Bitcoin News Alerts | Daily BTC Macro Signal

It's been a rocky start to the year for Bitcoin, but experts still say it will hit $100,000 — and that it's more a matter of when, not if. The most extreme crypto skeptics say Bitcoin will tank to as low as $10,000 in 2022, but a middle ground might be to say the cryptocurrency can still climb to $100,000 like many experts predicted late last year - just on a slower timeline. "What I expect from B...

Zooming out, one Bitcoin price indicator led top crypto analyst TechDev to believe that BTC/USD would see a new all-time high before its next block subsidy halving in 2024. TechDev flagged the True Strength Index (TSI) for Bitcoin, a metric that uses several base calculations to determine how overbought or oversold the asset is at a particular price. "As such, I expect: - Intermediate wave 5 top a...

Bitcoin is still on track to hit $500,000 over the next five years, according to billionaire crypto investor Mike Novogratz. He also admitted he was "wrong" about the extent of the leverage in the industry. Novogratz, the founder and CEO of Galaxy Digital Holdings Ltd, told Bloomberg at a summit on July 19 that demand for the cryptocurrency would be driven by higher rates of adoption and global ec...

A new report from Kraken Intelligence uses the Bitcoin 200-week moving average as a crystal ball, to project the future price of the king crypto. Specifically, Kraken looks at the multiples that BTC has traded at relative to its 200-week moving average in the past. If Bitcoin once again climbs to a 10x to 15x multiple of its 200-week moving average, which Kraken analysts say is in the historical r...

A popular crypto strategist is predicting a surge in price for Bitcoin as he maps out BTC's possible trading range over the next few months. Pseudonymous analyst Kaleo tells his 527,900 Twitter followers that a strong Bitcoin rally is imminent. Kaleo's chart predicts a huge Bitcoin bounce to around $28,000 in the short term prior to another leg down below $20,000, which would then be followed by a...

A popular crypto analyst is anticipating a major relief rally for Bitcoin (BTC) amid uncertainties in the cryptocurrency markets. In a new strategy session, Nicholas Merten tells his 515,000 YouTube subscribers that more people are now willing to buy Bitcoin as sellers of the flagship digital asset have been forced out of the market. "We do believe that an extended bear market could still play out...

Billionaire investor Thomas Peterffy – Founder and Chairman of Interactive Brokers – believes the American authorities might ban crypto amid concerns that they facilitate illegal activities. Nonetheless, the billionaire remains a HODLer, vowing to purchase more Bitcoin (BTC) if its price drops to $12,000. "I believe inflationary pressures will continue for years, not months. This is not a short-te...

Shark Tank millionaire investor, Kevin O'Leary thinks that the crypto market bottom will be marked by "total panic," at which point weak companies with "idiot managers" will be weeded out and the industry can continue to grow. "Once regulations are in place, the price of Bitcoin will quadruple." It's unfortunate that these companies have gone to zero but you end up with much stronger species." Lea...

Here's the only clear path for Bitcoin to one day reach $300,000 which equates to a monster 15-fold return from today's BTC price. The king crypto (Bitcoin) as a store of value aka digital gold can easily eclipse $300,000, it's just a matter of time. Also in todays breaking Bitcoin News: A popular cryptocurrency trader warns BTC could nosedive to $8,500 as the crypto market encounters severe macro...

A new study finds that many Wall Street investors believe Bitcoin hasn't bottomed out and will fall to nearly half its current value. A new Bloomberg MLIV Pulse survey says it asked 950 Wall Street investors whether they expected the king crypto (BTC) to first recapture the $30,000 level or fall to $10,000, with 60% saying they agreed with the bearish scenario. The poll ran from July 5th to 8th, d...

Former BitMEX CEO Arthur Hayes has doubled down on his uber-bullish Bitcoin price prediction, claiming that the price of the world's largest crypto (BTC) will eventually hit a whopping $1 million per coin. Hayes recently predicted that the price of Bitcoin would touch $1 million by 2030. He believes that Bitcoin would be able to reach that milestone because of the "HODL culture." Users with a high...

A closely tracked crypto strategist who continues to build his following with timely Bitcoin predictions says the king crypto asset (BTC) could be gearing up for a significant rally. Cryptocurrency analyst Kevin Svenson tells his 110,200 Twitter followers that he's looking at Bitcoin's moving average convergence divergence (MACD) indicator on the three-day chart which suggests that Bitcoin is like...

Shark Tank star Kevin O'Leary says he's expecting to witness a massive Bitcoin capitulation event that will trigger fear and panic among crypto investors. "I like a big, big panic event. That's always been a great way to bottom. It's towel throwing. It's capitulation. It's massive volume. It's total panic in the streets and always a great buying opportunity. I have no idea who's next. Could be tom...

