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Bitcoin price is about to explode beyond $100,000, suggests on-chain metric – FXStreet
Bitcoin made a run for $50,000 this week but stalled at $48,000. The upswing was followed by a reversal, confirming new support at $44,000. Meanwhile,
- Bitcoin is likely to rally to levels above $100,000 if history repeats with the market cap-to-thermocap ratio.
- The Canadian securities regulator leads the way by approving the first North American BTC ETF product.
- SEC Commission’s Hester Peirce says that the market is ready for a Bitcoin ETF product.
- India to go ahead with the proposed ban on cryptocurrencies but to allow investors a transition period.
Bitcoin made a run for $50,000 this week but stalled at $48,000. The upswing was followed by a reversal,…
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