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Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip?

Btc

Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming…

Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip? Read More »

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 »

Crypto Trends To Watch: Analyst Details 10 Reasons That Could Lead To Massive Q4 Gains

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As the crypto market grapples with significant volatility and uncertainty, expert analyst Miles Deutscher has outlined ten reasons to be optimistic about the year’s fourth quarter (Q4). With Q4 fast approaching, Deutscher emphasizes that a monumental market shift could catch many investors off guard. Trends And Factors That Could Impact The Crypto Market In a…

Crypto Trends To Watch: Analyst Details 10 Reasons That Could Lead To Massive Q4 Gains 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 Reports indicate that approximately $1.3 billion worth of Bitcoin has been withdrawn from various crypto exchanges, signaling a renewed interest and confidence in the leading cryptocurrency.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 »

On-Chain Data Suggests Bitcoin Price Trend Reversal Is Yet To Occur — What’s Happening?

Bitcoin

The price of Bitcoin (BTC) ended the week on a good note after making a late rally on Friday, September 13. This recent price upswing has led to talks about the Bitcoin price making a comeback following a horrendous start to September. Interestingly, the latest on-chain data suggests that the ongoing price recovery might not…

On-Chain Data Suggests Bitcoin Price Trend Reversal Is Yet To Occur — What’s Happening? 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 »

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 »

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