be a slowdown. Some experts argue that Bitcoin dominance has not yet peaked and still has room to grow. While certain altcoins, like Solana and XRP, have recorded gains, it’s not considered “altcoin season” until Bitcoin dominance reverses. How Long Will This Crypto Cycle Run? Raoul Pal, CEO of Real Vision weighed in on the outlook for the next crypto cycle, suggesting that while it’s tough to predict precisely, the cycle could last until the end of 2025… The post Dogecoin, Bonk, and Pepe Set to Be Key Asset Allocations in 2025 appeared first on Coin Edition .
A trading expert is projecting that Bitcoin ( BTC ) has the potential to surge beyond the $250,000 mark at a time when the asset is basking in the glory of making history after making its first monthly close above $100,000 in January. Gert van Lagen observed that Bitcoin is signaling a breakout from a long-term bullish “megaphone pattern,” which indicates the possibility of reaching a record high of $271,000, as he noted in an X post on January 30. Bitcoin price analysis chart. Source: TradingView/Gert van Lagen The megaphone pattern, formed on the two-week chart, is characterized by widening price swings with higher highs and lower lows, with an upper resistance trendline around the $120,000 level. According to the analysis, if Bitcoin successfully breaks above and retests $120,000 as support, BTC will likely clinch a new record high, with $140,000 to $150,000 as a potential intermediate resistance. If the pattern fully plays out, Bitcoin could then target the $271,000 level. Bitcoin’s path to $100,000 Another analyst , Captain Faibik, shared a similar outlook in an X post on February 1, suggesting Bitcoin is poised for further growth. He noted that $120,000 remains a key resistance level in the short term, based on Bitcoin trading within an ascending triangle formation on the daily timeframe. Bitcoin price analysis chart. Source: TradingView The $106,000 zone is a key resistance level, repeatedly tested and crucial for Bitcoin’s upside. A decisive breakout could drive a surge to $120,000, while failure may lead to consolidation or a trendline retest. Bitcoin’s fundamentals Despite analysts maintaining a long-term bullish outlook, Bitcoin has experienced short-term bearish momentum amid geopolitical uncertainties. Risk assets, including Bitcoin, recorded capital outflows after President Donald Trump pushed forward with his proposed tariffs. Specifically, starting February 1, the White House announced a 25% tariff on goods from Mexico and Canada. This downturn added to Bitcoin’s challenging week after the cryptocurrency was caught in a broader market selloff triggered by the emergence of the Chinese AI model DeepSeek, which led investors to reassess big tech’s investment in AI infrastructure. At the same time, Bitcoin struggled to push further above $100,000 despite bullish news, such as a report indicating that the Czech National Bank approved a proposal to explore investing in BTC. It would be the first central bank to hold BTC reserves if implemented. This development comes as European Central Bank President Christine Lagarde is cautious about Bitcoin investments . Other market players, such as prominent cryptocurrency trader Michaël van de Poppe, remain confident that digital assets will likely see further upside despite the recent bearish momentum. #Bitcoin makes a 2-3% drop on tariff news. $ETH continues to show strength. I shouldn’t worry about this news, ultimately it will lead to higher crypto prices anyways. — Michaël van de Poppe (@CryptoMichNL) January 31, 2025 Historical Bitcoin price movements also support the bullish outlook. With Bitcoin ending on a high note in January, February has traditionally been one of the strongest months for the leading digital asset. According to data, BTC has recorded an average return of 14.4% for the second month of the year. If history repeats itself in 2025, Bitcoin could trade near the $120,000 level. Bitcoin price monthly returns. Source: Coinglass Bitcoin price analysis As of press time, Bitcoin traded at $101,798, reflecting a short-term price drop. The asset has declined by 2.38% on the daily chart and 0.23% on the weekly chart despite remaining above the crucial $100,000 level. Bitcoin seven-day price chart. Source: Finbold Bitcoin must stay above the crucial $100,000 level to sustain bullish momentum and target higher levels. A breakdown could lead to increased volatility, while holding above this support strengthens the case for further gains toward $120,000 and beyond. Featured image via Shutterstock The post Bitcoin’s ‘megaphone pattern’ breaks out; Is $270,000 next? appeared first on Finbold .
