economyfinance

Standard Chartered Predicts Bitcoin Could Stay Above $100,000 Amid Positive Developments

TLDR Standard Chartered believes Bitcoin may never drop below $100,000 again. Improved U. S.-China trade talks have lifted Bitcoin’s price potential. Bitcoin’s gold ratio and ETF inflows signal positive market sentiment. A rate cut by the Fed could help Bitcoin maintain its value above $100K. Standard Chartered Bank has suggested that Bitcoin might not fall below [.] The post Standard Chartered Predicts Bitcoin Could Stay Above $100,000 Amid Positive Developments appeared first on CoinCentral.

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Bitcoin’s Halving Cycle Loses Ground as ETF Flows Take the Lead

TLDR Over $60B has flowed into Bitcoin spot ETFs, led by BlackRock’s IBIT. Exchange inflows hit record lows while Bitcoin reached all-time highs. Miner selling is now negligible compared to long-term holder activity. Bitcoin’s new bear market floor ranges between $75K and $80K in 2025. Bitcoin’s four-year halving cycle is no longer the main driver [.] The post Bitcoin’s Halving Cycle Loses Ground as ETF Flows Take the Lead appeared first on CoinCentral.

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John Bollinger says to ‘pay attention soon’ as big move could be imminent

Technical analyst John Bollinger identified potential W bottom patterns in Ether and Solana charts, suggesting a major move could follow. Renowned technical analyst John Bollinger has identified patterns in Ether and Solana charts that could suggest a big move ahead, especially if something similar happens with Bitcoin. John Bollinger has identified “potential ‘W’ bottoms” in Bollinger Bands, a volatility indicator that he invented, on Ether (ETH) and Solana (SOL) charts, but the pattern has yet to form on the Bitcoin (BTC) chart, he said. ETH and SOL appear to be setting up double bottoms while Bitcoin is still forming its base. A ‘W’ bottom in Bollinger Bands is a bullish reversal signal that indicates potential upward price movement. Read more.

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Florida Takes Second Shot at Bitcoin Reserve After First Bill Collapsed

TLDR Florida lawmaker Webster Barnaby filed HB 183, allowing the state to invest up to 10% of public funds in digital assets including Bitcoin, crypto ETFs, NFTs, and blockchain products The new bill expands beyond the Bitcoin-only focus of the failed HB 487 from June 2024 and adds stricter custody, documentation, and fiduciary standards If [.] The post Florida Takes Second Shot at Bitcoin Reserve After First Bill Collapsed appeared first on CoinCentral.