Bitcoin News Alerts | Daily BTC News

Crypto analyst and trader Michaël van de Poppe is expressing bullish sentiment on Bitcoin as 2022 comes to a close. According to the cryptocurrency analyst, BTC could surge by about 108% from current levels should it take out the diagonal resistance of the falling wedge pattern. "We are looking at a falling wedge structure for Bitcoin that you clearly want to see breaking out in 2023. And once we do break out of that, we're going to have to have a rally towards $35,000." Learn more about your ad choices. Visit megaphone.fm/adchoices

A widely followed crypto strategist is predicting the upcoming Christmas holiday will bring a Bitcoin rally. The pseudonymous analyst Kaleo tells his 552,400 Twitter followers that a festive rally is in store for the king crypto (BTC) because no one is expecting it as the hash rate remains strong. "Santa rally [season] begins soon." He says since the majority of sentiment is predicting a collapse, the odds are the opposite will take place. "My entire timeline is ready for a complete collapse to a lower range. When the majority of the timeline agrees on something, they're usually wrong." Learn more about your ad choices. Visit megaphone.fm/adchoices

A widely followed crypto strategist is expressing long-term bullish sentiment for Bitcoin as the next BTC halving approaches. The host of cryptocurrency YouTube channel InvestAnswers tells his 444,000 YouTube subscribers that Bitcoin could rally by nearly 380% from current levels en route to printing a new all-time high at the top of the next bull market. "I'm sticking with a much more conservative price of $80,000 for the next cycle. That would be sometime in the year 2024. I do believe we could hit about $61,000, $62,000 by April 2024 – and that is right at the halving of April/May 2024." Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto strategist believes that Bitcoin (BTC) is gearing up for a massive rally in 2023. The pseudonymous analyst known in the industry as Inmortal tells his 189,800 Twitter followers that Bitcoin is flashing a trend reversal signal on the three-day chart. "Monster divergence on Bitcoin. It's positive, but it isn't a bottom signal. Price may continue to go down as the RSI [relative strength index] makes higher lows." Learn more about your ad choices. Visit megaphone.fm/adchoices

Real Vision CEO Raoul Pal says he's expecting 2023 to be a decently good year and 2024 to be an extremely good year for Bitcoin (BTC) and Ethereum (ETH), the top two crypto assets by market cap. "So here we are on the long-term adoption cycle where Metcalfe's Law kicks in, and this is the thing that drives the exponential gains. Every time we get to this situation, we get new highs within about 18 months, maximum two years… So I'm expecting 2023 to be a decently good year and 2024 to be an extremely good year." Learn more about your ad choices. Visit megaphone.fm/adchoices

A panel of crypto experts has predicted that the Bitcoin price will rise to $318,417 by December 2025. The most bullish expert believes that the price of the king cryptocurrency (BTC) will reach $160,000 by the end of the year. Meanwhile, 54% of them think that hyperbitcoinization will happen by 2050. Learn more about your ad choices. Visit megaphone.fm/adchoices

Matthew Sigel, Head of digital assets research at VanEck, predicts Bitcoin could drop to $10k-$12k in Q1 2023 due to miner bankruptcies, followed by a 200% surge. The podcast discusses Bitcoin price fluctuations, FTX donations, Bitvavo liquidity crisis, DCG's debt impact, Trump's NFT collection, and more volatility in the crypto market.

Ethereum has come under fire from Bitcoin maximalist and former MicroStrategy CEO Michael Saylor who has compared the network to LUNA, which tragically collapsed in May 2022. The effects of the collapse continue to haunt the broader crypto market, playing a role in the collapse of many notable cryptocurrency firms. Now, Saylor has pointed fingers at Proof of Stake (PoS) networks like Ethereum as carrying a possibility of crashing like the infamous Terra. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin falls below $18k after Federal Reserves announces 50bps rate hike. Shark Tank star Kevin O'Leary has revealed a private phone conversation he had with former FTX CEO Sam Bankman-Fried after the crypto exchange lost its customers' funds. Speaking under oath in front of the U.S. House of Representatives Financial Services Committee, the former FTX spokesperson details the conversation he had with SBF last month after he realized his funds were no longer in his FTX account. Learn more about your ad choices. Visit megaphone.fm/adchoices

"Looking ahead, Bitcoin could test $10,000-$12,000 as BTC miner bankruptcies increase due to the drop in Bitcoin value and increasing electricity costs," VanEck predicts. The investment firm believes that many miners of the king crypto (BTC) will be forced to restructure or merge in order to find capital during difficult times. As Siegel explained, the Bitcoin mining industry is in a tremendous stress situation. Learn more about your ad choices. Visit megaphone.fm/adchoices