The crypto market is abuzz with speculation as the US government recently moved significantly regarding seized Bitcoin (BTC) linked to the infamous Silk Road dark web marketplace. This development comes at a critical time for the Bitcoin price, which has struggled to maintain its position above the $70,000 threshold after hitting its current all-time high…
Altcoins like Ethereum, Cardano, Solana, and the rest might be lower at spot rates. However, according to one analyst who sees a parallel in the current formation to the 2020 market cycle, they are gearing up for a potential surge. In a post on X, the analyst says that often, after a period of accumulation…
Ethereum And Altcoins Crash: Why Is This Analyst Super Bullish? 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 »
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 »
Bitcoin price started another decline from the $70,000 resistance zone. BTC is down over 5% and there was a move below the $67,500 support. Bitcoin price is gaining bearish momentum from the $70,000 resistance zone. The price is trading below $68,500 and the 100 hourly Simple moving average. There is a key bearish trend line…
Bitcoin Price Dumped To $66K As Bears Gain Strength, $64K Next? 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 »
A quant has explained that the past pattern in the Bitcoin taker buy-sell ratio metric may suggest the best window to start selling the asset. Bitcoin Taker Buy Sell Ratio May Reveal Selling Opportunities In a CryptoQuant Quicktake taker buy sell ratio.” This indicator keeps track of the ratio between the Bitcoin taker buy and…
Start Selling Bitcoin When This Happens, This Quant Says 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 »
Bitcoin price is consolidating above the $70,000 resistance zone. BTC might remain in a range for some time before the bulls attempt a move toward $75,000. Bitcoin price is struggling to gain pace above the $71,500 resistance zone. The price is trading above $70,500 and the 100 hourly Simple moving average. There is a short-term…
Bitcoin Price Consolidates Above $70K, Can Bulls Pump BTC To $75K? Read More »
