bullish

Bitcoin

Spot

Coin

<ul class="news-points">
 <li><strong>Bitcoin surges to nearly $70,000 after a drop to $53,000 earlier this month.</strong></li>
 <li><strong>Market tracker Spot on Chain projects Bitcoin to reach $100,000 by year-end.</strong></li>
 <li><strong>Ethereum, Solana, and XRP also see gains amid the bullish trend.</strong></li>
</ul>
<p>Bitcoin has climbed back to the $70,000 mark after a substantial price drop to the $53,000 range earlier this month. Today, Bitcoin hit a daily high of $69,851 following several key events, bolstering the market values of Ethereum, Solana, and XRP.</p>
<p>Amid this bullish trend, market tracker Spot on Chain has updated its outlook for Bitcoin, now projecting a price point of $100,000 in the coming weeks.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"> Similar to what we predicted in April, the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> price had dipped to as low as $54.7K and is now rebounding to $70K in this turbulent July.<br><br>In the upcoming months, we expect some significant movements in the price of <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>, which potentially reaches $100K in the latter… <a href="https://t.co/lie8sHEtS4" target="_blank" rel="noopener noreferrer nofollow">https://t.co/lie8sHEtS4</a> <a href="https://t.co/NEChnh6DmX" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/NEChnh6DmX</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1817798689047617576?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 29, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>In an earlier analysis, Spot on Chain predicted that Bitcoin’s price would fall below $60,000 before experiencing a significant rebound. Indeed, this forecast materialized as Bit…</p>
<p>The post <a href="https://coinedition.com/bitcoin-nears-70k-after-major-price-drop-analyst-foresees-incoming-43-85-surge-to-100k/" rel="noopener noreferrer nofollow">Bitcoin Nears $70K After Major Price Drop, Analyst Foresees Incoming 43.85% Surge to $100K</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin Nears $70K After Major Price Drop, Analyst Foresees Incoming 43.85% Surge to $100K

Coin Edition

Інші статті, опубліковані 29 лип. 2024 р.

Plan B says: ‘I expect BTC price to double in 3-5 months’

Don’t Miss Out On Mpeppe (MPEPE) Profits by Holding On To Pepecoin’s Past

Bitcoin Reaches 100 Days Since Last Halving Event

Looking Back at Pi Network’s ‘Pi2Day Challenge’

Hong Kong Police Arrest Four, Including 14-Year-Old, for Counterfeit Crypto Scam

Economy: EDF Announces the End of the Surge in Electricity Prices in France

Приєднуйтеся до нашої безкоштовної розсилки для отримання щоденних оновлень щодо крипто!