By Marco Piccolo ARK Invest has significantly increased its bullish price target for Bitcoin, projecting a potential value of $2.4 million by 2030. The revised estimate, up 60% from its January 2024 outlook, stems from updated modeling that adjusts for active supply—excluding long-lost or long-held coins. This new bull case implies a 72% compound annual […]
Tag: ETF
By Marco Piccolo Bitcoin is once again flashing strong bullish signals—and this time, macro trends are leading the charge. As BTC trades at $93,600, having rebounded sharply from its early April low of $75,000, analysts are increasingly pointing to its tight correlation with the global M2 money supply as a sign of where it’s headed […]
By Dimitar Dzhondzhorov TL;DR Analysts and traders on X believe Ethereum could extend its recent gains, citing technical patterns and growing network activity as signs of an upcoming rally. Despite optimism, Ethereum’s rising RSI, positive exchange netflows, and weak ETF inflows hint at mounting short-term selling pressure and hesitation from investors. What Does the Future […]