* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, June 10, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card – Business Wire

    Glass Lewis Urges Shareholders to Support All PENN Entertainment Director Nominees on the WHITE Proxy Card

    Cisco Partners with Monumental Sports & Entertainment to Power New D.C. Arena – Cisco Newsroom

    Cisco Teams Up with Monumental Sports & Entertainment to Revolutionize the New D.C. Arena Experience

    Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

    Exciting Updates from the Middle Eastern Entertainment Scene!

    Ceramic Dalmatian Entertainment is WLAF’s Business of the Week – WLAF

    Spotlight on Success: Ceramic Dalmatian Entertainment Shines as This Week’s Featured Business!

    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    SunHydrogen Unveils Large Hydrogen Reactor in Houston – Fuel Cells Works

    SunHydrogen Launches Groundbreaking Large-Scale Hydrogen Reactor in Houston

    Technology, Labor Rights, and Political Power in Kenya and Across Africa – Tech Policy Press

    How Technology is Shaping Labor Rights and Political Power Across Africa

    Reeves to Announce £86 Billion for Science and Technology in Spending Review – Bloomberg

    Reeves Set to Unveil Groundbreaking £86 Billion Investment in Science and Technology!

    Innovation at Scale: How P&G Transforms Business Through Technology – Procter & Gamble

    Revolutionizing Business: P&G’s Bold Journey into Technological Innovation

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card – Business Wire

    Glass Lewis Urges Shareholders to Support All PENN Entertainment Director Nominees on the WHITE Proxy Card

    Cisco Partners with Monumental Sports & Entertainment to Power New D.C. Arena – Cisco Newsroom

    Cisco Teams Up with Monumental Sports & Entertainment to Revolutionize the New D.C. Arena Experience

    Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

    Exciting Updates from the Middle Eastern Entertainment Scene!

    Ceramic Dalmatian Entertainment is WLAF’s Business of the Week – WLAF

    Spotlight on Success: Ceramic Dalmatian Entertainment Shines as This Week’s Featured Business!

    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    SunHydrogen Unveils Large Hydrogen Reactor in Houston – Fuel Cells Works

    SunHydrogen Launches Groundbreaking Large-Scale Hydrogen Reactor in Houston

    Technology, Labor Rights, and Political Power in Kenya and Across Africa – Tech Policy Press

    How Technology is Shaping Labor Rights and Political Power Across Africa

    Reeves to Announce £86 Billion for Science and Technology in Spending Review – Bloomberg

    Reeves Set to Unveil Groundbreaking £86 Billion Investment in Science and Technology!

    Innovation at Scale: How P&G Transforms Business Through Technology – Procter & Gamble

    Revolutionizing Business: P&G’s Bold Journey into Technological Innovation

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Drag racer survives frightening airborne crash at World Wide Technology Raceway – FOX 2

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Bitcoin Price Prediction: BTC to Hit $100,000 Mark by Q1 2024 – Should Investors Hold?

December 7, 2023
in Technology
Bitcoin Price Prediction: BTC to Hit $100,000 Mark by Q1 2024 – Should Investors Hold?
Share on FacebookShare on Twitter

Given the recent upward momentum in Bitcoin (BTC) price, analysts predict it might reach $100,000 by early 2024. That’s about 127% from its current value of $44,000. BTC hitting this level will generally trigger massive buying pressure for altcoins.

But what is really driving the optimism in the cryptocurrency market besides the upcoming Bitcoin halving?

Bitcoin Bounces Back – Eyes on 2024 ETF Approval 

According to some analysts, this recent pump in the market is due to people’s anticipation of an imminent Bitcoin ETF approval. Many market players think that a Bitcoin exchange-traded fund (ETF) might get a green light by early next year.

For instance, a popular crypto trader and analyst, Altcoin Daily, talked to its 1.4 million followers via X platform. The trader discussed what might occur in the Bitcoin market with the upcoming ETF.

Wall Street listed the first ever spot gold ETF in November of 2004, and the price never came back down again.

We may never see this #bitcoin price ever again once the BlackRock ETF (and others) is approved.

90% chance the spot ETFs all get approved January 5th-10th 2024… pic.twitter.com/3c6uBa3k3d

— Altcoin Daily (@AltcoinDailyio) December 4, 2023

Wall Street listed the first ever spot gold ETF in November of 2004, and the price never came back down again. We may never see this #bitcoin price ever again once the BlackRock ETF (and others) is approved.

Altcoin Daily also revealed that Bloomberg’s expert analysts stated that there’s a 90% chance the spot ETFs will get approved between January 5th-10th 2024. Meanwhile, if you look at the daily chart, you’ll discover that this pump started on October 16, 2023. 

A few days later, this coin increased from $28,000, breaking the $30,000 resistance level. That’s just about 7%. From November 1 to November 30, Bitcoin was trading within the $35,000 region.

But, by December 1, the coin resumed its upward trend, hitting a new milestone.

Significantly, on December 4, BTC reached $40,000, pushing altcoins as well. All this movement shows that the broader market is exhibiting bullish sentiment. Also, in the past month and seven days, CoinMarketCap shows BTC has recorded a growth of almost 30% and 15% within this time frame.

