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Analyst Predicts Bitcoin Could Spike to $36,000 Amid Improved Investor Sentiment and Spot ETF Applications

July 4 (Cointime) - Bitcoin's price has reached a year high due to improved investor sentiment and a surge of spot ETF applications by top US-based asset managers. Analyst Katie Stockton predicts that Bitcoin's price could spike to $36,000, citing Bitcoin's recent breakout and a decline in the volatility index as signals for potential rallies.

BitBoy Crypto Analyst Predicts Bitcoin Could Surge to $140,000 Amid Growing Institutional Interest

July 4 (Cointime) - BitBoy Crypto, a well-known crypto analysis channel, has made a bullish prediction for Bitcoin, suggesting that it could potentially reach $140,000. The channel's analyst, AJ, believes that Bitcoin's distinct position as a non-security digital asset and its pioneering status in the market will help it consolidate its share of the crypto market in the coming years.

Major Investors Make Substantial Investments in Ethereum and Bitcoin Options Contracts, Sparking Optimism for Second Half of Year

July 4 (Cointime) - Major investors, known as "whales," have made significant investments in options contracts for Ethereum and Bitcoin, leading to abnormal activity in the crypto space.

Whales and Sharks Accumulate Over $4.7 Billion Worth of Bitcoin in Seven Weeks

July 4 (Cointime) - According to crypto analytics firm Santiment, large Bitcoin holders, known as whale and shark addresses, have been accumulating BTC at a higher rate than usual over the past seven weeks.

Bitcoin Dominates Institutional Investor Focus With $310.6M Inflows Over Past Two Weeks

July 4 (Cointime) - According to CoinShares, institutional investors have been primarily focused on Bitcoin over the past two weeks, with $310.6 million of inflows into Bitcoin-related products. This represents 98% of all digital asset flows, and is a reversal from the previous nine weeks of outflows.

Bitcoin Distribution Platform Luminex Introduces a New Ordinal Collectible Standard BRC-69

July 4 (Cointime) -Bitcoin Ordinals Launchpad platform Luminex has announced the launch of a new ordinal collection standard: BRC-69, which can can reduce the costs of inscriptions for Ordinals collections by over 90% and launch collections with an entirely on-chain pre-reveal process.

Economist Alex Krüger Says Bitcoin (BTC) on the Edge of a Breakout With Room To Run – Here’s His Target

July 4 (Cointime) - According to economist and crypto analyst Alex Krüger, Bitcoin could experience strong rallies in the near future. Krüger highlights the significance of the BlackRock spot BTC exchange-traded fund (ETF) application and notes that Bitcoin has a liquidity air pocket between $31,000 and $37,000.

Bitcoin Reaches Highest Price in Over a Year As BlackRock Resubmits ETF Application

July 4 (Cointime) - Bitcoin reached its highest price in over a year on Monday, with a 2.4% increase to $31,250. BlackRock's resubmission of its application for a Bitcoin ETF caused its shares to surge. Despite crises in the past year, Bitcoin's price has risen by 62%.

Bitcoin Transfer Volume Remains Significantly Lower Than 2021 Bull Run Levels

July 4 (Cointime) - According to Glassnode, Bitcoin transfer volume has increased to $4.56 billion recently, but is still significantly lower than the 2021 all-time high. The entity-adjusted transfer volume has been going up recently, which is a positive sign for the sustainability of the current rally. However, the current transfer volume is still 65% lower than the norm during the 2021 bull market. Bitcoin is currently trading around $30,600, up 1% in the last week.

Top Analyst Predicts Bitcoin Could Surge to $36,000 Despite Modest Increase

July 4 (Cointime) - Katie Stockton, founder and managing partner of Fairlead Strategies, predicts that Bitcoin could reach $36,000 despite only a 0.7% increase in the past week. Stockton attributes this potential rise to a recent base breakout on Bitcoin and a decline in the volatility index.