Veteran trader Peter Brandt forecasts Bitcoin could hit $250,000 by the end of 2029, following a prolonged consolidation phase expected to last until September or October 2026. This outlook is based on Bitcoin's historical four-year halving cycle, with the recent halving in April 2024 marking the start of a bear market phase that may bottom in late 2026. After this, Brandt anticipates a strong uptrend leading into the 2028 halving and culminating in a major price peak in late 2029. He remains flexible to adjust his forecast if market behavior deviates from historical patterns.
Bitcoin price increased by 2.46% to $61,644 on July 3, driven by easing geopolitical tensions following progress in US-Iran peace negotiations. ARK Invest CEO Cathie Wood stated that the reopening of the Strait of Hormuz will increase oil supply, wea...
Top traders significantly reduced their Ethereum futures long positions in both USDT- and coin-margined markets, signaling a short-term de-risking despite stable overall crypto market conditions. Ethereum's long position share among top traders fell ...
Bitcoin is trading around $61,697 with a modest 2.7% move, while Ethereum has surged 6.4% to $1,717. The total crypto market cap stands at $2.22 trillion, with Bitcoin dominance at 55.7%, indicating cautious capital rotation between Bitcoin and altco...
The cryptocurrency market is showing signs of recovery as $1.9 billion in Bitcoin options, $230 million in Ethereum options, and $3.7 million in XRP options expire today. Bitcoin has surged over 6% to around $62,000, supported by bullish call options...
Bitwise CIO Matt Hougan says MicroStrategy's era as Bitcoin's dominant buyer is ending as the company shifts to a new capital framework allowing Bitcoin sales up to $1.25 billion for dividends, reserves, and buybacks. This change follows a drop in Mi...
