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Bitcoin is cheap while under $100,000, Adam Back says
Commenting on a recent X post published by the Bitwise CIO Matt Hougan about the world’s leading cryptocurrency, cypherpunk Back said that it is wise to buy Bitcoin now, while it is trading below $100,000. Back referred to that price range as “cheap.”
He also agreed with Hougan that after after $100,000, Bitcoin price will start rally harder. The Bitwise CEO explained the current Bitcoin price surge – it has happened because of the current state of the economy, which is poor: “Bitcoin is rallying because they broke the economy.”
Once the US government begins to “fix the economy”, Bitcoin will start rallying harder, he believes.
agreed. buy bitcoin while it's cheap, under $100k.
— Adam Back (@adam3us) April 23, 2025
Over the past 24 hours, Bitcoin spiked by 6.5%, rallying from $88,590 to the $94,355 level. By now, a small rebound has taken BTC down to $93,650.
Bitcoin to hit ATH this year, following gold: Tom Lee
Fundstrat’s Tom Lee visited CNBC’s Squawk Box show this week to talk about stocks, Bitcoin, and gold. Lee believes that Bitcoin is about to start rallying now that the deleveraging that it was facing earlier is over – financial institutions have sold all they could, including Bitcoin, to secure their investments.
This year, the gold price has been rallying hard and reached a new all-time high twice, the most recent one occurred this Monday, when gold hit $3,500 per troy ounce. Tom Lee said that he believes Bitcoin can start catching up to gold, which likely means it may reach a new all-time high.
He said there is a lot of room for Bitcoin to catch up with gold.
#BTC #Write2Earn #ClaimRewards $BTC
Commenting on a recent X post published by the Bitwise CIO Matt Hougan about the world’s leading cryptocurrency, cypherpunk Back said that it is wise to buy Bitcoin now, while it is trading below $100,000. Back referred to that price range as “cheap.”
He also agreed with Hougan that after after $100,000, Bitcoin price will start rally harder. The Bitwise CEO explained the current Bitcoin price surge – it has happened because of the current state of the economy, which is poor: “Bitcoin is rallying because they broke the economy.”
Once the US government begins to “fix the economy”, Bitcoin will start rallying harder, he believes.
agreed. buy bitcoin while it's cheap, under $100k.
— Adam Back (@adam3us) April 23, 2025
Over the past 24 hours, Bitcoin spiked by 6.5%, rallying from $88,590 to the $94,355 level. By now, a small rebound has taken BTC down to $93,650.
Bitcoin to hit ATH this year, following gold: Tom Lee
Fundstrat’s Tom Lee visited CNBC’s Squawk Box show this week to talk about stocks, Bitcoin, and gold. Lee believes that Bitcoin is about to start rallying now that the deleveraging that it was facing earlier is over – financial institutions have sold all they could, including Bitcoin, to secure their investments.
This year, the gold price has been rallying hard and reached a new all-time high twice, the most recent one occurred this Monday, when gold hit $3,500 per troy ounce. Tom Lee said that he believes Bitcoin can start catching up to gold, which likely means it may reach a new all-time high.
He said there is a lot of room for Bitcoin to catch up with gold.
#BTC #Write2Earn #ClaimRewards $BTC
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How can I best utilize my points on binance of I have 100 points in my rewards packet.
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That's a solid breakdown for mastering Binance Futures quickly! Here are a couple of advanced tips to take your strategy even further:
🚀 5. Use the Right Order Types
Limit Orders: Set precise entry and exit points. Avoid market orders in volatile conditions to reduce slippage.
Trailing Stop: Lock in profits as the price moves in your favor while protecting against sudden reversals.
📊 6. Keep an Eye on Funding Rates
High funding rates can signal overcrowded positions—potentially a reversal ahead. Monitor these on Binance Futures to stay ahead of the curve.
💡 Pro Tip: Always backtest your strategies on Binance Futures Testnet before going live to fine-tune your approach.
What’s your go-to indicator for spotting breakout moves? Let’s discuss and sharpen those trading skills!
That's a solid breakdown for mastering Binance Futures quickly! Here are a couple of advanced tips to take your strategy even further:
🚀 5. Use the Right Order Types
Limit Orders: Set precise entry and exit points. Avoid market orders in volatile conditions to reduce slippage.
Trailing Stop: Lock in profits as the price moves in your favor while protecting against sudden reversals.
📊 6. Keep an Eye on Funding Rates
High funding rates can signal overcrowded positions—potentially a reversal ahead. Monitor these on Binance Futures to stay ahead of the curve.
💡 Pro Tip: Always backtest your strategies on Binance Futures Testnet before going live to fine-tune your approach.
What’s your go-to indicator for spotting breakout moves? Let’s discuss and sharpen those trading skills!
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