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Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming

Bitcoin News

As Bitcoin (BTC) grapples with a challenging market environment, it has struggled to regain momentum, hovering around the $53,000 and $60,000 levels for six consecutive weeks.  After losing the crucial $70,000 threshold on August 1, the largest cryptocurrency remains at risk of further declines, particularly with the upcoming Federal Reserve (Fed) meeting on September 18,…

Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming Read More »

Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next?

Bitcoin

Investors are once again accumulating Bitcoin (BTC) despite previous price declines. Reports indicate that approximately $1.3 billion worth of Bitcoin has been withdrawn from various crypto exchanges, signaling a renewed interest and confidence in the leading cryptocurrency.  Bitcoin Accumulation Frenzy Resumes Data from IntoTheBlock has revealed a new accumulation trend amongst Bitcoin investors. According to…

Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next? Read More »

Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why

Bitcoin

Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn’t be sad about such a massive price decline for the flagship crypto.  Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter)…

Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why Read More »

Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst

Bitcoin News

The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as ‘Kripto Mevsimi,’ the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where…

Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst Read More »

Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst

Bitcoin News

Bitcoin continues to show volatility in the market, with bulls slowly gaining momentum, but key resistance levels remain a challenge. $90,000 Is In Play, But This First Renowned crypto analyst Captain Faibik recently shared his bullish outlook for Bitcoin, forecasting that the asset could touch $68,000 by the end of this month if it successfully…

Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst Read More »

Bitcoin Sentiment Spikes After Mild Price Jump: Crowd Too Excited Too Quickly?

Bitcoin News

Data shows that the positive sentiment around Bitcoin has spiked on social media after BTC’s return above $58,000, implying investors may feel FOMO. Bitcoin Positive Vs. Negative Sentiment Ratio Has Spiked Recently According to data from the analytics firm Santiment, the crowd has recently shown a sudden burst of optimism around Bitcoin. The indicator of…

Bitcoin Sentiment Spikes After Mild Price Jump: Crowd Too Excited Too Quickly? Read More »

Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report

Bitcoin News

Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure…

Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report Read More »

BlackRock Calls Bitcoin ‘Hedge Against Global Disorder’, Analyst Sets $600,000 Target

Bitcoin

BlackRock, the prominent American multinational investment management corporation, has once again emphasized the enduring belief surrounding the Bitcoin potential as a strategic asset. In a recent statement, the firm reiterated a school of thought that has been gaining momentum within the financial world for years. According to the investment company, BTC is a good tool…

BlackRock Calls Bitcoin ‘Hedge Against Global Disorder’, Analyst Sets $600,000 Target Read More »

Time To Convert Bitcoin To Ethereum? ETH/BTC Charts Gears Up For 180% Surge

Bitcoin

Crypto investors may need to start paying attention to Ethereum (ETH), as the cryptocurrency’s price could be gearing up for a major rally against Bitcoin. A crypto analyst predicts a potential 180% surge in the ETH/BTC trading pair, signaling that now might be an opportune time for investors to consider converting their BTC holdings to…

Time To Convert Bitcoin To Ethereum? ETH/BTC Charts Gears Up For 180% Surge Read More »

MicroStrategy’s Largest Bitcoin Order Since 2021: Purchases Additional $1.1 Billion

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Business intelligence company MicroStrategy has made big headlines again with its latest acquisition of 18,300 Bitcoin, valued at approximately $1.11 billion.  The purchase, the largest by the company in over three years, was disclosed in a recent filing with the US Securities and Exchange Commission (SEC), which took place between August 6 and September 12,…

MicroStrategy’s Largest Bitcoin Order Since 2021: Purchases Additional $1.1 Billion Read More »

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