COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Investors Anticipate Bitcoin Price Movements as Altcoins Struggle
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Investors Anticipate Bitcoin Price Movements as Altcoins Struggle
Cryptocurrency News

Investors Anticipate Bitcoin Price Movements as Altcoins Struggle

In Brief

  • Bitcoin price peaks prompt calm anticipation among investors.

  • Whale accumulation boosts confidence in Dogecoin's potential rise.

  • Market dynamics suggest significant movements for Bitcoin and Ethereum.

İlayda Peker
İlayda Peker 2 years ago
Share
SHARE

Investors accustomed to Bitcoin’s consecutive price peaks are currently waiting calmly for future developments. The recent drop in BTC has negatively impacted altcoins, a typical occurrence even in bullish markets. Continuous upward trends are not inherent to cryptocurrencies, and sustained profits without psychological pressure are not logical.

Contents
Bitcoin and Bull MarketDogecoin and ETH

Bitcoin and Bull Market

Interest in Bitcoin $81,112 has significantly increased among U.S.-based companies, with Trump’s election victory serving as a major motivation. MicroStrategy, holding over 250,000 BTC alone, aims to continue purchasing over the next three years, indicating a reluctance to sell. Kyle pointed out the demand in his evaluation.

“Public companies are accumulating Bitcoin like never before; corporate reserves currently hold about 400,000 BTC!”

“Leading this is MicroStrategy, which possesses 252,000 BTC. Michael Saylor’s bold move lays the groundwork for Bitcoin to become a fundamental corporate asset. This is just the beginning!”

An analyst known as Z3usCrypto mentions that historical conditions are beginning to form for a 12-month bull market.

1StepSwap
Tokenized Stock
ETH ETH
SOL SOL
BSC BSC
Robinhood ROBINHOOD
PAY
USDT USDT
↓
RECEIVE
AAPL AAPL

“Breakout bands are a great tool for defining Bitcoin bull market phases. Typically, we see the first touch of the bands before halving, followed by a correction around the halving.

After halving, it re-enters the upper channel and stays there for 12 months, indicating the parabolic phase of the bull market. I believe there’s a lot of upward potential from here.”

Dogecoin and ETH

The rise of DOGE has currently stalled, with the meme coin king starting the day down 10% at $0.36. Ali Charts highlights the actual focus on whale accumulation despite fluctuations in the graph.

“Dogecoin $0.087614 whales purchased about $56 million worth of 140 million $DOGE in the last 24 hours!”

Continued interest from whales reflects confidence in further rises. However, Bitcoin prices must maintain closes above $90,000 to avoid losing momentum towards six-figure price targets. Additionally, Cowen reiterated his view that the ETHBTC pair would see a dip until the second week of January.

You Might Also Like

FinCEN identifies $12.7 billion in crypto scams linked to overseas groups

US diesel price hits record $5.62 per gallon, impacting crypto miners and inflation outlook

AIxCrypto Holdings exits crypto, sells BTC and ETH after 50% loss

XRP analyst Egrag Crypto projects Wave 5 targets above $6, with macro target over $17

OCC grants Revolut and OpenReserve initial approval to launch crypto banks in US

İlayda Peker 15 November, 2024 - 9:30 pm 15 November, 2024 - 9:30 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
Previous Article Goldman Sachs Increases Investments in Bitcoin ETFs
Next Article Representative French Hill Advocates for Community Banking and Cryptocurrency Access
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

PEPE surges 13%, targets $0.00000431 as whale activity and ETF speculation rise
PEPE
Rhysida group releases 1.4 million Berlin files after unpaid 30 BTC ransom
Bitcoin (BTC)
//

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
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Welcome Back!

Sign in to your account

Lost your password?