Moreover, in the past 24 hours, it has increased by more than 5%. Currently, Bitcoin has a trading volume of over $44 billion. This trading volume has increased by 50% in the last 24 hours.

Notably, its market cap is at $861 billion, suggesting that there’s still space for growth in the market.

Bitcoin Price Analysis: BTC Breaks 20-Month Level. Is $48,000 the Next Target?

Looking at the chart, BTC just smashed through a difficult 20-month resistance. Now, it’s even targeting a $48,000 region. And this level could be another strong zone. If Bitcoin can break through this, the crypto market will be flooded with new investors. 

Moreover, Bitcoin is riding high above the Simple Moving Average (SMA). This signals a bullish sentiment in the market. Note this, too: the stochastic RSI is doing well at 100.

This further confirms the bullish momentum in the Bitcoin market. In all, Bitcoin is giving joy to traders who bought the coin earlier this year.

And if it keeps going strong this way, more and more people might jump into the game. In addition, the value can even reach the $48,000 strong zone faster with this momentum.

But remember that the market sometimes doesn’t go as planned. So, apply a proper risk strategy before buying the asset.

Bitcoin Halving Around the Corner – Is $100,000 Still Possible?

The next Bitcoin halving is coming, and it’s expected to affect BTC’s price. This is due to how the previous halving event affected the market. Back in 2016, BTC price was trading at $650. Fast forward a bit after the halving, its price surged incredibly to $20,000. This happened in December 2017.

Now, the next halving is expected to take place by 2024. Experts are anticipating another surge in the price of Bitcoin. This is because the demand for the coin will increase significantly. Basic math shows that when there is low supply but high demand, prices always go up.

Moreover, the potential listing of ETFs will also play a role in the pumping. However, there’s this new project making headlines that investors might look into for more profit opportunities.

Bitcoin Top Alternative – Bitcoin ETF Token 

Bitcoin ETF Token is a new project in the market. This project is selling its native token through presale. This implies that investors can buy it now at a very low rate. Impressively, the project has gathered more than $2 million from this presale.

Recently, the token smart contract was audited by the popular CoinSult platform. This further attracted more people to buy the token. Moreover, its recognition in prominent crypto sites increased the trust investors have for the project.

In addition, big YouTuber Jacob Crypto Bury also predicted the coin would grow by 10x when it goes live. Currently, each BTCETF token is going for a price of $0.006. Again, this makes it the best opportunity for investors looking for tokens to buy at cheap prices.

What makes this token Special?

Visit Bitcoin ETF Token Presale

The staking feature is one of the things that makes this project unique from others. The project is giving those who stake their token nice rewards. That’s like receiving a bonus for not selling your token.

Notable, this will make the token scarce and difficult for people to buy.

If you stake your token, you can receive 119% extra every year. But know that this percentage can decrease as more people start to stake their tokens. With all this in mind, you can buy the token directly from its official site with USDT or ETH.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechReport – https://techreport.com/crypto-news/bitcoin-price-prediction-btc-to-hit-100000-mark-by-q1-2024-should-investors-hold/

Tags: BitcoinPricetechnology
Previous Post

Elon Musk’s AI Firm xAI Seeks $1 Billion in Funding

Next Post

European Union Deliberates on Future Landmark AI Rules

Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

June 10, 2025
Judge signs settlement; colleges to pay athletes – ESPN

Judge signs settlement; colleges to pay athletes – ESPN

June 10, 2025
Across China: Chinese island’s ocean-friendly changes deliver dual gains in ecology, economy – Xinhua

Across China: Chinese island’s ocean-friendly changes deliver dual gains in ecology, economy – Xinhua

June 10, 2025
How Trump’s ‘gold standard’ politicizes federal science – The Conversation

How Trump’s ‘gold standard’ politicizes federal science – The Conversation

June 10, 2025
Summer science camps for kids at Exploration Place – KSN-TV

Summer science camps for kids at Exploration Place – KSN-TV

June 10, 2025
Vivrelle raises $62 million Series C round – Fortune

Vivrelle raises $62 million Series C round – Fortune

June 10, 2025
After Copa América ‘disaster,’ FIFA is using Club World Cup to be ready for 2026 – ESPN

After Copa América Setback, FIFA Focuses on Club World Cup to Gear Up for 2026

June 10, 2025
Big 4: Drivers that will power India’s economy – The Economic Times

Big 4: Drivers that will power India’s economy – The Economic Times

June 10, 2025
Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card – Business Wire

Glass Lewis Urges Shareholders to Support All PENN Entertainment Director Nominees on the WHITE Proxy Card

June 10, 2025
Texas teens face mental health crisis as majority lack services – WOAI

Texas teens face mental health crisis as majority lack services – WOAI

June 10, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (679)
  • Economy (693)
  • Entertainment (21,598)
  • General (15,304)
  • Health (9,735)
  • Lifestyle (697)
  • News (22,149)
  • People (694)
  • Politics (700)
  • Science (15,912)
  • Sports (21,196)
  • Technology (15,680)
  • World (678)

Recent News

Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

June 10, 2025
Judge signs settlement; colleges to pay athletes – ESPN

Judge signs settlement; colleges to pay athletes – ESPN

June 10, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version