empty
26.03.2025 10:39 AM
Bitcoin hovering before spike above $90,000

While you're mulling over whether to buy Bitcoin or not, the world's largest asset management leader, BlackRock, is actively increasing its ETH holdings for its tokenized fund, BUIDL.

This move highlights the growing interest of institutional investors in cryptocurrency assets and their integration into traditional financial instruments. BUIDL likely provides investors with an opportunity to indirectly participate in the Ethereum ecosystem without directly owning ETH, which lowers entry barriers and simplifies the investment process.

This image is no longer relevant

BlackRock's increase in ETH holdings could positively impact the price of Ethereum by boosting demand and liquidity in the market. Furthermore, it serves as a signal to other institutional players, encouraging them to explore opportunities in digital assets and blockchain technology. By showing confidence in ETH, BlackRock is essentially legitimizing cryptocurrency as an asset class worthy of attention from large investors. BlackRock's future actions in this area will be closely monitored by the market. Also, since mid-March this year, the number of whale wallets holding between 10,000 and 100,000 ETH has increased by 30%, indicating that major players are actively building positions in this asset. At the same time, the number of BTC on Strategy's balance sheet has exceeded 500,000 BTC. The company currently holds 506,137 BTC at an average purchase price of $66,608, which represents 2.4% of the total BTC supply.

This concentration of Bitcoin in the hands of a single company raises both admiration and concerns. On one hand, it confirms Strategy's belief in the long-term potential of the cryptocurrency. On the other hand, a significant market share controlled by one player could affect the volatility and stability of BTC's price. Nevertheless, this situation reinforces the strong belief in this asset by major market players, which will likely have a positive impact on the price of the world's first cryptocurrency. As for crypto enthusiasts, in his recent essay, Arthur Hayes stated that Bitcoin could rise to $110,000 before retesting the $76,500 level.

The driver for this growth will be the fact that the Federal Reserve will almost finish its Quantitative Tightening (QT) by April 1 and may begin Quantitative Easing (QE) to stimulate the economy. The Fed's balance sheet tapering pulls liquidity out of the market, putting pressure on asset prices. The cessation of this process and the potential switch to QE could catalyze an upward movement for Bitcoin and the cryptocurrency market as a whole.

Importantly, Hayes' opinion certainly draws attention in the crypto community, but this is just one possible scenario. The cryptocurrency market is unpredictable and influenced by numerous factors beyond the Fed's monetary policy.

This image is no longer relevant

As for the technical picture of Bitcoin, buyers are currently targeting a return to the $88,700 level, which would open the path to $90,600, and from there, it's close to the $92,700 level. The furthest target will be the peak around $93,900, and overcoming this level would signal a return to a medium-term bullish market. In the event of a Bitcoin decline, buyers are expected at the $87,000 level. A return of the instrument below this area could quickly push BTC down to the $85,000 region, with the furthest target being $83,200.

This image is no longer relevant

Regarding Ethereum's technical picture, a clear consolidation above the $2,067 level opens the direct path to $2,100. The furthest target will be the yearly high around $2,143, and overcoming this level would signify a return to a medium-term bullish market. In the event of a drop, buyers are expected at the $2,032 level. A return below this area could quickly push ETH down to the $2,000 region, with the furthest target being $1,974.

Pilih carta masa
5
min
15
min
30
min
1
jam
4
jam
1
hari
1
minggu
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

Ethereum Jatuh. Bitcoin Kurang Terjejas

Walaupun pelancaran naik taraf ujian Pectra yang berjaya di ujian rangkaian baharu Hoodi—berkemungkinan langkah terakhir sebelum melancarkan kemas kini ke rangkaian utama Ethereum yang bertujuan untuk meningkatkan kebolehskalaan, pegangan

Jakub Novak 08:01 2025-03-28 UTC+2

Tip Dagangan untuk pasaran kripto pada 28 Mac

Bitcoin dan Ethereum sedang bergelut untuk terus bertahan. Usaha Bitcoin yang gagal sekali lagi untuk kekal di paras $88,000 menyebabkan ia dijual semasa sesi dagangan Asia hari ini. Ethereum mengalami

Miroslaw Bawulski 07:34 2025-03-28 UTC+2

Rang Undang-Undang Peraturan Kripto AS Bergerak Maju dengan Pantas

Penggubal undang-undang di AS sedang bergerak pantas untuk meluluskan undang-undang yang bertujuan mengawal selia aset digital. Pengundian bagi rang undang-undang stablecoin dan versi disemak semula bagi rang undang-undang struktur pasaran

Jakub Novak 10:52 2025-03-27 UTC+2

Analisis BTC/USD. 27 Mac. Bitcoin kekurangan potensi pertumbuhan

Struktur gelombang pada carta 4 jam BTC/USD adalah agak jelas. Selepas menyempurnakan aliran menaik yang terdiri daripada lima gelombang penuh, satu fasa pembetulan menurun telah bermula dan kini mengambil bentuk

Chin Zhao 08:31 2025-03-27 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 27 Mac

Bitcoin dan Ethereum menghadapi cabaran dalam mengekalkan momentum kenaikan mereka. Walau bagaimanapun, ini nampaknya lebih kepada reaksi terhadap kenyataan politik terkini Donald Trump—yang menyebabkan penurunan permintaan untuk aset berisiko—daripada sesuatu

Miroslaw Bawulski 08:06 2025-03-27 UTC+2

Analisis Teknikal Pergerakan Harga Intraday Matawang Kripto Ethereum, Khamis 27 Mac 2025.

Sekiranya dalam beberapa hari akan datang tiada pengukuhan ketara berlaku—terutamanya jika harga gagal menembusi dan ditutup di atas paras 2549.05 pada carta harian Ethereum—maka ini adalah petunjuk bahawa Ethereum akan

Arief Makmur 06:36 2025-03-27 UTC+2

Analisis Teknikal Pergerakan Harga Harian Matawang Kripto Filecoin, Khamis 27 Mac 2025.

Dengan berjaya menembusi garis bawah saluran Rising Wedge mata wang kripto Filecoin pada carta 4-jamnya dan pergerakan harganya kini tersekat di EMA (21) yang turut mempunyai cerun ke bawah, berdasarkan

Arief Makmur 06:36 2025-03-27 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 26 Mac

Bitcoin dan Ethereum terus menunjukkan pertumbuhan aktif tetapi berdepan cabaran dalam mengatasi paras rintangan utama. Semalam, Bitcoin mengalami penurunan selepas mencapai $88,400 dan kini didagangkan sekitar $87,600. Ethereum juga mengalami

Miroslaw Bawulski 08:22 2025-03-26 UTC+2

Mengapa Kejatuhan Bitcoin Masih Belum Berakhir

Walaupun pasaran mata wang kripto telah mencatatkan pertumbuhan baru-baru ini, prospek kenaikan yang lebih besar dan kemungkinan Bitcoin kembali ke paras $100,000 masih dianggap tidak realistik buat masa ini. Perkara

Jakub Novak 10:00 2025-03-25 UTC+2

Cadangan Dagangan untuk Pasaran Kripto pada 25 Mac

Bitcoin dan Ethereum telah mencapai tahap yang penting tetapi gagal mengekalkannya. Bitcoin naik ke $88,600 sebelum mengalami penarikan semula dan kini didagangkan sekitar $86,600. Ethereum juga mengalami pembetulan selepas satu

Miroslaw Bawulski 08:26 2025-03-25 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.