MCO Global’s Post

Day 13: Bitcoin's Market Cap (with 2 st. dev. channel) Bitcoin's market cap is finally back above $1 trillion. We believe that it is headed even higher! The 2 st. dev. regression channel shows that the mean stands at $2 trillion. This is our medium-term target, as long as BTC continues on this 'reversion to the mean' trend. Depending on the changes to interest rates worldwide this year, we could even think about higher market cap targets (+$3 trillion) heading into 2025 - 2026. Having this chart as a long-term guide should be helpful to everyone that is interested in crypto! #bitcoin #bitcoinetf #bitcoinnews #crypto

The million-dollar question on the mind of every crypto enthusiast, investor and trader is whether the price of Bitcoin will hit or exceed $100,000 before the end of 2024. When the market was bullish, which it has not been for the past few days, traders, experts and analysts seemed confident that Bitcoin would reach $100,000 and even higher. It is noteworthy that Bitcoin had risen more than 100 percent in the last 12 months. On March 14, 2024, Bitcoin reached an all-time intraday high of $73,835.57, spurring the sentiment towards the 100K mark. This week Bitcoin has dived below 60K. The question on the minds of many is the direction of the price of Bitcoin. Read more: https://lnkd.in/duH5BZH7 #Bitcoin #BitcoinPrice #Crypto #Cryptocommunity

As the prop trading community is faced with a crisis, cryptocurrencies have reached new highs in the new year. Taking Bitcoin's price as an example, at the beginning of February, BTC was priced at $43,078. By February 29, the price had soared to $62,847, marking a 47.74% increase in the past month alone, coming tantalizingly close to its historical peak of nearly $70,000 in 2021. #crypto #cryptocurrency #finance #bitcoin https://lnkd.in/g-_iv3k8

Is This Bitcoin Bull Market Early? Here's What the Data Says About Timing the Top ➡️ Read All : https://lnkd.in/eHSpAQub Crypto investors are delighted over Bitcoin’s immense gains this year, rising 50% less than two months after the approval of U.S. Bitcoin spot ETFs in... [...] #CryptoInvestment #BullMarket #BitcoinETF #MarketCycle #CryptoAnalytics #Crypto #Bitcoin #NBTC

Any #BITCOIN fans out there? Looks like bitcoin is behaving exactly like what many of us (who have been following crypto for a long time) predicted. The most important thing to understand about bitcoin is that it is CYCLICAL - and that we are now into the FOURTH cycle (following the fourth halving event). It does look like BTC is closely mimicking what has happened in previous cycles, which means the next 6-12 months are looking positive. So before I say this I should of course add the standard disclaimer that this is not financial advice - so do you own research, etc. and be careful. BUT I also need to say this... There are not that many 5x-10x opportunities in investing these days. I'm going to suggest that BTC is one of them. For similar reasons gold is also doing well at 40+% gains for the year. Also worth looking into Because that bull market is also far from over. Something to think about :) https://lnkd.in/dDQHFCUp

The price of Bitcoin plunged amid a hectic day that saw crypto liquidations top $661 million over the past 24 hours, affecting nearly 200,000 traders. In early trading on March 15, Bitcoin shed 7.5% in just a few hours, falling from $72,000 to $66,500. The asset rebounded slightly to reclaim the $68,000 level before getting rejected there and falling further to around $67,500, where it was trading at the time of writing, according to data from Tradingview. The price is currently 8.3% down from its March 14 all-time high of $73,737. #crypto #cryptonews #bitcoin #nydesicrypto

#BitcoinNews: Crypto enthusiast and YouTuber Jeremy DaVinci's analysis sparks optimism in the Bitcoin community by highlighting the potential for Bitcoin's price to double within three months. He emphasizes the historical correlation between closing above the upper Bollinger Bands and significant price surges, projecting a price of over $130,000. Investor Dan Tapiero also supports this bullish outlook, forecasting a potential rise to over $200,000 due to concerns about monetary debasement and Bitcoin's scarcity compared to traditional assets. Despite recent fluctuations, Bitcoin remains resilient, trading above $69,000. #CryptoNews #CryptospaceToday #Bitcoin

AI BITCOIN $2.5 Billion In Bitcoin Flows Out Of Centralized Exchanges – Time To Buy? nvestor confidence appears to be on the rise in the crypto market lately, and Bitcoin has been a major beneficiary of this positive trend. Consequently, there has been a continuous accumulation of BTC amongst large-scale investors despite its somewhat frustrating price action. The premier cryptocurrency’s price may have ended May beneath the psychological $70,000 mark, despite having touched the level a couple of times in the last two weeks of the month. The latest on-chain data suggests that the faith in Bitcoin has only continued to grow strong. https://lnkd.in/gR8UEKds #BITCOIN #BTC #BITCOINBUYERS #bitcoinsellers #otc

Some Headlines #ShibaInu Whales On The Move Again As Bitcoin, Crypto Market Recover https://lnkd.in/eM5b-j-N Trading bot - Start for free https://lnkd.in/eFbUzzJb 5 bullish arguments that Bitcoin price just bottomed at $53K Get Trading Ideas https://lnkd.in/eRazDdeV #Bitcoin recovery fizzles, but $SOL, $DOT, $NEAR and $KAS could rally https://lnkd.in/e65CzmAw Exchange Crypto https://lnkd.in/eqEEPFbY Crypto Traders Lose $600 Million In 24 Hours as Bitcoin Crashes, but This Ethereum Gem Keeps Winning https://lnkd.in/epWf57-V #RCOFinance ( $RCOF) Top #RWA Cryptocurrencies to Put on Your Watchlist in July https://lnkd.in/eJAmHcE7

#BitcoinNews: A crypto analyst predicts Bitcoin could surge to over $230,000, citing a bullish cup and handle pattern similar to past breakouts in Gold and the S&P 500. With Bitcoin currently trading at $67,350, this would require a 197% increase. Positive momentum is reviving bullish sentiment among long-term holders. #CryptoNews #CryptospaceToday #Bitcoin