Bitcoin price started a recovery wave from the $55,600 zone. BTC is now struggling to clear the $58,500 resistance and might decline again. Bitcoin is struggling to recover above the $58,500 zone. The price is trading below $58,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
Bitcoin Price Bounce at Risk: Is the Recovery About to Fade? Read More »
An analyst has explained how Bitcoin could witness a drop to the $40,600 level based on a pattern forming in its 2-month price chart. Bitcoin Has Seen A TD Sequential Sell Signal On Its 2-Month Price In a new Tom Demark (TD) Sequential signal that has formed in the 2-month price of Bitcoin. The TD…
Bitcoin Could Drop To $40,600 If This Happens, Crypto Analyst Says Read More »
As Bitcoin gains traction within the Republican Party, notably championed by former President Donald Trump, lawmakers are increasingly positioning the cryptocurrency as a cornerstone for US economic growth. US Senator Cynthia Lummis is at the forefront of this movement, advocating for the Bitcoin Act, which aims to establish a strategic Bitcoin reserve for the United…
Senator Lummis Claims Bitcoin Could Cut National Debt In Half By 2045 Read More »
Over the past seven months, the price of Bitcoin has moved in a range between $73,777 and $49,000, significantly depressing sentiment across the market. In a new analysis published via X, Will Clemente III, co-founder of Reflexivity Research, addresses the prevailing sentiment of impatience and uncertainty among investors, sharing why he still remains bullish. Clemente’s…
Bitcoin Boom Over? Expert Calculates How High It Can Go In 10 Years Read More »
A recent Quicktake analysis on the on-chain analytics platform CryptoQuant highlighted how Bitcoin’s short-term holders’ (STH) behaviour is similar to that of 2019. This analysis comes as Bitcoin remains below $60,000, continuing the bearish September trend. Peak In Bitcoin’s Short-Term Holders Similar To 2019 Structure CryptoQuant contributor Avocado_onchain noted that there had been a “small…
Bitcoin Short-Term Holder Behavior Reminiscent Of 2019 As BTC Remains Below $60,000 Read More »
A crypto pundit has identified striking similarities between the Bitcoin (BTC) market behavior in 2023 and 2024. Based on the analyst’s observation, he believes that Bitcoin is experiencing a comparable cycle of decline, characterized by widespread investor sell offs, which could precede a significant price breakout to new levels. Comparing The Bitcoin Markets Of 2023…
Bitcoin Breakout: Pundit Shows Similarities Between 2023 And 2024 Read More »
Bitcoin has been under intensified selling pressure since the start of the week, with the largest cryptocurrency experiencing a nearly 4% drop in value over the past seven days. This decline brought Bitcoin to a one-month low of $55,690 earlier on Wednesday, raising concerns among investors about its near-term trajectory. Could Fed Rate Cuts Drive…
Bitcoin Analyst Points To $55,000 As Potential Bottom – US Liquidity The Key Read More »
The Bitcoin price has been unable to break out of its current downtrend after losing the $60,000 mark this week, trading as low as $57,790 on Tuesday. However, one indicator is pointing to further price corrections for the largest cryptocurrency on the market that could send the coin well below current levels. Bitcoin Faces Major…
Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead Read More »
Bitcoin price started another decline below the $57,200 zone. BTC is showing bearish signs and might soon test the $55,000 support zone. Bitcoin is gaining pace below the $58,000 support zone. The price is trading below $57,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with…
Bitcoin Price Slips Again: Is This the Start of a Bigger Drop? Read More »
Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its price below the $60,000 threshold. Due to the cryptocurrency’s prolonged bearish performance, a crypto analyst has warned that Bitcoin could decline even further, predicting a potential crash below $40,000. However, the analyst…
Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News Read More »
Amid ongoing volatility for the Bitcoin price, which has struggled to reclaim its all-time high of $73,700, bullish predictions continue to emerge for the leading cryptocurrency. The latest forecast comes from VanEck, asset manager and Bitcoin ETF issuer with over $100 billion in assets under management. Bitcoin Price Projection In a recent update, VanEck projected…
Bitcoin Price Prediction: VanEck Envisions $2.9 Million BTC By 2050 Read More »
