Bitcoin

Bitcoin is trading in a tight range as analyst Daan highlights a critical Fibonacci support level around $84,000. With the Fed meeting approaching, market participants are watching closely for potential price movements.

Several on-chain indicators suggest a significant price movement for Bitcoin is imminent. Key metrics include rising exchange inflows, increased whale transfers to exchanges, and a surge in stablecoin deposits, all pointing to potential volatility ahead.

A Bitcoin whale moved 2,000 BTC worth €155 million after 13 years of inactivity, sparking market speculation. The coins originated from Casascius Coins, physical bitcoins created by Mike Caldwell in 2011.

Central banks are buying gold at record rates amid economic uncertainty, with October marking the highest monthly increase this year. This trend has renewed discussions about Bitcoin’s role as ‘digital gold’ and whether it will benefit from gold’s surge.

The article explores how Donald Trump’s potential appointments of crypto-friendly figures like Kevin Hassett to the Federal Reserve and Scott Bessent as Treasury Secretary could trigger a major shift in U.S. monetary policy. This new strategy, focused on aggressive growth and potentially higher inflation, could create a favorable environment for Bitcoin and other assets, potentially causing their prices to surge.

This article explores the potential consequences for Bitcoin’s price if Strategy, the largest corporate holder, is forced to sell its 650,000 BTC. It examines the conditions under which Strategy might sell, the company’s financial mechanics, and various analyst predictions ranging from a temporary dip to a catastrophic flash crash.

American Bitcoin, co-founded by Eric Trump and Donald Trump Jr., added 363 bitcoins to its holdings during a market dip, bringing its total to 4,367. The company remains committed to its long-term strategy despite a recent stock plunge.

Despite recent market weakness, JPMorgan maintains a €146,000 price target for Bitcoin, citing Strategy’s financial stability, a potential positive MSCI ruling, and a valuation model comparing Bitcoin to digital gold.

This article explores how much Bitcoin is required for financial freedom and retirement, using models like the Stock-to-Flow and country-specific cost-of-living data to provide estimates.

Michael Saylor faces criticism on X after his company Strategy made a $27 million down payment for a private jet, especially as Bitcoin’s price and MSTR stock have fallen. Reactions are mixed, with some calling it a misstep and others defending it as normal for a global company.