United

Bitcoin

<p>The crypto world is experiencing unprecedented excitement, and the United States is positioning itself as the main driver of this new wave of adoption. Bitcoin, in particular, is attracting the attention of American investors, signaling glorious days ahead for the crypto queen.</p> 
<h2 id="h-l-amerique-terre-promise-du-bitcoin">America, the Promised Land of Bitcoin</h2> 
<p>The Coinbase premium index shows a strong demand for Bitcoin in the United States, with a significant increase in the price gap between Coinbase and other platforms.&nbsp;</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1"> 
 </div> 
</div> 
<p>Bitcoin recently reached $60,557 after falling to $49,000, <a href="https://www.cointribune.com/en/bitcoin-up-6-the-market-is-regaining-momentum/" target="_blank" rel="noreferrer noopener">quickly rebounding by 6%</a>! This resilience demonstrates investors’ confidence in the digital asset.</p> 
<h2 id="h-bitcoin-vers-un-nouvel-ath">Bitcoin towards a new ATH?</h2> 
<p>Analyst Julio Moreno highlights the importance of the $45,000 threshold for Bitcoin. Staying above this level could allow <a href="https://www.cointribune.com/en/bitcoin-the-correction-completed-a-rally-towards-the-highs/" target="_blank" rel="noreferrer noopener">it to reach new heights</a>. Ki Young Ju shares this optimism and predicts a new record within a year, provided the price remains above $45,000.</p> 
<div class="affiliate-button"> <a class="affiliate-button__link" href="https://bitvavo.com/fr/affiliate/coinmedia?a=_cta" target="_blank" rel="noreferrer noopener">€20 bonus for registering on Bitvavo</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noreferrer noopener">This link uses an affiliate program.</a> 
</div> 
<p>He cautions, however, that a prolonged bearish scenario would make recovery more difficult. Long-term holders, having transferred more than 404,000 BTC (worth $23 billion) to long-term storage, show strong confidence in Bitcoin’s future.</p> 
<h2 id="h-entre-ours-et-taureaux-le-delicat-equilibre-du-marche-crypto">Between Bears and Bulls: The Delicate Balance of the Crypto Market</h2> 
<p>The crypto market is unpredictable. The bullish/bearish cycle indicator has signaled a bearish phase, a first since January 2023, often followed by declines. Ali Martinez notes that the current extreme fear could be a buying opportunity. Long-term holders, having added 184,500 BTC during the recent dips, share this view, often heralding recoveries.</p> 
<p>The American crypto market is brimming with enthusiasm. The growing demand for Bitcoin in the United States is driving its price to new heights. However, caution is still advised given the sector’s inherent volatility. Bitcoin’s future will depend on its ability to maintain crucial support levels while capitalizing on the enthusiasm of American investors, knowing <a href="https://www.cointribune.com/en/?p=717300" target="_blank" rel="noreferrer noopener">it currently outperforms the Nasdaq</a> after the harrowing events of Black Monday.</p>

The demand for Bitcoin in the USA is skyrocketing! New ATH in progress?

Table of Contents

Cointribune EN

Other articles published on Aug 11, 2024

XRP to Hit $33? Inside Japan's Plan to Make XRP a National Currency!

Tether Responds to $2.4 Billion Demand in Celsius's Lawsuit

Bitgo BiT Global Venture Established To Enhance The Custody Of $95 Billion WBTC

Binance Struggles with Access in Venezuela Amidst Political Tensions

VeBetterDAO’s Future: Sunny Lu Introduces Innovative Quadratic Voting System and Real-World Data ...

Analyzing the Yen-Driven Selloff That Sparked Recent Crypto Crash

Join our free newsletter for daily crypto updates!