On November 27, SpaceX moved 1.1K BTC (approximately $105M) to a new wallet. Transferred to Coinbase Prime, the move may indicate a custody strategy for the company, which is the fourth-largest private company with a Bitcoin treasury.
At the same time, Bitcoin’s stabilization above $90K sparked hopes of a bullish Bitcoin price prediction. While further recovery is likely, some analysts believe that a bearish scenario is still possible in the short term.
The uncertainty surrounding major assets pushed investors to presales, and in particular, DeepSnitch AI, which secured over $600K in its second stage.
Despite being in its early stages, utility-focused DeepSnitch AI has already convinced investors of a possible surge of 100x, purely on the strength of its core offering.
Why is SpaceX moving assets?
According to Arkham, SpaceX transferred 1.1K of Bitcoin, valued at $105M, to a new wallet via Coinbase Prime for custody.
This isn’t the first such move, as the company already shuffled around 1.2K BTC to multiple addresses in October.
Although the reasons for the transfer are unconfirmed, most analysts believe that the SpaceX likely indicates routine custody or position in anticipation of more conclusive activity. The former is more likely, as the receiving wallets recorded no outgoing transfer or left liquidity trails.
The move occurred while market uncertainty was still high, despite Bitcoin stabilizing above $90K.
Although the wider market is recovering, many investors are still steering clear of Bitcoin and other major altcoins until a more decisive rally confirms the return of a bullish sentiment.
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DeepSnitch AI: Is DSNT’s 100x potential too good to be true?
Securing $600K little over four months after starting the presale, DeepSnitch AI and its revolutionary approach to AI agent technology convinced many traders of its 100x potential.
DeepSnitch AI’s prediction and analytics suite is running on five autonomous AI agents, making it possible to not only predict market sentiment shifts and FUD storms but also track whale moves and scan new tokens for rug pull risks.
Utility aside, DeepSnitch AI’s position within the AI ecosystem could be indicative of its future success. While most successful AI projects serve developers, DeepSnitch AI’s solution is designed for the larger retail sector, which could drastically boost adoption.
With a price of $0.02477, if the 100x prediction comes true, traders can turn $500 into almost $50K, which is an ROI impossible to achieve with most majors, regardless of how bullish the long-term Bitcoin price prediction may be.
Early investors will also receive exclusive access to the first two AI agents soon, which are already operational, making DeepSnitch AI one of the rare presale projects with immediate benefits.
Bitcoin price prediction: Is Bitcoin bullish in the short-term?
Bitcoin recovered above $90K on November 27, according to CoinMarketCap.
While the momentum looks bullish, Bitcoin market analysis may point to short-term challenges.
The price is currently testing the 20-day EMA, which represents a significant barrier. However, the selling pressure is fading, so a decisive surge above $93K, could restore momentum and allow for further upward movement.
Yet, long-term holders are concerned about the Bitcoin long-term outlook, citing liquidity challenges that have hindered most assets in November.
Adding fuel to the fire, Tom Lee changed his Bitcoin price forecast 2026, from $250K end-of-the-year target to $120K.
Cardano: Can ADA retrace its 2024 highs?
ADA traded at $0.4361 on November 27, logging a noticeable 4% pump, according to CoinMarketCap.
Analysts point to the RSI, which moved into oversold territory, as indicative of a rally. Moreover, the MACD histogram is reaching toward a golden cross, further strengthening the bullish narrative.
The next target is $0.50, and flipping it into support would establish a more solid support.
If the rally does happen, ADA could surge toward $1.35 by the end of the year, with the possibility of pushing toward $3 in 2026.
Final words: Something big may be cooking
Despite Bitcoin falling below expectations in 2025, its recovery may help the market break out in a massive rally by the end of the year.
Naturally, investing in blue chips could yield solid returns if this happens. However, presales generally provide more potential for gains and often come at affordable price points.
DeepSnitch AI, for instance, is expected to achieve 100x in 2026. Considering that the project has strong fundamentals, the predictions may hold water, meaning that taking part in reserving your DSNT tokens while the price $0.02477, could allow you to start the next year in full bull mode.
Jump into the DeepSnitch AI presale, and visit X and Telegram for the latest community updates.
FAQs
1. Why did SpaceX move $105M worth of Bitcoin?
SpaceX transferred 1.1K BTC to a new wallet via Coinbase Prime, likely as part of routine custody management.
2. What is the current Bitcoin price prediction?
BTC is testing the 20-day EMA near $93K. If it breaks above this level, momentum could strengthen, but analysts warn that liquidity issues and recent trend shifts still leave room for a bearish reversal.
3. Why are investors choosing DeepSnitch AI instead of Bitcoin?
With market uncertainty high, traders are aping into DeepSnitch AI, a retail-focused AI analytics project that has already raised $600K. Its utility-driven approach, live AI agents, and 100x predictions make it an attractive alternative to slower-moving volatile major assets like BTC.
Michelle DG
Michelle is an editor at CoinCentral & Blockonomi, covering the latest trends in crypto, blockchain, and digital finance. With a sharp eye for detail and a passion for emerging technologies, Michelle ensures every story delivers clarity, accuracy, and insight to our readers.
