Recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that monitor flows in US exchange-traded funds (ETFs). According to Bloomberg, this algorithmic trading response to daily US ETF flow data is causing pronounced swings in Bitcoin prices during Asian trading hours. Trading Algos Spoil The Bitcoin Price The trigger for…
Asia’s Bitcoin Volatility Linked To Algos Tracking ETF Flows Read More »
On-chain data shows that the world’s largest stablecoin issuer, Tether, recently added more Bitcoin to its holdings. The magnitude of the purchase has caused the crypto community to speculate on why Bitcoin’s price has dipped instead when such a development is usually bullish for the crypto token. Tether Acquires 8,888 BTC largest Bitcoin holders, even…
Tether Buys 8,888 Bitcoin For $618 Million, But Why Is Price Down? Read More »
Once again, there is hope for Bitcoin (BTC) as Michael Van De Poppe, a cryptocurrency expert, has spotlighted the potential for the crypto asset’s price to reach a new all-time high before the highly anticipated Halving event commences. One Final All-Time High For Bitcoin Before Halving The price of Bitcoin is presently exhibiting new bearish…
Bitcoin Final Dance: Analyst Eyes Final Peak Ahead Of Halving Read More »
The Bitcoin market has witnessed a significant downturn, with prices plummeting below the $66,000 mark. This abrupt -5.6% price movement can be attributed to four major factors: a long liquidation event, a rising US Dollar Index (DXY), profit-taking by investors, and spot Bitcoin ETF outflows. #1 Long Liquidations The main force leading to today’s downturn…
Bitcoin Price Tumbles Below $66,000: 4 Major Reasons Read More »
Founder and Chief Executive Officer (CEO) of Morgan Creek Capital Management, Mark Yusko has predicted a massive price increase for Bitcoin during the 2024 bull cycle. Emphasizing Bitcoin’s immense potential, the hedge fund manager has crowned it as the unrivaled “King” among digital assets. $150,000 Price Target Set For BTC Appearing in a recent interview…
Hedge Fund Manager Predicts When Bitcoin Price Will Reach $150,000 Read More »
The Bitcoin Halving is fast approaching, with less than 2,900 blocks left before miners’ rewards are cut in half. This event, projected to take place sometime in April, is significant as Bitcoin’s price could enjoy a parabolic move to the upside after it takes place. Bitcoin Halving Set For April 19 block time average, which…
Bitcoin Halving Inches Closer With Less Than 2,900 Blocks Left Read More »
All eyes look to be on the flagship crypto, Bitcoin, ahead of the predict further upside moves for the crypto token. However, crypto analyst Jason Pizzino recently made a strong case for altcoins like Ethereum (ETH) and Solana (SOL) and why much focus should also be placed on them. Ethereum And Solana Still Primed For…
Forget Bitcoin, Altcoins Are The Winners Of This Cycle, Crypto Analyst Says Read More »
Bitcoin has started out the new week on a rather bearish note after a flash crash sent the price below $69,000 once more. There has since been some recovery in the price of the largest cryptocurrency in the space. However, the damage has already been done as tens of thousands of crypto traders were flushed…
Bitcoin Flash Crash Washes Out 81,000 Crypto Traders For Over $220 Million Read More »
Popular cryptocurrency analyst and enthusiast Rekt Capital has delved into the recent performance of Bitcoin (BTC) citing the beginning of a breakout process from a weekly range that could possibly lead to an upswing. Bitcoin Begins The Breakout Process Rekt Capital previously highlighted that Bitcoin has been wedged within a weekly range he dubbed Black-Black,…
Bitcoin Weekly Range Breakout Signals Potential Upsurge: Analyst Read More »
Almost every Bitcoin investor is anticipating a continued price surge as the crypto continues to trade around the $70,000 price mark. On-chain data has shown a large part of this surge can be attributed to the accumulation by large whales. Bitcoin is undoubtedly home to a lot of these whale addresses holding hundreds of millions…
Prepping For $100,000: Bitcoin Shark And Whales Spend Over $18 Billion To Buy BTC Read More »
The Bitcoin price has experienced a notable resurgence over the past week, drawing parallels to the optimism often associated with Holy Week among Christians. This renewed momentum has infused the entire market, leading to significant profits for other major cryptocurrencies in the last seven days. The resurgence of the Bitcoin price seems to be at…
Can This Bullish Chart Pattern Propel Bitcoin Price To $75,000? Read More »
