* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, May 29, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Cassie Ventura welcomes third child – crossroadstoday.com

    Cassie Ventura Joyfully Welcomes Her Third Child!

    Drew Brees opens Surge Entertainment Center in Metairie hot spot for new businesses – NOLA.com

    Drew Brees Unveils Exciting New Surge Entertainment Center in Metairie!

    Will Gio Stay Or Go On May 27 General Hospital? – Yahoo

    Will Gio Make a Shocking Exit on May 27th’s General Hospital

    First look: Disney shows star villains, Little Mermaid, tech – Yahoo

    Unveiling Disney’s Dark Side: A Sneak Peek at Iconic Villains, The Little Mermaid, and Cutting-Edge Technology!

    Fans Call Out Disney For Cutting Favorite ‘Lilo & Stitch’ Character: ‘It Makes Me Want to Cry’ – Yahoo

    Disney Fans Heartbroken Over the Cut of Beloved ‘Lilo & Stitch’ Character: ‘It Makes Me Want to Cry

    Oh My Girl’s sister group USPEER from WM Entertainment introduces individual members with high-energy clips for ‘Speed Zone’ debut – allkpop

    Get Ready to Meet USPEER: Oh My Girl’s Sister Group Unveils Dynamic Members in ‘Speed Zone’ Debut Clips!

  • 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
    Q1 2025 Quantum Technology Investment: What’s Driving the Surge in Quantum Investment? – The Quantum Insider

    Unleashing the Future: Exploring the Surge in Quantum Technology Investments for Q1 2025

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    Technology Driving Performance: How Elite MA Plans Leverage Data, Care Coordination, and Advanced Analytics to Thrive Amid CMS’s Rigorous 2025 Standards, Black Book – Newswire.com

    Unlocking Success: How Top MA Plans Harness Data and Analytics to Excel Under CMS’s 2025 Standards

    Arqit acquires Ampliphae’s technology IP, enhancing its global encryption portfolio – GlobeNewswire

    Arqit Boosts Global Encryption Portfolio with Strategic Acquisition of Ampliphae’s Technology IP

    Searenergy partners with Tethys Robotics on subsea inspection technology – Windtech International

    Searenergy partners with Tethys Robotics on subsea inspection technology – Windtech International

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Cassie Ventura welcomes third child – crossroadstoday.com

    Cassie Ventura Joyfully Welcomes Her Third Child!

    Drew Brees opens Surge Entertainment Center in Metairie hot spot for new businesses – NOLA.com

    Drew Brees Unveils Exciting New Surge Entertainment Center in Metairie!

    Will Gio Stay Or Go On May 27 General Hospital? – Yahoo

    Will Gio Make a Shocking Exit on May 27th’s General Hospital

    First look: Disney shows star villains, Little Mermaid, tech – Yahoo

    Unveiling Disney’s Dark Side: A Sneak Peek at Iconic Villains, The Little Mermaid, and Cutting-Edge Technology!

    Fans Call Out Disney For Cutting Favorite ‘Lilo & Stitch’ Character: ‘It Makes Me Want to Cry’ – Yahoo

    Disney Fans Heartbroken Over the Cut of Beloved ‘Lilo & Stitch’ Character: ‘It Makes Me Want to Cry

    Oh My Girl’s sister group USPEER from WM Entertainment introduces individual members with high-energy clips for ‘Speed Zone’ debut – allkpop

    Get Ready to Meet USPEER: Oh My Girl’s Sister Group Unveils Dynamic Members in ‘Speed Zone’ Debut Clips!

  • 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
    Q1 2025 Quantum Technology Investment: What’s Driving the Surge in Quantum Investment? – The Quantum Insider

    Unleashing the Future: Exploring the Surge in Quantum Technology Investments for Q1 2025

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MIT Team Releases Tempting Report on Electric Aircraft Technology – AVweb

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    MSE, DXC Technology expand tech partnership – Sports Business Journal

    Technology Driving Performance: How Elite MA Plans Leverage Data, Care Coordination, and Advanced Analytics to Thrive Amid CMS’s Rigorous 2025 Standards, Black Book – Newswire.com

    Unlocking Success: How Top MA Plans Harness Data and Analytics to Excel Under CMS’s 2025 Standards

    Arqit acquires Ampliphae’s technology IP, enhancing its global encryption portfolio – GlobeNewswire

    Arqit Boosts Global Encryption Portfolio with Strategic Acquisition of Ampliphae’s Technology IP

    Searenergy partners with Tethys Robotics on subsea inspection technology – Windtech International

    Searenergy partners with Tethys Robotics on subsea inspection technology – Windtech International

    Trending Tags

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

Why Bitcoin (BTC) Price Surged $47K? Is $50K Next Stop?