On February 1st, COINOTAG News reported significant movements in the Bitcoin market, highlighted by a robust $5.3 billion net inflow into US Bitcoin spot ETFs for January, as monitored by
Historical data has shown that growing stablecoin liquidity is associated with sustained gains in the crypto market. This means that bitcoin’s next rally could be around the corner because stablecoin liquidity is expanding. According to a CryptoQuant report , liquidity impulse for Tether (USDT) and USD Coin (USDC) have begun to expand again, with the latter experiencing a growth pace not seen in a year. Bitcoin Rally Around the Corner Since Donald Trump won the U.S. presidential election, liquidity conditions in the crypto market have improved . The total value of stablecoins in circulation has received a boost, which is often associated with a rally in prices. The total market cap of United States dollar-denominated stablecoins has surpassed the $200 billion mark and now sits at an all-time high of $204 billion. It crushed the $200 billion milestone last week. The market cap has increased by $37 billion since Trump emerged victorious in early November. USDT is the primary asset driving the expansion in stablecoin liquidity; however, USDC has also gained significant traction. USDT currently has a market cap of $139.4 billion, following a 15% ($19 billion) rise since November 4. On the other hand, the market cap of USDC has surged 48% (by $17 billion) over the same period and now hovers above $53.3 billion. USDT Deposits Grow on Exchanges CryptoQuant revealed that USDT’s liquidity impulse, which refers to the 30-day percentage change in market capitalization, has become slightly positive after declining by 2% in early 2024. USDC’s liquidity impulse has expanded much more, rising 20% for the first time in almost a year. “Historically, whenever the liquidity impulse is growing a rally in crypto prices follows…A further acceleration typically drives crypto prices higher,” the analytics platform stated. While stablecoins are growing, their liquidity expansion has extended to centralized crypto exchanges. The total value of USDT deposited on these trading platforms is now at record levels, rising from $30.5 billion on November 4 to $43 billion today. This represents a 41% increase ($12.5 billion). “The total value of stablecoins is an important source of liquidity for trading on exchanges, and its expansion is generally associated with higher crypto prices,” CryptoQuant added. The post Bitcoin’s Next Rally Around the Corner as Stablecoin Liquidity Expands: CryptoQuant appeared first on CryptoPotato .
A new JPMorgan analysis has found that Bitcoin (BTC) has the strongest correlation with small-cap tech stocks , particularly those in the Russell 2000 index , according to The Block . This connection is driven by crypto’s dependence on venture capital funding and its alignment with innovation in emerging tech firms . The correlation peaks during major technological shifts , as observed in 2020 and 2024 , reinforcing Bitcoin’s deep ties to the broader technology sector . Why Bitcoin Moves Like Small-Cap Tech Stocks Unlike traditional commodities or currencies, Bitcoin behaves similarly to early-stage tech companies due to: Venture Capital Influence – Many crypto projects rely on VC funding , much like small-cap tech startups. High Innovation, High Volatility – Bitcoin and small-cap tech stocks thrive on innovation , making them more volatile but high-growth assets . Market Sentiment & Tech Cycles – BTC and small-cap stocks move in tandem during periods of technological breakthroughs . Bitcoin’s behavior as a speculative tech asset aligns it more with small-cap tech stocks than traditional commodities like gold . Bitcoin & Russell 2000: A Strong Correlation Key Findings from JPMorgan’s Analysis: BTC Moves With Small-Cap Tech – Bitcoin shows a higher correlation to the Russell 2000 than to large-cap equities . Technology Cycles Drive Bitcoin’s Price Action – Peaks in crypto and tech innovation (2020, 2024) coincide with stronger correlations . Crypto & Small Tech Are Venture-Driven – Both rely heavily on venture capital funding , leading to similar market behavior . This suggests that Bitcoin’s price movements are increasingly influenced by the tech industry rather than traditional macroeconomic trends . How Will This Correlation Impact Bitcoin’s Future? BTC May Follow Small-Cap Market Cycles – Investors should watch early-stage tech trends for BTC’s next major moves . Tech Breakthroughs Could Boost Bitcoin – Innovations in AI, blockchain, and fintech may fuel BTC’s next bull run . Economic Downturns May Hit Bitcoin Harder – Small-cap tech stocks and Bitcoin suffer more during economic slowdowns . As Bitcoin gains mainstream adoption , its correlation with tech markets may continue strengthening . What’s Next for Bitcoin’s Market Behavior? More Institutional Adoption – Bitcoin’s growing tech sector ties may attract more venture-backed investors . Crypto Stocks & ETFs May Rise Together – If Bitcoin is viewed as a small-cap tech investment , crypto-related stocks may follow its price action . Tech Industry Partnerships – Bitcoin’s role in AI, fintech, and Web3 may further connect it to technology sector trends . If this trend holds , Bitcoin investors should watch small-cap tech stock movements closely for market insights . FAQs Why is Bitcoin correlated with small-cap tech stocks? Both Bitcoin and small-cap tech stocks rely on venture capital, innovation, and high-risk, high-reward investment cycles . Which tech index does Bitcoin follow? JPMorgan found Bitcoin is most correlated with the Russell 2000 index , which tracks small-cap tech companies . Does Bitcoin still act like digital gold? While Bitcoin has some characteristics of gold , it behaves more like a tech stock , reacting to market sentiment and innovation trends . What does this correlation mean for Bitcoin investors? Bitcoin’s price action may align with small-cap tech cycles , meaning investors should track tech industry trends . Could this change in the future? If Bitcoin gains broader adoption as a financial reserve asset , its correlation with tech stocks may weaken over time. Conclusion JPMorgan’s findings confirm that Bitcoin is more closely tied to small-cap tech stocks than to traditional safe-haven assets like gold. With crypto markets relying on venture capital and tech innovation , Bitcoin’s future performance may continue mirroring the technology sector . For investors, this means monitoring small-cap tech trends, AI advancements, and venture capital inflows could provide valuable insights into Bitcoin’s price movements . To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries.
Michael Saylor , founder of MicroStrategy and the largest corporate Bitcoin holder , has been featured on the latest Forbes cover , titled “The Bitcoin Alchemist” , according to Watcher Guru . The feature highlights Saylor’s unwavering commitment to Bitcoin (BTC) , cementing his role as one of the most influential figures in the crypto space . Why Did Forbes Feature Michael Saylor? Saylor has transformed MicroStrategy into a Bitcoin powerhouse , acquiring over 190,000 BTC , making it the largest publicly traded corporate holder of Bitcoin . Key Reasons for Saylor’s Forbes Cover: MicroStrategy’s Massive Bitcoin Holdings – The company has accumulated billions in BTC , reinforcing Saylor’s bullish stance. Bitcoin’s Institutional Rise – The feature aligns with growing institutional adoption , especially after spot Bitcoin ETF approvals . Long-Term Bitcoin Advocacy – Saylor has consistently promoted BTC as the ultimate store of value . Forbes’ recognition of Saylor’s Bitcoin vision further solidifies his role in shaping the crypto industry . The Significance of the Title “The Bitcoin Alchemist” By calling Saylor “The Bitcoin Alchemist,” Forbes emphasizes: His Vision for Digital Gold – Saylor equates Bitcoin to the modern-day gold standard . Institutional Bitcoin Strategy – His corporate playbook has inspired other firms to consider BTC as a reserve asset . His Influence on Market Sentiment – Saylor’s Bitcoin strategy has driven major institutional discussions and investments . This symbolic title reinforces Saylor’s reputation as a Bitcoin thought leader . Does This Forbes Cover Signal a Market Peak? While Michael Saylor’s Forbes feature is a milestone , some analysts recall past covers featuring Changpeng Zhao (2018) and Sam Bankman-Fried (2021) , which coincided with market tops . Market Sentiment Considerations: Bullish: Spot Bitcoin ETFs, rising institutional demand, and mainstream adoption support a strong Bitcoin outlook. Caution: Historical patterns suggest excessive media hype can sometimes indicate market tops . Investors should monitor Bitcoin’s price action and sentiment shifts while staying aware of historical trends. What’s Next for Saylor & MicroStrategy? More Bitcoin Accumulation? – MicroStrategy may continue expanding its BTC holdings . Institutional Impact Grows – With Bitcoin ETFs gaining traction, Saylor’s influence in institutional circles could increase . Bitcoin Corporate Adoption – Other companies may follow MicroStrategy’s lead in adding BTC to balance sheets . As