Ethereum has broken above a long-standing resistance level, flipping it into potential support. If the retest holds, the stage is set for a continuation toward higher targets, including the $3,600 high time frame resistance. Ethereum (ETH) has successfully breached a…

Ethereum price outlook: ETH breaks multi-month resistance with $3,600 in play

Bitmine Immersion has amassed over 163,000 ETH, bringing its ethereum holdings 
above $500 million, more than double the proceeds from its recent $250 million 
private placement. Bitmine’s Ethereum Treasury Strategy Surges Past $500 
Million Mark Bitmine Immersion (NYSE American: BMNR), a crypto infrastructure 
company focused on long-term digital asset accumulation, announced it now 
holds approximately […]

Bitmine Doubles Down on Ethereum With Over $500 Million in ETH

A crypto analyst who accurately predicted the Bitcoin (BTC) price surge to 
$120,000 months ago has returned with a bold new forecast that could redefine 
investors&#8217; expectations for the rest of the cycle. Using a detailed Elliott 
Wave structure and historical halving patterns, the expert outlines what could 
be Bitcoin’s final parabolic move, laying out a clear roadmap toward a new ATH 
target. Bitcoin Parabolic Phase Still Ahead Following Bitcoin’s explosive rise 
above $123,000 in a single day, crypto analyst XForceGlobal reaffirmed his 
earlier predictions and intensified his bullish outlook. He now asserts that 
Bitcoin is in the early stages of a much larger breakout, with the final and 
most parabolic phase of its rally yet to unfold. Related Reading: Bitcoin 
Price Trajectory To $155,000: Why No Major Dips Are Expected From Here The 
analyst Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected 
From Here a detailed chart showing that Bitcoin is now trading over $40,000 
above its Wave 2 bottom of the macro 5th. This indicates that the market could 
be transitioning into Wave 3 of a larger Elliott Wave impulse pattern. The 
chart also visually segments previous bull market runs into distinct macro 
phases, each unfolding after a halving cycle. Every phase began with a 
consolidation period, followed by exponential growth and eventual correction. 
Bitcoin’s price history is further marked by the halving events in 2012, 2016, 
2020, and 2024—all of which have consistently preceded major bullish rallies. 
The latest halving, which occurred in April 2024, is now expected to lead to 
an intermediate-term rally that may extend BTC’s price beyond $270,000 before 
entering another corrective phase. While XForceGlobal maintains a bullish 
long-term outlook for Bitcoin, he urges investors to be cautious and aware 
that the final wave may generate market euphoria before a significant decline 
sets in. His projected roadmap shows a steady bullish climb toward $272,832, 
followed by a potential retracement to around $41,646, marking a steep 85% 
crash from the top. During his analysis, the market expert highlighted the 
difference between smart and dumb money during this bullish phase of the 
cycle. He claimed that smart investors have already mapped out their exit 
strategies, understanding that success comes from early planning rather than 
spontaneous decisions. He also added that with the market yet to reach a 
climax, there’s still time to prepare an exit before red flags emerge. Analyst 
Predicts $155,000 As Bitcoin’s Next Stop In a follow-up X post, XForceGlobal 
forecasted Bitcoin’s next short-term price target at $155,000. This prediction 
comes as BTC recently rallied past $123,000 before undergoing a pullback, now 
trading slightly above $116,800. According to the analyst, Bitcoin remains 
firmly in an extended Wave 3, which traditionally represents the most 
impulsive and powerful phase of the Elliott Wave sequence. Related Reading: 
Bitcoin Price Break Above $118,000 Just The Start, Analyst Unveils ‘Golden 
Number’ XForceGlobal’s chart reveals that Bitcoin recently broke out from a 
complex WXYXZ correction structure, which served as the launchpad for the 
present rally. His projection suggests that BTC is now forming a five-wave 
structure targeting the $140,000-$155,000 range, with macro-level corrections 
expected along the way. Featured image from Pixabay, chart from 
Tradingview.com

This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast

Bitcoin ETF market cap nears $150B as July inflows top $4B and BTC hits $123K, 
driven by institutional demand and BlackRocks lead.
The post Bitcoin ETF inflows surpass $4B in July as institutional demand 
drives BTC higher appeared first on Crypto Briefing.

Bitcoin ETF inflows surpass $4B in July as institutional demand drives BTC higher

Redfin warns of crypto volatility as Fannie and Freddie study whether digital 
assets should count in mortgage risk assessments.
The post Redfin economist urges caution as government considers crypto-backed 
mortgage assessments appeared first on Crypto Briefing.

Redfin economist urges caution as government considers crypto-backed mortgage assessments

The financial giant Standard Chartered is set to enable institutional clients 
to directly trade bitcoin and ethereum on its existing platforms, with plans 
to introduce non-deliverable forwards for digital assets soon. Surging Demand, 
Shifting US Policy Drive Expansion Standard Chartered has announced it will 
enable institutional clients to directly trade bitcoin ( BTC) and ether […]