January 9, 2024
in General
Why Bitcoin (BTC) Price Surged $47K? Is $50K Next Stop?
Share on FacebookShare on Twitter

The cryptocurrency market, valued at $1.67 trillion on Monday, experienced a nearly 1% increase within 24 hours. This growth coincides with rising expectations surrounding the approval of several spot Bitcoin ETFs by the SEC, fueling a positive market sentiment.

Bitcoin’s Remarkable Rally and Technical Analysis

Bitcoin’s surge to over $47,000 marks a significant milestone not witnessed since April 2022. This surge aligns with the market’s anticipation of potential ETF advancements. Technical indicators, specifically the 25-day and 50-day Exponential Moving Averages (EMAs), highlight key support levels at $43,130 and $41,391. These levels signal a bullish trend, providing a foundation for Bitcoin’s upward trajectory.

Bitcoin’s current consolidation post a recent drop, along with uncertain Doji candles, hints at a potential rally towards $50K. The increased interest from major investors before the ETF decision adds weight to the chance of a breakout. If strong demand and FOMO drive momentum, Bitcoin could hit $50,000 by January 2024. Yet, without a breakout, a retest at $42,000 might occur if buyer support diminishes.

Speculation and Price Projections Around ETF Approval

The imminent SEC decision regarding Bitcoin ETFs has sparked diverse predictions within the crypto community. Arthur Hayes, a prominent figure, anticipates a potential surge in Bitcoin’s value, projecting it could reach $70,000 post-approval. However, Hayes also warns of a subsequent correction ranging from 20% to 40%. Additionally, CryptoQuant raises the prospect of a ‘sell-the-news’ scenario where the market reacts negatively despite the ETF approval.

Photo of Zameer Attar

Zameer Attar

Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/price-analysis/why-bitcoin-btc-price-surged-47k-is-50k-next-stop/

Previous Post

XRP Price Eyes Major Breakout To $1 : Ripple Prepares for Potential Moonshot

Next Post

Miracle Box: Bringing a New Twist to Casino Games on Pokemon Mystery Boxes

Q1 2025 Quantum Technology Investment: What’s Driving the Surge in Quantum Investment? – The Quantum Insider

Unleashing the Future: Exploring the Surge in Quantum Technology Investments for Q1 2025

May 29, 2025
Mizzou javelin thrower Saldutto advances to NCAA Outdoor Championships – Columbia Missourian

Mizzou Javelin Star Saldutto Soars to NCAA Outdoor Championships!

May 29, 2025
Mote releases record number of juvenile snook in Sarasota County waters – Sarasota Herald-Tribune

Record-Breaking Release: Thousands of Juvenile Snook Thrive in Sarasota County Waters!

May 29, 2025
Ozark Regional Library Presents Spin, Pop, Boom with Mad Science STL – Daily Journal Online

Get Ready for a Spectacular Science Show: Spin, Pop, Boom with Mad Science STL at Ozark Regional Library!

May 29, 2025
Scientists develop gene delivery ‘trucks’ that could treat brain diseases – The Washington Post

Revolutionary Gene Delivery ‘Trucks’ Pave the Way for Treating Brain Diseases!

May 29, 2025
Find the perfect Medicare coverage for your lifestyle with Medicare Jeff – WFRV Local 5

Discover Your Ideal Medicare Coverage Tailored to Your Lifestyle with Medicare Jeff!

May 29, 2025
How did the Oregon softball team make the Women’s College World Series? – The Register-Guard

How did the Oregon softball team make the Women’s College World Series? – The Register-Guard

May 29, 2025
As Trump reignites a trade war and faces a bond market revolt, the economy is about to go through the wringer this week – CNN

Trump’s Trade War and Bond Market Turmoil: Brace for an Economic Rollercoaster This Week!

May 29, 2025
Cassie Ventura welcomes third child – crossroadstoday.com

Cassie Ventura Joyfully Welcomes Her Third Child!

May 29, 2025
Students Collaborate with Toronto on Mental Health Response – Northeastern Global News

Empowering Minds: Toronto and Students Unite for Enhanced Mental Health Solutions

May 29, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
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 (648)
  • Economy (661)
  • Entertainment (21,568)
  • General (15,247)
  • Health (9,703)
  • Lifestyle (664)
  • News (22,149)
  • People (663)
  • Politics (669)
  • Science (15,883)
  • Sports (21,168)
  • Technology (15,650)
  • World (649)

Recent News

Q1 2025 Quantum Technology Investment: What’s Driving the Surge in Quantum Investment? – The Quantum Insider

Unleashing the Future: Exploring the Surge in Quantum Technology Investments for Q1 2025

May 29, 2025
Mizzou javelin thrower Saldutto advances to NCAA Outdoor Championships – Columbia Missourian

Mizzou Javelin Star Saldutto Soars to NCAA Outdoor Championships!

May 29, 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