Bitcoin to $140K by July, victory for Coinbase, and Genesis buys $2.1B of BTC episode artwork

EPISODE · Apr 8, 2024 · 11 MIN

Bitcoin to $140K by July, victory for Coinbase, and Genesis buys $2.1B of BTC

from Rise’n’Crypto · host Сointelegraph

This weekend was “not typical,” according to one analyst, as they, and many others, weigh in on what it might mean. Some are looking at the unlikeliness of a major correction, while others are using Bollinger Band signals to suggest that if we follow past trends, we could see a price tag north of $140,000 by July. Surely not, right? Elsewhere, Coinbase has a major win in court regarding secondary crypto sales not being considered securities, Genesis buys $2.1 billion of BTC, and the Fantom CEO defends Solana over heavy criticism about failed transactions.Further reading:Bitcoin bulls nudge at $70K as BTC price sees 'not typical' weekendBitcoin ‘pretty unlikely’ to revisit $50K price level, says analystBitcoin Bollinger Band signal suggests BTC could double by JulyCoinbase cleared in lawsuit over crypto transactionsGenesis purchases $2.1B of Bitcoin following GBTC sell-offParaguay’s proposed Bitcoin mining ban could cost it $200M a yearFantom CEO defends Solana amid network woesSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned. 

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This weekend was “not typical,” according to one analyst, as they, and many others, weigh in on what it might mean. Some are looking at the unlikeliness of a major correction, while others are using Bollinger Band signals to suggest that if we follow past trends, we could see a price tag north of $140,000 by July. Surely not, right? Elsewhere, Coinbase has a major win in court regarding secondary crypto sales not being considered securities, Genesis buys $2.1 billion of BTC, and the Fantom CE...

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Bitcoin to $140K by July, victory for Coinbase, and Genesis buys $2.1B of BTC

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