Bitcoin's imminent surge toward all-time high may be supported by these five compelling factors, as highlighted by QCP Capital analystsDisclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies.
Third, institutional interest in Bitcoin remains robust, with major asset managers like Millennium Management and Schonfeld allocating significant portions of their assets under management to spot Moreover, a convergence of factors, including widespread sovereign and institutional adoption, diminishing inflation concerns and the anticipation surrounding upcoming U.S. presidential elections, further bolsters the case for bullish momentum.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3 reasons why Bitcoin traders say a BTC price trend reversal is overdueKey Bitcoin price metrics suggest BTC price is undervalued in its current range.
Source: Cointelegraph - 🏆 562. / 51 Read more »
2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullishCrypto analyst Will Clemente points to the Bitcoin funding rate and annualized rate as indicators that Bitcoin is “consolidating before the next leg up.”
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »
The reasons Bitcoin price is down 11% since the halvingThe Bitcoin price has dropped 11% since the fourth halving, which is somewhat contrary to the established price trajectory after a halving.
Source: Cointelegraph - 🏆 562. / 51 Read more »