Bitcoin’s adoption accelerates, Saylor’s role in shaping institutional investment trends remains pivotal . FAQs Why did Forbes feature Michael Saylor? Saylor is the largest corporate Bitcoin holder and a key figure in institutional Bitcoin adoption . What does “The Bitcoin Alchemist” mean? The title symbolizes Saylor’s transformation of Bitcoin into a mainstream corporate asset . Does this Forbes cover indicate a market peak? Some past crypto figures featured on Forbes coincided with market tops , but Bitcoin’s fundamentals remain strong . How much Bitcoin does MicroStrategy own? MicroStrategy holds over 190,000 BTC , making it the largest corporate Bitcoin holder . What’s next for Michael Saylor? Saylor may continue Bitcoin acquisitions and drive further corporate adoption . Conclusion Michael Saylor’s Forbes cover as “The Bitcoin Alchemist” cements his status as one of the most influential figures in the Bitcoin ecosystem . As Bitcoin adoption grows , Saylor’s strategic vision and institutional impact will continue shaping the crypto industry’s future . While some analysts remain cautious about market sentiment , Saylor’s commitment to Bitcoin remains stronger than ever . To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries.
The Bitcoin mining hashrate is expected to slow down as mining difficulty drops and hardware demand weakens , according to CryptoQuant . On January 27, Bitcoin’s mining difficulty fell to 108.1 trillion , marking the first reduction of 2025 , while the network’s hashrate stood at 832 EH/s . This decline comes after a challenging 2024 , with signs that competition among miners is cooling due to weaker ASIC preorders and increased market pressures . Why Is Bitcoin’s Mining Hashrate Slowing? Key Factors Behind the Decline: Lower Mining Difficulty – The first difficulty drop in 2025 reflects a slower rate of new miners joining the network . Weaker Demand for ASIC Miners – Fewer preorders suggest a cooling mining market , reducing network expansion. Energy & Cost Challenges – Rising electricity costs and Bitcoin’s recent volatility have forced some miners to scale back operations . AI Competition in Computing Power – China’s DeepSeek R1 AI model is offering a cost-efficient alternative to traditional high-performance computing (HPC) and mining investments. With miners facing increased operational costs , the industry is seeing a shift in market dynamics . How Does This Affect Bitcoin Miners? Potential Relief on Mining Costs – Lower difficulty means existing miners can mine BTC more efficiently . Mining Stocks Under Pressure – Publicly traded mining firms are struggling, as AI adoption and energy costs rise . Diversification Into AI & HPC – Some mining companies are pivoting to AI computing to offset declining mining profitability . According to Cointelegraph , despite this diversification trend , many mining stocks underperformed due to increasing competition and economic pressures . What’s Next for Bitcoin Mining? Post-Halving Mining Adjustments – The upcoming Bitcoin halving in April 2024 could further impact miner profitability. Market Reaction to Hashrate Drop – If mining hashrate slows significantly, BTC price dynamics could shift . AI & HPC Expansion – More mining firms may leverage AI computing power to remain competitive. While Bitcoin mining remains crucial , the industry is adapting to new economic and technological realities . FAQs What is Bitcoin’s current mining hashrate? As of January 27, Bitcoin’s hashrate stands at 832 EH/s , reflecting a slight decline . Why is mining difficulty dropping? Weaker demand for ASIC mining hardware and reduced competition among miners have led to lower network difficulty . How does a lower hashrate affect Bitcoin? A declining hashrate can reduce network security , but also makes mining easier for active participants . Are Bitcoin miners shifting to AI computing? Yes, some mining firms are diversifying into AI and high-performance computing (HPC) to offset lower BTC mining profitability . Will Bitcoin’s halving impact mining hashrate? Yes. The upcoming Bitcoin halving in April 2024 could further impact miner earnings and competition . Conclusion Bitcoin’s mining hashrate is expected to slow as difficulty decreases and mining demand cools . With weaker ASIC preorders, AI competition, and rising operational costs , many miners are reevaluating their strategies to remain profitable. As the Bitcoin network evolves , the industry will continue to balance mining profitability, technological advancements, and macroeconomic challenges . To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries.
