Why Bitcoin Has More Room to Run After Biggest 3-Day Gain Since 2023, According to Analysts

Crypto’s biggest rally since 2023: With Bitcoin price at a high, here’s what history, Ray Dalio, and Kalshi predict comes next

Crypto is having an extended three-day rally, and it looks a lot like what happened back in 2023, according to at least one analyst. Cryptocurrencies such as Bitcoin and Ethereum and crypto-related stocks are up today, starting the week on a high note, amid worries about the growing U.S. deficit and inflation, according to CNBC. That’s after last week’s rally had crypto prices soaring 20%, with Bitcoin up more than 21%, XRP surging over 46%, Eth…

Why bitcoin has more room to run after biggest 3-day gain since 2023, according to analysts

Bitcoin's outsized rebound last week could prove more than just a short-lived relief rally.

Bitcoin Nears $80,000 As Crypto Rally Gains Momentum

Bitcoin and major cryptocurrency stocks extended their gains Monday after the digital asset broke above a prolonged trading range. Bitcoin rose about 2% to just below $80,000, while Ether gained roughly 2% to around $2,500. The rally follows a more than 20% three-day surge, the strongest such advance since 2023. According to the report, lower bond yields after the Treasury increased purchases of longer-term government debt helped revive demand f…

Bitcoin Breaks 79,500 and Enters a Consolidation Phase After Breakout

Bitfire Research says Bitcoin has entered a high-level consolidation phase after its breakout, with resistance at $78,500 to $82,000 and support at $73,500 to $72,400.

Bitcoin rally has real fuel behind it

Bitcoin’s bulls are firmly back in control, and this rally has real fuel behind it rather than empty hope, says financial advisors deVere Group amid an impressive bounce. Bitcoin surged around 18% in 48 hours late last week to trade above $77 600, its first push back above the $70 000 mark since late May. The move followed the US Treasury’s decision to double the size of its long-term bond buybacks to $4-billion per session, targeting the 10-yea…

Why is Bitcoin price stuck below $80K after its explosive rally?

Bitcoin was trading around $77,000, holding last week’s explosive gains but below $80,000. The cryptocurrency surged more than 20% last week and reached roughly $79,500 on Friday, its highest level in about three months. The rally reflected Treasury bond buybacks, a weaker dollar, ETF demand, regulatory optimism and a historic short squeeze. But the market now faces a different test. The forced buying that powered the first leg is fading, leavin…