NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin’s ‘Next Leg Higher Has Started,’ Says Analyst: Reveals $100,000 Target On The Horizon

Samuel Edyme
Samuel Edyme
1 year ago
3 mins read
Bitcoin (BTC)

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Jelle, a well-regarded crypto analyst, recently shared via the latest post on X that Bitcoin is on the verge of a significant upward movement, potentially reaching the $100,000 mark much sooner than many have anticipated.

This optimistic prediction comes when Bitcoin has shown considerable resilience, bouncing back from various challenges and solidifying its position as a leading digital asset.

Related Reading

Bitcoin

Analyst Warns Of Bitcoin Pre-Halving Retrace Echoing Troubling 2020 Trend

1 year ago

The Bitcoin Path To $100,000

Jelle’s assertion that Bitcoin is gearing up for a significant price rally to $100,000 is supported by recent market movements and the strategic positioning of investors within the ecosystem.

The analyst’s confidence is rooted in observing Bitcoin’s market behavior, including establishing a new higher low and a push toward previous highs.

Such patterns have historically preceded substantial gains for Bitcoin, making the $100,000 target seem increasingly attainable.

The new higher low has locked in, and #Bitcoin is pushing back towards the highs.

The next leg higher has started.

$100,000 is a matter of time, imo. https://t.co/EA1TvcUlN5 pic.twitter.com/qt55a0Uy7f

— Jelle (@CryptoJelleNL) March 26, 2024

This forecast is further bolstered by the market’s reaction to Bitcoin’s recent performance. Despite some volatility, the cryptocurrency has managed to reclaim and maintain a price point above $69,000.

Mysterious Movements And Market Signals

Adding to the intrigue surrounding Bitcoin’s potential surge is a mysterious on-chain activity involving one of the cryptocurrency’s dormant addresses. This address, the fifth richest Bitcoin wallet, suddenly sprang to life after years of inactivity, moving roughly $6 billion worth of Bitcoin.

The transaction, executed over the weekend, divided the sum into smaller amounts distributed across new wallets.

The 5th richest Bitcoin address just moved over $6 BILLION in BTC to three new addresses.

37X moved almost its ENTIRE BALANCE of 94.5K BTC ($6.05B) in the early hours of Saturday 23rd March, leaving only 1.4 BTC in the address.

The 94.5K BTC had not been moved since 37X… pic.twitter.com/mAjpg0oqnD

— Arkham (@ArkhamIntel) March 25, 2024

This activity has raised eyebrows within the crypto community, as large BTC wallets are typically linked to exchanges. Still, the lack of exchange-related activity and interactions with this particular wallet has led to speculation about its ownership and purpose.

Related Reading

Bitcoin price

Bitcoin Price Surges Past $71,000: 4 Key Reasons Behind The Rally

1 year ago

However, BTC’s ability to sustain its price above $69,000 in the days following this activity indicates that whoever is responsible for this mysterious activity might not have made any sell move.

Bitcoin (BTC) price chart on TradingView
BTC price is moving sideways on the 4-hour chart. Source: BTC/USD on TradingView.com

Meanwhile, Analyst Rekt Capital has recently drawn parallels between the current market conditions and the pre-halving phase of 2020, suggesting that Bitcoin may be poised for a similar growth trajectory as witnessed in previous cycles.

Featured image from Unsplash, Chart from TradingView

Tweet123Share196ShareSend
Samuel Edyme
Samuel Edyme

Samuel Edyme

Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.

Read more

Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.

Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.

When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)

Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.

In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.

Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think's probably unfeasible, I've done already a hundredfold.”

PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Crypto Funds Hit With Record Outflows, But Altcoin Buyers Smell Opportunity

Crypto Funds Hit With Record Outflows, But Altcoin Buyers Smell Opportunity

Crypto asset investment products experienced another challenging week as capital outflows continued for a second consecutive period. According to the...

Samuel Edyme 3 hours ago
Ethereum

Record‑High Ethereum Open Interest Signals Institutional Confidence

Ethereum (ETH) grabbed fresh attention on June 16 as futures open interest climbed to a yearly high of $36.56 billion. Prices bounced...

Christian Encila 4 hours ago
Bitcoin Price Struggles

Bitcoin Price Struggles for Momentum Amid Rising Global Conflict Fears

Bitcoin price started a fresh increase and tested the $108,800 zone. BTC is struggling to rise further and is correcting...

Aayush Jindal 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Stablecoins & Bitcoin

Stablecoin Exchange Inflows Plummet $61 Billion—Warning Sign for Bitcoin?

Keshav Verma 10 minutes ago

加密富翁押中Hyperliquid獲利5億美元 鏈上追蹤領幣前最後1周重金押注Solaxy

Kelvin Lee 1 hour ago
ETH, ether, Ethereum

Ethereum Eyes Big Move As Price Compresses Between Key Levels – $2,100 Or $4,000 Next?

Rubmar Garcia 1 hour ago

Premium Sponsors

Top Brands

Press Releases

  • Start a Bitcoin Miner with Kraken and Earn $7,715 a Day

    6 hours ago
  • Solaxy

    Solaxy ICO bước vào giờ chót khi cá voi tiếp...

    9 hours ago
  • Krypto býčí trh je tu top 3 altcoiny na kúpu a držanie

    Đợt tăng giá crypto đã bắt đầu: những alt...

    9 hours ago
  • Bitcoin koers beweegt steeds vaker mee met aandelen - blijvend of tijdelijke trend?

    Bitcoin vượt mặt Amazon, Tesla và Meta – Nhưng...

    9 hours ago
  • Wietnam zalegalizował kryptowaluty, a Saylor doradza Pakistanowi w sprawach blockchain: Najlepsze altcoiny do inwestowania

    Wietnam zalegalizował kryptowaluty, a Saylor doradza...

    10 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.