Plan C says rising US Manufacturing PMI confirms a fresh leg in the Bitcoin bull market, countering $50,000 calls.
Bitcoin surged past $80,000, but analysts split on whether the rally is a bullish stress test or a coming flush setup.
Forbes contributors publish independent expert analyses and insights. Frank Corva writes about Bitcoin adoption around the world. Last night, Bitcoin proponents and members of the U.S. political class ...
A Washington, D.C.–based coffee chain has become the first business globally to process Bitcoin (BTC) transactions through Square’s point-of-sale system. Compass Coffee, which operates 27 locations ...
Wall Street giant Citi (C) said the sluggish start to the traditional Santa Claus rally may not yet derail the year-end equity rebound but points to bitcoin’s BTC $80,237.70 slump as a warning sign.
At a current price of $71,000, prediction markets give Bitcoin just a 5% chance of hitting $150,000 by the end of June. Historically, Bitcoin has averaged a return of 27% in the second quarter.
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