Bitcoin opened the week with a strong rally above $114,000, and these three developments could send BTC price back to its monthly range highs
Bitcoin’s swift rally to $114,000 shows bulls are back, but a CME gap near an underlying support could see a retest of $111,000 before Uptober really starts.
Bitcoin hit $114,000 at Monday’s Wall Street open, but a CME gap made traders cautious, instead expecting a BTC price correction to $110,000.
Bitcoin briefly surpassed $112,000 in a sign of recovery after a volatile week, prompting one analyst to say the cryptocurrency was still in an uptrend.
Cypherpunk Nick Szabo has posted on X after five years of silence, adding his views to a fierce debate between Bitcoin purists and maximalists.
Bitcoin will perform like Nvidia and record several major corrections on its path to new all-time highs, analyst Jordi Visser said.
Sound money forces governments and individuals to embrace fiscal discipline, while currency inflation encourages reckless spending.
Singapore and the UAE rank as the world’s most crypto-obsessed countries amid high ownership, search activity and rapid adoption growth.
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