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Most Important Bitcoin Indicator Nears Bullish Flip: $150,000 Soon?

Bitcoin

In a recent analysis, James Coutts, Chief Crypto Analyst at Realvision, signaled a potential bullish turn in Bitcoin’s near future, attributing the forecasted change to shifts in global liquidity measures, specifically the Global Money Supply (M2) index which is widely seen as most important price catalyst. Coutts detailed this anticipation in a thread on X,…

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Bitcoin Breaks Free: Emerging from Bearish Sentiment, Crypto Market Optimism Rises

Btc

Bitcoin price is up nearly 8% and it broke many hurdles. BTC is now consolidating gains and might correct in the short term toward $65,000. Bitcoin started a strong increase and cleared the $63,500 resistance zone. The price is trading above $65,000 and the 100 hourly Simple moving average. There was a break above a…

Bitcoin Breaks Free: Emerging from Bearish Sentiment, Crypto Market Optimism Rises Read More »

Bitcoin Soaring Toward $84,000: Insights From Glassnode Co-Founders

Bitcoin News

In a remarkable turn of events, Bitcoin (BTC) has broken out of its recent trading range, recording a 7% surge in the past 24 hours alone. The cryptocurrency tests the $66,000 resistance level, setting the stage for a potential move toward higher targets. The latest momentum shift in Bitcoin’s price action has caught the attention…

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Market Expert Who Predicted Bitcoin’s Rise above $69,000 Unveils New Target

Bitcoin

The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC price would reach a new all-time high before the halving was completed.…

Market Expert Who Predicted Bitcoin’s Rise above $69,000 Unveils New Target Read More »

Bitcoin: Will Prices Easily “Explode” Past $74,000 Or Dump Due To Miner Capitulation?

Bitcoin News

Bitcoin prices have been trending lower in the past couple of weeks and generally remain within a bearish formation. Although momentum appears to be picking up, bulls are not out of the woods just yet. Analysts are not losing hope and remain overly upbeat, expecting a surge that would take the world’s most valuable coin…

Bitcoin: Will Prices Easily “Explode” Past $74,000 Or Dump Due To Miner Capitulation? Read More »

Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC

Bitcoin

Glassnode Bitcoin long-term holders are taking advantage of the cryptocurrency’s lower price to significantly increase their holdings. This accumulation further strengthens the belief that this group of Bitcoin investors anticipate a potential upside for Bitcoin despite its recent volatility.  Long-Term Holders Pay $4.3 Billion For 70,000 BTC According to Glassnode, long-term Bitcoin holders who had…

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$291 Billion Asset Manager Founder Predicts Bitcoin Will Hit $420,000

Bitcoin

In an interview with Yahoo Finance’s “Wealth,” Ric Edelman, founder of the Digital Assets Council of Financial Professionals and $291 billion asset manager Edelman Financial Services, provided a striking forecast for the Bitcoin price. Edelman argued that Bitcoin’s price could surge to $420,000, attributing this potential rise to a modest global asset allocation towards Bitcoin.…

$291 Billion Asset Manager Founder Predicts Bitcoin Will Hit $420,000 Read More »

Bitcoin Price Holds Firm: Key Support Maintained Amid Market Uncertainty

Btc

Bitcoin price is holding the key support at $60,000. BTC could start another increase and rise toward the range resistance at $63,500. Bitcoin is still trading in a range between $60,000 and $63,500. The price is trading above $61,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend…

Bitcoin Price Holds Firm: Key Support Maintained Amid Market Uncertainty Read More »

Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals

Bitcoin News

A quant has explained how there appears to be a relationship between Coinbase’s spot volume dominance vs. Binance’s and the Bitcoin price. Bitcoin Has Been Reacting To Binance/Coinbase Volume Changes In a CryptoQuant Quicktake spot volume dominance. The quant shared a chart below that shows how this war for dominance has played out over the…

Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals Read More »

Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements

Bitcoin News

Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve. Stagnant Crypto Market Per…

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