Category: CPI

Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target

Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target

A potential decoupling scenario between Bitcoin (BTC) and the Nasdaq Composite can push BTC price to reach $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital. Bitcoin outperforms tech stocks Demeester depicted Bitcoin’s growing market valuation against the tech-heavy U.S. stock market index, highlighting its ability to break out every time after […]

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Bitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’

Bitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’

On-chain metrics detect strong “sophisticated passive buying” on spot exchanges and a rise in the movements of Bitcoin to whale wallets. 10781 Total views 38 Total shares “Sophisticated passive buying” on Bitcoin (BTC) spot exchanges coincides with the trend of BTC leaving exchanges to cold storage. Adjusted Bitcoin supply shock. Source: Willy Woo The price […]

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