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The Bitcoin Rainbow Chart projects that the asset could trade between $37,627 and $419,225 by October 31, 2025, depending on market sentiment and its position within historical growth bands. Notably, the Rainbow Chart is a long-term logarithmic growth model that visualizes Bitcoin’s (BTC) historical price performance through color-coded “sentiment bands.” With Bitcoin trading around $124,000, this places BTC within the chart’s “HODL” zone ranging between $111,040 and $145,283. This area suggests steady confidence among long-term holders without signaling excessive market exuberance. Bitcoin Rainbow chart. Source: BlockhainCenter According to the model, at the lower end, the “Basically a Fire Sale” and “BUY!” zones range from $37,627 to $66,483, signaling undervaluation opportunities based on historical patterns. The mid-range bands of “Accumulate,” “Still Cheap,” and “HODL”, span between $85,880 and $145,283, implying stability and moderate optimism. The up...

Bitcoin has now become more than just a typical cryptocurrency. The asset is now slowly emerging as a key financial player in the market, capable of transforming economies if embedded with care and attention. The token has now started to chart its own pathways, eyeing new price milestones in the process. Bitcoin has recently been displaying new patterns on its chart, signaling that a new price surge is imminent for the token. Also Read: XRP Could Give Higher Returns Than Bitcoin By 2030 Bitcoin Eyeing New Price Targets Already? Source: Watcher Guru Bitcoin had recently claimed the coveted $120K price mark. This development had ushered in a positive price momentum in the market. However, mass liquidations led the token to stabilize around $114K at press time, per CMC data, which is good enough for the token to build new pathways on. According to Mr. Anderson, a notable cryptocurrency expert, BTC’s chart is now showing a major cup and handle formation, generally predicting a bullish...

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There is a stark difference between the hopes for a strong cryptocurrency market and economic prosperity expected of Donald Trump’s re-entry into the White House and the turmoil that has been prevailing since the January 20 inauguration. Finbold’s Q1 2025 Cryptocurrency Market Report uncovered that the number of Bitcoin (BTC) millionaire addresses dropped by nearly 20% between the time Trump officially took over and March 31, the end of the first quarter. Specifically, on January 20, 2025, there were 176,364 addresses with more than $1 million worth of BTC, while the number collapsed to 141,627 by the time Q1 was over, as Finbold calculated using data from BitInfoCharts and via the Internet Archive . In total, 34,737 millionaire addresses disappeared in just over two months. The number of those wallets holding between $1 million and $9.99 million collapsed by exactly 30,000, and of those with more than $10 million by 4,737. Trump and crypto The difference...

Although the agency delayed the decision to either approve or reject seven BTC spot exchange-traded fund (ETF) proposals, experts in the market believe that Grayscale’s win could usher in the coveted era of regulated spot ETFs. advertisement Before that investors must prepare to stay profitable despite the dilapidated market structure. Trading at $25,992 on Monday, Bitcoin live price has a higher chance of closing the day above $26,000—a move likely to pave the way for another attempt at achieving gains above $30,000. What Will It Take For BTC Price To Climb Above $30k? After being briefly oversold in August, Bitcoin shows signs of a recovery taking shape this week. The Relative Strength Index (RSI) currently moving toward the mean line (0.00) reveals that buyers have the upper hand. A break above $26,000 is bound to call more buyers from the sidelines while encouraging traders to book long positions with targets at $28,000 and $30,000, respectively....

Currently lethargic, the crypto market cap is down 0.7% to $1.21 trillion, with Bitcoin accounting for the biggest share at $584 billion. The largest coin is down 0.6% to $30,085, while Ethereum is trading at $1,855, down 0.6% on the day. advertisement Spot ETF Proposals Fail to Spark Bitcoin Price Rally Bitcoin spot exchange-traded fund (ETF) applications have been the main discussion in the cryptosphere since June. Analysts believe that a spot BTC ETF is the only thing the market cares about, especially with Blackrock joining the race. However, analysts are divided over the impact of a spot Bitcoin ETF on the crypto industry. Some believe the product will pave the way for institutional investors to gain exposure to Bitcoin. The increased uptake of BTC could be the missing puzzle piece ahead of the much-awaited bull market, keeping in mind the four-year halving cycle in 2024. “So-called mainstream adoption will bring waves of new entrants to Bitcoin, an...