Bitcoin might be stuck in a downtrend, but fundamental analysis suggests it is in a healthy position. According to a recent analysis by crypto analyst Kaleo, Bitcoin is currently putting up healthier dynamics than it did in the previous halving cycle. This intriguing outlook for Bitcoin comes amidst the cryptocurrency’s struggle to stand firm above…
Analyst Says Bitcoin Is In A ‘Healthier’ Place Now, Here’s Why Read More »
The Bitcoin recovery at the beginning of the week has been a welcome development, especially given the incredibly bearish movements of the last month. However, even with the price on the up and up, there is still some danger lurking around that could stop the rally dead in its tracks. So, it has become important…
Bitcoin Recovery Path To $60,000: Analyst Reveals Why $55,881 Is Important Read More »
Bitcoin has made some recovery over the past 24 hours, which may have prevented this deep fall that the asset was previously at risk of. Bitcoin Has Recovered Back Towards The $57,000 Level Bitcoin witnessed a plunge a few days ago, but it has started this new week with bullish momentum, seemingly rejuvenated as its…
Bitcoin Recovery: Has BTC Prevented A Fall To $41,000 With This Surge? Read More »
Bitcoin market performance has been underwhelming since its peak above $73,000 in March 2024. Instead of building on this rally, the top crypto has faced continued consolidation coupled with a series of declines, frustrating many investors. Currently, Bitcoin is down 22.7% from its March high, raising concerns over whether this signals the start of a…
Is Bitcoin Heading For A Bear Market? Analysts Weigh In On The Price Struggles Read More »
Bitcoin has been in a consolidation phase since its renewed peak above $73,000 in March. However, many experts in the crypto space are eyeing potential signs of a breakout that could lead to a new all-time high (ATH). A renowned crypto analyst, Mags, for instance, recently shared his emerged in the past and how they…
New ATH Incoming? Analyst Reveals Why Bitcoin’s Next Rally Is Around the Corner Read More »
Crypto analyst Thomas has provided his Bitcoin price prediction for 2030 based on whether Donald Trump or Kamala Harris wins the US presidential elections. Crypto has become a major talking point ahead of the elections, and experts like Bernstein analysts have also suggested that the winner of the polls will determine Bitcoin’s future trajectory. What…
Data shows derivatives exchange users are still shorting Bitcoin after the recovery that the cryptocurrency has enjoyed beyond the $57,000 mark. Bitcoin Funding Rate Is Still Negative On Major Exchanges According to data from the analytics firm Funding Rate,” which keeps track of the periodic fee that the derivatives contract traders on a given exchange…
Bitcoin Surges Above $57,000, But Investors Still Shorting: Fuel For More Rise? Read More »
Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on September 10, 2024, Metaplanet said it had increased its cryptocurrency holdings by 38.464 BTC, bought for approximately 300 million yen ($2 million).…
Crypto analyst Jesse Olson has highlighted the second consecutive Heikin Ashi signal on the Bitcoin (BTC) weekly chart. This comes despite Bitcoin’s recent rise to as high as $58,000, which suggests that a bullish reversal might be on the horizon. What The Heikin Ashi Signal Means For Bitcoin While momentum to the downside. Based on…
Bitcoin Sees 2 Consecutive Heikin Ashi Signals On The Weekly Chart, What This Means Read More »
The Bitcoin market has seen some consolidation since Monday, maintaining a price above the $56,000 mark after a brief drop from $65,000 to around $52,600 last Friday. However, one analyst suggests that the bearish sentiment may still be ongoing, with expectations of a potential revisit to lower levels before a significant upward movement. BTC’s Future…
Bitcoin Shakeout Ahead: Analysts Predict Final Dip Before Bull Run Resumes Read More »
Predictions for the Bitcoin price have been all over the place, especially when it comes to whether the cryptocurrency can hit a new all-time high after the crash. While bearish sentiments remain strong, there are still analysts who believe that bullish times are on the way for the pioneer cryptocurrency. Bernstein analysts have fallen into…
Analysts Say Bitcoin Will Break $90,000 In Q4 2024 But This Must Happen First Read More »
