Veteran trader Peter Brandt forecasts Bitcoin will reach $250,000 by late 2029, but only after a prolonged bottoming phase lasting until around September or October 2026. His prediction is based on Bitcoin's historical four-year halving cycle, where bull markets peak about 16 to 18 months after halving and bear markets last about a year. Brandt's outlook contrasts with other analysts who believe the bear market ended in February 2026. He emphasizes his forecast depends on Bitcoin following past cycle patterns and is open to revising it if price action deviates.
Bitcoin's recent drop to around $60,000 triggered strong buying from large investors, or whales, while retail investors held back. This buying pressure quickly pushed the price back up to $66,000. On-chain data from Glassnode shows a synchronized acc...
Japanese cryptocurrency exchange bitFlyer announced it will start listing Solana (SOL) on June 24, allowing users to easily buy and sell the token. This listing is significant as bitFlyer is one of Japan's largest exchanges, providing Solana greater ...
Brian Armstrong, CEO of Coinbase, expressed his belief that bitcoin has likely found its bottom around $60,000, referencing the cryptocurrency's historical four-year cycle. Despite recent price drops, Armstrong remains bullish, calling bitcoin "the n...
The CoinDesk 20 Index rose 5.9% since Friday, driven by strong gains in Bittensor (TAO), which surged 31.9%, and Near Protocol (NEAR), up 22.2%. All 20 assets in the index traded higher, with the smallest gains seen in Binance Coin (BNB) and Bitcoin ...
Veteran trader Peter Brandt highlights Bitcoin's adherence to classical chart patterns but notes recent weakness as BTC trades below its 18-week moving average near $71,253 and has broken below a rising channel. CryptoQuant data shows whale selling h...
