Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis.
Bitcoin (BTC) and Ethereum (ETH) Rally Further – Where to Next?
While ETF demand remains the prominent driver of Bitcoin activity, the markets continue to price in next month's BTC halving event where mining rewards will be slashed by 50%. The ongoing demand-new supply mismatch (demand outstripping supply) continues to underpin the move higher. Any short-term sell-off, normally attributed to leveraged longs bailing, is normally bought back on the same day, highlighting and reinforcing the strength of the recent move higher. While demand for spot Bitcoin ETFs may weaken, the supply-side dynamic will keep BTC moving higher over the weeks ahead.
Bitcoin (BTC) and Ethereum (ETH) Rally Further – Where to Next?
While ETF demand remains the prominent driver of Bitcoin activity, the markets continue to price in next month's BTC halving event where mining rewards will be slashed by 50%. The ongoing demand-new supply mismatch (demand outstripping supply) continues to underpin the move higher. Any short-term sell-off, normally attributed to leveraged longs bailing, is normally bought back on the same day, highlighting and reinforcing the strength of the recent move higher. While demand for spot Bitcoin ETFs may weaken, the supply-side dynamic will keep BTC moving higher over the weeks ahead.