Adam Livingston, advisor to Saturn Credit, predicts Bitcoin could reach $256,000 within a year based on the gold-to-Bitcoin ratio being 76% below its long-term fair value. If Bitcoin returns to this fair value relative to gold, it would roughly quadruple in price. This forecast assumes gold prices remain stable; if gold falls, the Bitcoin target may decrease. Livingston supports his view by citing past rebounds after similar ratio lows, where Bitcoin surged significantly within 12 months. Currently, Bitcoin trades around $62,770, down 28% year-to-date, while gold has dropped nearly 6%. The potential rotation of capital from gold to Bitcoin could drive this price increase.
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...
