This is the time to buy. The laypeople only buy when prices are high and are afraid to buy when prices are low, especially with assets dropping 10%, 20%, but this is the crypto market. Anyway, good buying moments are like this.
The cryptocurrency Bitcoin seems to be on a glorious path, even reaching the magical mark of US$ 300.000 by the end of 2025. This intriguing possibility is supported not only by optimistic market analyses but also by solid fundamentals that form the backbone of this prediction. With a sharp increase in institutional adoption and innovative investment strategies, Bitcoin's potential appears to have not diminished. But what is really behind this ambitious forecast?
A Bitcoin (BTC) derivatives market indicator suggests a growing risk of a “short squeeze,” a phenomenon that could trigger a sharp rise in the price of the largest cryptocurrency on the market, experts at analyst firm K33 Research said in a report.
A short squeeze occurs when the price of an asset that has been widely sold short (short selling) suddenly rises, forcing short sellers to buy back those assets to limit their losses. This buyback movement triggers a knock-on effect that quickly drives up the price.
The warning sign indicated by the analyst firm is the funding rate of Bitcoin perpetual futures contracts (which have no expiration date). This metric indicates the difference between the reference price of the perpetual futures market and the price of the index, which is equivalent to the spot market of the digital asset.
While some investors are concerned about the recent drop in Bitcoin, currently priced at US$ 61.400, others see this as an opportunity. On social media, analyst Ali Martinez presented an indicator signaling that this is the best time to buy. The indicator in question is the RSI, which stands for Relative Strength Index [...]
Standard Chartered, a famous British bank, is reportedly preparing to launch a Bitcoin and Ethereum trading desk for its customers. The information comes from Bloomberg, which cited that this could be the first global bank to enter the cryptocurrency trading market. According to information obtained from two anonymous sources, the operations […]
Analysts believe that Bitcoin will fall to US$60,000 soon, understand
“There is a new wave of dollar strength and demand for equities,” said Alex Kuptsikevich, senior market analyst at FxPro, in a text shared by CoinDesk. “Demand for risky assets is gradually declining, forming a sequence of decreasing intraday highs for bitcoin.”
“Bitcoin continues to test the strength of the 50-day moving average, but finds no reason to fall further. This persistent test of the lows leaves the bears with the upper hand, with their next target at $60,000.”