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Bitcoin analysts point to ‘manipulation’ as BTC price falls to 17-day low.
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Data Reveals Why Chainlink’s Rally Might Only Be Getting Started.
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Here Are Bitcoin’s Biggest Support Levels Ahead: Will BTC Drop to $70K?
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With bitcoin already breaking its previous all-time highs on several occasions during this cycle, including a peak of over $124,500 marked just a few days ago, analysts and commentators are now speculating whether the top is already in. The veteran trader Peter Brandt cited on-chain metrics shared by Colin Talks Crypto and gave it a 30% chance that BTC has already peaked.Peak Is In? 37 months later would be December 22 this year. If history repeats, the digital asset’s price still has a lot of room to grow as the model predicts a price surge to a top of $200,000. This is still far from the current ATH, as BTC would need to register a 60% surge to achieve that milestone. He said there’s a 30% chance BTC has already peaked in this cycle, and what follows would be a painful correction. Every bull market has been followed by a bearish phase, which has driven the asset south hard. In Brandt’s prediction, bitcoin’s inevitable nosedive will take it to somewhere around $60,000 and $70,000 by November 2026, which would be a lot higher than the previous lows. The next bull run, though, will be smashing, according to the trader. He believes BTC will fly to a massive target of half a million dollars. I think there is a 30% chance that BTC has topped for this bull market cycle. Next stop then back to $60k to $70k by Nov 2026, then next bull thrust to $500k $500K Per BTC? Given bitcoin’s current circulating supply of 19.9 million BTC, we can calculate that a price tag of $500,000 would rocket the asset’s market capitalization to almost $10 trillion (it would be higher in reality since there will be more units mined at the time). That’s a 325% surge from the current levels. Such a promising future would turn bitcoin into the second-largest asset by that metric, according to current numbers. CompaniesMarketCap data shows that gold would still be the undisputed leader, with a market cap of $22.7 trillion. However, companies like NVIDIA ($4.4 trillion), Microsoft ($3.860 trillion), and Apple ($3.4 trillion) would be far behind. $BTC
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🚨 A whale dropped 4,806 $ETH ($21.25M) to scoop up 938,489 $LINK across 5 wallets in the last 8 hours. This isn’t just any whale. He’s known for timing the market: - Banked $4.1M trading ETH during the USDC depeg - Cashed out before the UST/LUNA collapse - Rode SHIB early and sold the top in May & Oct 2021 This is smart money at work. 👀 What does he know that we don’t? #SolanaETF #BNBChain #MarketTurbulence
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Memecoin News: DOGE Eyes 40% Breakout, SHIB Risks 50% Drop if Support Fails
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BNB News: BNB Price Hits New All-Time High at $882 as Active Addresses Surpass 3 Million — Is $1,000 Next?
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