COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin Surpasses $108,000 and Eyes New Heights
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Bitcoin Surpasses $108,000 and Eyes New Heights
Bitcoin (BTC)

Bitcoin Surpasses $108,000 and Eyes New Heights

In Brief

  • Bitcoin surpasses $108,000 and eyes $110,000 as a target.

  • Traders should be cautious of potential declines after rapid gains.

  • Ethereum is still seeking a new peak above $4,000.

Fatih Uçar
Fatih Uçar 6 months ago
Share
SHARE

The leading cryptocurrency continues to push its peaks upward, now exceeding $108,000. Experts have discussed the possibility of reaching a target of $110,000 before the year ends, but given the ongoing rise, even higher levels seem attainable.

Bitcoin (BTC)

Bitcoin $104,910‘s price is surging quickly ahead of the upcoming Fed interest rate announcement. At the time of writing, the price has surpassed $108,250 and continues to climb, targeting $110,000. However, it is essential for traders to remember that such rapid increases can lead to significant liquidity hunts and subsequent declines.

Bulls have demonstrated their belief in higher peaks by maintaining support at $104,000 following resistance at $102,500. Although QCP does not anticipate significant gains by the year’s end, the current outlook indicates the potential for a new cycle peak between $110,000 and $120,000.

In the last 24 hours, $159 million in short positions were liquidated, bringing total liquidations to $314 million. Ethereum (ETH) $2,488 has yet to embark on a new peak above $4,000 that would inspire altcoin optimism. Open positions in futures increased by 3%, while spot market volume rose 15%, surpassing $200 billion.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Metaplanet Increases Bitcoin Holdings in Bold Crypto Strategy

Bitcoin Dips Set the Stage for a Massive Surge

Bitcoin’s Potential Surge Ignites Market Interest

Meta Platforms Decides Against Bitcoin Reserves in Shareholders’ Meeting

Expert Predicts Bitcoin’s Potential Paths: Expect Surprises

Fatih Uçar 17 December, 2024 - 6:44 pm 17 December, 2024 - 6:44 pm
Share This Article
Facebook Twitter
Share
Previous Article Bybit Ends Digital Asset Services in France
Next Article PENGU Airdrop Delivers Significant Gains to Users
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Dive into the Dynamics of Pi Network’s Exciting Market Moves
Altcoin News
AI-Powered Altcoins Dominate as the Bull Run Approaches
Altcoin News
Binance Lists New Trading Pair with TRY Support for Cryptocurrency Traders
Binance
Jerome Powell’s Resignation Rumors Shake Markets
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?