Key Highlights: Bitcoin has initiated a major test of its 20-month simple moving average (SMA) at $87,165, signaling that its broader market “reset” phase has concluded. Technical metrics place the Bollinger Bands upper profit-taking band at $121,640 and the lower accumulation base at $52,694, with the central SMA acting as a crucial inflection frontier. CryptoQuant ...
Coinbase CEO Brian Armstrong Projects $400,000 Bitcoin by 2030 Coinbase CEO Brian Armstrong has reiterated his long‑term bullish outlook for Bitcoin, stating that a price of $400,000 by 2030 is a “reasonable target.” In a recent interview, Armstrong outlined the key drivers behind his prediction, citing market cycles, evolving U.S. regulation, and growing institutional capital ...
Bitcoin’s recent price breakout, which lifted the cryptocurrency from about $62,000 to briefly reach $80,000 in just one week, has helped many investors recover losses….