#NumberOfTheDay
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At the moment, #BTC is attempting to consolidate at the $60,000 level, and altcoins from the top 100 are also showing price growth.
The reason for the positive trend is the new ATH of the S&P 500 index (#SPX).
#CryptoNews
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The #Bitcoin-#ETF is positioned as a hedging tool against fiscal, monetary, and geopolitical risks. The key point is the irregular correlation of #BTC with the U.S. stock market and the resilience of digital gold to market fluctuations caused by panic.
#CryptoNews
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Why is this important?
#Bitcoin typically responds positively to increases in the #M2 indicator, and the current situation is no exception.
#CryptoNews
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According to him, although #BTC is correlated with the stock market, its fundamental differences from government assets eliminate counterparty risk β when one party in a financial transaction fails to meet its obligations.
#QuoteOfTheDay
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#Opinion
πͺ #PlanB has published a new forecast for the price of #BTC
According to him, #Bitcoin will close October at around $70,000, after which the coin will experience significant growth:
π In November, following the elections and Trump's presumed victory, BTC will hit a new ATH, reaching $100,000.
In December and January, the levels of $150,000 and $200,000 will be surpassed, driven by the inflow of funds through #ETFs.
March β $300,000
April β $400,000
π In May, Bitcoin will reach half a million dollars due to widespread adoption in most countries.
π€ In June, AI-based autonomous arbitrage will be launched, and the coinβs price will hit $600,000.
From July to December 2025, PlanB predicts Bitcoin will reach $1,000,000 and trigger massive #FOMO among market participants. Then, a bearish trend reversal will occur, with a price floor of $200,000.
π₯ β Fully agree
πΏ β I'd be happy to see at least $100,000 in the next couple of years
β
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According to him, #Bitcoin will close October at around $70,000, after which the coin will experience significant growth:
In December and January, the levels of $150,000 and $200,000 will be surpassed, driven by the inflow of funds through #ETFs.
March β $300,000
April β $400,000
From July to December 2025, PlanB predicts Bitcoin will reach $1,000,000 and trigger massive #FOMO among market participants. Then, a bearish trend reversal will occur, with a price floor of $200,000.
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#Opinion
πͺ While #Bitcoin is showing the best September in its history β +10.6% compared to the average of -3.5%, #CryptoQuant reminds us that the last major resistance level for #BTC is around $63,300.
According to analysts, this is where the main group of short-term holders, who hold coins for 3 to 6 months, are concentrated.
Once this level is surpassed, the path to a new ATH will be openπ
β
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According to analysts, this is where the main group of short-term holders, who hold coins for 3 to 6 months, are concentrated.
Once this level is surpassed, the path to a new ATH will be open
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Like the price of #BTC, the index is showing unusual figures for September.
#CryptoNews
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