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Cryptocurrency News Articles
Bitcoin (BTC) Price Outperformance Is Next, Creator of Cubic Analytics Predicts
Nov 16, 2024 at 07:01 pm
Bitcoin (BTC) has not matched all-time highs against the S&P 500, gold and others — but doing so is “a matter of if, not when.”
Bitcoin (BTC) has not yet matched all-time highs against the S&P 500, gold and others — but doing so is “a matter of if, not when.”
In a post on X on Nov. 15, Caleb Franzen, creator of financial research resource Cubic Analytics, predicted BTC price outperformance next.
Bitcoin macro breakout not yet reality
Bitcoin may have tapped $93,500 and gained nearly 50% in Q4, but against many macro assets, the BTC price breakout has yet to happen.
Franzen notes that the S&P 500 and Nasdaq 100 indexes remain unbeaten by Bitcoin — something also true of the NYSE FANG+ tech stock index and gold.
“Just a matter of when, not if,” he predicted.
BTC vs. S&P500, gold. Source: Caleb Franzen/X
For US stocks, the key moment in Bitcoin’s history was early 2021, even before BTC/USD set all-time highs of $69,000, which remained in place for over two years.
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- Solidion Technology Follows MicroStrategy's Playbook, Allocates Bitcoin to Corporate Treasury
- Nov 17, 2024 at 02:25 am
- Solidion Technology, Inc. (NASDAQ: STI), a leading provider of advanced battery materials, has announced a significant strategic allocation of Bitcoin within its corporate treasury.
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- Agent 301: A Tap-to-Earn Telegram Game That Rewards Users for Their Messaging Activity
- Nov 17, 2024 at 02:25 am
- AGNT is the native token of Agent 301, a Telegram mini-app that rewards users for their messaging activity. By tracking the number of messages sent, users earn Agent Points (AP), which can be converted into AGNT tokens.
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- Next Cryptocurrency To Explode: FreeDum Fighters, MANTRA (OM), Stellar (XLM), Goatseus Maximus (GOAT), Vechain (VET)
- Nov 17, 2024 at 02:25 am
- The cryptocurrency market experiences changes and developments that shape investment choices every day. Last month, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things are already starting to look up for many investors.
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