Data shows that Bitcoin (BTC) Open Interest plummeted during the latest market retrace, but Solana (SOL) and Ethereum (ETH) have been resilient. Solana & Ethereum Open Interest Has Only Seen A Mild Retrace According to data from the analytics firm Open Interest” here refers to a metric that keeps track of the total amount of…
Solana, Ethereum Attract Traders Amid Bitcoin Open Interest Plunge Read More »
In the latest episode of the What Bitcoin Did Podcast, hosted by Peter McCormack, Jack Mallers, CEO of Strike, made a stunning prediction for the Bitcoin price. Mallers speculated that BTC could reach a valuation between $250,000 to $1 million in the current economic cycle. Mallers grounded his prediction in the broader context of global…
Expert Explains Why Bitcoin Price Could Explode To $1 Million This Cycle Read More »
Bitcoin has been experiencing a notable increase in market activity, with recent movements indicating that sellers are becoming more active. A Major Price Drop On The Horizon? According to a post by XBTManager, a contributor on the CryptoQuant QuickTake platform, Bitcoin’s price rise last week, which saw it temporarily break out of its recent range,…
Data Shows Sellers Have Returned To Bitcoin: Is A Major Price Drop On The Horizon? Read More »
Bitcoin appears to be entering a rebound phase, given its recent increase that brought the asset’s price close to the $66,000 mark. Particularly, after briefly touching a 24-hour high of $64,893 earlier today, Bitcoin has retraced slightly, now trading at $63,786, reflecting a minor 0.2% decline over the past day. Despite this slight pullback, analysts…
Bitcoin Holds Steady at $63,000: Analysts Weigh In on Next Steps Read More »
Bitcoin price started a downside correction from the $65,000 resistance zone. BTC could revisit $61,750 before it starts a fresh increase in the near term. Bitcoin failed to clear the $65,000 resistance zone and corrected gains. The price is trading below $63,500 and the 100 hourly Simple moving average. There was a break below a…
Bitcoin Price Slips, But Key Support Remains Intact Read More »
On-chain data shows the Bitcoin Supply in Profit indicator has been forming a pattern recently that could put the bull run into jeopardy. Bitcoin Supply In Profit Has Seen Multiple Dips Into “Transition” Zone Recently As an analyst in a CryptoQuant Quicktake Supply in Profit” trend could suggest a potential entry into the transition zone…
Bitcoin Breaks $64,000, But This Pattern Could Mean Bull Run Isn’t Safe Read More »
Market watchers have praised the Solana (SOL) price action throughout the month. The fifth-largest cryptocurrency by market capitalization has displayed a strong performance despite the market shakeouts, recently reclaiming the $160 support level. Analysts suggest that SOL might repeat history and kickstart a rally toward a new all-time high (ATH) soon. Solana Breaks Out Of…
Solana (SOL) Ripe For Price Discovery, Analyst Eyes $600 Target Read More »
Bitcoin (BTC) has regained significant momentum over the past week, breaking free from the $49,000 lows it reached during the broader market crash on August 5. Since the past seven days, the flagship cryptocurrency has surged over 8%, climbing above the critical $63,000 level and reaching as high as $65,000 on Sunday. This latest rally…
Bitcoin Market Update: Analyst Sees 65% Chance Of Retest Before Surge To $68,000 Read More »
Following the Bitcoin price surge back to $64,000, crypto analyst Rekt Capital is predicting a major breakout move in the coming weeks. In a new video analysis, the analyst forecasts a significant market movement around October 2024, based on historical precedents and current chart patterns. Will October Be Bullish For Bitcoin Again? Looking at the…
Here’s When Bitcoin Is Predicted To Break Its All-Time High If History Repeats Read More »
It’s a surprising performance for XRP in the crypto market today, alone spiking over 7% during the weekend rally led by Bitcoin’s attempt to breach the $65,000 mark. XRP made a high of $0.6304 but closed a bit lower at $0.6131. Even the slightest drop in this asset seemed to not deter its upward momentum,…
XRP Set To Explode? Top Analyst Predicts $33 Rally Read More »
Trying to time the Bitcoin bottom as the perfect time to buy is a pursuit for many cryptocurrency traders. As a result, crypto analysts have used various indicators in the quest to predict the best time to buy Bitcoin. This pursuit has not waned even with the BTC price hitting a new all-time high earlier…
Crypto Analyst Sounds Alarm: Here’s Why It’s Your ‘Last Chance To Buy Bitcoin’ Read More »
