Key Highlights Fidelity’s Jurrien Timmer identifies $80,000 as a critical support level for Bitcoin, suggesting a sustained breakout could confirm a double bottom pattern targeting $100,000. Timmer’s long-term “power law” model projects Bitcoin could reach approximately $300,000 by 2029 if the $60,000 level holds. The Global Macro Director maintains that Bitcoin and the Bloomberg Commodity ...
Key Highlights Bitcoin approaches the psychologically significant $90,000 threshold, drawing heightened trader attention and speculation on near-term price direction. Crypto exchange Bybit launches a prediction campaign offering 17,000 USDT in rewards for accurate forecasts on whether BTC surpasses $90K by September 25. Broader market signals remain mixed, with varying momentum across major assets and large ...
TD Cowen has raised its price target for The Smarter Web Company to £0.73 ($0.99) from £0.64 ($0.87) while maintaining a Buy rating, following the Bitcoin treasury firm’s proposal for a new perpetual preferred-share offering. In a Monday note to clients, analysts led by Lance Vitanza said the planned MORE preferred shares could provide another ...
Institutional interest in Bitcoin continues to generate notable market predictions. CK Zheng, a former global valuation risk manager at Credit Suisse, said Bitcoin’s worst period…