Bitcoin Repeating 2024 Rally? Analysts Eye ‘Real Breakout’ To $120,000

Bitcoin shows volatility amid Trump-Musk feud, dropping to $100,000 before rebounding. Analysts compare current trends to 2024’s rally, predicting a potential breakout toward $120,000.
Widely Followed Analyst Outlines Bullish Path for Bitcoin, Says BTC Will Battle Gold and ‘Never Look Back’ – The Daily Hodl

Analyst Pentoshi predicts Bitcoin will surge against gold due to its limited supply and ease of use, while Ethereum may rise 30% soon amid positive regulatory signals.
Crypto Suffers $1 Billion Flush As Musk-Trump Feud Shakes Bitcoin
Bitcoin and cryptocurrencies faced $1 billion in liquidations amid volatility triggered by a public feud between Elon Musk and Donald Trump, with BTC down 2% and ETH 6%.
Here’s How The Crypto Market Performed in May, According to Binance Research

Binance Research reports a 10.3% crypto market cap growth in May, driven by BTC’s new ATH and ETF inflows. ETH rebounded 43.9%, while DeFi, meme coins, and AI tokens saw gains amid volatility.
Spot Ether ETFs 15-day inflow streak accumulates $837.5M inflows

US spot Ether ETFs have seen 15 straight days of inflows totaling $837.5M, potentially reaching $1B soon. Ether price rose 31% in 30 days as analysts predict further gains.
Bitcoin MVRV Ratio Forms Bear Cross—Brace For Impact?

Bitcoin’s MVRV Ratio has crossed below its 200-day SMA, signaling potential bearish trends. This indicator reflects investor profit-loss and may hint at future price movements amid BTC’s recent decline.
Wall Street floods into Bitcoin Futures as CME trader count hits all-time high

Institutional Bitcoin holdings reach record highs as CME Bitcoin Futures traders hit 217, a 36% rise since early 2024. Corporations like MicroStrategy and Trump Media increase BTC adoption amid economic uncertainty.
Wall Street Contrarian Jim Chanos Reveals Big Shorts, Says He’s Betting Against Stock That’s Up 7,961% in 30 Months – The Daily Hodl

Jim Chanos reveals his short bets, targeting companies like IBM and Carvana, which he believes will suffer due to AI advancements and business model vulnerabilities.
Michael Saylor’s Strategy Announces $979,700,000 Stock Offering in a Bid to Acquire More Bitcoin (BTC) – The Daily Hodl

Michael Saylor’s Strategy announces a $979.7 million stock offering to acquire more Bitcoin, increasing its holdings which currently total 580,955 BTC worth $60.5 billion.
Everything you need to know about the $3.8B in Bitcoin, Ethereum Options expiry

$3.8B in Bitcoin and Ethereum Options expired, revealing max pain points at $105k and $2.6k respectively. Traders showed optimism, but analysts expect gradual growth amid market volatility.