One crypto analyst maintains a contrarian bullish stance on Bitcoin for the rest of the year despite a dramatic drop from all-time highs. The closely followed cryptocurrency analyst Credible Crypto tells his 336,000 Twitter followers he foresees BTC hitting all-time highs (ATHs) in the next six months before the real bear market begins. "Still expecting a new ATH and six-figure BTC by 2023 and bel...

Popular crypto strategist and trader Kaleo says Bitcoin will hit a new all-time high of at least $110,000 months after the next BTC halving. "Late 2024 / early 2025 we finally see a new Bitcoin all-time high and six-figure BTC. I want to clarify – I think BTC *does* go higher than what this chart shows (~$110,000), but even if that's all we see… that's still a 5x+ from current prices in less than...

Bitcoin is flashing multiple bottom symbols, according to Yassine Elmandjra, an analyst at ARK Investment Management. Elmandjra notes the king crypto (BTC) is trading below its 200-week moving average (MA) short and long-term cost bases. It's only the fourth time that's happened in Bitcoin's price history, according to the analyst. "As stakeholders with the most skin in the game, miner capitulatio...

One crypto analyst is comparing Bitcoin's price action to one traditional stock to predict what's next for BTC after a rocky last two months. "Short and succinct, not financial advice, of course, everything mean reverts unless it's a piece of crap or it's broken. Tesla has held up well during the correction and recession incredibly well. While I believe Tesla will hit $1,200 in the next six to 12...

Seasoned crypto investor Tone Vays says that Bitcoin (BTC) is on the verge of another breakdown which could send the price of the leading cryptocurrency asset to a new 2022 low. In a new strategy session, Vays tells his 121,000 YouTube subscribers that Bitcoin's outlook remains bleak as BTC tries to "desperately" cling to the $19,000 level. Looking at Vays' chart, a break of Bitcoin's immediate su...

A closely tracked crypto strategist who accurately predicted the Bitcoin correction below $30,000 says that it's almost time for BTC to collapse to fresh 2022 lows. Pseudonymous analyst Capo tells his 425,900 Twitter followers that the top crypto asset by market cap's inability to stay above the key psychological price area of $20,000 suggests that another sell-off event is imminent. "BTC: more ac...

CNBC analyst Brian Kelly believes Bitcoin (BTC) still possesses more downside potential even as it trades at over 70% off its all-time high. On CNBC's Fast Money, Kelly says the flagship crypto could still fall nearly 50% from current levels as the macro environment worsens. "The good news is that I do think we are getting a lot closer to a generational bottom. The bad news is that it might not be...

On-chain insights platform CryptoQuant CEO Ki Young Ju says crypto investors did not leave the market despite this year's downturn. According to Ju, the current dip that sent Bitcoin (BTC) plunging below $20,000 from an all-time high of nearly $70,000 can be considered the crypto market's first recession. "Stablecoins sitting in exchanges are now worth half of Bitcoin reserve. We have $25 billion...

A popular crypto analyst is digging into the charts to set low-end price targets for Bitcoin and Ethereum, the 2 largest cryptocurrency assets by market cap. The analyst remains cautious about predicting a BTC bear cycle bottom, noting two previous instances that were punctuated by dramatic volatility downward. "I'm not saying this is necessarily the bottom. Usually for absolute bottoms to form, y...

Crypto influencer Adam Back, inventor of Hashcoin (which is used in Bitcoin mining) and CEO of Blockstream, shared his thoughts on Bitcoin recently. Responding to a Tweet claiming that Bitcoin would still hit six figures during the next market cycle, Back said that he believes Bitcoin could actually hit $100,000 this year as the DeFi sector crumbles. Despite the cryptocurrency market being down si...

The notorious stock-to-flow model that was perfectly predicting the direction of Bitcoin's movement until the massive correction we saw in May and June suggests that the king crypto (BTC) will reach $72,000 this week, but it is unlikely to happen. Previously, a Fidelity analyst explained why S2F is no longer accurate and will not be in the future. S2F's main source of prediction is the scarcity of...

Venture capitalist Tim Draper thinks Bitcoin is going to go up more than 10-fold by the end of 2023. He isn't the only crypto mogul whistling in the dark. During an interview with Forbes in January this year, Tim Draper offered an ambitious prediction: Bitcoin would hit a whopping $250,000 within a year. At the time, BTC was worth about $41,000. "This is the year it's gonna happen," insisted Drape...