Jacob King , an analyst at WhaleWire , has suggested that Forbes magazine covers featuring prominent crypto figures often coincide with market peaks , raising speculation about a potential market bubble . His statement on X (formerly Twitter) comes after Forbes released a new cover featuring Michael Saylor , founder of MicroStrategy (NASDAQ: MSTR) and the largest corporate holder of Bitcoin (BTC). King pointed out that past Forbes covers have preceded major downturns , citing: Changpeng Zhao (2018) – Binance’s former CEO appeared on Forbes before a multi-year bear market . Sam Bankman-Fried (2021) – The FTX founder graced Forbes shortly before FTX’s collapse and the 2022 crypto winter . With Saylor now featured , some analysts are questioning whether history will repeat itself . Are Forbes Covers a Signal for Crypto Market Peaks? Historical Trends Suggest a Pattern: 2018: Changpeng Zhao’s cover preceded a brutal bear market . 2021: Sam Bankman-Fried was featured before FTX’s downfall . 2024: Michael Saylor’s cover raises speculation about a potential market top . While correlation does not imply causation , these past events have led to skepticism about high-profile media coverage in the crypto space. Why Do Market Tops Coincide with Media Hype? Excessive Media Coverage Fuels FOMO – When crypto hits mainstream media, retail investors pile in , often marking the final stage of a bull market . Late-Stage Institutional Interest – Corporations and funds often enter near the top , thinking they are late but still early . Overconfidence Before Corrections – When a narrative becomes too bullish , smart money starts exiting , triggering a market downturn . With Bitcoin near all-time highs , some analysts view this as a cautionary sign . Could Michael Saylor’s Cover Mark Another Market Peak? Bitcoin ETFs & Institutional Adoption – Unlike past cycles, Bitcoin is now an institutional asset , which may reduce extreme volatility . Macro Trends Still Favor Bitcoin – With inflation concerns and monetary policy shifts , BTC may have room to grow . Retail Speculation on the Rise – If memecoins and low-cap altcoins start surging , it could signal an overheated market . While past trends suggest caution , Bitcoin’s fundamentals remain strong , leaving room for further upside or a short-term correction . FAQs What is the Forbes crypto cover theory? It suggests that when a major crypto figure appears on Forbes, the market is near a peak , based on past examples. Who were the previous crypto figures featured on Forbes? Changpeng Zhao (2018) – Before the crypto bear market Sam Bankman-Fried (2021) – Before FTX collapsed Michael Saylor (2024) – Raising speculation about a market top Does media hype always mean a market peak? Not necessarily, but excessive media coverage often aligns with retail FOMO and speculative bubbles . Is Bitcoin due for a correction? While Bitcoin remains strong , if altcoin speculation surges , it could indicate market euphoria before a pullback. Should investors be worried about Michael Saylor’s cover? It’s worth monitoring , but institutional Bitcoin demand may prevent extreme volatility seen in past cycles. Conclusion The Forbes cover theory has gained attention after past features of Changpeng Zhao and Sam Bankman-Fried coincided with market peaks . With Michael Saylor now on the cover , analysts are debating whether this signals another potential market top or just heightened mainstream interest in Bitcoin. While history suggests caution , Bitcoin’s institutional growth and long-term fundamentals remain strong. Investors should stay informed and manage risk accordingly . To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries.