Wednesday, September 22, 2021
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Next stop $85K for Bitcoin as analysts predict ‘explosive’ Q4 for BTC price action

Bitcoin (BTC) is heading for at least $85,000 in Q4 this year and could well surpass the $100,000 mark, new research says.In its latest market update on Friday, trading platform Decentrader revealed an unapologetically bullish mid-term BTC price forecast.Next stop $85,000 for BTC/USDDespite BTC/USD being kept below $50,000 this week,

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SEC could approve Bitcoin futures ETF in October, analysts predict

The United States Securities and Exchange Commission is likely to approve a Bitcoin (BTC) futures exchange-traded fund (ETF) by the end of October, according to Bloomberg ETF experts.Bloomberg ETF analysts Eric Balchunas and James Seyffart issued an investor note on Tuesday suggesting that last week’s abrupt withdrawals of Ether (ETH) futures ETF

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Can Bitcoin whale deposits to exchanges actually predict BTC price?

Traders are increasingly checking on-chain data to "predict" both the short-term and long-term price trend of Bitcoin (BTC) using such platforms as CryptoQuant, Glassnode and WhaleAlert. Particularly, data points such as Bitcoin exchange inflows, outflows, and stablecoin inflows are actively used by traders to anticipate where BTC may go next.

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