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Summary: ⚈ Bitcoin is trading near $96,739 and aiming to break $100,000 soon. ⚈ Key levels to watch are $94,657 (support) and $97,828 (resistance). ⚈ High RSI suggests BTC may face short-term downside before another rally. After threatening to end the bull cycle before coming close to the previously forecasted cycle tops near $200,000, Bitcoin (BTC) broke out in mid-April and is once again promising to reclaim the psychologically important $100,000 level. Specifically, after falling to 2025 lows near $75,000 on April 7 and April 8, as Liberation Day tariffs pushed stock and cryptocurrencies lower, and bond yields and gold higher, BTC set an upward course and achieved a multi-month high above $97,000 on May 1. The subsequent correction, as relatively mild as it has been, demonstrated that Bitcoin’s journey will not be smooth.  Indeed, the world’s premier cryptocurrency has entered a seemingly stable zone between $96,000 and $97,000 in the last 24 ho...

After years of turmoil driven primarily by the pressure from the legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), things started looking up once XRP gained legal clarity that it was not a security. Though the ruling didn’t completely prevent the SEC from pursuing an unregistered securities claim, the positive developments started gaining momentum in November 2024 as Donald Trump was re-elected president of the United States and Gary Gensler confirmed he would resign as Chair of the regulatory agency. The developments fueled significant optimism about XRP’s future and again made investors hopeful that their positions in the token might make them millionaires. Picks for you A small city in Romania could ‘soon’ adopt cryptocurrency, as hinted on X 21 mins ago ...

Amid an exceptionally volatile period for most assets in the cryptocurrency sector, Chainlink (LINK) has struggled to maintain its footing.  The week began with a sharp market-wide crash, and Chainlink was no exception, with its price plummeting toward the $8 level after holding above $11 just days earlier.  However, as the broader market began to recover, LINK quickly reclaimed the $10 mark, signaling resilience in the face of uncertainty. Picks for you How much does Disneyland make a year? 34 mins ago How much does Amazon make a day? 41 mins ago Binance becomes the first crypto platform to hit 1 million YouTube subscribers ...

ARK Invest CEO Cathie Wood has a “base case” for $BTC going to $600k by 2030 but a “bull case of $1.5m by 2030”. In a recent appearance on CNBC, Cathie Wood, CEO of Ark Invest, reaffirmed her optimistic 2030 Bitcoin price predictions. Wood’s projections include a bear case of $258,500, a base case of $682,800, and a bullish scenario of $1.48 million. Wood disclosed that 25% of her net worth is invested in Bitcoin. CEO of Ark Invest, Cathie Wood, doubles down on her 2030 #Bitcoin price predictions Bear case: $258,500 Base case: $682,800 Bull case: $1.48M History is in the making. pic.twitter.com/VEqpRHwu0H — The ₿itcoin Therapist (@TheBTCTherapist) January 11, 2024 This announcement comes on the heels of the approval of the Bitcoin Exchange-Traded Fund (ETF), with a price of $44,500 pre-approval on Wednesday. Within the first hour of trading this morning, Bitcoin soared to $49,000 with $2 billion in volume, showing the ETF’s immediate impact on the market. ...