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Bitcoin Set for Further Decline As Bearish Sentiment Intensifies

Bitcoin

Bitcoin (BTC), the leading cryptocurrency by market capitalization, appears to be heading for further declines as market sentiment turns increasingly bearish. Recent analysis shows that BTC is struggling to maintain key support levels, and the overall mood among traders and investors is shifting towards caution. Several factors such as macroeconomic pressures, regulatory concerns, and technical…

Bitcoin Set for Further Decline As Bearish Sentiment Intensifies Read More »

Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery

Bitcoin

The Bitcoin on-chain metrics continue to show bullish signs that a parabolic breakout is imminent for the flagship crypto. The latest of these metrics is a significant turnaround in Bitcoin’s network activity, which could further provide bullish momentum for the crypto token.  Bitcoin Sees Surge In Network Activity  Crypto analyst Ali Martinez revealed in an…

Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery Read More »

Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide

Bitcoin

In an analysis released to his 280,000 followers on X, the renowned crypto analyst known as Cold Blooded Shiller (@ColdBloodShill) provided an in-depth look at the current state of Bitcoin amidst a volatile market environment. His commentary, titled “Ultimate BTC Simple Bias Guide,” unpacks the recent emotional reactions triggered by Bitcoin’s price movements and offers…

Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide Read More »

Bitcoin Buoyed By Big Money: Whales Gobble More BTC, Signaling Bullish Outlook

Bitcoin

Bitcoin (BTC) finds itself in a curious position, caught in a tug-of-war between the bullish conviction of whales (large investors) and the jittery hands of short-term holders. The world’s top cryptocurrency recently surged to within a hair’s breadth of its all-time high, fueled by a buying spree from whales. However, lurking beneath the surface are…

Bitcoin Buoyed By Big Money: Whales Gobble More BTC, Signaling Bullish Outlook Read More »

Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities

Bitcoin

The Bitcoin price has stalled after hitting the $71,000 level, floating in what is essentially a limbo of indecisiveness. Naturally, periods like these act as a predecessor to a massive move, but what direction the price might be headed in is another thing entirely. In an effort to pinpoint where Bitcoin is going, crypto analyst…

Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities Read More »

Bitcoin’s Stubborn Stand Below $100K: What’s Holding It Back?

Bitcoin

Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated price surge to $100,000 remains ‘unrealized.’ Charles Edwards, founder of Capriole Investments, commented on this and took to Elon Musk’s social media platform X to explain the hurdles preventing Bitcoin from achieving…

Bitcoin’s Stubborn Stand Below $100K: What’s Holding It Back? Read More »

Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH

Bitcoin

Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run.  The Most Important Indicator For Bitcoin Swift claimed that the global liquidity was…

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Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important

Bitcoin

The Bitcoin recent foray into $70,000 price territory has again become a hot topic among investors, with many looking at a positive price outlook. As a result of this fascinating price action, the vast majority of long-term holders have seen their holdings cross into profit zone. Particularly, the positive outlook seems to be positive among…

Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important Read More »

Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?

Bitcoin

Bitcoin long-term holders are back in profit following the flagship crypto’s recent price surge. However, the same can’t be said for most short-term holders yet, given the levels at which they purchased their Bitcoin holdings.  Only 0.03% Of Long-term Bitcoin Holder Supply In Loss In a recent market report, on-chain analytics platform Glassnode claimed that…

Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders? Read More »

Beyond BTC: Crypto Miners Get Brainy, Embrace AI After Block Reward Whacking

Bitcoin

The winds of change are blowing through the crypto mining industry. The highly anticipated halving event in April 2024, which sliced block rewards in half, has sent shockwaves through the ecosystem. Daily revenue for miners has plummeted by over 70% since the halving, forcing them to scramble for new avenues to secure their bottom line.…

Beyond BTC: Crypto Miners Get Brainy, Embrace AI After Block Reward Whacking Read More »

Is The Bitcoin Price Manipulated? Experts Explain ‘Small’ Impact Of ETF Inflows

Bitcoin

The US spot Bitcoin Exchange-Traded Funds (ETFs) have been witnessing a historic run of inflows, marking 17 consecutive days of net additions. On a particularly notable Tuesday, these ETFs observed inflows totaling a staggering $886.6 million, ranking it as the second-highest single-day influx since their introduction. This was followed by another significant day of inflows…

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