Author: dfmines

Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.

The growth of Core Scientific’s mining operations in 2024 resulted in the company achieving a total output of 6,595 BTC. Significant BTC Mining Output for Core Scientific Core Scientific, a bitcoin mining company announced its total mining output of 6,595 BTC for the entire 2024 with 974 BTC mined in Q4 2024. This was outlined […]

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After weeks of trading below the critical $100,000 mark, Bitcoin has started 2025 with renewed bullish momentum. The cryptocurrency, which had been struggling since last month, has shown signs of recovery, climbing back above the psychological $100,000 threshold earlier today for the first time in recent weeks. Bitcoin entered the year trading between $93,000 to $95,000 but has now regained momentum as its current trading price sits at $102,368.  Over the past 24 hours, Bitcoin has surged by a 4.5% increase, bringing it closer to its all-time high of $108,000 achieved in late 2024. This upward movement has reignited optimism among both retail and institutional investors, with many closely watching key market indicators to understand whether Bitcoin can sustain this momentum or if another correction might be on the horizon. Related Reading: Bitcoin Forms First Daily Death Cross On Dominance Chart In 4 Years, What To Expect Next What Bitcoin Short-Term Holder Realized Price Indicates CryptoQuant analyst Yonsei Dent recently shared an analysis of Bitcoin’s price dynamics, highlighting the role of the Realized Price of Short-Term Holders (STH) as a key breakeven point. The Realized Price represents the average purchase price of Bitcoin by short-term holders, segmented into two critical bands: 1-week to 1-month (1W-1M) and 1-month to 3-month (1M-3M). Historically, the 1M-3M band has consistently acted as a medium-term support zone, while the 1W-1M band reflects short-term market sentiment. When the gap between these two bands widens, Bitcoin often experiences consolidation or corrective phases until they converge again. Currently, Bitcoin is encountering resistance at the 1W-1M band. However, the 1M-3M band continues to provide strong support, indicating a potential accumulation opportunity for medium-term investors. Yonsei Dent emphasized that monitoring the interaction between these two bands is essential for identifying market trends. As they move closer together, Bitcoin may experience a period of relative stability before determining its next significant price direction. Further Upward Momentum Expected? Another CryptoQuant analyst, Joohyun Ryu, provided insights into Bitcoin’s recent correction phase, noting that while the market exhibited signs of cooling, key indicators suggest a potential rebound. Metrics such as Market Value to Realized Value (MVRV), Adjusted Spent Output Profit Ratio (aSOPR), and Net Unrealized Profit/Loss (NUPL) offer valuable context for assessing market sentiment. The MVRV ratio currently stands at 2.358, indicating that Bitcoin is trading at a moderate premium relative to its realized value. Similarly, the aSOPR metric, currently at 1.02, suggests that Bitcoin transactions are still yielding profits on average. Meanwhile, the NUPL value of 0.58 reflects a market sentiment that remains in a state of optimism despite recent price fluctuations. Ryu also highlighted the continued activity of short-term holders, noting their consistent market participation despite recent volatility. Related Reading: Analyst Identifies Bitcoin Key Support Levels Amid Rebound Challenge – Details This steady influx of new investors suggests growing confidence in Bitcoin’s long-term value proposition. Historically, such behavior has preceded significant upward price movements, reinforcing the notion that the recent market cooling phase may set the stage for a potential breakout. Featured image Created With DALL-E, Chart from TradingView

"The market is an imperfect forward pricing mechanism." u/nanooverbtc Is BTC near it's top or will it keep climbing this year. It's an important question with lots of money on the line across all of crypto. If Bitcoin is at the top and only tumbles from here alts will see a bloodbath if Bitcoin has…
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Investors are boosting Bitcoin allocations as a hedge against geopolitical uncertainty, the bank said.

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The crypto market surged to record levels in 2024, driven by institutional adoption, resulting in a new all-time high for bitcoin. Historic Market Cap for Cryptocurrencies The cryptocurrency market reached a significant market cap of $3.91 trillion in December 2024. Bitcoin‘s recent all-time high of $108,364, institutional acceptance through key BTC acquisitions, and increasing regulatory […]

Litecoin (LTC) has lately been experiencing significant momentum as it emerges from a protracted downtrend, causing quite a stir. Analysts are beginning to anticipate a promising future for the cryptocurrency, with some predicting that it could reach as high as $400 in the near term. A Quick Look Litecoin (LTC) is gaining momentum, with analysts targeting $400 due to its breakout from a long downtrend A potential Litecoin ETF and strong market signals boost its bullish outlook Stable utility and broader crypto market trends make LTC a key coin to watch Related Reading: Dogecoin To Hit $1? Expert Calls It A Realistic Goal For 2025 – Here’s Why Breakout Signs And Market Shifts After months of stagnation, Litecoin’s recent success has given people hope. The coin has gained a lot of speed, which suggests that it might be about to rebound. Even though the market has been unstable, Litecoin has shown that it can handle it, which suggests that its value could go up. Litecoin $400 Goal: Possible? The price of LTC is expected to reach $400 within the next few months, according to experts. A number of things have led to this hopeful prediction. Litecoin’s technical signs first and foremost point to the fact that an uptrend could be in the pipeline. There is also talk that the soon-to-be-released Litecoin ETF could be a game-changer, bringing in institutional buyers and increasing demand. $Ltc #Ltc Finally Trend Reverend After Long Downtrend Formed Higher High After Breaking Multiyear Symmetrical Triangle Expecting Move Towards 400$ In Midterm https://t.co/dMid3sxJzJ pic.twitter.com/AVbVaYw48e — World Of Charts (@WorldOfCharts1) January 5, 2025 Expanded Crypto Market Trends Another very positive sign has been the overall vigor in the general crypto market. The last few surges in Bitcoin and Ethereum have left a cascading effect that had its benefits spread all across altcoins to Litecoin. A large population also believes that Litecoin’s value in payments, coupled with the great history it boasts, is an important factor in setting it apart from other coins. Many quarters regard it as a reliable resource for merchants as well as investors on account of stable utility despite wild fluctuations in the price. Though not everyone believes that $400 is achievable in the short term, the momentum LTC has and the growing interest in it seem to make it a realistic goal. However, caution is always the key. Related Reading: Galaxy Digital Reveals Bold Dogecoin Price Prediction For 2025 Investors Must Pay Close Attention This clearly indicates that Litecoin has found a spot on the investor’s radar. It is one of those coins that is definitely worth watching out for in the coming months due to its potential institutional support, a strong market presence, and optimistic technical signals. At the time of writing, LTC was trading at $112.80, up 1.8% and 11.3% in the daily and weekly chart. Featured image from Pexels, chart from TradingView